Groundhog Mountain Property Owners Inc
- Assets
- $312.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fancy Gap, VA
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 54-1035012
Organization Overview
Groundhog Mountain Property Owners Inc is located in Fancy Gap, VA. The organization was established in 1999. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Groundhog Mountain Property Owners Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2021, Groundhog Mountain Property Owners Inc generated $69.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $70.7k during the year ending 12/2021. While expenses have increased by 10.0% 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING MAINTENANCE, PRESERVATION AND CONTROL TO THE RESIDENTIAL AREA REFERRED TO AS GROUNDHOG MOUNTAIN; AND PROMOTING HEALTH, SAFETY AND WELFARE TO THE RESIDENTS OF GROUNDHOG MOUNTAIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Layton Campbell Vice President | 0 | $0 | |
Ray Nix Director | 0 | $0 | |
Gary Carter Director | 0 | $0 | |
Randy Poole President | 0 | $0 | |
Bebe Purcell Treasurer | 0 | $0 | |
Bill Monday Executive Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $69,613 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $172 |
| Total Revenue | $69,785 |
| 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 | $13,535 |
| Occupancy, rent, utilities, and maintenance | $18,321 |
| Printing, publications, postage, and shipping | $313 |
| Other expenses | $38,579 |
| Total expenses | $70,748 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,085 |
| Other assets | $0 |
| Total assets | $312,730 |
| Total liabilities | $0 |
| Net assets or fund balances | $312,730 |
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Groundhog Mtn Water & Sewer Company Inc Charlotte, NC | $818,657 | $135,066 |
Groundhog Mountain Property Owners Inc Fancy Gap, VA | $312,730 | $0 |
Cooper Trash Parkout Inc Mc Lean, VA | $133 | $0 |