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Filing year 2024

WESTLAKE LAKE MANAGEMENT ASSOCIATION

Westlake Village, California·EIN 23-7002953·4
Total revenue
$3.7M
Total assets
$11.8M
Total expenses
$3M
Reported officers
35
Mission

MISSION IS TO MANAGE AND MAINTAIN THE LAKE AND ENVIRONMENT

Executive compensation, broken down

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

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

Lake Ops. Mgr.
Highest Compensated Employee
25th percentile to median
$154k
$163k
Base
$154k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

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

Plus 34 unpaid individuals.

Up 2%
from 2023

From $150k in 2023 to $154k in 2024.

$150k
2023
$154k
2024
In today's dollarsEst.
Roughly flat in real terms$164k to $163k

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

Pay for the position

Highest Compensated Employee pay rose 2% from 2023 to 2024, while revenue rose 13%.

$150k in 2023 to $154k 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

WESTLAKE LAKE MANAGEMENT ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.3M
$2.7M
2023
$3.7M
$3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WESTLAKE LAKE MANAGEMENT ASSOCIATION

What does the Highest Compensated Employee of WESTLAKE LAKE MANAGEMENT ASSOCIATION earn?

In 2024, the Highest Compensated Employee of WESTLAKE LAKE MANAGEMENT ASSOCIATION received $153,524 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at WESTLAKE LAKE MANAGEMENT ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at WESTLAKE LAKE MANAGEMENT ASSOCIATION falls between the 25th percentile and the median.

What are WESTLAKE LAKE MANAGEMENT ASSOCIATION's revenue and expenses?

In 2024, WESTLAKE LAKE MANAGEMENT ASSOCIATION reported $3.7M in total revenue and $3M in total expenses on its IRS Form 990.

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