Overview
What is Towne & Terrace Corp?
Towne & Terrace Corp is a homeowners' association management company based on the information provided. They are responsible for overseeing and maintaining the well-being of 179 properties within the association. Their duties include providing legal representation, ensuring regular lawn care and snow removal, and collecting management fees. Their role is to ensure the upkeep and smooth operation of these properties for the benefit of the homeowners associated with them.
Is Towne & Terrace Corp legitimate?
Towne & Terrace Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Towne & Terrace Corp submitted a form 990EZ, 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.
What is the mission statement of Towne & Terrace Corp?
Towne & Terrace Corp's primary mission is to manage and maintain the 179 properties within a homeowners' association. This involves providing legal representation, ensuring regular lawn care, managing snow removal, and overseeing the necessary upkeep fees. The corporation's role is to ensure the smooth operation and upkeep of these properties, acting as a central point of management for the homeowners' association.
Who is the CEO of Towne & Terrace Corp?
Elizabeth Durden is the President of Towne & Terrace Corp.
What is the revenue of Towne & Terrace Corp?
Towne & Terrace Corp's revenue in 2022 was $196,544.
Who are the executives of Towne & Terrace Corp and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Towne & Terrace Corp?
Towne & Terrace Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Towne & Terrace Corp
Towne & Terrace Corp, as a homeowners' association, is dedicated to managing and maintaining the well-being of 179 properties. Their mission encompasses providing legal representation, ensuring regular lawn care, and handling snow removal tasks. Furthermore, the corporation collects and manages fees for these services, ensuring that the properties remain in good condition. In essence, Towne & Terrace Corp acts as a steward for its members, ensuring that their homes are well-maintained and their rights are protected within the confines of the association.
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Impact
October, 2024
Towne & Terrace Corp significantly impacts the community by providing essential services that enhance the quality of life for residents in the homeowners' association. Through comprehensive legal representation, the organization ensures that homeowners' rights are protected and that they are informed about property laws and regulations. The provision of lawn care and snow removal services contributes to maintaining the aesthetic appeal and safety of the properties, fostering a pleasant living environment.
By managing the upkeep of 179 properties, Towne & Terrace Corp supports property values and community standards, promoting a sense of pride among residents. The management fees collected facilitate ongoing maintenance and improvements within the neighborhood, leading to a well-maintained and cohesive community. Overall, Towne & Terrace Corp plays a vital role in nurturing a supportive living environment in Indianapolis, ensuring that homeowners can enjoy their properties without the burden of managing these responsibilities alone.
This information is meant to be a general summary of Towne & Terrace Corp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $196,544
Assets and Liabilities:
- Total Assets: $162,820
- Total Liabilities: $0
- Net Assets: $162,820
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Organization Details
Phone
(317) 824-7857Principal Officer
Elizabeth Durden
Main Address
5645 E RAYMOND STREET, INDIANAPOLIS, IN, 46203
NTEE Category
Code: L50 - Housing
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