Homesecure Warrenty Plan Llc
- Assets
- $255.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, TX
- Founding
- 06/2005
- Data as of
- 12/2020
- EIN
- 03-0406815
Organization Overview
Homesecure Warrenty Plan Llc is located in Richmond, TX. The organization was established in 2005. According to its NTEE Classification (Y23) the organization is classified as: Mutual Insurance Companies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homesecure Warrenty Plan Llc is a 501(c)(15) and as such, is described as a "Mutual Insurance Company or Association" by the IRS.
For the year ending 12/2020, Homesecure Warrenty Plan Llc generated $32.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $7.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (25.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
ISSUANCE OF EXTENDED WARRANTY CONTRACTS
ISSUANCE OF EXTENDED WARRANTY CONTRACTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott E Lease President | 2 | $0 | |
James L Garrett Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $32,377 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,377 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $111 |
| Other expenses | $7,411 |
| Total expenses | $7,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $255,000 |
| Other assets | $0 |
| Total assets | $255,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $255,000 |
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