Fairway Ridge Owners Association Inc is located in San Antonio, TX. The organization was established in 2019. 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. Fairway Ridge Owners 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 12/2022, Fairway Ridge Owners Association Inc generated $50.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $35.7k during the year ending 12/2022. 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
TO PROTECT AND MAINTAIN THE AESTHETICS OF THE COMMUNITY BY CONDUCTING THE MAINTENANCE AND BY PROVIDING GENERAL COMMUNITY SERVICES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aloma Davis Member At Large | 7 | $0 | |
Robert Liley Member At Large | 7 | $0 | |
Thetus Roberts President | 7 | $0 | |
Lance Jelks Vice President | 7 | $0 | |
Gregory Roman Member At Large | 7 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $49,793 |
| Membership dues | $0 |
| Investment income | $173 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,966 |
| 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 | $14,695 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,966 |
| Total expenses | $35,661 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $233,905 |
| Other assets | $0 |
| Total assets | $252,029 |
| Total liabilities | $20,202 |
| Net assets or fund balances | $231,827 |