Prado Del Sol-Rancho Bonita Homeowners Association Inc is located in Carmel, CA. The organization was established in 1984. 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. Prado Del Sol-Rancho Bonita 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 12/2022, Prado Del Sol-Rancho Bonita Homeowners Association Inc generated $25.0k 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 (8.7%) each year. All expenses for the organization totaled $42.0k 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
ROADWAY RE-SURFACING FOR APPROXIMATELY ONE MILE OF ROADS AND FINGER ACCESS ROADS.LIABILITY INSURANCE, LANDSCAPING, AND POST OFFICE BOX REPAIR FOR 25 HOMEOWNERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rich Ravalin President | 1 | $0 | |
Michael Addison Secretary | 1 | $0 | |
Clarke Herbert Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $25,000 |
Investment income | $6 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $25,006 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $36,125 |
Printing, publications, postage, and shipping | $198 |
Other expenses | $5,650 |
Total expenses | $41,973 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $31,087 |
Other assets | $0 |
Total assets | $31,087 |
Total liabilities | $0 |
Net assets or fund balances | $31,087 |