Windward Cove Homeowners Association Inc is located in Spring, TX. The organization was established in 2014. 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. Windward Cove 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 12/2023, Windward Cove Homeowners Association Inc generated $92.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $108.7k during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FOR THE MAINTENANCE OF THE COMMON ELEMENTSOF WINDWARD COVE, A RESIDENTIAL SUBDIVISION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alyssa Fernholz Director | 2 | $0 | |
Fred Tresca Treasurer | 2 | $0 | |
Scott Cutler Secretary | 2 | $0 | |
Shelley Flynn Vice President | 2 | $0 | |
William Malone President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $92,145 |
Investment income | $146 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $92,291 |
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 | $37,870 |
Occupancy, rent, utilities, and maintenance | $58,490 |
Printing, publications, postage, and shipping | $133 |
Other expenses | $12,233 |
Total expenses | $108,726 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $34,649 |
Other assets | $0 |
Total assets | $43,179 |
Total liabilities | $9,965 |
Net assets or fund balances | $33,214 |