Verde Village Property Owners Association
- Assets
- $76.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cottonwood, AZ
- Founding
- 01/1980
- Data as of
- 12/2021
- EIN
- 86-0320616
Organization Overview
Verde Village Property Owners Association is located in Cottonwood, AZ. The organization was established in 1980. 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. Verde Village Property Owners Association 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, Verde Village Property Owners Association generated $55.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $44.1k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 6 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
OPENED AND OPERATED POOL AND PROVIDED MEETING SPACE FOR MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patti Greeneltch President | 8 | $0 | |
Daisie Mckune-Ferretti Vice President | 8 | $0 | |
Ross Ferretti Treasurer | 8 | $0 | |
Pamela Morgan Director Unit 1 | 4 | $0 | |
Joan Otterson Director Unit 5 | 4 | $0 | |
Cheryl Kasdorf Director Unit 2 | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $21,741 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,863 |
| Other Revenue | $13,235 |
| Total Revenue | $55,853 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $7,859 |
| Printing, publications, postage, and shipping | $1,198 |
| Other expenses | $30,506 |
| Total expenses | $44,117 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,437 |
| Other assets | $0 |
| Total assets | $76,252 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,252 |
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