Overview
What is Thornwood Fund Inc?
Thornwood Fund Inc is a nonprofit organization located in Houston, Texas, with an address at 17170 Park Row STE 310. Its primary function is to ensure the security, sanitation, and garbage management within its community. The association is responsible for maintaining the recreational facilities and common areas for the benefit and safety of the property owners and visitors. It operates on a model where the association is reimbursed for a portion of the provided services, and these reimbursements are separately stated in the revenue.
Is Thornwood Fund Inc legitimate?
Thornwood Fund Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Thornwood Fund 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
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What is the mission statement of Thornwood Fund Inc?
Thornwood Fund Inc is an association established with a mission to safeguard and preserve the recreational facilities and common areas within its geographic jurisdiction. This is done with the primary objective of ensuring the well-being and safety of the property owners and visitors to the community. To accomplish this, the association provides essential services such as garbage collection, sanitation, and security patrols. These services are implemented to enhance the overall safety and welfare of the community members and visitors. The association receives partial reimbursements for these services, which are separately accounted for in their revenue.
Who is the CEO of Thornwood Fund Inc?
Briton Sparkman is the President of Thornwood Fund Inc.
What is the revenue of Thornwood Fund Inc?
Thornwood Fund Inc's revenue in 2022 was $251,354.
Who are the executives of Thornwood Fund Inc and what are their salaries?
There 5 volunteers at Thornwood Fund Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Thornwood Fund Inc?
Thornwood Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Thornwood Fund Inc
Thornwood Fund Inc, as an association, is established with a mission to safeguard and preserve the recreational facilities and common areas within its geographic jurisdiction. This mission is driven by the commitment to promote the welfare and ensure the safety of the property owners and visitors within the community. The organization takes an active role in providing essential services such as garbage collection, sanitation, and security patrols, ensuring the overall safety and well-being of its members and visitors. It should be noted that Thornwood Fund Inc is partially reimbursed for these services, with the reimbursements being separately stated in the revenue.
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Impact
October, 2024
Thornwood Fund Inc plays a crucial role in enhancing the quality of life for property owners and visitors in the community. By focusing on the protection and maintenance of recreational facilities and common areas, the organization ensures that these spaces remain safe, accessible, and enjoyable for everyone.
Through the provision of essential services such as garbage collection, sanitation, and security patrols, Thornwood Fund Inc contributes significantly to the welfare of its members. These initiatives not only promote a cleaner and safer environment but also foster a sense of community among residents. The proactive measures taken by the association help maintain the aesthetic and functional aspects of shared spaces, which are vital for community engagement and recreation.
Furthermore, the organization's ability to secure reimbursements for part of its services demonstrates its commitment to financial stewardship, allowing it to continue supporting and improving the community without placing undue burden on property owners. Overall, Thornwood Fund Inc strongly impacts community improvement, making it a vital asset in maintaining the health and safety of its geographic area.
This information is meant to be a general summary of Thornwood Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $913
- Program Service Revenue: $194,340
- Gross Receipts: $251,354
Assets and Liabilities:
- Total Assets: $459,870
- Total Liabilities: $83,616
- Net Assets: $376,254
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member Assessments
Revenue
$194,340
Organization Details
Founding Year
1966
Principal Officer
Briton Sparkman
Main Address
17170 Park Row STE 310, Houston, TX, 77084
NTEE Category
Code: S20 - Community improvement
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