Overview
What is Terrace Pud Owners Association Inc?
The Terrace PUD Owners Association Inc, situated in Midland, Texas, serves as a nonprofit organization with a primary focus on community betterment. Their primary responsibilities include managing and enforcing covenants, as well as maintaining non-residential, non-commercial properties for the communal benefit and overall well-being of the neighborhood. Their mission is multifaceted, encompassing the promotion of social welfare, the preservation of architectural integrity and aesthetics, and the upkeep of greenbelt areas, including irrigation and retaining walls. These efforts aim to improve the area for both private and public use.
Is Terrace Pud Owners Association Inc legitimate?
Terrace Pud Owners Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Terrace Pud Owners Association Inc submitted a form 990EZ, 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.
What is the mission statement of Terrace Pud Owners Association Inc?
The Terrace PUD Owners Association's mission is centered around promoting social welfare and preserving the aesthetic appeal of a particular area. They are responsible for administering and enforcing covenants and maintain non-residential properties for the betterment of the community. One of their key objectives is to safeguard the architecture and environment of the area, which includes maintaining greenbelt areas, such as irrigation and retaining walls, for both development and public use. Their mission is essentially geared towards ensuring the common good and general welfare of the community.
Who is the CEO of Terrace Pud Owners Association Inc?
Brock Thompson is the Treasurer of Terrace Pud Owners Association Inc.
What is the revenue of Terrace Pud Owners Association Inc?
Terrace Pud Owners Association Inc's revenue in 2022 was $30,484.
Who are the executives of Terrace Pud Owners Association Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Terrace Pud Owners Association Inc?
Terrace Pud Owners Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Terrace Pud Owners Association Inc
The Terrace PUD Owners Association, in its mission, is dedicated to overseeing and implementing regulations, while also managing and preserving non-residential properties for the collective benefit of the community. This organization's primary goal is to foster social well-being and protect the architectural integrity of its area. Furthermore, the Terrace PUD Owners Association is committed to maintaining greenbelt areas, including irrigation systems and retaining walls, which are not only beneficial for the development but also accessible for public use. The association's mission encompasses the preservation and enhancement of the area's overall appearance, thereby contributing to the general welfare of the community.
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Impact
October, 2024
Terrace Pud Owners Association Inc significantly enhances the quality of life in the Midland, TX community through its dedicated management and maintenance efforts. By administering and enforcing covenants, it ensures that the neighborhood maintains a cohesive architectural style and appearance, contributing to the overall aesthetic appeal of the area.
The association also plays a crucial role in preserving green spaces. By maintaining common areas, including irrigation systems and retaining walls, it promotes environmental sustainability and provides residents with attractive outdoor spaces for recreation and relaxation. This commitment to preserving the natural beauty of the area not only enhances property values but also fosters a sense of community and well-being among residents.
Through its actions, the association actively supports social welfare, creating a welcoming environment that encourages community engagement and interaction. By focusing on the common good, the Terrace Pud Owners Association Inc helps to sustain a vibrant, well-maintained neighborhood that benefits all its residents.
This information is meant to be a general summary of Terrace Pud 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.
- Gross Receipts: $30,484
Assets and Liabilities:
- Total Assets: $118,262
- Total Liabilities: $82,298
- Net Assets: $35,964
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Organization Details
Phone
(432) 688-3458Principal Officer
Brock Thompson
Main Address
6 Desta Drive Suite 3000, Midland, TX, 79705
NTEE Category
Code: L50 - Housing
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