Crestmoor Community Association
- Assets
- $1.2m
- Revenue
- $845.1k
- Investments
- $0.0
- Employees
- 74
- Location
- Lakewood, CO
- Founding
- 06/1957
- Data as of
- 10/2022
- EIN
- 84-0435678
Organization Overview
Crestmoor Community Association is located in Lakewood, CO. The organization was established in 1957. 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. As of 10/2022, Crestmoor Community Association employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crestmoor Community Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2022, Crestmoor Community Association generated $845.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $926.2k during the year ending 10/2022. While expenses have increased by 3.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION IS ORGANIZED FOR THE PLEASURE AND RECREATION OF COMMUNITY MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRESTMOOR COMMUNITY ASSOCIATION TENNIS PROGRAM.
CRESTMOOR COMMUNITY ASSOCIATION SWIMMING PROGRAM.
CRESTMOOR COMMUNITY ASSOCIATION SOCIAL FUNCTIONS AND MEMBER EVENTS.
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 |
|---|---|---|---|
Glenn Rippey President | OfficerTrustee | 8 | $0 |
Matt Parsons Vice President | OfficerTrustee | 8 | $0 |
Stephanie Sabga Secretary | OfficerTrustee | 8 | $0 |
Thomas Thorpe Treasurer | OfficerTrustee | 8 | $0 |
Beth Ann Parsons Vice President | OfficerTrustee | 8 | $0 |
Michael Link Treasurer | OfficerTrustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $842,272 |
| Investment income | $629 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$302 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $845,066 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,283 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,433 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,225 |
| Fees for services: Accounting | $28,217 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,850 |
| Information technology | $386 |
| Royalties | $0 |
| Occupancy | $159,767 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $392 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,163 |
| Insurance | $34,385 |
| All other expenses | $9,108 |
| Total functional expenses | $926,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $529,090 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $74,574 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,835 |
| Net Land, buildings, and equipment | $586,446 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,223,945 |
| Accounts payable and accrued expenses | $18,068 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $38,850 |
| Total liabilities | $56,918 |
| Net assets without donor restrictions | $1,167,027 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,223,945 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beaver Creek Resort Co Avon, CO | $28,954,020 | $22,257,606 |
Anthem Community Council Inc An Arizona Corporation Anthem, AZ | $42,052,181 | $12,868,028 |
Master Community Association Inc Denver, CO | $3,554,049 | $8,649,814 |
Gainey Ranch Community Association Scottsdale, AZ | $7,578,299 | $4,436,589 |
Islands Community Association Scottsdale, AZ | $3,106,067 | $2,329,623 |
Durango Mountain Master Association Inc Durango, CO | $5,099,330 | $3,338,361 |
Wasatch Community Gardens Salt Lake City, UT | $7,051,063 | $2,042,028 |
Kansas Rural Communities Foundation Wamego, KS | $2,370,367 | $865,297 |
Ventana Ranch Community Association Inc Albuquerque, NM | $2,248,667 | $1,099,620 |
Crestmoor Community Association Lakewood, CO | $1,223,945 | $845,066 |
Alta Mesa Community Association Inc Mesa, AZ | $1,115,712 | $740,413 |
Tempe Community Council Incorporated Tempe, AZ | $1,866,347 | $571,733 |