Stonepine Homeowners Association Inc is located in Cypress, TX. The organization was established in 2008. 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. Stonepine 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 12/2023, Stonepine Homeowners Association Inc generated $95.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $93.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.9%) 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
2023
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES SERVICES TO THE COMMUNITY AT LARGE MUCH LIKE A CITYLIKE GOVERNMENTAL UNIT
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| David Gabriel Vice President | 0 | $0 | |
| Jorge Zarate Secretary | 0 | $0 | |
| Jason Nemeck President | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $81,975 | 
| Investment income | $756 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $12,443 | 
| Total Revenue | $95,174 | 
| 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 | $58,732 | 
| Occupancy, rent, utilities, and maintenance | $26,520 | 
| Printing, publications, postage, and shipping | $1,420 | 
| Other expenses | $6,811 | 
| Total expenses | $93,483 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,782 | 
| Other assets | $0 | 
| Total assets | $107,782 | 
| Total liabilities | $29,714 | 
| Net assets or fund balances | $78,068 |