Great Oak Square Homeowners Association Inc
- Assets
- $16.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Leesburg, VA
- Founding
- 05/1984
- Data as of
- 12/2021
- EIN
- 54-1253541
Organization Overview
Great Oak Square Homeowners Association Inc is located in Leesburg, VA. The organization was established in 1984. 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. Great Oak Square Homeowners 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, Great Oak Square Homeowners Association Inc generated $12.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $7.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.8%) per year over the past 7 years. 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
EXPENSES INCURRED BY ASSOCIATION TO MAINTAIN AND REPAIR COMMON AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Crudo President | 0 | $0 | |
John Lujan Director | 0 | $0 | |
Joe Desantis Vice President | 0 | $0 | |
Asim Iqbal Treasurer | 0 | $0 | |
Doug Fig Secretary | 0 | $0 | |
Caleb Baldwin Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,415 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7 |
| Total Revenue | $12,423 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,885 |
| Total expenses | $7,885 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,611 |
| Other assets | $0 |
| Total assets | $16,858 |
| Total liabilities | $5,831 |
| Net assets or fund balances | $11,027 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Owners & Managers Association International Washington, DC | $10,066,199 | $10,463,881 |
Association Of Home Appliance Manufacturers Washington, DC | $12,645,555 | $8,881,319 |
Cecelia Housing Inc Bethesda, MD | $234,000 | $4,045,313 |
Kingstowne Residential Owners Corporation Alexandria, VA | $8,910,767 | $6,278,825 |
Burke Centre Conservancy Burke, VA | $14,310,013 | $6,077,723 |
The Fairness Project Washington, DC | $1,253,311 | $5,316,361 |
Aquia Harbour Property Owners Association Inc Stafford, VA | $11,909,044 | $4,683,038 |
Stone Ridge Association Inc Stone Ridge, VA | $6,806,491 | $4,345,999 |
Intellectual Property Owners Association Washington, DC | $8,094,765 | $4,784,749 |
National Home Infusion Association Alexandria, VA | $2,376,501 | $3,671,992 |
King Farm Citizens Assembly Inc Rockville, MD | $5,618,346 | $3,623,136 |
North Carolina Home Builders Association Inc Raleigh, NC | $7,309,205 | $3,801,465 |