Horseshoe Bay Property Owners Association Inc

Organization Overview

Horseshoe Bay Property Owners Association Inc is located in Horseshoe Bay, TX. The organization was established in 1974. According to its NTEE Classification (D03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Animal-Related and related organizations. As of 09/2023, Horseshoe Bay Property Owners Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horseshoe Bay 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 09/2023, Horseshoe Bay Property Owners Association Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.6m during the year ending 09/2023. While expenses have increased by 6.5% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY DEVELOPMENT AND SOCIAL WELFARE

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTENANCE OF BUILDINGS AND COMMON PROPERTY OWNED BY THE ASSOCIATION, MAINTENANCE OF ENTRANCES AND OTHER RELATED PROPERTY


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Board, Officers & Key Employees

Name (title)Compensation
Sandra Moravitz
General Mana
$80,385
Donald Beeman
President
$0
Linda Burling
Vice-Preside
$0
Karen Calderon-Schweitzer
Director
$0
Tom Engler
Director
$0
Yuki Graves
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,652,146
Investment income $6,310
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $6,715
Miscellaneous Revenue$0
Total Revenue $1,764,827

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$1,764,827
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