Valley Estates Association Of Property Owners Inc
- Assets
- $435.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Weldon, CA
- Founding
- 01/1992
- Data as of
- 08/2024
- EIN
- 77-0247668
Organization Overview
Valley Estates Association Of Property Owners Inc is located in Weldon, CA. The organization was established in 1992. 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. Valley Estates Association Of Property Owners Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 08/2024, Valley Estates Association Of Property Owners Inc generated $89.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $67.6k during the year ending 08/2024. While expenses have increased by 1.0% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
MAINTAIN OUR PRIVATE ROAD SYSTEM, MAINTAIN OUR COMMUNITY CENTER AND PROVIDE AMPLE SAFE CLEAN DRINKING WATER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Collins President | 1 | $0 | |
Todd Noble Vice President | 1 | $0 | |
Evelyn Simas Board Member | 1 | $0 | |
Michael Higgins CFO / Water Master | 5 | $0 | |
Isabelle Campbell Secretary | 1 | $0 | |
Cynthia Fluery Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $87,909 |
| Investment income | $1,245 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,154 |
| 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 | $6,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,589 |
| Total expenses | $67,589 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $342,683 |
| Other assets | $0 |
| Total assets | $435,199 |
| Total liabilities | $0 |
| Net assets or fund balances | $435,199 |