Double Rock Association Inc
- Assets
- $361.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Owings Mills, MD
- Founding
- 07/1978
- Data as of
- 12/2021
- EIN
- 52-1097698
Organization Overview
Double Rock Association Inc is located in Owings Mills, MD. The organization was established in 1978. 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. Double Rock Association 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 12/2021, Double Rock Association Inc generated $174.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $101.4k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CORPORATION WAS ORGANIZED TO COLLECTIVELY MAINTAIN AND PRESERVETHE COMMONLY OWNED PROPERTY AND AMENITIES FOR THE PLEASURE AND BENEFITOF THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Hernandez President | 3 | $0 | |
Natalie Brown Treasurer | 3 | $0 | |
Teresa Dahlem Vice President | 3 | $0 | |
Erin Flar Secretary | 3 | $0 | |
Pat Hodges Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $173,852 |
| Investment income | $902 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $174,754 |
| 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 | $22,638 |
| Occupancy, rent, utilities, and maintenance | $71,552 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,172 |
| Total expenses | $101,362 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $337,486 |
| Other assets | $0 |
| Total assets | $361,782 |
| Total liabilities | $75,722 |
| Net assets or fund balances | $286,060 |
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|---|---|---|
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Association Of Home Appliance Manufacturers Washington, DC | $12,645,555 | $8,881,319 |
Cecelia Housing Inc Bethesda, MD | $234,000 | $4,045,313 |
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Aquia Harbour Property Owners Association Inc Stafford, VA | $11,909,044 | $4,683,038 |