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Filing year 2024

FAYSON LAKES ASSOCIATION

Kinnelon, New Jersey·EIN 22-1468840·7
Total revenue
$583k
Total assets
$1.4M
Total expenses
$455k
Reported officers
11
Mission

PROVIDE WATER AND BEACH RECREATION TO LAKE COMMUNITY

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Business Manager
Key Employee
10th to 25th percentile
$20k
$21k
Maintenance
Key Employee
Below 10th percentile
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Down 14%
from 2023

From $23k in 2023 to $20k in 2024.

$23k
2023
$20k
2024
In today's dollarsEst.
Down 17% in real terms$26k to $21k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay fell 14% from 2023 to 2024, while revenue rose 4%.

$23k in 2023 to $20k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FAYSON LAKES ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$558k
$428k
2023
$583k
$455k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FAYSON LAKES ASSOCIATION

What does the Key Employee of FAYSON LAKES ASSOCIATION earn?

In 2024, the Key Employee of FAYSON LAKES ASSOCIATION received $19,806 in total compensation. This pay is in the bottom quarter for Key Employee roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at FAYSON LAKES ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at FAYSON LAKES ASSOCIATION falls between the 10th and 25th percentiles.

What are FAYSON LAKES ASSOCIATION's revenue and expenses?

In 2024, FAYSON LAKES ASSOCIATION reported $583k in total revenue and $455k in total expenses on its IRS Form 990.

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