Brookwood Condominium Association Inc
- Assets
- $149.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elkhart, IN
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 81-4516742
Organization Overview
Brookwood Condominium Association Inc is located in Elkhart, IN. The organization was established in 2017. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brookwood Condominium 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, Brookwood Condominium Association Inc generated $160.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $122.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE LANDSCAPING, GROUNDSKEEPING, AND GENERAL REPAIRS FOR THE BETTERMENT OF THE ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordan Seyfarth Treasurer | 1 | $0 | |
Kevin Campbell President | 1 | $0 | |
Mark Jones Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $160,514 |
| Membership dues | $0 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,542 |
| 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 | $4,535 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $312 |
| Other expenses | $117,680 |
| Total expenses | $122,527 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,125 |
| Other assets | $0 |
| Total assets | $149,125 |
| Total liabilities | $0 |
| Net assets or fund balances | $149,125 |
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|---|---|---|
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Near Northwest Neighborhood Inc South Bend, IN | $1,492,786 | $1,047,471 |
Lincoln-Central Neighborhood Family Center Inc Columbus, IN | $940,986 | $810,266 |
Sherman Park Community Association Inc Milwaukee, WI | $131,584 | $320,232 |
Wolf Creek Community Association Inc Louisville, KY | $902,640 | $348,656 |
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