Tuscany Hills Landscape And Recreation Corporation is located in Lake Elsinore, CA. The organization was established in 2010. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Tuscany Hills Landscape And Recreation Corporation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tuscany Hills Landscape And Recreation Corporation 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 12/2022, Tuscany Hills Landscape And Recreation Corporation generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.7m during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN THE COMMON AREAS OF THE ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION IS A MASTER PLANNED COMMUNITY. IT ACHIEVES THE GOALS OF MAINTAINING AND PRESERVING THE COMMUNITY'S COMMON AREAS VIA VOLUNTEER COMMITTEES, FORUMS, AND AN OUTSIDE MANAGEMENT COMPANY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ric Greenwood Vice President | OfficerTrustee | 1 | $0 |
Richard Winchell President | OfficerTrustee | 1 | $0 |
Rick Morsch Treasurer | OfficerTrustee | 1 | $0 |
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 | $2,896,473 |
Investment income | $11,791 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $33,377 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,941,641 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $216,006 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $85,436 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $40,086 |
All other expenses | $355,641 |
Total functional expenses | $2,696,673 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $931,554 |
Savings and temporary cash investments | $875,061 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $163,315 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11,760 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,982 |
Total assets | $1,989,672 |
Accounts payable and accrued expenses | $124,430 |
Grants payable | $0 |
Deferred revenue | $90,283 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $9,698 |
Total liabilities | $224,411 |
Net assets without donor restrictions | $711,085 |
Net assets with donor restrictions | $1,054,176 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,989,672 |