Sugarland Run Townhouse Owners Association Inc

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

EIN: 540936418 ✦ Sterling, VA ✦ Designated as a 501(c)(4)

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Overview

What is Sugarland Run Townhouse Owners Association Inc?

The Sugarland Run Townhouse Owners Association Inc is a nonprofit organization situated in Sterling, Virginia. Its primary purpose is to act as a representative body for both homeowners and renters residing within the area. Last year, they reportedly amassed revenues amounting to $572,978. The association's main responsibility lies in the upkeep and maintenance of common property within the community, ensuring a harmonious living environment for its members.


Official website here: www.srhoa.com

Is Sugarland Run Townhouse Owners Association Inc legitimate?

Sugarland Run Townhouse Owners Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Sugarland Run Townhouse Owners 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: $0

For more financial information, click here


Official website here: www.srhoa.com

What is the mission statement of Sugarland Run Townhouse Owners Association Inc?

The Sugarland Run Townhouse Owners Association's primary role is to oversee the maintenance of common property. This organization serves both homeowners and renters, demonstrating its inclusivity. Last year, the association generated a significant revenue of $572,978, indicating its financial sustainability. However, the mission statement of the Sugarland Run Townhouse Owners Association Inc is not explicitly provided in the given information, limiting our ability to provide a detailed summary of its mission.


Official website here: www.srhoa.com

Who is the CEO of Sugarland Run Townhouse Owners Association Inc?

Marit Hughes is the President of Sugarland Run Townhouse Owners Association Inc.


Official website here: www.srhoa.com

What is the revenue of Sugarland Run Townhouse Owners Association Inc?

Sugarland Run Townhouse Owners Association Inc's revenue in 2022 was $597,099.


Official website here: www.srhoa.com

Who are the executives of Sugarland Run Townhouse Owners Association Inc and what are their salaries?

There 3 volunteers at Sugarland Run Townhouse Owners Association Inc.


Here are 3 key members and their salaries:


Marit Hughes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Hannan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Piacente (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.srhoa.com

Where can I find the form 990 for Sugarland Run Townhouse Owners Association Inc?

Sugarland Run Townhouse Owners Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.srhoa.com

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

Mission Statement of Sugarland Run Townhouse Owners Association Inc

Sugarland Run Townhouse Owners Association, serving as a representative body, plays a crucial role in maintaining the common property for housing owners and renters. Its primary mission is to oversee and manage the shared areas within the community, ensuring their upkeep and maintenance. Last year, the association successfully generated a revenue of $572,978, demonstrating its effectiveness and commitment to its responsibilities.

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Impact




October, 2024

Sugarland Run Townhouse Owners Association Inc plays a crucial role in maintaining and enhancing the quality of life for residents in Sterling, VA. By overseeing the upkeep of common properties, the association ensures that shared spaces are well-maintained, providing a safe and aesthetically pleasing environment for homeowners and renters alike. Their efforts contribute to a cohesive community atmosphere, fostering a sense of belonging among residents.

With revenues of $572,978 generated last year, the association effectively allocates resources to address maintenance needs and community initiatives. This financial stewardship supports various projects that not only preserve property values but also enrich the community's overall living experience. Through their commitment to representation and advocacy, the Sugarland Run Townhouse Owners Association Inc plays a vital role in the local housing landscape, empowering residents and enhancing community well-being.




This information is meant to be a general summary of Sugarland Run Townhouse Owners 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
$597,099 (2022)
Expenses
$539,512 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $656
  • Gross Receipts: $597,099

Assets and Liabilities:

  • Total Assets: $675,917
  • Total Liabilities: $37,230
  • Net Assets: $638,687

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Organization Details

Founding Year

1973

Principal Officer

Marit Hughes

Main Address

200 Greenfield Court, Sterling, VA, 20164

NTEE Category

Code: L50 - Housing

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