Sherwood Estates Iv Home Owners Association is located in Flower Mound, TX. The organization was established in 2000. 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. Sherwood Estates Iv Home Owners 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 12/2022, Sherwood Estates Iv Home Owners Association generated $54.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $54.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
MAINTAIN GREENBELT AND NEIGHBORHOOD PARK (157 HOUSES)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sheila Larson VP | 1 | $0 | |
Cathy Cromer President | 1 | $0 | |
Todd Connor VP | 1 | $0 | |
Bob Woods Secretary | 1 | $0 | |
Robert Brock Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $466 |
Total Program Service Revenue | $0 |
Membership dues | $53,731 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $54,197 |
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 | $7,863 |
Occupancy, rent, utilities, and maintenance | $43,628 |
Printing, publications, postage, and shipping | $314 |
Other expenses | $2,749 |
Total expenses | $54,554 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $63,758 |
Other assets | $0 |
Total assets | $63,758 |
Total liabilities | $0 |
Net assets or fund balances | $63,758 |
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