Condominium Owners Association
- Assets
- $43.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Youngtown, AZ
- Founding
- 11/1977
- Data as of
- 12/2023
- EIN
- 86-0337763
Organization Overview
Condominium Owners Association is located in Youngtown, AZ. The organization was established in 1977. 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. Condominium Owners Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Condominium Owners Association generated $58.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $68.2k during the year ending 12/2023. While expenses have increased by 10.4% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
BOARD OF DIRECTORS IS SATISFIED THAT EDUCATION OF CONDO OWNERS WAS ACHEIVED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Clark President | 0 | $0 | |
Pat Estok Secretary | 0 | $0 | |
Rick Russ Vice President | 0 | $0 | |
Penny Walker Treasurer | 0 | $0 | |
Susan Theodore Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,717 |
| Total Program Service Revenue | $16,687 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,404 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,532 |
| Professional fees and other payments to independent contractors | $1,798 |
| Occupancy, rent, utilities, and maintenance | $15,972 |
| Printing, publications, postage, and shipping | $1,960 |
| Other expenses | $20,909 |
| Total expenses | $68,171 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,110 |
| Other assets | $0 |
| Total assets | $43,110 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,110 |