Brookstone Homeowners Association Inc is located in Mount Juliet, TN. 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. Brookstone 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 12/2023, Brookstone Homeowners Association Inc generated $88.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $93.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
REPRESENTED THE MEMBER HOMEOWNERS OF THE BROOKSTONE COMMUNITY IN MT. JULIET, TENNESSEE. MAINTAINED COMMON PROPERTY AND AMENITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maryjo Shockley President | 10 | $0 | |
Tim Miller At-Large Director | 2 | $0 | |
Brad York At-Large Director | 2 | $0 | |
Ann Snarr Treasurer | 2 | $0 | |
Sheena Cregan Secretary | 2 | $0 | |
Tania Freeman At-Large Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $88,324 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $88,324 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $663 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $25,866 |
Occupancy, rent, utilities, and maintenance | $65,238 |
Printing, publications, postage, and shipping | $502 |
Other expenses | $1,001 |
Total expenses | $93,270 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $176,713 |
Other assets | $0 |
Total assets | $219,568 |
Total liabilities | $0 |
Net assets or fund balances | $219,568 |