Briarwood Home Owners Association Inc
- Assets
- $153.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Katy, TX
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 88-0174445
Organization Overview
Briarwood Home Owners Association Inc is located in Katy, TX. The organization was established in 2010. 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. Briarwood Home Owners 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 12/2021, Briarwood Home Owners Association Inc generated $127.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $102.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES FOR THE MANTENANCE AND UPKEEP OF COMMON AREA OF THE COMMUNITY INCLUDING CLUBHOUSE, POOL,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merce Ransom Secretary | 2 | $0 | |
Sasha Johnson President | 2 | $0 | |
Joanna Teitel Director | 2 | $0 | |
Jade Mcculloch Vice President | 2 | $0 | |
Kristen Simpson Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $117,576 |
| Investment income | $144 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,356 |
| Total Revenue | $127,076 |
| 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 | $25,756 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,738 |
| Other expenses | $71,154 |
| Total expenses | $102,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,379 |
| Other assets | $0 |
| Total assets | $153,121 |
| Total liabilities | $47,569 |
| Net assets or fund balances | $105,552 |
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