Community Association Of Country Colony East is located in Katy, TX. The organization was established in 2019. 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. Community Association Of Country Colony East 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 12/2021, Community Association Of Country Colony East generated $191.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $147.1k during the year ending 12/2021. While expenses have increased by 6.9% 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
2021
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION IS TO MAINTAIN THE HEALTH SAFETY AND WELFARE OF THE COMMUNITY AT LARGE
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $167,954 |
Investment income | $38 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $23,940 |
Total Revenue | $191,932 |
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 | $117,861 |
Occupancy, rent, utilities, and maintenance | $24,508 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $4,711 |
Total expenses | $147,080 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $96,494 |
Other assets | $0 |
Total assets | $142,399 |
Total liabilities | $94,521 |
Net assets or fund balances | $47,878 |
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