Arrowhead Lakes Property Owners Inc
- Assets
- $82.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Willis, TX
- Founding
- 07/1968
- Data as of
- 12/2020
- EIN
- 74-1592791
Organization Overview
Arrowhead Lakes Property Owners Inc is located in Willis, TX. The organization was established in 1968. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arrowhead Lakes Property Owners 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 12/2020, Arrowhead Lakes Property Owners Inc generated $71.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $62.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF THE SUBDIVISIONS PUBLIC AREAS POOL, PAVILION, PARKS AND DAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Brooks President | 6 | $0 | |
Tammy Barry Treasurer | 6 | $0 | |
Mercedes Jordan Secretary | 6 | $0 | |
Grace Stacey Alcalde Director | 6 | $0 | |
Michael Needham Vice President | 6 | $0 | |
Cindy Patterson Director | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $71,861 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,861 |
| 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 | $9,597 |
| Occupancy, rent, utilities, and maintenance | $34,587 |
| Printing, publications, postage, and shipping | $367 |
| Other expenses | $18,207 |
| Total expenses | $62,758 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,617 |
| Other assets | $0 |
| Total assets | $82,847 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,847 |
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