Ada West Commercial Condominium Association
- Assets
- $29.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ada, MI
- Founding
- Data as of
- 12/2022
- EIN
- 36-4830334
Organization Overview
Ada West Commercial Condominium Association is located in Ada, MI. Ada West Commercial Condominium Association is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2022, Ada West Commercial Condominium Association generated $37.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $37.0k during the year ending 12/2022. While expenses have increased by 13.3% per year over the past 4 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
THE ORGANIZATION IS A NONPROFIT CORPORATION WHOSE SOLE ACTIVITY IS TO MANAGE, OPERATE, MAINTAIN AND REPLACE COMMON ELEMENTS OF CONDOMINIUM PROPERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janelle Franke President | 1 | $0 | |
Stephen Dertz Treasurer | 0.5 | $0 | |
Shaun Biel Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,979 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,979 |
| 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 | $3,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,029 |
| Total expenses | $36,979 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,425 |
| Other assets | $0 |
| Total assets | $29,425 |
| Total liabilities | $29,425 |
| Net assets or fund balances | $0 |
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