Quaker Heights Homeowners Assn
- Assets
- $126.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 09/1981
- Data as of
- 12/2023
- EIN
- 75-1408039
Organization Overview
Quaker Heights Homeowners Assn is located in Lubbock, TX. The organization was established in 1981. 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. Quaker Heights Homeowners Assn is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Quaker Heights Homeowners Assn generated $100.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $104.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF CLUBHOUSE, SWIMMING POOL, TENNIS COURTS & GROUNDS FOR QUAKER HEIGHTS SUBDIVISION LOCATED IN LUBBOCK, TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Hendrix President | 1 | $0 | |
Precious Zint Secretary | 2 | $3,900 | |
Bridgette York Treasurer | 3 | $3,150 | |
Tony Arnold Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $24,948 |
| Membership dues | $74,819 |
| Investment income | $645 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,412 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,761 |
| Professional fees and other payments to independent contractors | $2,534 |
| Occupancy, rent, utilities, and maintenance | $39,337 |
| Printing, publications, postage, and shipping | $1,551 |
| Other expenses | $23,647 |
| Total expenses | $104,830 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,466 |
| Other assets | $0 |
| Total assets | $126,317 |
| Total liabilities | $16,123 |
| Net assets or fund balances | $110,194 |