Cinco Residential Property Assn Inc

Organization Overview

Cinco Residential Property Assn Inc is located in Katy, TX. The organization was established in 2008. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cinco Residential Property Assn Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Cinco Residential Property Assn Inc generated $11.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $9.9m during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LAW ENFORCEMENT, MAINTAIN PARK AND RECREATIONAL AREAS, SWIMMING POOLS AND TENNIS COURTS, PROVIDE STREET LIGHTS - BENEFITS THE ENTIRE COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTAIN COMMON AREAS, ESPLANADES, REC/PARK AREAS, SWIMMING POOLS, TENNIS COURTS, BASEBALL AND SOCCER FIELDS, PROVIDE STREET LIGHTS AND LAW ENFORCEMENT - ALL BENEFITING THE ENTIRE COMMUNITY


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Board, Officers & Key Employees

Name (title)Compensation
David Cobb
President
$0
Bruce Thomas
Treasurer
$0
Jenny Schnaidt
Secretary
$0
Bill Bexley
Vice President
$0
Janie Dale
Director At Large
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Native Land Design
Landscape Services
$1,824,024
A-beautiful Pools
Pool Management
$726,812
Principal Management Group
Association Management
$877,312
Coach's Construction Llc
Repairs And Maintenance
$688,236
Yellowstone Landscape
Landscape Maintenance Services
$299,889
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$10,739,082
Investment income $215,447
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,954,529

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