Lakes Of Parkway Homeowners Assoc Inc

Organization Overview

Lakes Of Parkway Homeowners Assoc Inc is located in Dallas, TX. The organization was established in 2014. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakes Of Parkway Homeowners Assoc 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 12/2022, Lakes Of Parkway Homeowners Assoc Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. While expenses have increased by 6.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE ASSOCIATION IS THE MAINTENANCE AND PRESERVATION OF THE COMMUNITY AT LARGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTING THE COMMON GOOD AND THE GENERAL WELFARE OF THE PUBLIC AND COMMUNITY AT LARGE AND THE MAINTENANCE AND MANAGEMENT OF ASSOCIATION PROPERTY.


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Board, Officers & Key Employees

Name (title)Compensation
Kelly Brezger
Secretary
$0
Tammy S Meador
Vice Preside
$0
Christopher C Jones
Treasurer
$0
Duane Heckmann
President
$0
John Miers
Director
$0
Andrea Maher
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,431,730
Investment income $4,203
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,435,933

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