Forest Hill Association is located in San Francisco, CA. The organization was established in 1945. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest Hill 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 03/2024, Forest Hill Association generated $647.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $572.1k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO MAINTAIN, REPAIR AND REPLACE COMMON AREA PROPERTY OF 653 HOMES AS WELL AS PROVIDE A MEETING LOCATION FOR THE ORGANIZATION'S MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGEMENT AND MAINTENANCE OF COMMON AREA PROPERTY FOR 653 HOMES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Flannery President | OfficerTrustee | 5 | $0 |
Tom Soohoo Director | Trustee | 5 | $0 |
John Farrell Director | Trustee | 5 | $0 |
Stephanie Adams-Ryan Vice President | OfficerTrustee | 5 | $0 |
Anthony Woolf Treasurer | OfficerTrustee | 5 | $0 |
Barney Deasy Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $580,618 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $580,618 |
Total Program Service Revenue | $0 |
Investment income | $28,346 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $27,950 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $647,239 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $42,859 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,452 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,807 |
Fees for services: Accounting | $17,155 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $5,714 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $42,056 |
All other expenses | $12,709 |
Total functional expenses | $572,052 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $854,234 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,844 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $880,224 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,737,302 |
Accounts payable and accrued expenses | $9,014 |
Grants payable | $0 |
Deferred revenue | $19,678 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,000 |
Total liabilities | $29,692 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,707,610 |
Total liabilities and net assets/fund balances | $1,737,302 |