Nonprofit · EIN 23-7002952
WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION
Tax-exempt · VALENCIA, CA 91355
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,415,828 | $2,744,016 | -$328,188 | $2,564,914 | $2,077,807 | $487,107 |
| June 30, 2024 | 990 | $1,197,778 | $1,266,249 | -$68,471 | $1,097,800 | $282,505 | $815,295 |
| June 30, 2023 | 990 | $1,071,264 | $881,226 | $190,038 | $1,051,992 | $168,226 | $883,766 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,298,287
- Membership dues
- $2,298,287
- Program service revenue
- $0
- Investment income
- $29,508
- Other revenue
- $88,033
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $15,341
- Accounting fees
- $1,998
- Program services (functional)
- $2,545,097
- Management and general (functional)
- $198,919
Balance sheet and other
- Total assets, start of year
- $1,097,800
- Total assets, end of year
- $2,564,914
- Total liabilities, end of year
- $2,077,807
- Net assets, end of year
- $487,107
- Gross receipts
- $2,415,828
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1967
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MEISEL | PRESIDENT Trustee or director | 2 | $0 |
| ALISON COLBURN | VICE PRESIDENT Trustee or director | 2 | $0 |
| ANDREW KANE | TREASURER Trustee or director | 2 | $0 |
| AUDREY ISRAEL | SECRETARY Trustee or director | 2 | $0 |
| ALAN JEFFERY | MEMBER AT LARGE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MEISEL | PRESIDENT Trustee or director | 2 | $0 |
| ALISON COLBURN | VICE PRESIDENT Trustee or director | 2 | $0 |
| ANDREW KANE | TREASURER Trustee or director | 2 | $0 |
| AUDREY ISRAEL | SECRETARY Trustee or director | 2 | $0 |
| ALAN JEFFERY | MEMBER AT LARGE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MEISEL | PRESIDENT Trustee or director | 2 | $0 |
| ALAN JEFFERY | VICE PRESIDENT Trustee or director | 2 | $0 |
| ANDREW KANE | TREASURER Trustee or director | 2 | $0 |
| ALISON COLBURN | SECRETARY Trustee or director | 2 | $0 |
| AUDREY ISRAEL | MEMBER AT LARGE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 27220 TURNBERRY LN STE 150, VALENCIA, CA 91355-1050
- In care of
- % PROPERTY MGMT PROS
- Principal officer (990 for 2024)
- MICHAEL MEISEL, ONE BOARDWALK AVENUE SUITE 102, THOUSAND OAKS, CA 91360
- Signed the 990
- ANDY KANE, PRESIDENT
- Phone
- (661) 295-4900
- Return prepared by
- OWENS MOSKOWITZ AND ASSOCIATES INC
California records
California keeps its own records of charities and corporations. Search them by EIN 23-7002952 or by the name WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SEE SCHEDULE O
Program accomplishments
- THE SPECIFIC AND PRIMARY PURPOSES OF THE ASSOC. ARE TO BRING ABOUT CIVIC BETTERMENTS AND SOCIAL IMPROVEMENTS BY PROVIDING FOR THE PRESERVATION OF THE ARCHITECTURE AND APPEARANCE OF THE COMMUNITY, AND BY OWNING, OPERATING, AND MAINTAINING THE PROPERTIES FOR USE OF ALL RESIDENTS IN THE ENTIRE COMMUNITY ON CERTAIN REAL PROPERTY LOCATED IN WESTLAKE VILLAGE, CA. AMONG THE GENERAL PURPOSES IS TO PROMOTE THE COMMON GOOD, HEALTH, SAFETY, AND GENERAL WELFARE OF ALL RESIDENTS WITHIN THE COMMUNITY. THE POPULATION OF THE ASSOC. IS APPROX. 1,500. NO GRANTS ARE PROVIDED TO OTHERS. THE ASSOC. OWNS AND MAINTAINS A VARIETY OF GREENBELTS AND PARK AREAS. ALL FACILITIES ARE AVAILABLE TO RESIDENTS AND THEIR GUESTS ON AN UNRESTRICTED BASIS.Expenses $2,545,097
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7002952
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,564,914
- Income (IRS master file)
- $2,415,828
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,415,828 | $2,744,016 | $2,564,914 | XML |
| 990 | June 2024 | $1,197,778 | $1,266,249 | $1,097,800 | XML |
| 990 | June 2023 | $1,071,264 | $881,226 | $1,051,992 | XML |
| 990 | June 2022 | $915,298 | $994,005 | $867,071 | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7002952).
Questions about WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION
- What is the EIN of WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION?
- The employer identification number (EIN) of WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION is 23-7002952.
- Is WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1971.
- Are donations to WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION?
- The 990 for the year ended June 30, 2025 names MICHAEL MEISEL.
- Who are the officers and directors of WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does WESTLAKE ISLAND PROPERTY OWNERS ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,415,828, expenses of $2,744,016 and total assets of $2,564,914 at year end.
Other nonprofits in VALENCIA
- HENRY MAYO NEWHALL MEMORIAL HOSPITAL EIN 95-2821104 · last filed 990 for 2025
- CALIFORNIA INSTITUTE OF THE ARTS EIN 95-6102146 · last filed 990 for 2025
- ELECTRICORE INC EIN 35-1888396 · last filed 990 for 2025
- TRINITY CLASSICAL ACADEMY EIN 95-4790280 · last filed 990 for 2025
- DAVID HOROWITZ FREEDOM CENTER EIN 95-4194642 · last filed 990 for 2024
- EL DORADO COMMUNITY SERVICE CENTER EIN 95-3389108 · last filed 990 for 2024
- LEGACY SECONDARY SCHOOLS INC EIN 26-2215217 · last filed 990 for 2022
- SAMUEL DIXON FAMILY HEALTH CENTER INC EIN 95-4278726 · last filed 990 for 2025