Manors At Waterford Homeowners Association Inc is located in Plano, TX. The organization was established in 2013. 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. Manors At Waterford 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, Manors At Waterford Homeowners Association Inc generated $111.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $104.2k during the year ending 12/2023. While expenses have increased by 2.4% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
MAINTENANCE AND REPAIRS OF COMMON AREAS OF NEIGHBORHOOD
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicole Davis President | 2 | $0 | |
Craig Black Vice President | 2 | $0 | |
Karen Weber Secretary | 2 | $0 | |
Danny Pitts Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $108,800 |
Investment income | $2,665 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $175 |
Total Revenue | $111,640 |
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 | $23,205 |
Occupancy, rent, utilities, and maintenance | $57,344 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $23,663 |
Total expenses | $104,212 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $175,145 |
Other assets | $0 |
Total assets | $176,734 |
Total liabilities | $67,023 |
Net assets or fund balances | $109,711 |