The Lakes at 610 Owners Association is located in Katy, TX.
For the year ending 12/2023, Lakes at 610 Owners Association generated $197.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $132.9k during the year ending 12/2023. 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
THE ASSOCIATIONS PURPOSE IS TO PRESERVE AND MAINTAIN THE COMMUNITY AT LARGE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Pappas President | 2 | $0 | |
Claire Ellington Vice President | 2 | $0 | |
Fernando Somoza Treasurer | 2 | $0 | |
Warren Davis Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $193,057 |
| Investment income | $3,228 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,357 |
| Total Revenue | $197,642 |
| 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 | $18,509 |
| Occupancy, rent, utilities, and maintenance | $100,491 |
| Printing, publications, postage, and shipping | $620 |
| Other expenses | $13,280 |
| Total expenses | $132,900 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,486 |
| Other assets | $0 |
| Total assets | $286,248 |
| Total liabilities | $21,432 |
| Net assets or fund balances | $264,816 |