Stone Oak Property Owners Association Inc

Organization Overview

Stone Oak Property Owners Association Inc is located in San Antonio, TX. The organization was established in 1987. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Stone Oak Property Owners Association Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stone Oak Property Owners 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 12/2022, Stone Oak Property Owners Association Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSURE THE UPKEEP, MAINTENANCE, IMPROVEMENT, AND ADMINISTRATION OF PUBLIC AREAS IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMON AREA MAINTENANCE AND UTILITIES: THE ASSOCIATION CONTRACTS TO MAINTAIN ALL COMMON AREA GROUNDS. THE ASSOCIATION ALSO PAYS FOR ELECTRICITY AND WATER FOR THE COMMON AREAS.


PROVIDED MANAGEMENT SERVICES FOR THE STONE OAK PROPERTY OWNERS ASSOCIATION, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Joe Silman
President
$0
Art Downey Jr
Chairman
$0
Ken Piland
Director
$0
Scott Sowards
Director
$0
Viki Melton
Secretary
$0
Sharon Meyer
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Grounds Control Llc
Landscape
$316,339
Thurman & Phillips Attorneys At Law
Legal Services
$118,474
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$1,703,997
Investment income $10,504
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,500
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,873,190

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