Marlow Lake Homeowners Association Inc
- Assets
- $292.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cypress, TX
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-1377947
Organization Overview
Marlow Lake Homeowners Association Inc is located in Cypress, TX. The organization was established in 2019. 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. Marlow Lake 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, Marlow Lake Homeowners Association Inc generated $142.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $113.7k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 5 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
THE ASSOCIATION PROVIDES SERVICES TO THE COMMUNITY AT LARGE MUCH LIKE A CITYLIKE GOVERNMENTAL UNIT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Leblanc Sr President | 0 | $0 | |
Jerry Leblanc Jr Vice President | 0 | $0 | |
Alissa Leblanc Secretary Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $110,099 |
| Investment income | $733 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $31,781 |
| Total Revenue | $142,613 |
| 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 | $108,648 |
| Occupancy, rent, utilities, and maintenance | $273 |
| Printing, publications, postage, and shipping | $603 |
| Other expenses | $4,191 |
| Total expenses | $113,715 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $292,795 |
| Other assets | $0 |
| Total assets | $292,795 |
| Total liabilities | $47,225 |
| Net assets or fund balances | $245,570 |