Prineville Lake Acres Unit 2 Property Owners Association is located in Prineville, OR. The organization was established in 1986. 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. Prineville Lake Acres Unit 2 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 04/2022, Prineville Lake Acres Unit 2 Property Owners Association generated $178.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $73.8k during the year ending 04/2022. 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 OF ROADS FOR HOME OWNERS IN COMMUNITY NOT SERVICED BY THE COUNTY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ted Darnell 1st Vice President | 5 | $0 | |
Jeanine Labelle Treasurer | 20 | $0 | |
Tim Mcginnis President | 12 | $0 | |
Elaine Brown Secertary | 5 | $0 | |
Amanda Miller Ass. Vice President | 2 | $0 | |
Penny Wilcox Ass. Vice President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $178,562 |
Investment income | $63 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6 |
Total Revenue | $178,631 |
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 | $150 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $73,640 |
Total expenses | $73,790 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $299,187 |
Other assets | $0 |
Total assets | $301,686 |
Total liabilities | $174 |
Net assets or fund balances | $301,512 |
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