Kings Point West Condominium Owners Association Inc

Organization Overview

Kings Point West Condominium Owners Association Inc, operating under the name Association Inc, is located in Sun City Center, FL. The organization was established in 0000. 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. 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 02/2022, Association Inc generated $29.7k 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 (14.9%) each year. All expenses for the organization totaled $48.2k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

A SERVICE ORGANIZATION FOR THE BETTERMENT OF KINGS POINTAND ITS RESIDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

A SERVICE ORGANIZATION FOR THE BETTERMENT OF KINGS POINTAND ITS RESIDENTS


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Board, Officers & Key Employees

Name (title)Compensation
Lucy Polson
Secretary
$0
Richard Morris
Treasurer
$0
Forrest Davis
President
$0
Eileen Peco
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$24,663
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$24,663
Total Program Service Revenue$4,635
Investment income $424
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 $29,722

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