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Htowne Lake Community Association Inc

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

EIN: 261363151 ✦ Cypress, TX ✦ Designated as a 501(c)(4)

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Overview

What is Htowne Lake Community Association Inc?

Htowne Lake Community Association Inc is a nonprofit organization situated in Dallas, Texas. Their primary mission is centered around promoting social welfare and maintaining the common areas within their community. This involves various initiatives aimed at enhancing the overall well-being of the community members and ensuring the upkeep of shared spaces.


Official website here: www.townelaketexas.com

What do the Facebook reviews say about Htowne Lake Community Association Inc?

92% of 457 reviewers on Facebook recommend Htowne Lake Community Association Inc. Here is a summary of their reviews:

Many users express positive sentiments regarding the community, highlighting the beauty of the homes and the quality of the school district. The amenities offered are also frequently praised, contributing to an overall appealing living environment.

Overall, the association seems to successfully meet the expectations of its residents, creating a favorable impression and encouraging recommendations among community members.


This AI summary has been generated from reviews found on Facebook.

Is Htowne Lake Community Association Inc legitimate?

Htowne Lake Community Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Htowne Lake Community Association 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: $128,530

For more financial information, click here


Official website here: www.townelaketexas.com

What is the mission statement of Htowne Lake Community Association Inc?

The Htowne Lake Community Association Inc is committed to promoting social welfare and ensuring the maintenance of common areas. Their mission is twofold, with a focus on improving the community's overall wellbeing and keeping the shared spaces in good condition. By doing so, they aim to foster a sense of unity and community among its members. The association strives to uphold these objectives through various initiatives, always with the betterment of the community in mind.


Official website here: www.townelaketexas.com

What is the revenue of Htowne Lake Community Association Inc?

Htowne Lake Community Association Inc's revenue in 2023 was $2,182,272.


Official website here: www.townelaketexas.com

Who are the executives of Htowne Lake Community Association Inc and what are their salaries?

Here are 5 key members and their salaries:


Ramiro Cano Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim R Cullen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Casey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindie Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Folmar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.townelaketexas.com

Where can I find the form 990 for Htowne Lake Community Association Inc?

Htowne Lake Community Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.townelaketexas.com

Learn more at the official website: www.townelaketexas.com

Mission Statement of Htowne Lake Community Association Inc

Htowne Lake Community Association Inc is committed to the promotion of social welfare and the maintenance of common areas. This mission is at the heart of their operations, guiding their actions and decisions. By promoting social welfare, the association seeks to enhance the quality of life for the community members, fostering a sense of unity and mutual support. In addition, the association takes responsibility for maintaining the common areas, ensuring they remain clean, safe, and well-maintained for everyone to enjoy. This dedication to community welfare and shared spaces is a testament to Htowne Lake Community Association Inc's commitment to its members and the values it upholds.

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Impact




October, 2024

Htowne Lake Community Association Inc significantly enhances the quality of life for residents in Dallas, TX, through its commitment to promoting social welfare and maintaining common areas. By fostering a sense of community, the association organizes events and activities that encourage social interaction among residents, strengthening neighborhood ties and improving overall well-being.

The maintenance of shared spaces ensures that residents have access to clean, safe, and pleasant environments, which can lead to increased property values and a sense of pride in the community. This focus on social welfare not only benefits individuals but also cultivates a vibrant, cohesive neighborhood that is inviting to new families and fosters long-term residency. Through its dedicated efforts, Htowne Lake Community Association Inc plays a vital role in enhancing community engagement and promoting a high standard of living for its residents.




This information is meant to be a general summary of Htowne Lake Community Association 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
$2,182,272 (2023)
Expenses
$2,240,822 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $91,467
  • Program Service Revenue: $2,019,053
  • Gross Receipts: $2,182,272

Assets and Liabilities:

  • Total Assets: $3,025,108
  • Total Liabilities: $2,442,745
  • Net Assets: $582,363

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Programs

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

REGULAR ASSESSMENTS

Revenue

$1,058,767

CLUB FUND INCOME

Revenue

$77,846

TL FOUNDATION INCOME

Revenue

$99,029

CLOSING CONTRIBUTIONS

Revenue

$43,000

ASSESSMENTS REALIZED

Revenue

$740,411

Organization Details

Founding Year

2007

Principal Officer

Ramiro Cano Jr

NTEE Category

Code: L50 - Housing

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