Castle Hills Master Association Inc

Organization Overview

Castle Hills Master Association Inc is located in Lewisville, 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. As of 12/2021, Castle Hills Master Association Inc employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castle Hills Master 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 12/2021, Castle Hills Master Association Inc generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $4.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FOR THE UPKEEP AND MAINTENANCE OF THE COMMON AREAS IN THE CASTLE HILLS COMMUNITY. ASSOCIATION PROVIDES MAIL DELIVERY, SECURITY & BASIC CABLE TELEVISION SERVICE FOR THE ENTIRE CASTLE HILLS COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LANDSCAPING & LANDSCAPE MAINTENANCE OF THE COMMON AREAS,PARKS, BOULEVARDS & ENTRANCES OF THE CASTLE HILLS COMMUNITY;MAINTENANCE AND UPKEEP OF TENNIS COURTS, SOCCER FIELDS & APOOL IN THE CASTLE HILLS COMMUNITY; OPERATION AND UPKEEP OFTHE COMMUNITY CENTER BUILDING; MAIL DELIVERY, SECURITY ANDBASIC CABLE TELEVISION SERVICES FOR CASTLE HILLS.


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Board, Officers & Key Employees

Name (title)Compensation
Christopher R Bright
Director
$0
Parker Bright
Director
$0
Kristen Fritz
Director
$0
Lucas Patterson
Director
$0
Eric Stanley
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$4,278,544
Fundraising events$0
Related organizations$0
Government grants $224,800
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$4,503,344
Total Program Service Revenue$0
Investment income $1,411
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $22,749
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 $4,896,405

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