Arrowhead Property Owners Association
- Assets
- $203.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edenton, NC
- Founding
- 07/1977
- Data as of
- 04/2023
- EIN
- 56-1072966
Organization Overview
Arrowhead Property Owners Association is located in Edenton, NC. The organization was established in 1977. 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. Arrowhead Property Owners Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 04/2023, Arrowhead Property Owners Association generated $81.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $69.6k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 8 years. 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
OPERATED PARK AND CLUBHOUSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Brown President | 0 | $0 | |
Debby Parker Treasurer | 0 | $0 | |
John Lillard Vice Preside | 0 | $0 | |
Leslie Jewell Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,347 |
| Total Program Service Revenue | $3,137 |
| Membership dues | $5,813 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,297 |
| 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 | $4,694 |
| Occupancy, rent, utilities, and maintenance | $53,064 |
| Printing, publications, postage, and shipping | $3,143 |
| Other expenses | $8,685 |
| Total expenses | $69,586 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,397 |
| Other assets | $0 |
| Total assets | $203,917 |
| Total liabilities | $0 |
| Net assets or fund balances | $203,917 |