Skip to main content

Nonprofit · EIN 23-7226267

LAKE LAND OR PROPERTY OWNERS ASSOC

Tax-exempt · RUTHER GLEN, VA 22546

Financials

$2.7M$2.4M2022$2.9M$2.5M2023$3.5M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of LAKE LAND OR PROPERTY OWNERS ASSOC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$3,451,358$2,733,585$717,773$10,200,641$1,453,662$8,746,979
March 31, 2024990$2,916,025$2,498,845$417,180$9,079,174$1,049,966$8,029,208
March 31, 2023990$2,691,920$2,417,728$274,192$8,632,494$1,020,466$7,612,028
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,339,687
Investment income
$3,379
Other revenue
$108,292

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$596,223
Salaries, compensation and benefits (total)
$766,349
Professional fundraising fees
$0
Legal fees
$17,064
Accounting fees
$12,051
Depreciation
$634,025
Program services (functional)
$2,261,441
Management and general (functional)
$472,144

Balance sheet and other

Total assets, start of year
$9,079,173
Total assets, end of year
$10,200,641
Total liabilities, end of year
$1,453,662
Net assets, end of year
$8,746,979
Land, buildings and equipment
$6,045,760
Gross receipts
$3,451,358
Employees
30
Volunteers
6
Year formed
1972
State of legal domicile
VA

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL CARRDIRECTOR
Trustee or director
–$0
GLENN GRAHAMTREASURER
Trustee or director, Officer
–$0
VICKY GRIERSECRETARY
Trustee or director, Officer
–$0
MICHAEL MAJERCINVICE PRESIDE
Trustee or director, Officer
–$0
MICHELLE MOOREPRESIDENT
Trustee or director, Officer
–$0
CURTIS SHIPEDIRECTOR
Trustee or director
–$0
TED STARKDIRECTOR
Trustee or director
–$0
990 for the year ended March 31, 2024: 6 people
NameTitleHours / weekCompensation
GLENN GRAHAMTREASURER
Trustee or director, Officer
3$0
RANEL JOHNSONSECRETARY
Trustee or director, Officer
2$0
CHRISTINE LOMAXDIRECTOR
Trustee or director
1$0
MICHAEL MAJERCINVICE PRESIDE
Trustee or director, Officer
5$0
MICHELLE MOOREPRESIDENT
Trustee or director, Officer
5$0
TED STARKDIRECTOR
Trustee or director
1$0
990 for the year ended March 31, 2023: 6 people
NameTitleHours / weekCompensation
MICHAEL MAJERCINPRESIDENT
Trustee or director, Officer
5$0
TED STARKTREASURER
Trustee or director, Officer
3$0
VICKY GRIERSECRETARY
Trustee or director, Officer
2$0
MICHELLE MOOREDIRECTOR
Trustee or director
1$0
WILLIAM HINTONDIRECTOR
Trustee or director
1$0
BEVERLY COPELANDDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
555 WELSH DR, RUTHER GLEN, VA 22546-1172
Principal officer (990 for 2024)
MICHAEL MAJERCIN, 555 WELSH DRIVE, RUTHER GLEN, VA 22546
Signed the 990
MICHAEL MAJERCIN, VICE PRESIDENT
Phone
(804) 448-3990
Return prepared by
OAKES PC

Mission

TO MAINTAIN AND UPKEEP THE PROPERTY AND THE RELATED MAINTENANCE EQUIPMENT OF THE HOMEOWNERS LOCARED WITHIN LAKE LAND-OR DEVELOPMENT AND TO PROVIDE FOR THE SECURITY AND RECREATIONAL ACTIVITIES OF THOSE HOMEOWNERS.

990 for the year ended March 31, 2025

Program accomplishments

  • TO MAINTAIN, REPAIR AND REPLACE COMMON AREA PROPERTY OWNED BY THE ASSOCIATION FOR THE BENEFIT OF MEMBERS AND HOME OWNERS WITHIN THE COMMUNITY AND TO PROVIDE FOR THEIR SECURITY AND RECREATIONAL ACTVITIES.
    Expenses $2,261,441

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

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
23-7226267
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1973
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,200,641
Income (IRS master file)
$3,451,358

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$3,451,358$2,733,585$10,200,641XML
990March 2024$2,916,025$2,498,845$9,079,174XML
990March 2023$2,691,920$2,417,728$8,632,494XML
990March 2022$2,764,342$2,165,696$8,310,985IRS
990March 2021–––IRS
990March 2019–––IRS
990March 2018–––IRS
990March 2017–––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 23-7226267).

Questions about LAKE LAND OR PROPERTY OWNERS ASSOC

What is the EIN of LAKE LAND OR PROPERTY OWNERS ASSOC?
The employer identification number (EIN) of LAKE LAND OR PROPERTY OWNERS ASSOC is 23-7226267.
Is LAKE LAND OR PROPERTY OWNERS ASSOC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1973.
Are donations to LAKE LAND OR PROPERTY OWNERS ASSOC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAKE LAND OR PROPERTY OWNERS ASSOC 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 LAKE LAND OR PROPERTY OWNERS ASSOC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKE LAND OR PROPERTY OWNERS ASSOC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of LAKE LAND OR PROPERTY OWNERS ASSOC?
The 990 for the year ended March 31, 2025 names MICHAEL MAJERCIN.
Who are the officers and directors of LAKE LAND OR PROPERTY OWNERS ASSOC?
The 990 for the year ended March 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does LAKE LAND OR PROPERTY OWNERS ASSOC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $3,451,358, expenses of $2,733,585 and total assets of $10,200,641 at year end.

Other nonprofits in RUTHER GLEN

All nonprofits in RUTHER GLEN · Virginia