Sandy Ridge Homeowners Association Inc is located in North Olmsted, OH. The organization was established in 1969. 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. Sandy Ridge Homeowners Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Sandy Ridge Homeowners Association Inc generated $54.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $62.2k 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
OPERATION OF PARK AND RECREATION AREA FOR BENEFIT OF MEMBERS. PROVIDE SWIMMING POOL, PLAYGROUND AREA, AND RECREATION FOR 264 FAMILIES THAT OWN HOMES IN THE SANDY RIDGE DEVELOPMENT. PROVIDE SWIMMING POOL, LESSONS, AND OTHER EVENTS FOR RESIDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sid King President | 0 | $0 | |
Stephanie Abbruzzese Vice President | 0 | $0 | |
Christyanne Judge Treasurer | 0 | $0 | |
Joan Brossard Treasurer | 0 | $0 | |
Corey Stofko Secretary | 0 | $0 | |
Christine Grantham Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $54,756 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $54,756 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $25,913 |
Professional fees and other payments to independent contractors | $400 |
Occupancy, rent, utilities, and maintenance | $12,362 |
Printing, publications, postage, and shipping | $720 |
Other expenses | $22,850 |
Total expenses | $62,245 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,317 |
Other assets | $0 |
Total assets | $21,517 |
Total liabilities | $0 |
Net assets or fund balances | $21,517 |