East Gate Ii Homes Association Inc
- Assets
- $219.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kensington, MD
- Founding
- 11/1973
- Data as of
- 12/2023
- EIN
- 23-7293416
Organization Overview
East Gate Ii Homes Association Inc is located in Kensington, MD. The organization was established in 1973. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. East Gate Ii Homes 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 12/2023, East Gate Ii Homes Association Inc generated $178.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $148.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTENANCE AND MANAGEMENT OF THE HOMEOWNERS' ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike O'malley President | 1 | $0 | |
Paul Hillstrom Treasurer | 1 | $0 | |
Anna Howard Director | 1 | $0 | |
Wade Adams Director | 1 | $0 | |
Catherine Harris Director | 1 | $0 | |
Kevin Cavanaugh Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $176,620 |
| Investment income | $1,817 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $178,437 |
| 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 | $0 |
| Other expenses | $148,833 |
| Total expenses | $148,833 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $215,000 |
| Other assets | $0 |
| Total assets | $219,708 |
| Total liabilities | $77,596 |
| Net assets or fund balances | $142,112 |