Capon Glen Property Owners Association Inc
- Assets
- $14.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Capon Bridge, WV
- Founding
- 06/2000
- Data as of
- 12/2022
- EIN
- 55-0771849
Organization Overview
Capon Glen Property Owners Association Inc is located in Capon Bridge, WV. The organization was established in 2000. 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. Capon Glen Property Owners 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 12/2022, Capon Glen Property Owners Association Inc generated $11.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $8.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) 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
2022
Describe the Organization's Program Activity:
Part 3
TREASURER GENERATES INVOICES AND COLLECTS ANNUAL DUE EVERY DECEMBER/JANUARY FOR THE PURPOSE OF MAINTAINING ROADS AND COMMON AREAS; ANNUAL LIABILITY INSURANCE FOR COMMON AREAS, AND PROVIDE NOTICES FOR THE ANNUAL PROPERTY OWNERS' MEETING HELD IN AUGUST EACH YEAR AND HOSTED BY THE PRESIDENT. ROAD WORK IS COORDINATED BY THE VICE PRESIDENTS AS NEEDED DURING THE SPRING AND FALL. ALSO ANY SNOW REMOVAL IS COORDINATED BY THE VPS AS WELL. NO BOARD MEMBER RECEIVES ANY COMPENSATION FOR THE TASKS PROVIDED. FUNDS ARE ONLY SPENT FOR CONTRACTORS WHO PERFORM MAINTENANCE, STAMPS FOR MAILING OF INVOICES, NOTICES OF MEETINGS, POST OFFICE BOX ANNUAL RENT AND RENT FOR COMMUNITY CENTER TO HOLD ANNUAL MEETING, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Pitsenbarger Vice President - Section Iv | 1 | $0 | |
Edward Lombardi President | 1 | $0 | |
Thomas Matthes Vice President - Sections I, Ii & Iii | 1 | $0 | |
Anne Matthes Treasurer & Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,227 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,246 |
| 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 | $8,089 |
| Occupancy, rent, utilities, and maintenance | $168 |
| Printing, publications, postage, and shipping | $68 |
| Other expenses | $0 |
| Total expenses | $8,325 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,740 |
| Other assets | $0 |
| Total assets | $14,740 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,740 |
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