Westmont Maintenance Association Inc
- Assets
- $195.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Keller, TX
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 05-0550381
Organization Overview
Westmont Maintenance Association Inc is located in Keller, TX. The organization was established in 2016. 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. Westmont Maintenance Association 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, Westmont Maintenance Association Inc generated $141.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $88.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF THE COMMON AREAS OF THE ASSOCIATION PROPERTY FOR THE BENEFIT OF THE NEIGHBORHOOD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Johnson President | 3 | $0 | |
Ryan Kostohryz Vice President | 3 | $0 | |
Diana Light Treasurer | 3 | $0 | |
Mark Wilgus Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $140,293 |
| Investment income | $134 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $989 |
| Total Revenue | $141,416 |
| 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 | $8,636 |
| Occupancy, rent, utilities, and maintenance | $71,859 |
| Printing, publications, postage, and shipping | $606 |
| Other expenses | $7,318 |
| Total expenses | $88,419 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,839 |
| Other assets | $0 |
| Total assets | $195,839 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,839 |
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