Carolynn Estates Property Owners Association Inc
- Assets
- $159.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mabank, TX
- Founding
- 07/1972
- Data as of
- 12/2021
- EIN
- 23-7163037
Organization Overview
Carolynn Estates Property Owners Association Inc is located in Mabank, TX. The organization was established in 1972. 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. Carolynn Estates Property Owners 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, Carolynn Estates Property Owners Association Inc generated $143.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $96.2k during the year ending 12/2021. While expenses have increased by 11.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Parnell Treasurer | 8 | $0 | |
Johnny Hardaway Board Member | 3 | $0 | |
Michael Baker Chairwoman | 10 | $0 | |
Ted Cessnon Secretary | 5 | $0 | |
Morgan Page Board Member | 2 | $0 | |
Rebecca Good Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $86,207 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $57,665 |
| Total Revenue | $143,889 |
| 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 | $13,736 |
| Occupancy, rent, utilities, and maintenance | $71,654 |
| Printing, publications, postage, and shipping | $1,453 |
| Other expenses | $9,315 |
| Total expenses | $96,158 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,922 |
| Other assets | $0 |
| Total assets | $159,059 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,059 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodforest Owners Association Inc Houston, TX | $5,341,273 | $9,874,039 |
Cinco Residential Property Assn Inc Katy, TX | $14,599,829 | $10,954,529 |
Stonebridge Ranch Community Association Inc Dallas, TX | $11,315,034 | $8,717,166 |
Towne Lake Community Association Inc Cypress, TX | $4,256,681 | $7,685,021 |
Walden On Lake Conroe Community Improvement Asso Montgomery, TX | $5,919,000 | $7,405,584 |
Aliana Homeowners Association Inc Pipe Creek, TX | $4,933,191 | $6,737,042 |
Steiner Ranch Master Association Inc Austin, TX | $3,672,449 | $4,302,724 |
Canyon Falls Master Community Inc Dallas, TX | $5,159,893 | $4,744,849 |
Castle Hills Master Association Inc Lewisville, TX | $4,067,423 | $4,896,405 |
New Property Owners Association Of Newport Inc Crosby, TX | $4,877,552 | $4,531,996 |
River Oaks Property Owners Inc Houston, TX | $5,265,716 | $4,933,446 |
Eagle Springs Community Association Inc Houston, TX | $6,671,963 | $3,606,534 |