Prosser Woods Estates Owners Association is located in Truckee, CA. The organization was established in 2014. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prosser Woods Estates Owners Association 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, Prosser Woods Estates Owners Association generated $50.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.3% each year . All expenses for the organization totaled $36.0k during the year ending 12/2022. While expenses have increased by 21.4% per year over the past 3 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
MAINTAIN COMMON AREA FOR HOME OWNERS ASSOCIATION
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Tom Lacey President | 1 | $0 | |
| Kevin Crosby Treasurer | 1 | $0 | |
| Jim Lafrom Secretary | 1 | $0 | |
| Ernie Grossman Director | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $50,400 | 
| Investment income | $40 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $50,440 | 
| 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 | $699 | 
| Occupancy, rent, utilities, and maintenance | $33,439 | 
| Printing, publications, postage, and shipping | $20 | 
| Other expenses | $1,875 | 
| Total expenses | $36,033 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,251 | 
| Other assets | $0 | 
| Total assets | $93,251 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $93,251 |