Wellington Farms Homeowners Association Inc is located in Collierville, TN. The organization was established in 2003. 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. Wellington Farms Homeowners Association 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 09/2023, Wellington Farms Homeowners Association Inc generated $65.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $46.5k during the year ending 09/2023. 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
MAINTENANCE OF THE COMMON AREAS AND SIX ENTRANCES TO WELLINGTON FARMS SUBDIVISION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Beverly Michalek President | 1 | $0 | |
Rob Russell Vice Preside | 1 | $0 | |
Angela Lawson Secretary / | 1 | $0 | |
Britt Balkcom Treasurer / | 1 | $0 | |
Whitten Ortega Representati | 1 | $0 | |
Joe Michalek Representati | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $65,676 |
Membership dues | $0 |
Investment income | $115 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $65,791 |
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 | $4,719 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $41,732 |
Total expenses | $46,451 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $157,425 |
Other assets | $0 |
Total assets | $159,624 |
Total liabilities | $0 |
Net assets or fund balances | $159,624 |