High Resort Village Community Association Inc
- Assets
- $104.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rio Rancho, NM
- Founding
- 01/2004
- Data as of
- 12/2022
- EIN
- 85-0392630
Organization Overview
High Resort Village Community Association Inc is located in Rio Rancho, NM. The organization was established in 2004. 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. High Resort Village Community 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, High Resort Village Community Association Inc generated $70.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $54.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 8 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
HOMEOWNERS ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cay Lara Treasurer | 5 | $0 | |
Lucy Reyes Director | 5 | $0 | |
Judi Buehler Director | 5 | $0 | |
Hobbitt Merritt Director | 5 | $0 | |
Michael Wick Director | 5 | $0 | |
Jose Duran Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,766 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,776 |
| 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 | $18,210 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,459 |
| Other expenses | $34,798 |
| Total expenses | $54,467 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,248 |
| Other assets | $0 |
| Total assets | $104,174 |
| Total liabilities | $0 |
| Net assets or fund balances | $104,174 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodforest Owners Association Inc Houston, TX | $5,341,273 | $9,874,039 |
Cinco Residential Property Assn Inc Katy, TX | $14,599,829 | $10,954,529 |
Stonebridge Ranch Community Association Inc Dallas, TX | $11,315,034 | $8,717,166 |
Dc Ranch Association Inc Scottsdale, AZ | $11,452,331 | $8,727,546 |
Towne Lake Community Association Inc Cypress, TX | $4,256,681 | $7,685,021 |
Walden On Lake Conroe Community Improvement Asso Montgomery, TX | $5,919,000 | $7,405,584 |
Johnson Ranch Community Association Inc Scottsdale, AZ | $8,421,000 | $6,968,596 |
Aliana Homeowners Association Inc Pipe Creek, TX | $4,933,191 | $6,737,042 |
Steiner Ranch Master Association Inc Austin, TX | $3,672,449 | $4,302,724 |
Canyon Falls Master Community Inc Dallas, TX | $5,159,893 | $4,744,849 |
Power Ranch Community Association Scottsdale, AZ | $9,499,414 | $6,148,445 |
Castle Hills Master Association Inc Lewisville, TX | $4,067,423 | $4,896,405 |