Myers Park Homeowners Association Inc
- Assets
- $103.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 06/1985
- Data as of
- 09/2023
- EIN
- 56-0996261
Organization Overview
Myers Park Homeowners Association Inc is located in Charlotte, NC. The organization was established in 1985. 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. Myers Park Homeowners Association Inc 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 09/2023, Myers Park Homeowners Association Inc generated $84.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $104.0k during the year ending 09/2023. While expenses have increased by 7.9% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlie Welch President | 5 | $0 | |
Suzanne Ross Vice Preside | 4 | $0 | |
Suzanne Codington Secretary | 3 | $0 | |
Richard C Handford Jr Treasurer | 4 | $0 | |
John Beard Director | 1 | $0 | |
Aaron Borders Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $65,330 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,685 |
| Total Revenue | $84,015 |
| 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 | $35,397 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $67,648 |
| Total expenses | $104,045 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,574 |
| Other assets | $0 |
| Total assets | $103,574 |
| Total liabilities | $0 |
| Net assets or fund balances | $103,574 |