Cambridge Homeowners Association
- Assets
- $217.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plano, TX
- Founding
- Data as of
- 12/2023
- EIN
- 26-0302175
Organization Overview
Cambridge Homeowners Association is located in Plano, TX. 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. Cambridge Homeowners Association 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, Cambridge Homeowners Association generated $154.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $148.3k during the year ending 12/2023. While expenses have increased by 6.7% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CIVIL & SOCIAL WELFARE ORGANIZATION PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Schnitker Director | 5 | $0 | |
Dylan Ashley Director | 5 | $0 | |
Matthew T Olivolo Vice President | 5 | $0 | |
Robert G Evans President/treasurer | 5 | $0 | |
Nathan Habib Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $147,835 |
| Investment income | $4,958 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,170 |
| Total Revenue | $153,963 |
| 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 | $18,525 |
| Occupancy, rent, utilities, and maintenance | $119,098 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,655 |
| Total expenses | $148,278 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $206,926 |
| Other assets | $0 |
| Total assets | $217,603 |
| Total liabilities | $24,096 |
| Net assets or fund balances | $193,507 |