Freeport Southwest Owners Assn Inc is located in Houston, TX.
For the year ending 12/2023, Freeport Southwest Owners Assn Inc generated $59.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $57.5k 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
TO PRESERVE AND MAINTAIN THE COMMON AREA PROPERTY OF THE ASSOCIATION AND COMMUNITY AT LARGE
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $54,599 |
Investment income | $352 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,367 |
Total Revenue | $59,318 |
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 | $37,353 |
Occupancy, rent, utilities, and maintenance | $762 |
Printing, publications, postage, and shipping | $350 |
Other expenses | $19,000 |
Total expenses | $57,465 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $170,251 |
Other assets | $0 |
Total assets | $204,385 |
Total liabilities | $0 |
Net assets or fund balances | $204,385 |