Wichita Independent Neighborhoods Inc is located in Wichita, KS. The organization was established in 2004. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Wichita Independent Neighborhoods Inc employed 22 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Wichita Independent Neighborhoods Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Wichita Independent Neighborhoods Inc generated $210.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $216.8k during the year ending 12/2022. While expenses have increased by 7.6% per year over the past 4 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PERFORM THE NORMAL ACTIVITIES OF A HOME OWNER ASSOCIATION IN A LAWFUL MANNER DEEMED TO BE IN THE BEST INTEREST OF THE OWNERS.
Describe the Organization's Program Activity:
OPERATION OF ROCKWOOD RECREATIONAL FACILITY, INCLUDING A SWIMMING POOL AND RELATED ACTIVITIES, TENNIS COURT AND PLAYGROUND EQUIPMENT.
ACTIVITIES AND SERVICES AS A NEIGHBORHOOD HOME OWNER ASSOCIATION, INCLUDING NEIGHBORHOOD SECURITY PATROL SERVICE AND COMMON AREA MAINTENANCE AND IMPROVEMENTS.
NEIGHBORHOOD EVENTS SUCH AS SUMMER PICNIC AND EASTER EGG HUNT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Darryl Awe Director | Trustee | 0.5 | $0 |
Albert Denny Treasurer | OfficerTrustee | 2 | $0 |
Larry Duntz President | OfficerTrustee | 20 | $0 |
Madella Harrison Director | Trustee | 2 | $0 |
Jeanne Mendoza Secretary | OfficerTrustee | 1.5 | $0 |
Jordan Swan Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $191,124 |
Investment income | $54 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,901 |
Miscellaneous Revenue | $0 |
Total Revenue | $210,387 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $68,509 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,747 |
Fees for services: Management | $12,645 |
Fees for services: Legal | $1,347 |
Fees for services: Accounting | $975 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $88 |
Office expenses | $3,532 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $36,969 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $40,536 |
Insurance | $10,823 |
All other expenses | $0 |
Total functional expenses | $216,815 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $173,772 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $173,772 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,874 |
Total liabilities | $1,874 |
Net assets without donor restrictions | $171,898 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $173,772 |