Small Public Charity

Andover Lake Management Association Inc

Based in Andover, CT, Andover Lake Management Association Inc operates as a Small Public Charity. The organization reported $45K in revenue, $53K in expenses, $326K in total assets for fiscal year 2024.

EIN: 061233060 Andover, CT Homeowners & Tenants Associations NTEE: L50 Latest filing: 2024
Total Revenue$45K
Total Expenses$53K
Total Assets$326K
Grant Records0
Filing Years2020–2024

Mission

Andover Lake Management Association is a non-profit civic and environmental organization whose principal function is that of a landholder which includes exclusive ownership of the lake bottom of Andover Lake among other parcels of real estate in the Township of Andover, Connecticut. In order to protect its property ownership in such land and its value, ALMA also undertakes as a mission the conservation and preservation of the condition of Andover Lake, its beach and surrounding areas and the dissemination of scientific information regarding the health of the lake to the community. Such environmental conservation, preservation and dissemination of scientific information regarding the lakes health promotes the social welfare and common good of the community.

Officers & Directors

Director James Cole
Vice President Jeff Hays
Secretary Kevin Regan
President Linda Derick
Treasurer Steven Nelson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $45K $53K $326K
2023 $69K $56K $334K
2022 $64K $52K $321K
2021 $44K $45K $309K
2020 $49K $51K $309K

Between 2020 and 2024, reported annual revenue declined from $49K to $45K (-8%), with total assets most recently reported at $326K.

Interactive year-over-year charts and full filing details available with membership.

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