Southway Homeowners Assn Inc
- Assets
- $231.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Katy, TX
- Founding
- Data as of
- 12/2022
- EIN
- 03-0508650
Organization Overview
Southway Homeowners Assn Inc is located in Katy, TX. Southway Homeowners 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 12/2022, Southway Homeowners Assn Inc generated $189.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $175.8k during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES SERVICES TO THE COMMUNITY AT LARGE MUCH LIKE A QUASI GOVERNMENTAL UNIT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrian Diaz President | 2 | $0 | |
Veronica Cantu Secretary | 2 | $0 | |
Ziggy Ruiz Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $160,754 |
| Investment income | $121 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $28,916 |
| Total Revenue | $189,791 |
| 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 | $152,177 |
| Occupancy, rent, utilities, and maintenance | $7,336 |
| Printing, publications, postage, and shipping | $7,222 |
| Other expenses | $9,031 |
| Total expenses | $175,766 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $230,993 |
| Other assets | $0 |
| Total assets | $230,993 |
| Total liabilities | $59,833 |
| Net assets or fund balances | $171,160 |
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