Association Of Carol Woods Residents Inc is located in Chapel Hill, NC. The organization was established in 2004. 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. Association Of Carol Woods Residents Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Association Of Carol Woods Residents Inc generated $66.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $68.4k during the year ending 06/2022. While expenses have increased by 1.2% 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anne Fishel President | 20 | $0 | |
Carol Candler Vice President | 15 | $0 | |
Hendrik Van Dorsten Treasurer | 20 | $0 | |
Betty Hughes Secretary | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $66,736 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $66,736 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $68,416 |
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 | $0 |
Other expenses | $0 |
Total expenses | $68,416 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,883 |
Other assets | $0 |
Total assets | $10,883 |
Total liabilities | $0 |
Net assets or fund balances | $10,883 |
Over the last fiscal year, we have identified 1 grants that Association Of Carol Woods Residents Inc has recieved totaling $47,000.
Awarding Organization | Amount |
---|---|
Carol Woods Charitable Fund Inc Chapel Hill, NC PURPOSE: SUPPORT FOR RESIDENT ACTIVITIES THROUGH ANNUAL COUNCIL BUDGET. | $47,000 |
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