LAKE LAND-OR PROPERTY OWNERS ASSOC

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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

1972

Legal Domicile

Principal Officer

MICHAEL MAJERCIN

Phone

8044483990

Tax Period

2024-04-01 to 2025-03-31

LAKE LAND-OR PROPERTY OWNERS ASSOC, founded in 1972, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $718K, a strong 21% operating margin.

Mission

TO MAINTAIN AND UPKEEP THE PROPERTY AND THE RELATED MAINTENANCE EQUIPMENT OF THE HOMEOWNERS LOCARED WITHIN LAKE LAND-OR DEVELOPMENT AND TO PROVIDE FOR THE SECURITY AND RECREATIONAL ACTIVITIES OF THOSE HOMEOWNERS.

Program Service Accomplishments

Program 1

Expenses: $2,261,441

TO MAINTAIN, REPAIR AND REPLACE COMMON AREA PROPERTY OWNED BY THE ASSOCIATION FOR THE BENEFIT OF MEMBERS AND HOME OWNERS WITHIN THE COMMUNITY AND TO PROVIDE FOR THEIR SECURITY AND RECREATIONAL...

TO MAINTAIN, REPAIR AND REPLACE COMMON AREA PROPERTY OWNED BY THE ASSOCIATION FOR THE BENEFIT OF MEMBERS AND HOME OWNERS WITHIN THE COMMUNITY AND TO PROVIDE FOR THEIR SECURITY AND RECREATIONAL ACTVITIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,339,687

Investment Income $3,379

Other Revenue $108,292

TOTAL REVENUE $3,451,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $766,349

Fundraising Expenses $0

Program Expenses $2,261,441

Other Expenses $1,967,236

TOTAL EXPENSES $2,733,585

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,451,358	$2,916,025	+0.2%
Expenses	$2,733,585	$2,498,845	+0.1%
Net Income	$717,773	$417,180	+0.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL CARR	DIRECTOR	N/A	Director	$0	$0	$0
GLENN GRAHAM	TREASURER	N/A	Officer Director	$0	$0	$0
VICKY GRIER	SECRETARY	N/A	Officer Director	$0	$0	$0
MICHAEL MAJERCIN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MICHELLE MOORE	PRESIDENT	N/A	Officer Director	$0	$0	$0
CURTIS SHIPE	DIRECTOR	N/A	Director	$0	$0	$0
TED STARK	DIRECTOR	N/A	Director	$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	$3,451,358	$2,733,585	$10,200,641	$717,773
2024	$2,916,025	$2,498,845	$9,079,174	$417,180
2023	$2,691,920	$2,417,728	$8,632,494	$274,192
2022	$2,764,342	$2,165,696	$8,310,985	$598,646
2021	$2,497,495	$2,093,887	$7,925,555	$403,608
2020	$2,665,131	$2,057,250	$7,038,885	$607,881
2019	$2,566,606	$2,203,760	$6,463,386	$362,846
2018	$2,522,388	$2,337,555	$6,211,640	$184,833
2017	$2,403,858	$1,798,805	$5,448,932	$605,053