Miramar Homeowners Association Inc
- Assets
- $184.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 02/2019
- Data as of
- 12/2020
- EIN
- 20-0569089
Organization Overview
Miramar Homeowners Association Inc is located in San Antonio, TX. The organization was established in 2019. 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. Miramar 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 12/2020, Miramar Homeowners Association Inc generated $161.7k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $124.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 2 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
2020
Describe the Organization's Program Activity:
Part 3
MAINTENANCE, UPKEEP AND SECURITY OF COMMON AREAS OF THE ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doretta Olsen President | 30 | $0 | |
Keith Clear Director At Large | 20 | $0 | |
Naomi Shields Secretary | 1 | $0 | |
Ceanna Tabora Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $161,467 |
| Investment income | $92 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $99 |
| Total Revenue | $161,658 |
| 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 | $30,100 |
| Occupancy, rent, utilities, and maintenance | $71,218 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,315 |
| Total expenses | $124,633 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,779 |
| Other assets | $0 |
| Total assets | $184,609 |
| Total liabilities | $31,173 |
| Net assets or fund balances | $153,436 |