Preakness Valley Condo Association is located in Wayne, NJ.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION HAS SUCCESSFULLY MAINTAINED THE COMMON AREA SHARED BY OWNERS OF CONDOMINIUMS.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $135,000 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $135,000 | 
| 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 | $0 | 
| Occupancy, rent, utilities, and maintenance | $108,246 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $5,762 | 
| Total expenses | $114,008 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,798 | 
| Other assets | $0 | 
| Total assets | $44,798 | 
| Total liabilities | $5,517 | 
| Net assets or fund balances | $39,281 |