Horizon Communities Improvement Association Inc
- Assets
- $13.2m
- Revenue
- $407.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Horizon City, TX
- Founding
- 07/1969
- Data as of
- 12/2021
- EIN
- 74-1612277
Organization Overview
Horizon Communities Improvement Association Inc is located in Horizon City, TX. The organization was established in 1969. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Horizon Communities Improvement Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horizon Communities Improvement 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 12/2021, Horizon Communities Improvement Association Inc generated $407.6k 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 (3.0%) each year. All expenses for the organization totaled $648.5k during the year ending 12/2021. 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 PROMOTE AND FACILITATE CONTINUING DEVELOPMENT OF THE AREA WHILE ENSURING IT REMAINS A GREAT PLACE TO LIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP AWARENESS OF HORIZON CITY AND THE SURROUNDING AREA BY WORKING WITH DIFFERENT ENTITIES TO PROVIDE THE BEST SERVICES TO OUR MEMBERS' PROPERTIES, NEWSLETTERS, AND OTHER TYPES OF PROGRAMS IN ORDER TO ENCOURAGE DEVELOPMENT IN THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William C Eggleston President | OfficerTrustee | 12 | $11,213 |
Michael J Ramos Vice President | OfficerTrustee | 8 | $10,420 |
Chris Bustillos Secretary | OfficerTrustee | 8 | $9,538 |
David R Daniels Treasurer | OfficerTrustee | 8 | $9,538 |
Christopher J Smith Board Member | Trustee | 6 | $8,787 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,567 |
| 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 | $33,567 |
| Total Program Service Revenue | $175,131 |
| Investment income | $188,863 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,797 |
| 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 | $407,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $49,496 |
| Compensation of current officers, directors, key employees. | $17,324 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $143,511 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,139 |
| Payroll taxes | $10,409 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $39,394 |
| Fees for services: Accounting | $29,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $77,995 |
| Fees for services: Other | $1,305 |
| Advertising and promotion | $0 |
| Office expenses | $37,776 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,522 |
| Travel | $14,970 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,669 |
| Insurance | $40,874 |
| All other expenses | $10,732 |
| Total functional expenses | $648,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,733 |
| Savings and temporary cash investments | $1,808,203 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,384 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,705,382 |
| Investments—publicly traded securities | $8,492,074 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $191,643 |
| Total assets | $13,211,419 |
| Accounts payable and accrued expenses | $118,166 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $500 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $118,666 |
| Net assets without donor restrictions | $13,092,753 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $13,211,419 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avance Inc San Antonio, TX | $11,319,048 | $60,395,226 |
Operation Homefront Inc San Antonio, TX | $30,804,944 | $40,861,039 |
Gulf Coast Community Services Assn Inc Houston, TX | $4,457,612 | $33,824,576 |
Hill Country Community Action Association Inc San Saba, TX | $4,864,839 | $26,700,596 |
Crawford Sebastian Community Development Council Inc Fort Smith, AR | $10,081,488 | $25,336,007 |
St Martin Iberia Lafayette Parishes Community Action Agency Lafayette, LA | $1,628,921 | $19,226,376 |
El Paso Community Action Program Project Bravo Inc El Paso, TX | $2,433,349 | $16,653,742 |
Abilene Improvement Corporation Abilene, TX | $4,300,132 | $16,087,347 |
Waterloo Greenway Conservancy Austin, TX | $14,294,713 | $19,654,960 |
Avance Inc San Antonio, TX | $3,341,095 | $14,922,059 |
Northwest Arkansas Council Foundation Springdale, AR | $9,473,428 | $13,530,717 |
First Colony Community Services Association Inc Sugar Land, TX | $19,403,817 | $10,458,068 |