Levis Town Square Owners Association Inc
- Assets
- $67.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Perrysburg, OH
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 83-2758431
Organization Overview
Levis Town Square Owners Association Inc is located in Perrysburg, OH. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Levis Town Square Owners Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Levis Town Square Owners Association Inc generated $125.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $156.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO OVERSEE AND MANAGE THE USE AND MAINTENANCE OF THE COMMON AREAS OF THE MIXED-USE DEVELOPMENT LOCATED IN LEVIS PARK, A SUBDIVISION IN PERRYSBURG, OHIO, COMMONLY REFERRED TO AS THE "TOWN SQUARE"
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Stambaugh President | 1 | $0 | |
Ronald Hutcheson Director | 1 | $0 | |
Izzet Sorzeri Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $125,681 |
| Investment income | $73 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,754 |
| 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 | $1,405 |
| Occupancy, rent, utilities, and maintenance | $155,229 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $156,634 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,002 |
| Other assets | $0 |
| Total assets | $67,002 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,002 |