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Bay River Colony Homeowners Association

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

EIN: 208465873 ✦ Houston, TX ✦ Designated as a 501(c)(4)

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Overview

What is Bay River Colony Homeowners Association?

The Bay River Colony Homeowners Association is a nonprofit organization tasked with maintaining and looking after the community's parks and common areas. They strictly adhere to deed restrictions, ensuring harmony within the community. They outsource relevant contract services to manage these areas effectively and maintain the condition of community amenities. This includes overseeing repairs and necessary maintenance, as well as managing related taxes. In essence, their role is to preserve the aesthetics and functionality of the community while enforcing regulations for a harmonious living environment.

Is Bay River Colony Homeowners Association legitimate?

Bay River Colony Homeowners Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bay River Colony Homeowners Association 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 Bay River Colony Homeowners Association?

The Bay River Colony Homeowners Association is dedicated to maintaining the quality of its parks and common areas. This includes enforcing deed restrictions, ensuring the areas are well-maintained through contracted services, and overseeing the repair and upkeep of community amenities. The association is also responsible for managing relevant taxes associated with these facilities, ensuring a clean and orderly environment for its members.

Who is the CEO of Bay River Colony Homeowners Association?

Nicholas Garner is the Vice President of Bay River Colony Homeowners Association.

What is the revenue of Bay River Colony Homeowners Association?

Bay River Colony Homeowners Association's revenue in 2022 was $318,952.

Who are the executives of Bay River Colony Homeowners Association and what are their salaries?

There 4 volunteers at Bay River Colony Homeowners Association.


Here are 4 key members and their salaries:


Gina Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Meunier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Garner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Slaughter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bay River Colony Homeowners Association?

Bay River Colony Homeowners Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bay River Colony Homeowners Association

The Bay River Colony Homeowners Association is committed to the care and maintenance of the community's parks and common areas. In this role, they ensure that these spaces are well-maintained and functioning as intended. Furthermore, the association enforces deed restrictions within the community, ensuring that all homeowners adhere to the agreed-upon rules and regulations. To fulfill these responsibilities, they contract services for the upkeep of these areas and facilities, and oversee the repair and maintenance of community amenities. Relevant taxes are also managed within this context. In essence, the Bay River Colony Homeowners Association plays a crucial role in preserving the aesthetic and functional integrity of the community, while also ensuring adherence to established rules and regulations.

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Impact




October, 2024

Bay River Colony Homeowners Association has a significant impact on the community by ensuring the maintenance and aesthetic appeal of parks and common areas, fostering a welcoming environment for residents. Their efforts in caring for these spaces enhance the quality of life for residents, providing areas for recreation and social interaction. Moreover, by enforcing deed restrictions, they contribute to maintaining property values and community standards, promoting a cohesive and attractive neighborhood. The association also manages contract services for repairs and maintenance of community amenities, ensuring that they remain functional and accessible. Overall, their work supports a vibrant community life in Bay River Colony, positively influencing both resident satisfaction and property sustainability.




This information is meant to be a general summary of Bay River Colony Homeowners Association. 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
$318,952 (2022)
Expenses
$393,213 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $56
  • Program Service Revenue: $318,896
  • Gross Receipts: $318,952

Assets and Liabilities:

  • Total Assets: $249,301
  • Total Liabilities: $91,225
  • Net Assets: $158,076

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Programs

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

Assessments

Revenue

$224,920

Collection & Late Fees

Revenue

$93,976

Organization Details

Founding Year

2006

Principal Officer

Nicholas Garner

Main Address

17049 El Camino Real STE 100, Houston, TX, 77058

NTEE Category

Code: L50 - Housing

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