ERSKINE LAKES PROPERTY OWNERS ASSOCIATION

EIN: 221522819

RINGWOOD, NJ

Total Revenue
$915,693
Total Expenses
$890,952
Total Assets
$2,027,435
Net Assets
$1,200,716
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1931
Legal Domicile
NJ
Principal Officer
THOMAS LAW
Phone
9739626407
Tax Period
2025-01-01 to 2025-12-31

ERSKINE LAKES PROPERTY OWNERS ASSOCIATION, founded in 1931, is a small nonprofit that reported $916K in total revenue in fiscal year 2025.

Mission

THE ORGANIZATION IS RESPONSIBLE FOR THE CARE AND MAINTENANCE OF THE COMMON AREAS AND PROPERTIES, WHICH INCLUDE TWO DAMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $557,598
Program Service Revenue $235,336
Investment Income $11,470
Other Revenue $111,289
TOTAL REVENUE $915,693

Expense Breakdown

Grants Paid $0
Salaries & Benefits $228,594
Fundraising Expenses $0
Other Expenses $662,358
TOTAL EXPENSES $890,952

Year-over-Year Comparison

2025 2024 Change
Revenue $915,693 $883,466 +0.0%
Expenses $890,952 $875,497 +0.0%
Net Income $24,741 $7,969 +2.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
105
Volunteers
180

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELSA ANZANO DIRECTOR 5.00
Director
$0 $0 $0
CHRIS DEDEYN DIRECTOR 5.00
Director
$0 $0 $0
JAMES FERRONE DIRECTOR 5.00
Director
$0 $0 $0
BRUCE HETZEL DIRECTOR 5.00
Director
$0 $0 $0
JEFF KEARNS DIRECTOR 5.00
Director
$0 $0 $0
BOB KREUTZ DIRECTOR 5.00
Director
$0 $0 $0
ERIN RANFT DIRECTOR 5.00
Director
$0 $0 $0
KATHY RANFT DIRECTOR 5.00
Director
$0 $0 $0
COLLEEN SPENCE DIRECTOR 5.00
Director
$0 $0 $0
JANET SPIRKO DIRECTOR 5.00
Director
$0 $0 $0
TOM SULLIVAN DIRECTOR 5.00
Director
$0 $0 $0
CINDY VAN ALLEN DIRECTOR 5.00
Director
$0 $0 $0
TIM VAN ALLEN DIRECTOR 5.00
Director
$0 $0 $0
ANDREW VAN ORDEN DIRECTOR 5.00
Director
$0 $0 $0
PAUL SULLIVAN TRUSTEE 5.00
Director
$0 $0 $0
PETER KELLY TRUSTEE 5.00
Director
$0 $0 $0
JOE DESPIRITO TRUSTEE 5.00
Director
$0 $0 $0
RICH RANFT TRUSTEE 5.00
Director
$0 $0 $0
KEN SPIRKO TRUSTEE 5.00
Director
$0 $0 $0
JOSEPH AMODEO TRUSTEE 5.00
Director
$0 $0 $0
CHARLIE DEDEYN TRUSTEE 5.00
Director
$0 $0 $0
CHRIS MEAKEM TRUSTEE 5.00
Director
$0 $0 $0
ANTHONY CATALIOTO TRUSTEE 5.00
Director
$0 $0 $0
LUIS HERNANDEZ TRUSTEE 5.00
Director
$0 $0 $0
SUSAN HAWLEY TRUSTEE 5.00
Director
$0 $0 $0
KEITH DAVIDSON TRUSTEE 5.00
Director
$0 $0 $0
PETER J KELLY TRUSTEE 5.00
Director
$0 $0 $0
MELINDA LEONE DIRECTOR 5.00
Director
$0 $0 $0
STEVE TUTTLE DIRECTOR 5.00
Director
$0 $0 $0
GARY WOGISCH DIRECTOR 5.00
Director
$0 $0 $0
JJ DESPIRITO TRUSTEE 5.00
Director
$0 $0 $0
THOMAS LAW PRESIDENT 25.00
Officer
$0 $0 $0
KEVIN KEARNS VICE PRESIDENT 10.00
Officer
$0 $0 $0
KIMBERLY LINK TREASURER 15.00
Officer
$0 $0 $0
DONNA KIRBY SECRETARY 20.00
Officer
$0 $0 $0
TONY TORCHIA CONTROLLER 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $915,693 $890,952 $2,027,435 $24,741
2024 No data No data No data No data
2023 $829,641 $819,841 $2,146,911 $9,800
2022 $919,514 $788,689 $2,285,574 $130,825
2021 $893,465 $739,994 $2,148,089 $153,471
2020 $625,584 $632,795 $2,067,802 $-7,211
2019 $651,508 $566,936 $1,629,497 $84,572
2018 $569,985 $527,898 $1,247,395 $42,087
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