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Cypress Point Community Improvement

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

EIN: 742185748 ✦ Katy, TX ✦ Designated as a 501(c)(4)

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Overview

What is Cypress Point Community Improvement?

Cypress Point Community Improvement is a nonprofit organization situated in Katy, Texas. Their primary mission is to enhance the overall well-being of their community. They achieve this objective by enforcing deed restrictions, conducting homeowners meetings, negotiating contracts, and managing vendors. This approach aims to ensure the health, safety, and welfare of the community at large. The organization operates with a clear focus on maintaining high standards within the neighborhood, thereby contributing to a harmonious and secure living environment for its residents.

Is Cypress Point Community Improvement legitimate?

Cypress Point Community Improvement is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cypress Point Community Improvement 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 Cypress Point Community Improvement?

The mission of Cypress Point Community Improvement is centered around promoting the health, safety, and welfare of the community. They achieve this by establishing and maintaining standards within the neighborhood through various means. This includes enforcing deed restrictions, organizing homeowners meetings, engaging in contract negotiations, and managing relationships with vendors. The ultimate goal is to enhance the overall well-being of the community at large.

What is the revenue of Cypress Point Community Improvement?

Cypress Point Community Improvement's revenue in 2023 was $785,827.

Who are the executives of Cypress Point Community Improvement and what are their salaries?

Here are 4 key members and their salaries:


Stephen Fox (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Sutton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Flowers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Weathersby (V President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cypress Point Community Improvement?

Cypress Point Community Improvement's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Cypress Point Community Improvement

Cypress Point Community Improvement, a nonprofit organization, is committed to enhancing the health, safety, and welfare of its community. To accomplish this, the organization implements various strategies, including enforcing deed restrictions, organizing homeowners meetings, engaging in contract negotiations, and managing vendors. By adhering to these measures, Cypress Point Community Improvement aims to uphold standards within the neighborhood, thereby promoting the overall well-being of the community at large.

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Impact




October, 2024

Cypress Point Community Improvement significantly enhances the health, safety, and welfare of the Katy, TX community by establishing and maintaining high standards within the neighborhood. Through diligent enforcement of deed restrictions, the organization ensures that properties are well-maintained and aesthetically pleasing, which contributes to overall neighborhood appeal and property values.

Regular homeowners meetings foster open communication among residents, allowing for collaboration on community concerns and initiatives. Furthermore, effective contract negotiations and vendor management streamline the process of maintaining community amenities and services, ensuring they meet the needs of residents. Collectively, these efforts create a safer, more cohesive community environment, promoting pride among residents and enhancing the quality of life in Cypress Point.




This information is meant to be a general summary of Cypress Point Community Improvement. 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
$785,827 (2023)
Expenses
$868,359 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $10,769
  • Gross Receipts: $785,827

Assets and Liabilities:

  • Total Assets: $885,025
  • Total Liabilities: $309,292
  • Net Assets: $575,733

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Organization Details

Founding Year

1979

Principal Officer

Mike Flowers

NTEE Category

Code: L50 - Housing

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