Tropical Acre Estates Homeowners Association is located in Zephyrhills, FL. The organization was established in 1988. 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. Tropical Acre Estates Homeowners Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Tropical Acre Estates Homeowners Association generated $31.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $30.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alice Lawler Secretary | 15 | $0 | |
Linda Muenchow President | 10 | $0 | |
Sue Bell Vice President | 5 | $0 | |
Michael Muscato Trustee | 10 | $0 | |
Debbie Laborda Trustee | 10 | $0 | |
Sherman Williams Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $785 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,099 |
Other Revenue | $23,274 |
Total Revenue | $31,158 |
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 | $7,335 |
Occupancy, rent, utilities, and maintenance | $592 |
Printing, publications, postage, and shipping | $758 |
Other expenses | $21,408 |
Total expenses | $30,093 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,735 |
Other assets | $0 |
Total assets | $24,735 |
Total liabilities | $0 |
Net assets or fund balances | $24,735 |