Woods Of Saxony Homeowners Association
- Assets
- $262.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newtown, PA
- Founding
- 04/1995
- Data as of
- 12/2022
- EIN
- 23-2441249
Organization Overview
Woods Of Saxony Homeowners Association is located in Newtown, PA. The organization was established in 1995. 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. Woods Of Saxony Homeowners Association 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 12/2022, Woods Of Saxony Homeowners Association generated $82.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $74.9k during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
GENERAL MAINTENANCE OF ASSOCIATION GROUNDS/COMMON AREAS AND RECREATIONAL AREAS FOR THE BENEFIT OF 225 HOMEOWNERS THAT BELONG TO THE ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Geist President | 8 | $0 | |
Michael Blumhardt V.P. Landscaping | 8 | $0 | |
James Howard Treasurer | 8 | $0 | |
Anthony Principale Secretary | 8 | $0 | |
Dmitry Ostanin Vice President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $81,250 |
| Investment income | $1,333 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,583 |
| 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 | $9,567 |
| Occupancy, rent, utilities, and maintenance | $500 |
| Printing, publications, postage, and shipping | $241 |
| Other expenses | $64,548 |
| Total expenses | $74,856 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,518 |
| Other assets | $0 |
| Total assets | $262,110 |
| Total liabilities | $122,767 |
| Net assets or fund balances | $139,343 |