Lakewood Park Two Homeowners Association is located in Tomball, TX. The organization was established in 1996. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations.
For the year ending 12/2016, Lakewood Park Two Homeowners Association generated $87.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $89.5k during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3
MAINTENANCE AND PRESERVATION OF PROPERTIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Phil O'hara President | 2 | $0 | |
Becky Brown Director | 2 | $0 | |
Tim Sharp Treasurer | 2 | $0 | |
David Grimme Vice President | 2 | $0 | |
Clark Bourgeois Director | 2 | $0 | |
Bill Green Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $81,651 |
Investment income | $61 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $5,402 |
Total Revenue | $87,114 |
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 | $15,871 |
Occupancy, rent, utilities, and maintenance | $3,159 |
Printing, publications, postage, and shipping | $1,372 |
Other expenses | $69,121 |
Total expenses | $89,523 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $146,382 |
Other assets | $0 |
Total assets | $146,382 |
Total liabilities | $0 |
Net assets or fund balances | $146,382 |