Parkwood Association

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

EIN: 566050285 ✦ Durham, NC ✦ Designated as a 501(c)(4)

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Overview

What is Parkwood Association?

The Parkwood Association, as indicated in the provided information, is a nonprofit organization primarily focused on homeowners' affairs. This community-oriented entity serves to manage and maintain the standards and facilities within a residential area, ensuring a harmonious living environment for its members. The association's activities are geared towards promoting a sense of community and upholding the general well-being of its homeowners. The exact nature and scope of their initiatives may vary, but generally, they strive to maintain the aesthetic appeal and functionality of the community, which includes managing common areas, enforcing regulations, and facilitating communication between homeowners.


Official website here: www.parkwoodhoa.nabrnetwork.com/

Is Parkwood Association legitimate?

Parkwood Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Parkwood Association 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.parkwoodhoa.nabrnetwork.com/

What is the mission statement of Parkwood Association?

The Parkwood Association, functioning as a Homeowners' Association, is committed to its mission. Its primary objective is to oversee and manage the community, ensuring adherence to rules and regulations that maintain the quality and harmony of the neighborhood. The association aims to foster a sense of community among homeowners, promoting a desirable living environment. It may also facilitate communication, organize events, and handle any issues related to common areas or shared facilities. However, due to the limited information provided, the specific details of its activities beyond these general responsibilities are not clear.


Official website here: www.parkwoodhoa.nabrnetwork.com/

Who is the CEO of Parkwood Association?

Marsha Brooks is the Vice President of Parkwood Association.


Official website here: www.parkwoodhoa.nabrnetwork.com/

What is the revenue of Parkwood Association?

Parkwood Association's revenue in 2022 was $266,017.


Official website here: www.parkwoodhoa.nabrnetwork.com/

Who are the executives of Parkwood Association and what are their salaries?


Here are 17 key members and their salaries:


Leigh Hutchison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Wright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paige Darlington (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickie Wheeler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Evert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasho Accram (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olga Rodriguez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Bryson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felipe Rodriguez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Brooks (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Coveney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Dean (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Sharp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracee Hester (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Mertz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Maron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Engleman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.parkwoodhoa.nabrnetwork.com/

Where can I find the form 990 for Parkwood Association?

Parkwood Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.parkwoodhoa.nabrnetwork.com/

Learn more at the official website: www.parkwoodhoa.nabrnetwork.com/

Mission Statement of Parkwood Association

The Parkwood Association, as a homeowners' association, is dedicated to its mission. This mission, in simple terms, is to oversee and manage the community as a whole, ensuring the well-being and maintenance of the homes and properties within its jurisdiction. The association serves as a united front, working towards the common goal of maintaining a harmonious and well-maintained living environment for its members. By focusing on homeowners' association activities, the Parkwood Association strives to foster a sense of community and shared responsibility among its members.

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Impact




October, 2024

Parkwood Association significantly enhances the quality of life in Durham, NC, by fostering a sense of community among residents. As a homeowners' association, it plays a crucial role in maintaining and improving the neighborhood's living conditions, which ensures that property values remain stable and the community is aesthetically pleasing.

Through organized events, communication, and initiatives focused on housing, the association encourages active engagement among residents, promoting neighborly relationships and a shared commitment to community enhancement. Their mission to create a harmonious living environment contributes to the overall social fabric of Parkwood, making it a desirable place to live. By addressing homeowner concerns and overseeing community guidelines, Parkwood Association not only supports individual homeowners but also cultivates a cohesive and vibrant neighborhood atmosphere.




This information is meant to be a general summary of Parkwood Association. 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
$266,017 (2022)
Expenses
$237,077 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $534
  • Program Service Revenue: $262,637
  • Gross Receipts: $266,017

Assets and Liabilities:

  • Total Assets: $509,139
  • Total Liabilities: $129,897
  • Net Assets: $379,242

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Programs

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

ASSESSMENT INCOME

Revenue

$251,500

LEGAL COLLECTIONS

Revenue

$9,637

LATE FEES

Revenue

$1,500

Organization Details

Founding Year

1996

Principal Officer

Marsha Brooks

Main Address

1417 SEATON ROAD, DURHAM, NC, 27713

NTEE Category

Code: L50 - Housing

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