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Filing year 2023

LAKE PARSIPPANY PROPERTY OWNERS ASSOCIATION INC

Parsippany, New Jersey·EIN 22-1054157·NTEE S22 · Community Improvement & Capacity Building·4
Total revenue
$446k
Total assets
$648k
Total expenses
$501k
Reported officers
15
Mission

CONSISTENT WITH THE PAST, WE CONTINUE TO PROVIDE RECREATION ACTIVITIES TO OUR MEMEMBERS SUCH AS SWIMMING, FISHING, BOATING AND OTHER INTRAMURAL SPORTS. AS WE ARE A LAKE COMMUNITY SITUATION IN NEW JERSEY, OUR LOCAL CLIMATE GREATLY IMPACTS THE USE OF OUR LAKE BY OUR MEMBERS WITH THE SUMMER SEASON BEING THE PERIOD OF GREATEST USAGE. A SMALL PORTION OF THE REVENUE IS DERIVED FROM THE RENTAL OF OUR OWNED CLUBHOUSE WHERE MEMEBERS AND NON-MEMBERS MAY RENT THE FACILITY TO HOST A PRIVATE EVENT (E.G. BIRTHDAY, GRADUATION, ETC...)

Reported officers (all unpaid)

No paid executives reported in 2023. LAKE PARSIPPANY PROPERTY OWNERS ASSOCIATION INC reported 15 unpaid officers and board members on its 990.

President
Secretary
Representative
Vice President
Secretary
Treasurer
District Repres
District Repres
District Repres
Representative
Representative
Representative
Representative
Representative
Representative
Sector benchmark

What Community Improvement & Capacity Building executives earn in New Jersey

LAKE PARSIPPANY PROPERTY OWNERS ASSOCIATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in New Jersey earns a median of $84,904.

25th percentile
$32k
Median
$84,904
75th percentile
$162k
90th percentile
$295k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 217 organizations across 217 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for New Jersey
FAQ

Common questions about LAKE PARSIPPANY PROPERTY OWNERS ASSOCIATION INC

What are LAKE PARSIPPANY PROPERTY OWNERS ASSOCIATION INC's revenue and expenses?

In 2023, LAKE PARSIPPANY PROPERTY OWNERS ASSOCIATION INC reported $446k in total revenue and $501k in total expenses on its IRS Form 990.

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