Ladera Trails Community Association is located in Cypress, TX. 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. Ladera Trails Community Association 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, Ladera Trails Community Association generated $181.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $182.8k 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 PROMOTE THE HEALTH SAFETY AND WELFARE OF THE COMMUNITY AT LARGE BY PROVIDING SERVICES MUCH LIKE A QUASI GOVERNMENTAL UNIT
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Kim Stewart President | 0 | $0 | |
| Chris Ferguson Vice President | 0 | $0 | |
| Brett Guillot Secretary | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $135,105 | 
| Investment income | $135 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $46,334 | 
| Total Revenue | $181,574 | 
| 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 | $125,083 | 
| Occupancy, rent, utilities, and maintenance | $51,948 | 
| Printing, publications, postage, and shipping | $282 | 
| Other expenses | $5,505 | 
| Total expenses | $182,818 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,470 | 
| Other assets | $0 | 
| Total assets | $97,470 | 
| Total liabilities | $49,609 | 
| Net assets or fund balances | $47,861 |