Wedgewood Falls Homeowners Association Inc
- Assets
- $158.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cypress, TX
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4108766
Organization Overview
Wedgewood Falls Homeowners Association Inc is located in Cypress, TX. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wedgewood Falls 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 12/2022, Wedgewood Falls Homeowners Association Inc generated $144.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $133.4k during the year ending 12/2022. While expenses have increased by 8.1% per year over the past 7 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 ASSOCIATION PROVIDES SERVICES TO THE COMMUNITY AT LARGE MUCH LIKE A CITYLIKE GOVERNMENTAL UNIT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Bearden President | 1 | $0 | |
Castle Towery Secretary Treasurer | 1 | $0 | |
Rey Borrego Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $129,262 |
| Investment income | $192 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,127 |
| Total Revenue | $144,581 |
| 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 | $86,106 |
| Occupancy, rent, utilities, and maintenance | $37,473 |
| Printing, publications, postage, and shipping | $5,523 |
| Other expenses | $4,263 |
| Total expenses | $133,365 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $158,603 |
| Other assets | $0 |
| Total assets | $158,603 |
| Total liabilities | $52,654 |
| Net assets or fund balances | $105,949 |
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