Waterstone Community Assoc

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

EIN: 208516055 ✦ Katy, TX ✦ Designated as a 501(c)(4)

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Overview

What is Waterstone Community Assoc?

Waterstone Community Assoc is a nonprofit organization situated in Katy, Texas, with the address 2002 WEST GRAND PARKWAY N STE 100. Their mission is to prioritize the health, safety, and welfare of the community at large, acting as a quasi-governmental entity. They provide various services to benefit the community as a whole, embodying their commitment to the wellbeing of their locale.

Is Waterstone Community Assoc legitimate?

Waterstone Community Assoc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Waterstone Community Assoc 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 Waterstone Community Assoc?

Waterstone Community Assoc's mission is centered around ensuring the well-being and safety of the community at large. In essence, they strive to serve the community, much like a quasi-governmental unit, focusing on various aspects that contribute to the community's health and safety. Their objectives extend to providing necessary services to the community, aiming to enhance the overall quality of life for its residents.

Who is the CEO of Waterstone Community Assoc?

David Fontaine is the Treasurer of Waterstone Community Assoc.

What is the revenue of Waterstone Community Assoc?

Waterstone Community Assoc's revenue in 2022 was $651,105.

Who are the executives of Waterstone Community Assoc and what are their salaries?


Here are 4 key members and their salaries:


Allison Obert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armando Chavez (Secretar6Y)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fontaine (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Cook (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Waterstone Community Assoc?

Waterstone Community Assoc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Waterstone Community Assoc

Waterstone Community Assoc, as stated in its mission description, is committed to ensuring the health, safety, and welfare of the community at large. Acting much like a quasi-governmental unit, this organization provides services to the community, dedicating its efforts towards the betterment and well-being of its residents. By taking on this role, Waterstone Community Assoc seeks to contribute positively to the community, aiming to improve the overall quality of life for its members.

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Impact




October, 2024

Waterstone Community Association plays a crucial role in enhancing the health, safety, and welfare of its community in Katy, TX. By offering services akin to those of a quasi-governmental unit, it addresses essential needs that contribute to overall community well-being. This includes fostering a safe living environment and providing resources that improve housing quality and accessibility. Through its dedicated efforts, the association ensures that residents have a support system in place, ultimately enhancing their quality of life and fostering a sense of community.




This information is meant to be a general summary of Waterstone Community Assoc. 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
$651,105 (2022)
Expenses
$743,231 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,177
  • Gross Receipts: $651,105

Assets and Liabilities:

  • Total Assets: $517,989
  • Total Liabilities: $244,460
  • Net Assets: $273,529

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Organization Details

Founding Year

2006

Principal Officer

David Fontaine

Main Address

2002 WEST GRAND PARKWAY N STE 100, Katy, TX, 77449

NTEE Category

Code: L50 - Housing

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