The Highlands Property Owners Assoc Inc is located in Mooresville, IN. The organization was established in 2016. 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. Highlands Property Owners Assoc 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, Highlands Property Owners Assoc Inc generated $1.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $1.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Paddock Secretary | 0.25 | $0 | |
Greg Stout Treasurer | 0.25 | $0 | |
Bill Cox President | 0.25 | $0 | |
Chris Snider Vice President | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $1,360 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $1,360 |
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 | $460 |
Occupancy, rent, utilities, and maintenance | $204 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,160 |
Total expenses | $1,824 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,093 |
Other assets | $0 |
Total assets | $12,093 |
Total liabilities | $0 |
Net assets or fund balances | $12,093 |
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