Coosawattee River Resort Assn Inc

The information for Coosawattee River Resort Assn Inc is as of the organization's most recent filing in April '21. This organization is located in Ellijay, GA. It has been in existence for 12 years, following its founding in 2009.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Coosawattee River Resort Assn Inc's NTEE code is L50. The "L" tells us that the organization is classified along with Homeowners & Tenants Associations. The "50" tells us that the organization is focused on Housing & Shelter. The NTEE describes Homeowners & Tenants Associations as organizations that serve the interests of the community as a whole and provide services which meet the needs of people who own or rent apartments, condominiums, townhomes, mobile home parks, or other housing complexes who are their members. Also included are complexes that are owned collectively by the people who live there.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to fall under section 4 of the Internal Revenue Code. The IRS describes section 4 as Civic Leagues, Social Welfare Organizations, and Local Associations of Employees. These organizations are focused on serving the community and the welfare of its members.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Coosawattee River Resort Assn Inc is to operate the property owners association in order to provide the highest level of stewardship of association assets, maintain a quality environment, and provide efficient and cost-effective services to their property owners and guests in a friendly, ethical, and professional manner.

Program Areas

The Coosawattee River Resort Association, Inc is a non-profit corporation located in Ellijay, GA. Their primary purpose is to exercise the rights, powers, and obligations vested in the association according to its declaration of covenants, conditions, and restrictions. This includes electing a board of directors, managing and maintaining common areas and elements, and collecting member assessments. The association provides day-to-day operational administration services, ensures public safety, and maintains road and grounds. They also promote the social welfare of their members. With approximately 9,625 membership units, including residential lots and timeshare weeks, the association operates as a controlled access or "gated" community with various common areas and miles of roads.

Organization Staffing

Coosawattee River Resort Assn Inc is run by Enrique Bertran, who is the President of the organization. The organization has a small labor force, with only 16 employees. Out of these employees, only one is paid over $100k per year. Additionally, the organization relies on the support of 18 volunteers.

Board Governance

The Coosawattee River Resort Association Inc appears to be well-governed based on the information provided. The organization has 16 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. The absence of potential conflicts of interest further strengthens the organization's governance, ensuring that decisions are made solely in the best interest of the non-profit and its mission. The fact that the organization has not delegated management to an outside firm suggests that the board maintains direct control and oversight over the operations and activities of the organization. This enables them to closely monitor and guide the non-profit's initiatives, ensuring that they align with the organization's goals and objectives. The documentation of both board and committee meetings is another positive indicator of good governance. By keeping thorough records of these meetings, the organization demonstrates transparency and accountability in its decision-making processes. This documentation also serves as a valuable resource for future reference and evaluation. The presence of conflict of interest, whistleblower, document retention, and disclosure policies further highlights the organization's commitment to ethical and responsible governance. These policies provide clear guidelines for addressing potential conflicts, protecting whistleblowers, preserving important documents, and ensuring transparency and accountability in financial matters. While the organization substantiates and reviews leadership salaries, the lack of information regarding the review of officer's salaries could be a potential area for improvement. It would be beneficial for the organization to extend the same level of scrutiny and review to all levels of leadership compensation to ensure fairness and alignment with industry standards. Overall, the Coosawattee River Resort Association Inc demonstrates strong governance practices, with a focus on transparency, accountability, and ethical decision-making. The organization's commitment to these principles positions it well to effectively serve its mission and stakeholders.

Organization Growth

The Coosawattee River Resort Assn Inc has experienced growth over the given time period. Program Service Revenue increased from $4.6M in 2014 to $6.6M in 2020, Investment Income increased from $9.8K to $136.2K, and Other Revenue increased from $132.4K to $337.9K. Additionally, Total Revenue grew from $4.8M to $7.0M. However, there was also an increase in expenses, with Total Expenses rising from $4.1M to $5.6M. Despite this, the organization's revenue growth suggests that it has expanded and become more financially successful. On the other hand, there was a decrease in the number of employees and volunteers, which may indicate a shift in the organization's structure or operations.