Wortham Falls Homesowners Assocation
- Assets
- $265.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 41-2074737
Organization Overview
Wortham Falls Homesowners Assocation is located in Houston, TX. The organization was established in 2014. 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. Wortham Falls Homesowners Assocation 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, Wortham Falls Homesowners Assocation generated $106.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $79.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE PUBLIC AND COMMUNITY THROUGH THE MAINTENANCE AND MANAGEMENT OF THE ASSOCIATION AND THE PROPERTY AND PROVIDING SERVICES
PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE PUBLIC AND COMMUNITY THROUGH THE MAINTENANCE AND MANAGEMENT OF THE ASSOCIATION AND THE PROPERTY AND PROVIDING SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leticia Corie-Vazquez Director | 2 | $0 | |
Jessica Wingo Director | 2 | $0 | |
Matthew Miertshin Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $105,730 |
| Investment income | $234 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,964 |
| 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 | $14,730 |
| Occupancy, rent, utilities, and maintenance | $20,889 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,217 |
| Total expenses | $79,836 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $254,169 |
| Other assets | $0 |
| Total assets | $265,525 |
| Total liabilities | $43,924 |
| Net assets or fund balances | $221,601 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodforest Owners Association Inc Houston, TX | $5,341,273 | $9,874,039 |
Cinco Residential Property Assn Inc Katy, TX | $14,599,829 | $10,954,529 |
Stonebridge Ranch Community Association Inc Dallas, TX | $11,315,034 | $8,717,166 |
Towne Lake Community Association Inc Cypress, TX | $4,256,681 | $7,685,021 |
Walden On Lake Conroe Community Improvement Asso Montgomery, TX | $5,919,000 | $7,405,584 |
Aliana Homeowners Association Inc Pipe Creek, TX | $4,933,191 | $6,737,042 |
Steiner Ranch Master Association Inc Austin, TX | $3,672,449 | $4,302,724 |
Canyon Falls Master Community Inc Dallas, TX | $5,159,893 | $4,744,849 |
Castle Hills Master Association Inc Lewisville, TX | $4,067,423 | $4,896,405 |
New Property Owners Association Of Newport Inc Crosby, TX | $4,877,552 | $4,531,996 |
River Oaks Property Owners Inc Houston, TX | $5,265,716 | $4,933,446 |
Eagle Springs Community Association Inc Houston, TX | $6,671,963 | $3,606,534 |