NonprofitsLake Monticello Owners Association

Lake Monticello Owners Association

PALMYRA, VA

Total revenue

$9.3M

Total expenses

$8.7M

Net assets

$22.1M

Grants received

EIN

540897858

Tax year

2024

Mission

To manage and serve the lake monticello community; including providing security,recreational facilities, roads, and common area maintenance

Programs

3 programs

Maintenance of golf course for the community

Expenses: $1.1M

Permits gate access to facilities of the community

Expenses: $274K

Providing recreational amenities for the community; including a pool, marina, and tennis facilities.

Expenses: $342KGrants: $50K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$8.7M
Investment income$324K
Other revenue$279K
Total revenue$9.3M

Expenses

Grants paid$50K
Salaries & benefits$2.5M
Fundraising
Other expenses$6.1M
Total expenses$8.7M
Total assets$30.0M
Net assets$22.1M

People

8 listed

NameRoleCompensation

TOM SCHAUDER

GENERAL MANA

Board

$147K

40 hrs/wk

NICHOLAS CANADA

DIRECTOR

Board

4 hrs/wk

LARRY HENSON

PRESIDENT

Board

4 hrs/wk

MICHAEL KELLY

DIRECTOR

Board

4 hrs/wk

SCOTT MURDOCH

TREASURER

Board

4 hrs/wk

JENNIFER RICHARDSON

SECRETARY

Board

4 hrs/wk

KATE SCHOENSTER

DIRECTOR

Board

4 hrs/wk

GARY SELLICK

VICE PRESIDE

Board

4 hrs/wk

Independent contractors

UNIVERSAL PROTECTION SERVICE LP

SECURITY

$535K

Details

EIN540897858
Subsection04
Ruling date1977-03
Formed1971
Employees56
Volunteers100
LAKE MONTICELLO OWNERS ASSOCIATION — Mission, Financials & Grants Received | Grantivo