Patapsco Woods Homeowners Association is located in Catonsville, MD. 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. Patapsco Woods Homeowners 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, Patapsco Woods Homeowners Association generated $80.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $73.0k during the year ending 12/2022. 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
HOMEOWNERS ASSOCIATION MAINTAINS THE BOOKS AND RECORDS OF THE 171 HOME NEIGHBORHOOD MAINTAINING THE COMMON AREAS, COVENANT & BYLAW ENFORCEMENT AND COLLECTED ASSESSMENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Arndt Vice President | 2 | $0 | |
Jeff Krawczak Treasurer | 2 | $0 | |
Jacob Mishook President | 2 | $0 | |
Danielle Peragine Board Member | 1 | $0 | |
Mark Beynon Board Member | 1 | $0 | |
Bryan Saxton Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $80,496 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,496 |
| 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 | $600 |
| Occupancy, rent, utilities, and maintenance | $64,640 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,766 |
| Total expenses | $73,006 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,829 |
| Other assets | $0 |
| Total assets | $74,708 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,708 |