Kingstowne Residential Owners Corporation

Organization Overview

Kingstowne Residential Owners Corporation is located in Alexandria, VA. 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 12/2021, Kingstowne Residential Owners Corporation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingstowne Residential Owners Corporation 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, Kingstowne Residential Owners Corporation generated $6.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $6.7m during the year ending 12/2021. While expenses have increased by 5.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE HEALTH, SAFETY, AND WELFARE OF THE RESIDENTS AND ENFORCE ALL COVENANTS AND RESTRICTIONS IN ACCORDANCE WITH THE GOVERNING DOCUMENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF POOLS, TENNIS COURTS, AND ASSOCIATION OFFICES TO MAINTAIN ALL COMMON PROPERTY AND PROMOTE THE HEALTH, SAFETY, AND WELFARE OF THE COMMUNITY


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Board, Officers & Key Employees

Name (title)Compensation
Tony Johnson
General Manager
$139,099
Jeanne Mccarroll
Secretary/treasurer
$0
Tim Nank
Vice President
$0
Michael Lamarche
President
$0
Ronald Alberto
Trustee
$0
Katrina Martin
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Landcare Holdings Inc
Landscaping
$1,127,394
Republic Services
Trash Removal
$828,002
All Recreation Of Virginiainc
Capital Improvements And Repairs
$619,380
Total Development Solutions Llc
Drainage/erosion Services
$349,177
Dominion Paving & Sealing
Asphalt And Concrete
$368,766
View All Vendors

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$6,182,158
Investment income $96,667
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 $6,278,825

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