Chapel Valley Homeowners Association
- Assets
- $38.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 11/1991
- Data as of
- 12/2021
- EIN
- 46-6039592
Organization Overview
Chapel Valley Homeowners Association is located in Rapid City, SD. The organization was established in 1991. 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. Chapel Valley Homeowners Association 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, Chapel Valley Homeowners Association generated $64.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $69.1k during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Ferdinand President | 0 | $0 | |
Travis Jones Vice President | 0 | $0 | |
Ryan Thaler Secretary | 0 | $0 | |
Ryan Rubbelke Member | 0 | $0 | |
Caitlin Scully Member | 0 | $0 | |
Dennis Hengen Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $64,242 |
| Investment income | $73 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,315 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,269 |
| Professional fees and other payments to independent contractors | $40,167 |
| Occupancy, rent, utilities, and maintenance | $13,174 |
| Printing, publications, postage, and shipping | $499 |
| Other expenses | $0 |
| Total expenses | $69,109 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,311 |
| Other assets | $0 |
| Total assets | $38,311 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,311 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Oaks Home Owners Association Inc North Oaks, MN | $5,590,480 | $4,009,438 |
Minnesota Multi Housing Assn Bloomington, MN | $1,831,730 | $2,659,160 |
Platte Lake Property Owners Association Hillman, MN | $0 | $1,817,640 |
Eastern Iowa Regional Housing Corporation Dubuque, IA | $5,116,993 | $1,481,771 |
Home Builders Assn Of Des Moines Johnston, IA | $702,713 | $1,312,598 |
Big Sky Owners Association Inc Big Sky, MT | $2,466,028 | $1,119,623 |
Panora Cooperative Cablevision Association Inc Panora, IA | $431,429 | $971,770 |
Greater Minneapolis Building Owners & Managers Association Minneapolis, MN | $1,087,906 | $899,811 |
South Dakota Telecommunications Association Pierre, SD | $191,089 | $797,905 |
Home Builders Association Of Billings Montana Inc Billings, MT | $1,429,512 | $763,178 |
Home Builders Assn Of Lincoln Lincoln, NE | $1,482,961 | $661,956 |
Broadband Association Of North Dakota Mandan, ND | $754,213 | $601,039 |