Simonton Lake Area Homeowners Association Inc
Nonprofit profile at a glance
- EIN
- 262923842
- IRS 990-EZ coverage
- 2018–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2025
- Location
- Elkhart, IN, USA
- Rating confidence
- Limited
- Sector
- Environmental Education and Outdoor Survival Programs
Reported finances
- Revenue
- $40,167
- Expenses
- $31,899
- Assets
- $172,814
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DOUG REESE (PRESIDENT)
People named in this filing
- DOUG REESE (PRESIDENT)
- JACK TUCKER (VICE PRESIDE)
- SUSAN BRODERICK (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to foster the safety and quality of life in our neighborhood. We strive to protect the value of our homes, the wildlife and the environment surrounding our lake, support local and state law enforcement for the safety of our families and lake visitors, and encourage active involvement in the northern elkhart, Indiana area growth and development. Committees focus on communication, safety the environment and membership.
What it reported doing in 2025
Provided & placed lake buoys around the lake to ease boat navigation.
Operating model
- Revenue model
- Other-operating. 90% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 20.6%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 5.42; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -26.1% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: -18.7% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: 0.6% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 8 filing years from 2018 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.