Royal Brook Community Foundation Inc
- Assets
- $286.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-4844768
Organization Overview
Royal Brook Community Foundation Inc is located in Houston, TX. The organization was established in 2016. 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. Royal Brook Community Foundation 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION WILL ACHIEVE ITS EXEMPT PURPOSE BY USING A FUND TO PROVIDE INSURANCE, DONATIONS, MANAGEMENT, MAINTENANCE AND IMPROVEMENTS TO THE COMMON AREAS, WHICH WILL BE FOR THE SOCIAL WELFARE AND BETTERMENT OF THE COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mckinleigh Loftin Vice President | 2 | $0 | |
Bryan Paniagua Treasurer | 2 | $0 | |
Kate Davis President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $97,618 |
| Investment income | $4,842 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,460 |
| 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 | $6,686 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,546 |
| Total expenses | $26,232 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $277,071 |
| Other assets | $0 |
| Total assets | $286,400 |
| Total liabilities | $4,166 |
| Net assets or fund balances | $282,234 |
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 |