Bourland Field Estates Homeowners Association Inc is located in Cresson, TX. 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. Bourland Field Estates Homeowners 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, Bourland Field Estates Homeowners Association Inc generated $194.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $156.4k during the year ending 12/2022. While expenses have increased by 5.6% per year over the past 4 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary J Butt Airport Manager | 10 | $13,750 | |
John Goble President | 10 | $0 | |
Bob Ellis Vice President | 10 | $0 | |
Kenny Seaman Director | 2 | $0 | |
Jim Clement Director | 2 | $0 | |
Jason Smith Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $4,200 |
Membership dues | $187,176 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3,090 |
Total Revenue | $194,471 |
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 | $32,700 |
Occupancy, rent, utilities, and maintenance | $116,741 |
Printing, publications, postage, and shipping | $40 |
Other expenses | $6,953 |
Total expenses | $156,434 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $116,845 |
Other assets | $0 |
Total assets | $183,564 |
Total liabilities | $29,630 |
Net assets or fund balances | $153,934 |