Lakes In Bay Colony Homeowners Association Inc
- Assets
- $115.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- Data as of
- 12/2023
- EIN
- 76-0612597
Organization Overview
Lakes In Bay Colony Homeowners Association Inc is located in Houston, TX. 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. Lakes In Bay Colony 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 12/2023, Lakes In Bay Colony Homeowners Association Inc generated $118.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $126.5k during the year ending 12/2023. 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 |
|---|---|---|---|
Frank Harrigan President | 2 | $0 | |
Randall Connell Vice President | 2 | $0 | |
Raegan Reinhart Director | 2 | $0 | |
Bill Handy Director | 2 | $0 | |
Christie Kent Sec/treas | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $118,596 |
| Investment income | $152 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,748 |
| 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 | $18,840 |
| Occupancy, rent, utilities, and maintenance | $1,921 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $105,776 |
| Total expenses | $126,537 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,875 |
| Other assets | $0 |
| Total assets | $115,941 |
| Total liabilities | $45,189 |
| Net assets or fund balances | $70,752 |