Kenswick Meadows Community Association Inc is located in Kingwood, TX. The organization was established in 2005. 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. Kenswick Meadows Community 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 12/2022, Kenswick Meadows Community Association Inc generated $112.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $103.9k during the year ending 12/2022. 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
DURING 2022, THE ASSOCIATION CONTINUED TO MAINTAIN THE COMMON AREAS. THE ANNUAL ASSESSMENTS WERE USED FOR THIS PURPOSE AND ANY REMAINING FUNDS HAVE BEEN SET ASIDE IN A RESERVE FUND FOR FUTURE REPAIRS AND IMPROVEMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deidre Darnell Treasurer | 0 | $0 | |
David Cobin President | 0 | $0 | |
Raymond Benson Jr Secretary | 0 | $0 | |
Chaundrette Willis Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $112,598 |
Membership dues | $0 |
Investment income | $9 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $112,607 |
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 | $58,809 |
Occupancy, rent, utilities, and maintenance | $18,628 |
Printing, publications, postage, and shipping | $424 |
Other expenses | $26,057 |
Total expenses | $103,918 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $100,330 |
Other assets | $0 |
Total assets | $185,492 |
Total liabilities | $22,984 |
Net assets or fund balances | $162,508 |
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