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The Grove Frisco Residential Community Inc

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

EIN: 352616909 ✦ Dallas, TX ✦ Designated as a 501(c)(4)

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Overview

What is The Grove Frisco Residential Community Inc?

The Grove Frisco Residential Community Inc, located in Dallas, Texas, serves as a nonprofit organization primarily focused on maintaining and administering the common areas for the residents within the community. Their mission encompasses the care and upkeep of the association property, ensuring the common areas of the neighborhood remain well-maintained and functional. Additionally, they manage the amenities within the community, contributing to the overall benefit and enjoyment of the residents.

Is The Grove Frisco Residential Community Inc legitimate?

The Grove Frisco Residential Community Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Grove Frisco Residential Community 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 The Grove Frisco Residential Community Inc?

The mission of The Grove Frisco Residential Community Inc, as outlined in their description, is centered around maintaining and managing the common areas of the associated property for the benefit of the neighborhood. This community organization is dedicated to preserving and enhancing the shared spaces, ensuring the comfort and enjoyment of its residents. The management of amenities is another key responsibility, aiming to provide a top-notch living experience for all members of the association.

Who is the CEO of The Grove Frisco Residential Community Inc?

Nkos Osekre is the Principal Officer of The Grove Frisco Residential Community Inc.

What is the revenue of The Grove Frisco Residential Community Inc?

The Grove Frisco Residential Community Inc's revenue in 2022 was $1,629,087.

Who are the executives of The Grove Frisco Residential Community Inc and what are their salaries?

There 3 volunteers at The Grove Frisco Residential Community Inc.


Here are 3 key members and their salaries:


Scott Molloy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Curtis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julenne Rushing (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Grove Frisco Residential Community Inc?

The Grove Frisco Residential Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Grove Frisco Residential Community Inc

The Grove Frisco Residential Community Inc is dedicated to ensuring the maintenance and management of the common areas within its association property. This mission is carried out for the benefit of the neighborhood, with the primary goal of enhancing the living conditions for its members. The organization is responsible for overseeing the upkeep of the shared facilities, ensuring they remain in good condition and are well-maintained. This commitment to property maintenance and amenity management contributes to a harmonious and well-maintained community, enhancing the overall living experience for its residents.

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Impact




October, 2024

The Grove Frisco Residential Community Inc plays a vital role in enhancing the quality of life for residents within the neighborhood by ensuring the maintenance and administration of common areas. By focusing on property maintenance, the organization creates a welcoming and attractive environment that fosters pride among community members.

The effective management of amenities adds significant value, promoting social interactions and a sense of belonging. The emphasis on maintaining shared spaces contributes to a cohesive community spirit, offering residents a safe and enjoyable environment for recreational activities. Ultimately, The Grove Frisco Residential Community Inc significantly enhances the overall living experience in the neighborhood, benefiting all members by cultivating a supportive and well-kept residential area.




This information is meant to be a general summary of The Grove Frisco Residential Community 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
$1,629,087 (2022)
Expenses
$2,233,235 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $425
  • Program Service Revenue: $679,059
  • Gross Receipts: $1,629,087

Assets and Liabilities:

  • Total Assets: $482,775
  • Total Liabilities: $834,362
  • Net Assets: -$351,587

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Programs

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

BUILDER ASSESSMENT

Revenue

$105,723

FRONTAL YARD INCOME

Revenue

$503,336

WORKING CAPITAL CONTRIBUTION

Revenue

$70,000

Organization Details

Founding Year

2017

Principal Officer

Nkos Osekre

Main Address

12700 HILLCREST RD, DALLAS, TX, 75230

NTEE Category

Code: L50 - Housing

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