Wellington Farms Homeowners Association Inc
- Assets
- $140.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Collierville, TN
- Founding
- 05/2003
- Data as of
- 09/2022
- EIN
- 43-1971545
Organization Overview
Wellington Farms Homeowners Association Inc is located in Collierville, TN. The organization was established in 2003. 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. Wellington Farms Homeowners 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 09/2022, Wellington Farms Homeowners Association Inc generated $62.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $52.6k during the year ending 09/2022. 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
MAINTENANCE OF THE COMMON AREAS AND SIX ENTRANCES TO WELLINGTON FARMS SUBDIVISION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Britt Balkcon Treasurer / | 1 | $0 | |
Beverly Michalek President | 1 | $0 | |
Whitten Ortega Representati | 1 | $0 | |
Angela Lawson Secretary / | 1 | $0 | |
Danny Faulk Representati | 1 | $0 | |
Rob Russell Vice Preside | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $62,617 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,626 |
| 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 | $2,125 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,504 |
| Total expenses | $52,629 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,175 |
| Other assets | $0 |
| Total assets | $140,284 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,284 |
Peer Organizations
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|---|---|---|
Columbus Housing Initiative Inc Columbus, GA | $18,599,553 | $8,114,029 |
Kingstowne Residential Owners Corporation Alexandria, VA | $8,910,767 | $6,278,825 |
Bent Tree Community Inc Jasper, GA | $11,645,606 | $6,901,322 |
Burke Centre Conservancy Burke, VA | $14,310,013 | $6,077,723 |
Coosawattee River Resort Assn Inc Ellijay, GA | $12,422,312 | $7,039,816 |
Aquia Harbour Property Owners Association Inc Stafford, VA | $11,909,044 | $4,683,038 |
Stone Ridge Association Inc Stone Ridge, VA | $6,806,491 | $4,345,999 |
National Home Infusion Association Alexandria, VA | $2,376,501 | $3,671,992 |
North Carolina Home Builders Association Inc Raleigh, NC | $7,309,205 | $3,801,465 |
Lake Forest Prop Owners Assoc Lake Forest Maring Daphne, AL | $5,004,953 | $3,380,407 |
Blue Ridge Christian Home Corporation Raphine, VA | $1,069,884 | $2,966,317 |
Arlington Housing Corporation Service Corporation Arlington, VA | $1,494,502 | $3,205,017 |