Rhygate Homeowners Association
- Assets
- $60.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, VA
- Founding
- 02/1971
- Data as of
- 10/2023
- EIN
- 54-0841382
Organization Overview
Rhygate Homeowners Association is located in Springfield, VA. The organization was established in 1971. 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. Rhygate 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 10/2023, Rhygate Homeowners Association generated $194.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $228.3k during the year ending 10/2023. 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
ENFORCEMENT OF ASSOC COVENANTS FOR 100 HOME COMMUNITY; UP-KEEP OF COMMON PROPERTY AND PAYMENT OF ASSOCIATION EXPENSES (TRASH COLLECTION, SNOW REMOVAL, ETC.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Coles Director | 10 | $0 | |
Dottie Thomas Treasurer | 10 | $0 | |
Anna Gugliotti Director | 10 | $0 | |
Joey Tinsley Director | 10 | $0 | |
Dave Drago President | 10 | $0 | |
Silvia Gulino Passera Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $29,804 |
| Membership dues | $164,000 |
| Investment income | $88 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,020 |
| Total Revenue | $194,912 |
| 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 | $21,286 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $419 |
| Other expenses | $206,601 |
| Total expenses | $228,306 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,608 |
| Other assets | $0 |
| Total assets | $60,880 |
| Total liabilities | $4,586 |
| Net assets or fund balances | $56,294 |