Greenmeadow Community Association Inc is located in Palo Alto, CA. The organization was established in 1957. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Greenmeadow Community Association Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenmeadow Community Association 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 12/2021, Greenmeadow Community Association Inc generated $909.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $903.6k during the year ending 12/2021. While expenses have increased by 10.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COMMUNITY SERVICES INCLUDING RECREATIONAL, COMMUNICATION, SOCIAL AND CIVIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREENMEADOW COMMUNITY ASSOCIATION (GMCA) OPERATE A COMMUNITY SWIMMING POOL SERVING OVER 250 LOCAL FAMILIES. IN CONNECTION WITH THE POOL, THE ORGANIZATION PROVIDES SWIMMING LESSONS, OPERATES A COMPETITIVE SWIMMING TEAM, AND PROVIDES LIFEGUARD TRAINING CLASSES FOR THE BENEFIT OF LOCAL YOUTH. SWIMMING CONDITIONING CLASSES ARE ALSO PROVIDED TO ADULTS WHO ARE MEMBERS OF THE ORGANIZATION. IN ADDITION TO THE SWIMMING POOL, THE ORGANIZATION OVERSEES A SMALL OUTDOOR PARK AND CLUBHOUSE THAT ARE AVAILABLE FOR THE BENEFIT OF MEMBERS. IN 2021, THE ORGANIZATION USED THESE FACILITIES FOR YOUTH DAY CAMPS DURING SCHOOL HOLIDAYS AND THE SUMMER VACATION PERIOD. THE ASSOCIATION ADDITIONALLY ORGANIZES SEVERAL CELEBRATIONS DURING THE YEAR FOR THE SOCIAL BENEFIT OF THE LOCAL COMMUNITY, INCLUDING MEMORIAL DAY, INDEPENDENCE DAY, AND LABOR DAY. FURTHER, THE ASSOCIATION MANAGES SEVERAL COMMITTEES, STAFFED BY VOLUNTEERS, THAT BENEFIT THE LOCAL COMMUNITY. THERE ARE SEPARATE COMMITTEES FOR CIVIC AFFAIRS, EMERGENCY PREPAREDNESS, COMMUNICATIONS, SOCIAL ENGAGEMENT, ARCHITECTURAL REVIEW, MEMBERSHIP, FACILITIES, FINANCE, AND THE SWIMMING TEAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Caleb Fenner Club Manager | 40 | $103,500 | |
Norman Adams Assistant Tr | OfficerTrustee | 0.5 | $0 |
Glenn Flinchbaugh Treasurer | OfficerTrustee | 8 | $0 |
Jeff Kmetec Assistant Vi | OfficerTrustee | 0.5 | $0 |
Ken Knox President | OfficerTrustee | 5 | $0 |
Srdjan Petrovic Assistant Se | OfficerTrustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $581,006 |
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 | $581,006 |
Total Program Service Revenue | $263,909 |
Investment income | $1,729 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $51,395 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$13,400 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $909,905 |
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 | $294,164 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $400 |
Payroll taxes | $27,516 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,061 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $14,211 |
Fees for services: Other | $3,091 |
Advertising and promotion | $8,021 |
Office expenses | $4,070 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $92,659 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $83,587 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $197,878 |
Insurance | $33,902 |
All other expenses | $17,805 |
Total functional expenses | $903,592 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $346,682 |
Savings and temporary cash investments | $623,243 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $2,473,840 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,443,765 |
Accounts payable and accrued expenses | $28,579 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $1,519,861 |
Unsecured mortgages and notes payable | $150,000 |
Other liabilities | $23,208 |
Total liabilities | $1,721,648 |
Net assets without donor restrictions | $1,722,117 |
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 | $0 |
Total liabilities and net assets/fund balances | $3,443,765 |
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