Southeast Community Owners Inc
- Assets
- $127.0k
- Revenue
- $142.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Carrollton, GA
- Founding
- 12/2017
- Data as of
- 12/2021
- EIN
- 82-0919468
Organization Overview
Southeast Community Owners Inc is located in Carrollton, GA. The organization was established in 2017. 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. Southeast Community Owners Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Southeast Community Owners Inc generated $142.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $149.4k during the year ending 12/2021. While expenses have increased by 14.4% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Roden Secretary | 10 | $0 | |
Spencer Roane President | 20 | $0 | |
Tom Lackey Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $142,725 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $142,725 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $26,250 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $121,127 |
| Total operating and administrative expenses | $149,445 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $149,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,422 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $11,577 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $126,999 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tellico Village Poa Inc Loudon, TN | $46,364,010 | $28,167,700 |
Kiawah Island Community Association Inc Kiawah Island, SC | $26,368,014 | $20,429,639 |
Community Services Associates Inc Hilton Head Island, SC | $20,961,212 | $14,495,828 |
Air Force Enlisted Village Inc Shalimar, FL | $62,099,180 | $13,085,852 |
Association Of Poinciana Villages Inc Kissimmee, FL | $26,371,508 | $15,270,214 |
Hunters Creek Community Association Inc Orlando, FL | $9,318,947 | $9,221,929 |
Columbus Housing Initiative Inc Columbus, GA | $18,599,553 | $8,114,029 |
Bent Tree Community Inc Jasper, GA | $11,645,606 | $6,901,322 |
Coosawattee River Resort Assn Inc Ellijay, GA | $12,422,312 | $7,039,816 |
North Carolina Home Builders Association Inc Raleigh, NC | $7,309,205 | $3,801,465 |
Lake Forest Prop Owners Assoc Lake Forest Maring Daphne, AL | $5,004,953 | $3,380,407 |
Wild Dunes Community Association Inc Isle Of Palms, SC | $15,432,626 | $5,396,847 |