Hearthstone Homeowners Association Inc

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

EIN: 741963516 ✦ Katy, TX ✦ Designated as a 501(c)(4)

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Overview

What is Hearthstone Homeowners Association Inc?

Hearthstone Homeowners Association Inc, located in Katy, Texas, is a nonprofit organization primarily established with the mission of maintaining, operating, and preserving the common property within its jurisdiction. The association provides vital services such as landscaping, improvements, and management of utilities for the common and recreational areas, ensuring the comfort and benefit of both property owners and visitors. Their core activity revolves around ensuring the upkeep, operation, and longevity of these shared spaces.

Is Hearthstone Homeowners Association Inc legitimate?

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

What is the mission statement of Hearthstone Homeowners Association Inc?

The mission of Hearthstone Homeowners Association Inc, as stated, is centered around maintaining, operating, and preserving the common property within its designated area. The association's primary role extends to providing landscaping, improvements, and utilities for the common and recreational areas, ensuring the comfort and benefit of the property owners and visitors.

Who is the CEO of Hearthstone Homeowners Association Inc?

Terry Gingell is the President of Hearthstone Homeowners Association Inc.

What is the revenue of Hearthstone Homeowners Association Inc?

Hearthstone Homeowners Association Inc's revenue in 2022 was $992,639.

Who are the executives of Hearthstone Homeowners Association Inc and what are their salaries?


Here are 7 key members and their salaries:


Robert C Comeaux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Leger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Looney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Gingell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scooter Cantrell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virgil Hydes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hearthstone Homeowners Association Inc?

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

Mission Statement of Hearthstone Homeowners Association Inc

Hearthstone Homeowners Association Inc, established with a mission, is primarily focused on maintaining, operating, and preserving the common property within its designated area. This nonprofit organization's primary role is to ensure the upkeep and enhancement of shared spaces, benefiting both property owners and visitors. To accomplish this, the Association provides essential services such as landscaping, improvements, and utility management for the common and recreational areas. By doing so, Hearthstone Homeowners Association Inc contributes to the overall appeal and functionality of the community, thereby enhancing the living experience for its residents.

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Impact




October, 2024

Hearthstone Homeowners Association Inc plays a significant role in enhancing the quality of life within the community by ensuring the maintenance, operation, and preservation of common properties. Through its activities, the Association provides essential services such as landscaping, improvements, and utilities for the common and recreational areas. These efforts not only enhance the aesthetic appeal of the neighborhood but also contribute to a safe and welcoming environment for both owners and visitors in Katy, TX. By fostering well-maintained shared spaces, the Association helps build a sense of community and encourages social interaction among residents, thereby strengthening neighborhood bonds.




This information is meant to be a general summary of Hearthstone Homeowners 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
$992,639 (2022)
Expenses
$990,425 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,310
  • Program Service Revenue: $751,570
  • Gross Receipts: $992,639

Assets and Liabilities:

  • Total Assets: $876,681
  • Total Liabilities: $305,541
  • Net Assets: $571,140

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Programs

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

Maintenance fees

Revenue

$746,470

Neighborhood fee

Revenue

$5,100

Organization Details

Founding Year

1975

Principal Officer

Terry Gingell

Main Address

2002 W Grand Parkway North STE 100, Katy, TX, 77449

NTEE Category

Code: Z99 - Unknown

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