Spanish Wells Property Owners Association

Organization Overview

Spanish Wells Property Owners Association is located in Hilton Head Island, SC. The organization was established in 1975. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spanish Wells Property Owners 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 12/2023, Spanish Wells Property Owners Association generated $421.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $414.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

MAINTAIN RESIDENTIAL COMMUNITY OPEN TO THE PUBLIC

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES SUPPORT FACILITY OPEN TO THE PUBLIC


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Board, Officers & Key Employees

Name (title)Compensation
Russell Patterson
Director
$0
Justin Foster
Director
$0
Ted Fabian
Director
$0
Margie Smith
Director
$0
Larry Powell
Director
$0
Tracy Castricone
Treasurer
$0

Financial Statements

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$397,476
Investment income $9,248
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 $0
Miscellaneous Revenue$0
Total Revenue $421,304

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