Groundhog Mountain Property Owners Inc
- Assets
- $322.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 01/1999
- Data as of
- 12/2022
- EIN
- 54-1035012
Organization Overview
Groundhog Mountain Property Owners Inc is located in Charlottesville, 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 12/2022, Groundhog Mountain Property Owners Inc generated $65.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $56.0k during the year ending 12/2022. While expenses have increased by 4.0% 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
2022
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 |
|---|---|---|---|
Bebe Purcell President | 3 | $0 | |
Bill Monday Vice Preside | 2 | $0 | |
Leza Wainwright Treasurer | 2 | $0 | |
Layton Campbell Director | 0.5 | $0 | |
Tim Broyer Director | 0.5 | $0 | |
Gary Carter Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $65,474 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $73 |
| Total Revenue | $65,547 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,435 |
| Other expenses | $54,565 |
| Total expenses | $56,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $183,178 |
| Other assets | $0 |
| Total assets | $322,277 |
| Total liabilities | $0 |
| Net assets or fund balances | $322,277 |
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|---|---|---|
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Kentucky School Boards Insurance Trust Frankfort, KY | $9,195,507 | $7,165,748 |
Kirksville Water Association Richmond, KY | $4,747,021 | $1,216,911 |
Alpine Lake Public Utilities Co Terra Alta, WV | $4,165,662 | $1,191,514 |
Ridge Utilities Inc Louisa, VA | $1,001,358 | $361,650 |
Groundhog Mtn Water & Sewer Company Inc Charlotte, NC | $818,657 | $135,066 |
Jason Water Corporation Snow Hill, NC | $752,068 | $98,047 |
Groundhog Mountain Property Owners Inc Charlottesville, VA | $322,277 | $0 |
Cooper Trash Parkout Inc Mc Lean, VA | $2,867 | $0 |