Puerta Del Sol Homeowners Association is located in Tempe, AZ. The organization was established in 1973. 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. Puerta Del Sol Homeowners Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2024, Puerta Del Sol Homeowners Association generated $97.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $97.5k during the year ending 03/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
THIS IS A HOMEOWNERS ASSOCIATION,OPERATING AS A 501C7, WHOSE PRIMARY FUNCTION IS TO OWN AND MAINTAIN THE RECREATIONAL AREA AND FACILITY OF ITS MEMBERS LIVING WITHIN THE COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Plantz President | 1 | $0 | |
Melissa Goitia Secretary | 1 | $0 | |
Karen Stewart Treasurer | 2 | $0 | |
Linda Meerow Director | 1 | $0 | |
Lisa Kubie Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,136 |
| Total Program Service Revenue | $0 |
| Membership dues | $78,804 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,940 |
| 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 | $15,019 |
| Occupancy, rent, utilities, and maintenance | $6,808 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $75,647 |
| Total expenses | $97,474 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,620 |
| Other assets | $0 |
| Total assets | $28,620 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,620 |