Stillwater Cove Homeowners Assn Inc is located in Katy, TX.
For the year ending 12/2019, Stillwater Cove Homeowners Assn Inc generated $98.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $81.8k during the year ending 12/2019. While expenses have increased by 0.4% per year over the past 3 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
2019
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ASSOCIATION IS TO MAINTAIN AND PRESERVE THE COMMON AREAS OF THE COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Powell President | 2 | $0 | |
Edward Chavira Vice President | 2 | $0 | |
Asif Ehsan Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $95,200 |
Investment income | $18 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3,671 |
Total Revenue | $98,889 |
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 | $52,760 |
Occupancy, rent, utilities, and maintenance | $21,604 |
Printing, publications, postage, and shipping | $3,030 |
Other expenses | $4,383 |
Total expenses | $81,777 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $41,651 |
Other assets | $0 |
Total assets | $55,840 |
Total liabilities | $38,346 |
Net assets or fund balances | $17,494 |