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Glen Oaksgrand Oaks Hoa Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050602352 ✦ Katy, TX ✦ Designated as a 501(c)(4)

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Overview

What is Glen Oaksgrand Oaks Hoa Inc?

Glen Oaksgrand Oaks Hoa Inc is a nonprofit organization, headquartered in Katy, Texas, specifically at 2002 W Grand Parkway N STE 100. Their primary role is to ensure the upkeep and maintenance of common areas, recreational facilities, and oversee architectural modifications within the community, as stipulated by the property's covenants, conditions, and restrictions. Their responsibilities encompass various aspects, including insurance, utilities, and conducting architectural reviews and improvements for the benefit of the property's owners and visitors. Their mission is to maintain the community's shared spaces and adhere to the established property regulations, contributing to a well-maintained and harmonious living environment for the community members.

Is Glen Oaksgrand Oaks Hoa Inc legitimate?

Glen Oaksgrand Oaks Hoa Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Glen Oaksgrand Oaks Hoa Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Glen Oaksgrand Oaks Hoa Inc?

Glen Oaksgrand Oaks Hoa Inc was established with a mission to manage and maintain the common areas, recreational facilities, and enforce architectural control within the property governed by the declaration of covenants, conditions, and restrictions. The organization is responsible for providing all necessary maintenance services, including insurance, utilities, and architectural reviews and improvements. Its primary goal is to ensure the well-being of property owners and visitors to the community by maintaining the amenities and adhering to architectural standards. The association's activities also include overseeing the recreational facilities and pool, ensuring they are well-maintained and safe for use by the community members.

Who is the CEO of Glen Oaksgrand Oaks Hoa Inc?

William Carroll is the President of Glen Oaksgrand Oaks Hoa Inc.

What is the revenue of Glen Oaksgrand Oaks Hoa Inc?

Glen Oaksgrand Oaks Hoa Inc's revenue in 2022 was $325,643.

Who are the executives of Glen Oaksgrand Oaks Hoa Inc and what are their salaries?


Here are 5 key members and their salaries:


Ron Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emmy Wiley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Martindale (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Carroll (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Carroll (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Glen Oaksgrand Oaks Hoa Inc?

Glen Oaksgrand Oaks Hoa Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Glen Oaksgrand Oaks Hoa Inc

Glen Oaksgrand Oaks Hoa Inc, as a organization, was established with a mission to oversee and maintain the common areas, recreational facilities, and architectural control of a property subject to a declaration of covenants, conditions, and restrictions. In simpler terms, this nonprofit is responsible for ensuring the upkeep and upgrades of shared spaces, amenities, and architectural standards within the community, benefiting both property owners and visitors. The association manages various aspects, including maintenance, insurance, utilities, and architectural reviews, all with the aim of enhancing the overall living experience for those residing in the community.

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Impact




October, 2024

Glen Oaksgrand Oaks Hoa Inc plays a crucial role in maintaining the quality of living within the community. By overseeing the upkeep of common areas and recreational facilities, it ensures that residents have access to well-maintained amenities that enhance their quality of life. This organization also manages architectural control, helping to preserve the aesthetic integrity of the neighborhood, which can positively influence property values.

The association handles all necessary maintenance tasks, including insurance and utilities for shared spaces, so residents can enjoy a seamless living experience without the burden of organizing these services individually. As a result, both owners and visitors benefit from a welcoming and attractive environment that fosters community spirit and enhances the overall appeal of the area.




This information is meant to be a general summary of Glen Oaksgrand Oaks Hoa Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$325,643 (2022)
Expenses
$314,781 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17
  • Program Service Revenue: $178,199
  • Gross Receipts: $325,643

Assets and Liabilities:

  • Total Assets: $111,881
  • Total Liabilities: $50,662
  • Net Assets: $61,219

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Maintenance Assessments

Revenue

$138,199

Developer funding

Revenue

$40,000

Organization Details

Founding Year

2013

Principal Officer

William Carroll

Main Address

2002 W Grand Parkway N STE 100, Katy, TX, 77449

NTEE Category

Code: L50 - Housing

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