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.
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 |
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 |