H P Homeowners Association Inc is located in Bronx, NY. The organization was established in 2005. 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. H P Homeowners 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 03/2024, H P Homeowners Association Inc generated $88.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $78.7k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 5 years. 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
2024
Describe the Organization's Program Activity:
Part 3
COMMUNITY CENTER FOR ALL TO USE AS A MEETING PLACE, LOANER BOATS AND BIKES, AFTER SCHOOL SOCIAL GATHERINGS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Williams President | 0 | $0 | |
Charles Coban Vice Preside | 0 | $0 | |
Gloria Anderson Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $29,216 |
| Membership dues | $59,559 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,775 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,436 |
| Professional fees and other payments to independent contractors | $8,471 |
| Occupancy, rent, utilities, and maintenance | $18,220 |
| Printing, publications, postage, and shipping | $528 |
| Other expenses | $30,010 |
| Total expenses | $78,665 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,286 |
| Other assets | $0 |
| Total assets | $209,611 |
| Total liabilities | $7,776 |
| Net assets or fund balances | $201,835 |