Norita Court Homeowners Assoc is located in San Jose, CA. The organization was established in 1998. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norita Court Homeowners Assoc 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, Norita Court Homeowners Assoc generated $38.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $42.9k 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
PURPOSE OF THE HOA - TO PROVIDE SERVICES TO OUR MEMBERS SUCH AS PURCHASING MUTUAL TRASH & WATER SERVICE, MUTUAL INSURANCE, MUTUAL GARDENING & MAINTENANCE SERVICE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathryn Perez Treasurer | 0 | $0 | |
Jenny Parra President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $38,200 |
Investment income | $7 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $38,207 |
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 | $424 |
Occupancy, rent, utilities, and maintenance | $32,057 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $10,422 |
Total expenses | $42,903 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $76,489 |
Other assets | $0 |
Total assets | $117,569 |
Total liabilities | $0 |
Net assets or fund balances | $117,569 |