West Hill Estates Homeowners Association
- Assets
- $99.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OR
- Founding
- 03/1996
- Data as of
- 06/2024
- EIN
- 93-1183146
Organization Overview
West Hill Estates Homeowners Association is located in Salem, OR. The organization was established in 1996. 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. West Hill Estates Homeowners 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 06/2024, West Hill Estates Homeowners Association generated $63.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $47.8k during the year ending 06/2024. While expenses have increased by 1.5% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andi Stout Treasurer | 5 | $0 | |
Bob Aceves At Large | 5 | $0 | |
John Galvin Vice Preside | 5 | $0 | |
Greg Malkasian President | 10 | $0 | |
Stephen Gordon Secretary | 5 | $0 | |
Peter Stafford At Large | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $62,874 |
| Investment income | $323 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,197 |
| 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 | $23,511 |
| Occupancy, rent, utilities, and maintenance | $6,111 |
| Printing, publications, postage, and shipping | $1,741 |
| Other expenses | $16,473 |
| Total expenses | $47,836 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,831 |
| Other assets | $0 |
| Total assets | $99,831 |
| Total liabilities | $356 |
| Net assets or fund balances | $99,475 |