Lake Monticello Owners Association logo

Lake Monticello Owners Association

501(c)(4) organization Lake Monticello, VA EIN: 54-0897858 Website

To manage and serve the lake monticello community; including providing security,recreational facilities, roads, and common area maintenance

Lake Monticello Owners Association at a glance

In short: Lake Monticello Owners Association gave $50K across 1 grant in 2024 (avg $50K), mostly in Virginia. Source: 2024 IRS Form 990.

Annual giving (2024)
$50,000
Grants made (2024)
1
Average grant
$50,000
Median grant
$50,000
Total assets
$30,039,043
+6.9% vs 2023
Primary geography
Virginia (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Lake Monticello Owners Association funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Lake Monticello Vol Fire Dept: $50KLake Monticello Vol Fire Dept$50K

The largest 2024 recipient was Lake Monticello Vol Fire Dept ($50K).

Grant Size Distribution

1 grant across all recorded years

<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Palmyra

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024

In 2024 it made 1 grant totaling $50K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Lake Monticello Vol Fire Dept Palmyra, VAFundraiser$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$30,039,043$9,303,648$8,665,084$50,0001$324,328
2023$28,112,159$9,583,315$9,372,317——$133,066
2022$27,282,606$9,392,459$9,540,315——$82,924
2021$27,325,227$9,680,580$9,660,998——$85,136
2020$29,469,469$8,070,750$7,483,671——$72,574

About Lake Monticello Owners Association

Based on IRS filings

Lake Monticello Owners Association is a public charity, based in Lake Monticello, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30.0M in total assets. In 2024, it awarded 1 grant totaling $50K. Net investment income was $324K.

Leadership & Key People

Officers and directors from IRS filings

Lake Monticello Owners Association is led by Larry Henson, President on every filing since 2021; 1 of 8 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Larry Henson

    President

    On filings since 2021

    4 hrs/week

    No compensation reported

  • Michael Kelly

    Director

    Treasurer → Director, 2024

    On filings since 2023

    4 hrs/week

    No compensation reported

  • Kate Schoenster

    Director

    New on the 2024 filing

    4 hrs/week

    No compensation reported

  • Nicholas Canada

    Director

    New on the 2024 filing

    4 hrs/week

    No compensation reported

  • Tom Schauder

    General Mana

    On filings since 2022

    40 hrs/week

    $119K (2022) → $147K (2024)

  • Gary Sellick

    Vice President

    Secretary → Vice President, 2022

    On filings since 2021

    4 hrs/week

    No compensation reported

  • Jennifer Richardson

    Secretary

    New on the 2024 filing

    4 hrs/week

    No compensation reported

  • Scott Murdoch

    Treasurer

    New on the 2024 filing

    4 hrs/week

    No compensation reported

Former officers (16)
  • Former: John Williamson (2020–2023) — Secretary
  • Former: Jeff Spinello (2021–2023) — Director
  • Former: Don Polonis (2022–2023) — Director
  • Former: Bradley Braut (2023) — Director
  • Former: Michael Warner (2023) — Finance Director
  • Former: Jay Hinkle (2020–2022) — Treasurer
  • Former: Debra Kurre (2022) — Director
  • Former: Johnny Williamson (2022) — Secretary
  • Former: Steve Hurwitz (2020–2021) — General Mana
  • Former: Judy Fish (2021) — Vice President
  • Former: Nicole Hawker (2021) — Director
  • Former: Bing Spitler (2020) — Secretary
  • Former: Jim Gerling (2020) — Director
  • Former: Mike Harrison (2020) — Treasurer
  • Former: Richard Barringer (2020) — President
  • Former: Thomas Braithwaite (2020) — Vice President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Tom Schauder — General Mana: $147KTom SchauderGeneral Mana$147K

The highest reported compensation on the 2024 filing was $147K, to Tom Schauder (General Mana).

Frequently asked questions about Lake Monticello Owners Association

How much does Lake Monticello Owners Association give each year?

Lake Monticello Owners Association gave $50K across 1 grant in 2024, according to its 2024 IRS Form 990.

How large is Lake Monticello Owners Association?

Lake Monticello Owners Association reported $30.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $9.3M.

Where does Lake Monticello Owners Association operate?

Lake Monticello Owners Association has awarded grants in Virginia.

What is Lake Monticello Owners Association's EIN?

Lake Monticello Owners Association's EIN (Employer Identification Number) is 54-0897858. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Lake Monticello Owners Association's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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