Bella Vista Village Property Owners Association is located in Bella Vista, AR. The organization was established in 1969. 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, Bella Vista Village Property Owners Association employed 520 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bella Vista Village Property Owners Association 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, Bella Vista Village Property Owners Association generated $31.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $26.3m during the year ending 12/2021. While expenses have increased by 4.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE MEMBERS OF THE BELLA VISTA PROPERTY OWNERS ASSOCIATION WITH WATER DISTRIBUTION SYSTEMS, COMMON PROPERTY MAINTENANCE, AND RECREATIONAL FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECREATION: BELLA VISTA IS A 36,000 ACRE RECREATIONAL COMMUNITY IN NORTHWEST ARKANSAS OFFERING SEVEN GOLF COURSES, SEVEN PRIVATE LAKES, 100+ MILES OF NATURE TRAILS FOR HIKING AND BIKING, SWIMMING POOLS AND A BEACH, PARKS AND PAVILIONS, RV PARK AND CAMPGROUND, RECREATION CENTERS, TENNIS CENTER, RESTAURANTS, AND MUCH MORE.
WATER DEPARTMENT: NOT FOR PROFIT WATER UTILITY SERVING MEMBERS OF THE PROPERTY OWNERS ASSCOCIATION.
MAINTENANCE DEPARTMENT: THE MAINTENANCE & CONSTRUCTION DIVISION IS MADE UP OF MULTIPLE DEPARTMENTS WITHIN THE MAC DIVISION THAT PERFORMS A MULTITUDE OF MAINTENANCE FUNCTIONS FOR ALL POA ORGANIZATIONS FACILITIES, GROUNDS, HVACR, HEAVY EQUIPMENT AND VEHICLE EQUIPMENT MAINTENANCE AND PROJECTS.
STREET DEPARTMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Judson President | Officer | 40 | $282,999 |
Doug Mccash Legal Counsel | 40 | $149,758 | |
Francis Taggart Director Of Maint & Constr | 40 | $124,424 | |
Keith Ihms Director Of Golf Maintenance | 40 | $123,491 | |
Stacie Higgins Treasurer | Officer | 40 | $115,339 |
Joan Glubczynski Director Of Recreation | 40 | $111,420 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Dll Finance Llc Golf Leases | 12/30/21 | $249,887 |
R K Janitorial Solutions Janitorial Services | 12/30/21 | $182,828 |
Data Forms Inc Printing Forms | 12/30/21 | $166,616 |
Bwi Companies Inc Landscape Supplies | 12/30/21 | $278,996 |
Kutak Rock Llp Legal Services | 12/30/21 | $154,153 |
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 | $22,402 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $22,402 |
Total Program Service Revenue | $19,491,155 |
Investment income | $14,547 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $72,723 |
Net Gain/Loss on Asset Sales | $980,089 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $8,166,179 |
Miscellaneous Revenue | $0 |
Total Revenue | $31,138,285 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $568,458 |
Compensation of current officers, directors, key employees. | $568,458 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $10,335,123 |
Pension plan accruals and contributions | $383,976 |
Other employee benefits | $1,287,675 |
Payroll taxes | $886,809 |
Fees for services: Management | $0 |
Fees for services: Legal | $70,021 |
Fees for services: Accounting | $61,631 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,144,558 |
Advertising and promotion | $219,575 |
Office expenses | $768,616 |
Information technology | $316,011 |
Royalties | $0 |
Occupancy | $1,729,393 |
Travel | $25,133 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $95,954 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,071,986 |
Insurance | $710,093 |
All other expenses | $818,489 |
Total functional expenses | $26,288,240 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $30,155 |
Savings and temporary cash investments | $7,794,537 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,070,962 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $581,918 |
Prepaid expenses and deferred charges | $254,800 |
Net Land, buildings, and equipment | $53,976,501 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,885,824 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,877 |
Total assets | $65,598,574 |
Accounts payable and accrued expenses | $3,227,447 |
Grants payable | $0 |
Deferred revenue | $1,795,411 |
Tax-exempt bond liabilities | $2,942,149 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,252,607 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $9,217,614 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $56,380,960 |
Total liabilities and net assets/fund balances | $65,598,574 |
Organization Name | Assets | Revenue |
---|---|---|
Bella Vista Village Property Owners Association Bella Vista, AR | $65,598,574 | $31,138,285 |
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