West Hill Estates Homeowners Association is located in Salem, OR. The organization was established in 1996. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Hill Estates Homeowners 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 06/2022, West Hill Estates Homeowners Association generated $65.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $45.3k during the year ending 06/2022. While expenses have increased by 1.1% 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lorna O'guinn Treasurer | 5 | $0 | |
Scott Gilbert Vice Preside | 5 | $0 | |
Greg Malkasian President | 10 | $0 | |
Stephen Gordon Secretary | 5 | $0 | |
Tom Gwynn Cc&r Committ | 5 | $0 | |
Bob Aceves At Large | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $65,200 |
Investment income | $20 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $65,220 |
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 | $21,360 |
Occupancy, rent, utilities, and maintenance | $6,455 |
Printing, publications, postage, and shipping | $1,325 |
Other expenses | $16,166 |
Total expenses | $45,306 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $80,269 |
Other assets | $0 |
Total assets | $80,269 |
Total liabilities | $475 |
Net assets or fund balances | $79,794 |
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