Canoa Hills Townhomes Inc
- Assets
- $323.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Green Valley, AZ
- Founding
- 10/2008
- Data as of
- 12/2022
- EIN
- 86-0589411
Organization Overview
Canoa Hills Townhomes Inc is located in Green Valley, AZ. The organization was established in 2008. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canoa Hills Townhomes 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, Canoa Hills Townhomes Inc generated $90.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $78.5k during the year ending 12/2022. While expenses have increased by 3.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MAINTENANCE AND ADMINISTRATION OF 142 MEMBER HOMEOWNERS ASSOCIATION. DUTIES INCLUDE MAINTENANCE OF COMMON AREAS, STREETS AND DRAINAGE AREAS. ADMINISTRATION INCLUDES; COLLECTION OF MEMBER DUES AND FEES, PROVIDE ADEQUATE INSURANCE AND UTILITIES, ENFORCE BY-LAWS AND RESTRICTIVE COVENTS, CORRESPONDENCE WITH HOMEOWNERS, ORGANIZE AND COMMUNICATE INFORMATION AND MEETINGS, OVERSEE PROPER ASSET MANAGMENT AND PRACTICES, MISC. MAILINGS, PRINTINGS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Mena Vice President | 3 | $0 | |
Richard Fitzpatrick President | 8 | $0 | |
Ira Bigelow Director | 3 | $0 | |
David Krueger-Duncan Director | 10 | $0 | |
Margaret Storniolo Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51 |
| Total Program Service Revenue | $0 |
| Membership dues | $90,430 |
| Investment income | $419 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,900 |
| 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 | $5,819 |
| Occupancy, rent, utilities, and maintenance | $68,702 |
| Printing, publications, postage, and shipping | $716 |
| Other expenses | $3,303 |
| Total expenses | $78,540 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $323,416 |
| Other assets | $0 |
| Total assets | $323,416 |
| Total liabilities | $56,875 |
| Net assets or fund balances | $266,541 |
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