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Filing year 2024

LAKE ARROWHEAD COMMUNITY INC

North Waterboro, Maine·EIN 01-0341134·4
Total revenue
$2.4M
Total assets
$3.9M
Total expenses
$2.2M
Reported officers
10
Mission

THE COMMUNITY'S MISSION IS TO PROMOTE AND FOSTER RECREATIONAL, ATHLETIC, AND OTHER ACTIVITIES FOR MEMBERS AND THEIR FAMILIES; TO MANAGE, MAINTAIN, PROTECT, AND PRESERVE THE COMMUNITY AND ITS PROPERTIES AND FACILITIES; AND TO OPERATE AND MAINTAIN, OR PROVIDE FOR THE OPERATION AND MAINTENANCE OF, ANY COMMON AREAS OR FACILITIES HELD BY THE COMMUNITY FOR THE BENEFIT OF ITS MEMBERS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Dir of Finance & Admin
officer (unspecified)
$89k
$96k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 8%
from 2023

From $83k in 2023 to $89k in 2024.

$83k
2023
$89k
2024
In today's dollarsEst.
Up 4% in real terms$92k to $96k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

LAKE ARROWHEAD COMMUNITY INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.3M
$1.9M
2023
$2.4M
$2.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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