Groundhog Mountain Property Owners Inc is located in Fancy Gap, VA. The organization was established in 1999. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Groundhog Mountain Property Owners Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2021, Groundhog Mountain Property Owners Inc generated $69.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $70.7k during the year ending 12/2021. While expenses have increased by 10.0% per year over the past 7 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
PROVIDING MAINTENANCE, PRESERVATION AND CONTROL TO THE RESIDENTIAL AREA REFERRED TO AS GROUNDHOG MOUNTAIN; AND PROMOTING HEALTH, SAFETY AND WELFARE TO THE RESIDENTS OF GROUNDHOG MOUNTAIN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randy Poole President | 0 | $0 | |
Bebe Purcell Treasurer | 0 | $0 | |
Ray Nix Director | 0 | $0 | |
Layton Campbell Vice President | 0 | $0 | |
Bill Monday Executive Secretary | 0 | $0 | |
Tim Broyer Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $69,613 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $172 |
Total Revenue | $69,785 |
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 | $13,535 |
Occupancy, rent, utilities, and maintenance | $18,321 |
Printing, publications, postage, and shipping | $313 |
Other expenses | $38,579 |
Total expenses | $70,748 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $163,085 |
Other assets | $0 |
Total assets | $312,730 |
Total liabilities | $0 |
Net assets or fund balances | $312,730 |
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Jason Water Corporation Snow Hill, NC | $571,862 | $93,678 |
Groundhog Mtn Water & Sewer Company Inc Charlotte, NC | $818,657 | $135,066 |
Groundhog Mountain Property Owners Inc Fancy Gap, VA | $312,730 | $0 |
Cooper Trash Parkout Inc Mc Lean, VA | $133 | $0 |