Timberwolfe Estates Home Owners Assoc Inc is located in Glen Carbon, IL. 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. Timberwolfe Estates Home 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 03/2022, Timberwolfe Estates Home Owners Assoc Inc generated $37.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $42.5k during the year ending 03/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
COMMON INTEREST COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jack Mckechan President | 3 | $0 | |
Peter Gruben Vice President | 1 | $0 | |
Timothy Krumm Treasurer/secretary | 3 | $0 | |
Dr Jamil Rana Director | 1 | $0 | |
Andrew Kassebaum Director | 1 | $0 | |
Marilyn Mckechan Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $37,490 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $37,490 |
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 | $4,196 |
Occupancy, rent, utilities, and maintenance | $35,589 |
Printing, publications, postage, and shipping | $317 |
Other expenses | $2,366 |
Total expenses | $42,468 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $77,745 |
Other assets | $0 |
Total assets | $77,745 |
Total liabilities | $0 |
Net assets or fund balances | $77,745 |
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