Riverglen Homeowners Association
- Assets
- $268.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berthoud, CO
- Founding
- 09/1980
- Data as of
- 12/2016
- EIN
- 74-2130940
Organization Overview
Riverglen Homeowners Association is located in Berthoud, CO. The organization was established in 1980. 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. Riverglen Homeowners 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 12/2016, Riverglen Homeowners Association generated $29.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 69.2% each year . All expenses for the organization totaled $65.9k during the year ending 12/2016. While expenses have increased by 46.7% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
PROVIDED AND MAINTAINED THE SEWER PLANT AND WATER SYSTEM SERVING THE MEMBERS OF THE HOME OWNERS ASSOCIATION AND SURROUNDING COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Weatherford Member-At-Large | 1 | $0 | |
Gena Carini Member-At-Large | 1 | $0 | |
Mark Mcgee Secretary | 1 | $0 | |
Julie Rogers Treasurer | 3 | $0 | |
Ken Carpenter Vice President | 1 | $0 | |
Gary Klug President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $29,252 |
| Investment income | $71 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,323 |
| 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 | $4,087 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,840 |
| Total expenses | $65,927 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,007 |
| Other assets | $0 |
| Total assets | $268,298 |
| Total liabilities | $131 |
| Net assets or fund balances | $268,167 |
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