Covington Colleyville Homeowners Association Inc is located in Fort Worth, TX. 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. Covington Colleyville 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 12/2023, Covington Colleyville Homeowners Association Inc generated $79.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $74.8k during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF THE COMMON AREAS OF THE ASSOCIATION PROPERTY FOR THE BENEFIT OF THE NEIGHBORHOOD
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Thomas Director | 3 | $0 | |
Andrew Mittag Director | 3 | $0 | |
Melissa Moynier Director | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $79,100 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $270 |
| Total Revenue | $79,406 |
| 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 | $9,006 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $214 |
| Other expenses | $65,551 |
| Total expenses | $74,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,348 |
| Other assets | $0 |
| Total assets | $59,472 |
| Total liabilities | $30,760 |
| Net assets or fund balances | $28,712 |