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 |