Commons At Willowbrook Inc
- Assets
- $86.9m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 12/1995
- Data as of
- 12/2021
- EIN
- 94-3211759
Organization Overview
Commons At Willowbrook Inc is located in Dallas, TX. The organization was established in 1995. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, 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.
For the year ending 12/2021, Commons At Willowbrook Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ACQUIRE REAL PROPERTY AND REMIT NET INCOME TO TAX-EXEMPT SHAREHOLDER OF THIS ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATED THE RENTAL REAL ESTATE PROPERTY FOR ITS TAX EXEMPT SHAREHOLDER, THE ALASKA PERMANENT FUND (TAX ID NUMBER 92-6001185). TOTAL DISTRIBUTIONS TO ITS SHAREHOLDER IN 2021 WERE $3,518,565.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacie S Crown President/chairman/directo | OfficerTrustee | 0 | $0 |
Jennifer A Hanson Director/treasurer/secreta | OfficerTrustee | 0 | $0 |
G Andrews Smith Director | OfficerTrustee | 0 | $0 |
Peter Aburrow Vice President | Officer | 0 | $0 |
Michael Formanek Vice President | Officer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stream Realty Partners Houston Lp Property Management And Leasing | 12/30/21 | $267,608 |
Guardtexas Inc Security | 12/30/21 | $217,343 |
Lawn Management Company Lawn Maintenance And Landcaping | 12/30/21 | $197,645 |
Heritage Way Repairs And Maint | 12/30/21 | $168,321 |
Federal Maintenance Svcs Inc Repairs And Maint | 12/30/21 | $105,235 |
View All Vendors
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,798 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,109,973 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,111,771 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,887,656 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $723,663 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $71,536 |
| Net Land, buildings, and equipment | $71,899,347 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,907,859 |
| Other assets | $450,034 |
| Total assets | $86,940,095 |
| Accounts payable and accrued expenses | $1,774,812 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $39,184,300 |
| Other liabilities | $428,702 |
| Total liabilities | $41,387,814 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $204,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | -$65,994,101 |
| Retained earnings, endowment, accumulated income, or other funds | $111,342,382 |
| Total liabilities and net assets/fund balances | $86,940,095 |
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Nochi Real Estate Inc New Orleans, LA | $19,922,264 | $1,302,004 |
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