LAKE WINNEBAGO HOME OWNERS ASSOCIATION

EIN: 430890430

LAKE WINNEBAGO, MO

Total Revenue
$1,835,914
Total Expenses
$1,268,886
Total Assets
$6,475,644
Net Assets
$6,303,704
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
MO
Principal Officer
MARK TATUM
Phone
8165377273
Tax Period
2023-01-01 to 2023-12-31

LAKE WINNEBAGO HOME OWNERS ASSOCIATION, founded in 1964, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. The organization ran a surplus of $567K, a strong 31% operating margin.

Mission

THE ORGANIZATION WAS FORMED JULY 9, 1964, REORGANIZED IN THE EARLY 1970S, AND HAS SINCE BEEN CONTROLLED AND OPERATED BY THE RESIDENTS OF THEN THE SUBDIVISION OF LAKE WINNEBAGO, CASS COUNTY, MISSOURI. IT IS ORGANIZED TO PROVIDE BENEFICIAL AMENITIES FOR THE RESIDENTS OF THAT SUBDIVISION INCLUDING COMMON AND GREEN AREAS FOR RECREATION, LAKE VIEWING, COMMUNITY DOCKS, BEACHES, BOAT LAUNCHING, STORAGE FACILITIES, PARKS, BARNS & STABLES, HORSE TRAILS, BOAT RAMPS, PIERS, TENNIS COURTS, BASKETBALL COURTS, ATHLETIC FIELDS, PLAYGROUNDS AND SUCH OTHER PROPERTY AS MAY FROM TIME TO TIME BE DESIGNATED AS COMMON AREAS FOR THE BENEFIT OF OUR MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $955,522
Program Service Revenue $380,746
Investment Income $464,372
Other Revenue $35,274
TOTAL REVENUE $1,835,914

Expense Breakdown

Grants Paid $0
Salaries & Benefits $356,075
Fundraising Expenses $0
Program Expenses $958,033
Other Expenses $912,811
TOTAL EXPENSES $1,268,886

Year-over-Year Comparison

2023 2022 Change
Revenue $1,835,914 $1,736,753 +0.1%
Expenses $1,268,886 $1,026,287 +0.2%
Net Income $567,028 $710,466 -0.2%
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
9
Independent Members
9
Employees
20
Volunteers
9

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK TATUM BOARD PRESIDENT 10.00
Officer Director
$0 $0 $0
MARK MEINDERS BOARD VICE-PRESIDENT 5.00
Director
$0 $0 $0
SCOTT MAJERCIK BOARD TREASURER 5.00
Officer Director
$0 $0 $0
JENNIFER HARGIS BOARD SECRETARY 5.00
Director
$0 $0 $0
GREG WOZNIAK DIRECTOR 5.00
Director
$0 $0 $0
STEVE KIRKPATRICK DIRECTOR 5.00
Director
$0 $0 $0
TODD WOOD DIRECTOR 5.00
Director
$0 $0 $0
KEN FOLEY DIRECTOR 5.00
Director
$0 $0 $0
WILL BUCHHOLZ DIRECTOR 5.00
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
2024 No data No data No data No data
2023 $1,835,914 $1,268,886 $6,475,644 $567,028
2022 $1,736,753 $1,026,287 $7,807,133 $710,466
2021 $1,164,558 $1,104,032 $7,105,548 $60,526
2020 $1,287,927 $1,058,058 $7,036,141 $229,869
2019 $1,138,230 $985,318 $6,684,271 $152,912
2018 $2,500,683 $796,510 $6,537,701 $1,704,173
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