Civic Associtation Of Terra Nova
- Assets
- $483.2k
- Revenue
- $277.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Humble, TX
- Founding
- 02/2010
- Data as of
- 12/2019
- EIN
- 74-2073716
Organization Overview
Civic Associtation Of Terra Nova is located in Humble, TX. The organization was established in 2010. 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. Civic Associtation Of Terra Nova 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 12/2019, Civic Associtation Of Terra Nova generated $277.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $247.7k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN COMMON AREAS, ESPLANADES, SWIMMING POOL, PARKS AND RECREATIONAL AREAS; PROVIDE STREET LIGHTS, SECURITY AND TRASH SERVICES - ALL FOR THE BENEFIT OF THE ENTIRE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN COMMON AREAS, ESPLANADES, SWIMMING POOL, PARKS AND RECREATIONAL AREAS; PROVIDE STREET LIGHTS, SECURITY AND TRASH SERVICES - ALL FOR THE BENEFIT OF THE ENTIRE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Heaton President | OfficerTrustee | 2 | $0 |
Jana Bennett Vice President | OfficerTrustee | 2 | $0 |
Megan Risley Vice President | OfficerTrustee | 2 | $0 |
Gary Matocha Secretary | OfficerTrustee | 2 | $0 |
Charlotte Miller Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $203 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $277,773 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $14,708 |
| Fees for services: Legal | $6,679 |
| Fees for services: Accounting | $6,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $813 |
| Insurance | $14,353 |
| All other expenses | $0 |
| Total functional expenses | $247,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,707 |
| Savings and temporary cash investments | $156,123 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,120 |
| 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 | $5,109 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $483,161 |
| Accounts payable and accrued expenses | $6,995 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $38,068 |
| Other liabilities | $0 |
| Total liabilities | $45,063 |
| 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 | $187,659 |
| Total liabilities and net assets/fund balances | $438,098 |
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