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Nonprofit · EIN 23-7002953

WESTLAKE LAKE MANAGEMENT ASSOCIATION

Also known as CORP

Tax-exempt · WESTLAKE VLG, CA 91361

Financials

$3.3M$2.7M2023$3.7M$3M2024
Revenue Expenses · by fiscal year end
Financials of WESTLAKE LAKE MANAGEMENT ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,692,963$2,959,095$733,868$11,762,468$509,592$11,252,876
December 31, 2023990$3,277,890$2,686,873$591,017$11,658,080$1,149,267$10,508,813
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,751,616
Membership dues
$1,751,616
Program service revenue
$1,422,726
Investment income
$460,543
Net gain from sales of assets
$17,374
Other revenue
$58,078

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$153,524
Other salaries and wages
$455,777
Salaries, compensation and benefits (total)
$770,526
Professional fundraising fees
$0
Legal fees
$214,132
Accounting fees
$14,442
Depreciation
$61,858
Program services (functional)
$2,530,783
Management and general (functional)
$428,312

Balance sheet and other

Total assets, start of year
$11,658,080
Total assets, end of year
$11,762,468
Total liabilities, end of year
$509,592
Net assets, end of year
$11,252,876
Land, buildings and equipment
$665,664
Net assets without donor restrictions
$429,196
Net assets with donor restrictions
$10,823,680
Gross receipts
$4,562,862
Employees
0
Volunteers
0
Year formed
1968
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
NICOLAS SMITHLAKE OPS. MGR.
Highest-paid employee
40$153,524
CHIP LIGHTFOOTPRESIDENT
Trustee or director, Officer
0$0
MICHAEL BOGASHVICE PRESIDENT
Trustee or director, Officer
0$0
DONALD NIKCHEVICHSECRETARY
Trustee or director, Officer
0$0
ANDY KANETREASURER
Trustee or director, Officer
0$0
ALAN DAVIESDIRECTOR
Trustee or director
0$0
ANDREW MCLARENDIRECTOR
Trustee or director
0$0
GARY FESKENSDIRECTOR
Trustee or director
0$0
JAN MEISELDIRECTOR
Trustee or director
0$0
JACLYN GELBDIRECTOR
Trustee or director
0$0
BRIAN NELSONDIRECTOR
Trustee or director
0$0
ALAN JEFFERYDIRECTOR
Trustee or director
0$0
TERI PACITTODIRECTOR
Trustee or director
0$0
SUSAN PLUMBDIRECTOR
Trustee or director
0$0
JERRY KETCHAMDIRECTOR
Trustee or director
0$0
20 more people on this return
NameTitleHours / weekCompensation
MICHAEL SINGERDIRECTOR
Trustee or director
0$0
KAREN LIEBERMANDIRECTOR
Trustee or director
0$0
JACK EDELSTEINDIRECTOR
Trustee or director
0$0
ARTHUR PFEFFERMANDIRECTOR
Trustee or director
0$0
MARTIN FENTRESSDIRECTOR
Trustee or director
0$0
NORMAN WEINSTOCKDIRECTOR
Trustee or director
0$0
MICHAEL KIRKDIRECTOR
Trustee or director
0$0
JEFF WERDESHEIMDIRECTOR
Trustee or director
0$0
LYNDA BRENNERDIRECTOR
Trustee or director
0$0
CHRISTINE WHEELERDIRECTOR
Trustee or director
0$0
JAMIE CLEARYDIRECTOR
Trustee or director
0$0
PATTI APELDIRECTOR
Trustee or director
0$0
JOHN BLINDBURYDIRECTOR
Trustee or director
0$0
DONALD NIKCHEVICHDIRECTOR
Trustee or director
0$0
TIM MEADEDIRECTOR
Trustee or director
0$0
KEVIN YABLANDIRECTOR
Trustee or director
0$0
JORDAN BLAKLEYDIRECTOR
Trustee or director
0$0
MARIA POWELLDIRECTOR
Trustee or director
0$0
JAN DEMAIODIRECTOR
Trustee or director
0$0
KAJ SORENSENDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 34 people
NameTitleHours / weekCompensation
NICOLAS SMITHLAKE OPS. MGR.
Highest-paid employee
40$150,000
CHIP LIGHTFOOTPRESIDENT
Trustee or director, Officer
0$0
MICHAEL BOGASHVICE PRESIDENT
Trustee or director, Officer
0$0
DONALD NIKCHEVICHSECRETARY
Trustee or director, Officer
0$0
ARTHUR PFEFFERMANTREASURER
Trustee or director, Officer
0$0
LINDA CATLINDIRECTOR
Trustee or director
0$0
SUSAN PLUMBDIRECTOR
Trustee or director
0$0
JACLYN GELBDIRECTOR
Trustee or director
0$0
JERRY KETCHAMDIRECTOR
Trustee or director
0$0
KAREN LIEBERMANDIRECTOR
Trustee or director
0$0
ALAN JEFFERYDIRECTOR
Trustee or director
0$0
JAN MEISELDIRECTOR
Trustee or director
0$0
MICHAEL SINGERDIRECTOR
Trustee or director
0$0
ALAN DAVIESDIRECTOR
Trustee or director
0$0
BRIAN NELSONDIRECTOR
Trustee or director
0$0
GARY FESKENSDIRECTOR
Trustee or director
0$0
ANDREW MCLARENDIRECTOR
Trustee or director
0$0
JAN WHITNEYDIRECTOR
Trustee or director
0$0
MARTIN FENTRESSDIRECTOR
Trustee or director
0$0
MICHAEL KIRKDIRECTOR
Trustee or director
0$0
BARBARA CORNWALLDIRECTOR
Trustee or director
0$0
WILLIAM IZAKOWITZDIRECTOR
Trustee or director
0$0
JAMES LACEYDIRECTOR
Trustee or director
0$0
DANIEL BLANDDIRECTOR
Trustee or director
0$0
LYNDA BRENNERDIRECTOR
Trustee or director
0$0
JAMIE CLEARYDIRECTOR
Trustee or director
0$0
MARTHA ELIZABETHDIRECTOR
Trustee or director
0$0
JOHN BLINDBURYDIRECTOR
Trustee or director
0$0
DIANE GRAHAMDIRECTOR
Trustee or director
0$0
TIM MEADEDIRECTOR
Trustee or director
0$0
JORDAN BLAKLEYDIRECTOR
Trustee or director
0$0
MARIA POWELLDIRECTOR
Trustee or director
0$0
JAN DEMAIODIRECTOR
Trustee or director
0$0
KAJ SORENSENDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
32353 TRIUNFO CANYON RD, WESTLAKE VLG, CA 91361-3910
Principal officer (990 for 2024)
CHIP LIGHTFOOT, 32353 W TRIUNFO CANYON RD, WESTLAKE VILLAGE, CA 91361
Signed the 990
CHIP LIGHTFOOT, PRESIDENT
Phone
(818) 889-5377
Return prepared by
OWENS MOSKOWITZ AND ASSOCIATES INC

California records

California keeps its own records of charities and corporations. Search them by EIN 23-7002953 or by the name WESTLAKE LAKE MANAGEMENT ASSOCIATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

MISSION IS TO MANAGE AND MAINTAIN THE LAKE AND ENVIRONMENT

990 for the year ended December 31, 2024

Program accomplishments

  • MAINTAINING LAKE AND ENVIRONMENT
    Expenses $2,530,783

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7002953
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,762,468
Income (IRS master file)
$4,562,862

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,692,963$2,959,095$11,762,468XML
990December 2023$3,277,890$2,686,873$11,658,080XML
990December 2022$2,639,375$2,328,338$10,037,619IRS
990December 2021–––IRS
990December 2020–––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 23-7002953).

Questions about WESTLAKE LAKE MANAGEMENT ASSOCIATION

What is the EIN of WESTLAKE LAKE MANAGEMENT ASSOCIATION?
The employer identification number (EIN) of WESTLAKE LAKE MANAGEMENT ASSOCIATION is 23-7002953.
Is WESTLAKE LAKE MANAGEMENT ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1977.
Are donations to WESTLAKE LAKE MANAGEMENT ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WESTLAKE LAKE MANAGEMENT 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 LAKE MANAGEMENT ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WESTLAKE LAKE MANAGEMENT ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WESTLAKE LAKE MANAGEMENT ASSOCIATION?
The 990 for the year ended December 31, 2024 names CHIP LIGHTFOOT.
Who are the officers and directors of WESTLAKE LAKE MANAGEMENT ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 35 people; 1 received compensation from the organization, the highest $153,524 (NICOLAS SMITH, LAKE OPS. MGR.).
How much revenue does WESTLAKE LAKE MANAGEMENT ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,692,963, expenses of $2,959,095 and total assets of $11,762,468 at year end.

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