Timber Lakes-Timber Ridge Association Inc
- Assets
- $252.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring, TX
- Founding
- 01/1972
- Data as of
- 12/2021
- EIN
- 74-1658059
Organization Overview
Timber Lakes-Timber Ridge Association Inc is located in Spring, TX. The organization was established in 1972. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Timber Lakes-Timber Ridge 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, Timber Lakes-Timber Ridge Association Inc generated $100.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $81.1k during the year ending 12/2021. While expenses have increased by 5.4% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Bisbee Director | 5 | $0 | |
Christy Alexander President | 10 | $0 | |
Jennifer Cartwright Director | 10 | $0 | |
Sharon Carroll Director | 10 | $0 | |
Leslie Hawthorne Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $99,425 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,250 |
| Total Revenue | $100,677 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,287 |
| Professional fees and other payments to independent contractors | $15,549 |
| Occupancy, rent, utilities, and maintenance | $23,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,031 |
| Total expenses | $81,067 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,118 |
| Other assets | $0 |
| Total assets | $252,588 |
| Total liabilities | $1,036 |
| Net assets or fund balances | $251,552 |
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