Overview
What is Canterbury Park Hoa?
Canterbury Park Hoa is a Houston, Texas-based nonprofit organization that manages various funds for its operations. They allocate resources for administrative tasks, meetings, storage, and even install security cameras. Additionally, they set aside funds for interest, cover bad debt, and invest in insurance. A significant portion of their budget, approximately 88,500 dollars, is dedicated to capital improvements, suggesting a focus on long-term development. The organization's exact mission or activities are not specified in the information provided, but it can be inferred that they manage these funds for the betterment of their community or members.
Is Canterbury Park Hoa legitimate?
Canterbury Park Hoa is a legitimate nonprofit organization registered as a 501(c)(4) entity. Canterbury Park Hoa 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 Canterbury Park Hoa?
Canterbury Park Hoa is an organization that manages various funds for its operations. Its budget allocation includes funds for administration, meetings, storage, security, and interest. The organization also sets aside funds for capital improvements, insurance, and bad debt. While the provided information does not include a mission statement, it can be inferred that Canterbury Park Hoa's mission likely involves managing these funds effectively and efficiently to serve its community. However, without explicit information, the exact mission statement remains unknown.
Who is the CEO of Canterbury Park Hoa?
Melissa Lusby is the President of Canterbury Park Hoa.
What is the revenue of Canterbury Park Hoa?
Canterbury Park Hoa's revenue in 2022 was $152,980.
Who are the executives of Canterbury Park Hoa and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Canterbury Park Hoa?
Canterbury Park Hoa's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Canterbury Park Hoa
Canterbury Park Hoa is an organization that manages various funds for its operations. Among these funds, it allocates money for administration, meetings, storage, and interest. The organization also invests in security measures, allocating a certain amount for cameras. Furthermore, Canterbury Park Hoa pays for insurance coverage and makes significant investments towards capital improvements. While the mission description provided in the information is not explicit, it can be inferred that the organization's primary role is to manage and allocate funds effectively for the betterment of its operations and community.
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Impact
October, 2024
Canterbury Park HOA plays a significant role in managing the resources and infrastructure of its community in Houston, TX. The allocation of funds reflects a commitment to maintaining and enhancing the neighborhood, with a notable emphasis on capital improvements, which received $88,500. This investment directly impacts the quality of living for residents by contributing to the upkeep and enhancement of communal spaces.
Furthermore, the budget for security cameras ($1,941) highlights the organization’s dedication to safety, potentially increasing residents' sense of security and wellbeing. The allocation for insurance ($7,550) ensures that the community is protected against unforeseen events, further stabilizing the living environment.
Budgeting for administrative costs, meetings, and storage demonstrates a structured approach to governance that fosters transparency and effective communication among residents. Additionally, the provision for bad debt ($433) indicates prudence in financial management, ensuring that the association remains fiscally responsible.
Overall, Canterbury Park HOA has a considerable impact on the community by prioritizing safety, maintaining infrastructure, and ensuring a well-managed environment for its residents.
This information is meant to be a general summary of Canterbury Park Hoa. 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.
- Investment Income: $165
- Gross Receipts: $152,980
Assets and Liabilities:
- Total Assets: $217,044
- Total Liabilities: $255,463
- Net Assets: -$38,419
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Organization Details
Phone
(281) 343-9178Principal Officer
Melissa Lusby
Main Address
16690 PARK ROW, Houston, TX, 77084
NTEE Category
Code: L50 - Housing
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