Meadow Brook Townhomes Association is located in Birmingham, AL.
For the year ending 12/2023, Meadow Brook Townhomes Association generated $85.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $97.5k during the year ending 12/2023. While expenses have increased by 5.8% 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FOR MAINTENANCE OF THE COMMON AREAS, AND SECURITY OF THE MEMBERS OF THE ASSOCATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Wallace President | 10 | $0 | |
Marion Morris Secretary | 3 | $0 | |
Kathy Smith Treasurer | 3 | $0 | |
Sarah Cahela Board Member | 1 | $0 | |
Rene Bass Acc | 1 | $0 | |
Aletha Brathwaite Acc | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $85,600 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,605 |
| 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 | $91,689 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $901 |
| Other expenses | $4,863 |
| Total expenses | $97,453 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,860 |
| Other assets | $0 |
| Total assets | $78,060 |
| Total liabilities | $2,137 |
| Net assets or fund balances | $75,923 |