Waverly Owners Association Inc

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

EIN: 541495773 ✦ Charlottesville, VA ✦ Designated as a 501(c)(4)

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Overview

What is Waverly Owners Association Inc?

The Waverly Owners Association Inc, situated in Charlottesville, Virginia, is a nonprofit organization primarily responsible for managing the shared resources of a specific property. This is achieved through a board of directors, who are elected by the homeowners, and their duties involve overseeing finances, establishing and enforcing guidelines, and ensuring the upkeep of the area. In times of significant snowfall, they undertake clean-up operations. Furthermore, their responsibilities extend to maintaining the roadways consistently throughout the year.


Official website here: www.sites.google.com/site/waverlyways/home

Is Waverly Owners Association Inc legitimate?

Waverly Owners Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Waverly Owners Association Inc 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.


Official website here: www.sites.google.com/site/waverlyways/home

What is the mission statement of Waverly Owners Association Inc?

The Waverly Owners Association is tasked with overseeing the shared resources of a property. Their mission is primarily focused on financial management, establishing and enforcing rules, and ensuring the upkeep of the area. Following significant snowstorms, they carry out cleanups and maintain the roadways consistently throughout the year. Operating with a board of directors elected by the homeowners, this association plays a crucial role in maintaining the property's integrity and functionality.


Official website here: www.sites.google.com/site/waverlyways/home

Who is the CEO of Waverly Owners Association Inc?

Barry Bruce is the President of Waverly Owners Association Inc.


Official website here: www.sites.google.com/site/waverlyways/home

What is the revenue of Waverly Owners Association Inc?

Waverly Owners Association Inc's revenue in 2023 was $47,926.


Official website here: www.sites.google.com/site/waverlyways/home

Who are the executives of Waverly Owners Association Inc and what are their salaries?


Here are 7 key members and their salaries:


Barry Bruce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Schnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Coates (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Kelly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Van Clief (Directorf)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter White (Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Spinelli (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sites.google.com/site/waverlyways/home

Where can I find the form 990EZ for Waverly Owners Association Inc?

Waverly Owners Association Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.sites.google.com/site/waverlyways/home

Learn more at the official website: www.sites.google.com/site/waverlyways/home

Mission Statement of Waverly Owners Association Inc

The Waverly Owners Association, a body run by a board of directors elected by its homeowners, is tasked with overseeing the shared assets of a property. Its mission is multifaceted, encompassing financial management, rule setting and enforcement, and area maintenance. In the event of significant snowfall, this nonprofit organization takes charge of cleaning up the area. Furthermore, it ensures the upkeep of the roadways year-round, contributing to the overall upkeep and maintenance of the property.

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Impact




October, 2024

The Waverly Owners Association Inc significantly impacts the community in Charlottesville, VA, by ensuring the upkeep and smooth operation of shared properties. Through the elected board of directors, homeowners have a direct influence on decisions that affect their living environment. The association's commitment to managing finances allows for effective allocation of resources toward community needs, enhancing property values and fostering a sense of pride among residents.

By setting and enforcing rules, the association cultivates a harmonious neighborhood atmosphere, encouraging responsible ownership and maintenance. Their proactive approach to road maintenance and community cleanup after major snowstorms ensures safe and accessible pathways for all residents year-round. This dedication not only improves the physical appeal of the area but also strengthens community bonds, contributing to a more cohesive and well-maintained living space. Overall, the Waverly Owners Association plays a pivotal role in enhancing the quality of life for homeowners in the community.




This information is meant to be a general summary of Waverly 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
$47,926 (2023)
Expenses
$21,989 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,401
  • Gross Receipts: $47,926

Assets and Liabilities:

  • Total Assets: $250,767
  • Total Liabilities: $0
  • Net Assets: $250,767

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Organization Details

Principal Officer

Barry Bruce

Main Address

PO Box 4582, Charlottesville, VA, 22905

NTEE Category

Code: L50 - Housing

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