Overview
What is Hills Of Lakeway Property Owners Association Inc?
The Hills of Lakeway Property Owners Association Inc is a nonprofit organization, established and operated under the laws of Texas, primarily dedicated to enhancing the well-being of its members and the surrounding community. With a self-sustaining community of approximately 2,500 residents spread across 1,086 residential lots and 678 acres, the association manages common areas such as roads, street lights, and security gates. The association's territory aligns with the municipality of The Village of The Hills, encompassing 100% of the association's land and an additional four acres outside its boundaries. Within the association's borders lies a private golf club, The Hills Country Club, owned and managed by ClubCorp, which is not part of the association itself. Memberships for the golf club are open to the general public. The association's primary role is to promote the common good and lessen the burdens of government by conducting activities like road maintenance, private patrol services, and managing entrance gates and common areas.
Official website here: www.owner.psprop.net
Is Hills Of Lakeway Property Owners Association Inc legitimate?
Hills Of Lakeway Property Owners Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Hills Of Lakeway Property Owners 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.
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Official website here: www.owner.psprop.net
What is the mission statement of Hills Of Lakeway Property Owners Association Inc?
The Hills of Lakeway Property Owners Association Inc is a mutual benefit non-profit corporation, established and operated under the laws of Texas. Its primary role is to serve as a self-sustaining community, catering to a community of approximately 1,086 residential lots spread over approximately 678 acres, housing around 2,500 residents. The association manages common areas, including 16 miles of roads, related street lights, and security gates. The association's geographic area is largely encompassed by the municipality of "The Village of The Hills," which also covers an additional four acres outside the association. Within the association boundaries lies a private golf club, The Hills Country Club, owned and managed by CLUBCORP, not directly associated with the association itself. Golf club memberships are available to the general public. While the text does not provide a specific mission statement, it implies that the association's purpose is to manage and maintain the community's infrastructure and common areas for the benefit of its residents.
Official website here: www.owner.psprop.net
Who is the CEO of Hills Of Lakeway Property Owners Association Inc?
Mark Wolstromer is the President of Hills Of Lakeway Property Owners Association Inc.
Official website here: www.owner.psprop.net
What is the revenue of Hills Of Lakeway Property Owners Association Inc?
Hills Of Lakeway Property Owners Association Inc's revenue in 2022 was $1,164,762.
Official website here: www.owner.psprop.net
Who are the executives of Hills Of Lakeway Property Owners Association Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.owner.psprop.net
Where can I find the form 990 for Hills Of Lakeway Property Owners Association Inc?
Hills Of Lakeway Property Owners Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.owner.psprop.net
Learn more at the official website: www.owner.psprop.net
Mission Statement of Hills Of Lakeway Property Owners Association Inc
The Hills of Lakeway Property Owners Association Inc, a mutual benefit non-profit corporation established under the laws of Texas, is dedicated to serving as a self-supporting community. This organization, comprising approximately 678 acres of residential lots and common areas, is home to around 2,500 residents. The association boasts an extensive network of roads, street lights, and security gates, spanning a total of 16 miles.
The Hills of Lakeway Property Owners Association Inc's primary role is to maintain and enhance the quality of life for its residents. While it does not directly manage the private golf club, The Hills Country Club, located within its boundaries, it ensures the community's overall well-being. The golf club memberships are open to the general public, adding an extra layer of community engagement. The association operates under mutual benefit principles, ensuring the collective interests of its members are always prioritized.
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Impact
October, 2024
The Hills of Lakeway Property Owners Association, Inc. significantly enhances the quality of life for its residents and the surrounding community. With its management of 1,086 residential lots across approximately 678 acres, the association fosters a vibrant, self-supported community that is home to around 2,500 residents.
The association plays a crucial role in promoting the common good through various community-focused initiatives. It maintains 16 miles of roads, ensuring safe and well-kept access throughout the area. Additionally, it provides private patrol services and oversees security gates, which contribute to a sense of safety and security for all residents. This proactive approach to community management helps to lessen the burdens on local government by taking on responsibilities that might otherwise fall to municipal authorities.
Furthermore, the presence of common areas and amenities, including pathways and lighting, enhances the living experience while promoting outdoor activities and community engagement. The association's affiliation with the Hills Country Club, a private golf club open to the public, adds recreational opportunities that enrich the lifestyle of residents and visitors alike.
In summary, the Hills of Lakeway Property Owners Association cultivates a thriving community environment characterized by safety, aesthetic enhancement, and opportunities for social interaction among residents, significantly contributing to the overall welfare of the area.
This information is meant to be a general summary of Hills Of Lakeway Property 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $66,521
- Gross Receipts: $1,572,019
Assets and Liabilities:
- Total Assets: $2,467,205
- Total Liabilities: $2,217,357
- Net Assets: $249,848
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Organization Details
Founding Year
1981
Phone
(512) 261-6845Principal Officer
Mark Wolstromer
Main Address
102 TROPHY DRIVE, THE HILLS, TX, 787381226
Website
www.owner.psprop.netNTEE Category
Code: L50 - Housing
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