Rodeo Palms Community Association Inc

The information for Rodeo Palms Community Association Inc is as of the organization's most recent filing in December '21. This organization is located in Houston, TX. It has been in existence for 9 years, following its founding in 2012.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Rodeo Palms Community Association Inc's NTEE code is L50. The "L" tells us that the organization is classified along with Homeowners & Tenants Associations. The "50" tells us that the organization is focused on Housing & Shelter. The NTEE describes Homeowners & Tenants Associations as organizations that serve the interests of the community as a whole and provide services which meet the needs of people who own or rent apartments, condominiums, townhomes, mobile home parks or other housing complexes who are their members. Also included are complexes that are owned collectively by the people who live there.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to fall under Section 4. The IRS describes Section 4 as Civic Leagues, Social Welfare Organizations, and Local Associations of Employees. This means that the Rodeo Palms Community Association Inc is engaged in promoting the common good and general welfare of the public and members of the community through the maintenance and management of the association and the property, and providing services to the community.

Perhaps the most accurate way to understand the organization's goals is by looking at its mission. The mission of the Rodeo Palms Community Association Inc is to be a civic and social welfare organization that promotes the common good and general welfare of the public and members of the community through the maintenance and management of the association and the property, and providing services to the community.

Program Areas

Program Area 1: Within the general fund, the organization focuses on promoting the common good and general welfare of the public and members of the community. They achieve this by maintaining and managing the association and its property, as well as providing various services to the community.

Program Area 2: The landscaping program area focuses on promoting the common good and general welfare of the public and community members. It achieves this by maintaining and managing the association and its property, as well as providing various services to the community.

Program Area 3: The organization promotes the common good and general welfare of the public and community through the maintenance and management of the association and the property, as well as providing services to the community.

Organization Staffing

Rodeo Palms Community Association Inc is run by Eric Unger, who is the President. The organization does not have any employees and no one is paid over $100k per year. However, they do have 10 volunteers who support the operations of the organization.

Board Governance

The Rodeo Palms Community Association Inc, a non-profit organization, appears to have some areas of improvement in its governance structure. With a small number of voting members (5) and no independent members, there may be limited perspectives and diversity in decision-making processes. However, the absence of potential conflicts of interest is a positive aspect, as it ensures that decisions are made in the best interest of the organization and its stakeholders. It is concerning that the organization has delegated management to an outside firm, as it may result in less direct control over the organization's operations and decision-making. Additionally, while board meetings are documented, the lack of documentation for committee meetings raises questions about transparency and accountability within the organization. The absence of a conflict of interest policy is another area of concern, as it is essential for non-profit organizations to have clear guidelines in place to address and prevent conflicts of interest. On a positive note, the organization requires disclosure of conflicts, indicating a commitment to transparency and accountability. The lack of a written whistleblower policy and document retention policy raises concerns about the organization's ability to address misconduct and ensure proper record-keeping. Furthermore, the organization does not substantiate or review leadership and officer's salaries, which may raise questions about the fairness and appropriateness of compensation. Lastly, the organization's failure to provide copies of the 990 to the board prior to filing may indicate a lack of oversight and involvement of the board in financial matters. Overall, while the Rodeo Palms Community Association Inc has some positive aspects in its governance, there are several areas that require attention and improvement to ensure effective and transparent management of the organization.

Organization Growth

The Rodeo Palms Community Association Inc has experienced growth over the given time period. Program service revenue increased from $878.4K in 2017 to $1.3M in 2021, indicating an upward trend in the organization's main source of revenue. Similarly, total revenue also grew from $879.8K in 2017 to $1.3M in 2021. However, it is worth noting that investment income decreased from $1.3K in 2017 to $319 in 2021, suggesting a decline in the organization's investment returns. Other revenue, which was non-existent in 2017, increased to $13.7K in 2021, although this line item may not be meaningful in evaluating the overall growth of the organization. Total expenses also increased from $658.9K in 2017 to $1.0M in 2021, indicating a rise in the organization's expenditures. Despite these changes, the number of volunteers remained the same at 10 throughout the entire time period. Overall, the Rodeo Palms Community Association Inc has grown in terms of program service revenue, total revenue, and total expenses, but experienced a decrease in investment income.