THE PURPOSE OF THE LAKE PANORAMA ASSOCIATION SHALL BE:1. TO PROVIDE A MEANS WHEREBY THE STREETS AND THOSE AREAS WITHIN THE PROJECT DESIGNATED AS PARKS OR PEDESTRIAN EASEMENTS ON THE PLATS THEREOF AND SUCH OTHER RECREATIONAL FACILITIES (SEE SCH O.)WITHIN THE PROJECT AS MAY BE CONVEYED TO THE ASSOCIATION MAY BE OPERATED, MAINTAINED, REPAIRED, AND REPLACED.2. TO PROVIDE A MEANS FOR THE PROMULGATION AND ENFORCEMENT OF ALL REGULATIONS NECESSARY TO THE GOVERNING OF THE USE AND ENJOYMENT OF SUCH STREETS, PARKS, PEDESTRIAN EASEMENTS, AND SUCH OTHER RECREATIONAL FACILITIES WITHIN THE PROJECT AS MAY BE CONVEYED TO THE ASSOCIATION.3. TO WORK WITH GOVERNMENT AGENCIES TO PROMOTE EFFICIENT FIRE PROTECTION, POLICE PROTECTION, UTILITY REGULATION, POLLUTION CONTROL AND WATER CONSERVATION.4. TO PROVIDE FOR THE ACQUISITION AND MANAGEMENT OF REAL ESTATE AND PERSONAL PROPERTY FOR THE MUTUAL BENEFIT OF THE MEMBERS OF THE LAKE PANORAMA SUBDIVISION.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $197k
- Bonus
- —
- Other
- —
- Benefits
- $30k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager - Lpa General Manager Median to 75th percentile | $197k | — | — | $30k | $227k $244k |
Lpa-controller Officer (Unspecified) | — | — | — | — | $112k $120k |
General Manager-lpn Officer (Unspecified) | — | — | — | — | $101k $109k |
Lpn-controller Officer (Unspecified) | — | — | — | — | $85k $91k |
President Below 10th percentile | — | — | — | — | $3k $3k |
Secretary Officer (Unspecified) | — | — | — | — | $2k $2k |
Vice President 10th to 25th percentile | — | — | — | — | $2k $2k |
Director Board Member 10th to 25th percentile | — | — | — | — | $1k $2k |
Treasurer Officer (Unspecified) | — | — | — | — | $1k $1k |
Director Board Member Below 10th percentile | — | — | — | — | $800 $861 |
Director Board Member Below 10th percentile | — | — | — | — | $800 $861 |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 5%
from 2023
From $216k in 2023 to $227k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
General Manager pay rose 5% from 2023 to 2024, while revenue rose 3%.
- Chief Executive Officer pay fell 3% from 2023 to 2024.
- Board Member pay fell 44% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
LAKE PANORAMA ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about LAKE PANORAMA ASSOCIATION
What does the General Manager of LAKE PANORAMA ASSOCIATION earn?
In 2024, the General Manager of LAKE PANORAMA ASSOCIATION received $227,004 in total compensation. This pay is above the median (the midpoint) for General Manager roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does General Manager pay at LAKE PANORAMA ASSOCIATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at LAKE PANORAMA ASSOCIATION falls between the median and the 75th percentile.
What are LAKE PANORAMA ASSOCIATION's revenue and expenses?
In 2024, LAKE PANORAMA ASSOCIATION reported $6.9M in total revenue and $7.1M in total expenses on its IRS Form 990.
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