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Property Owner's Association Of Sunrise Bay

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

EIN: 752640477 ✦ Little elm, TX ✦ Designated as a 501(c)(4)

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Overview

What is Property Owner's Association Of Sunrise Bay?

The Property Owner's Association of Sunrise Bay is a nonprofit organization situated in Little Elm, Texas. Its primary objective is to improve and safeguard the community's quality of life and sense of belonging by efficiently managing the association. This involves enforcing rules and covenants to safeguard property values, supporting initiatives and capital improvements that benefit its members. The association has made significant strides in this regard, such as enhancing the community's grounds by maintaining and adding landscaping, and carrying out necessary improvements to uphold property values. The Property Owner's Association of Sunrise Bay plays a crucial role in preserving the charm and value of its community.


Official website here: www.sunrisebaypoa.org

Is Property Owner's Association Of Sunrise Bay legitimate?

Property Owner's Association Of Sunrise Bay is a legitimate nonprofit organization registered as a 501(c)(4) entity. Property Owner's Association Of Sunrise Bay 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.


Official website here: www.sunrisebaypoa.org

What is the mission statement of Property Owner's Association Of Sunrise Bay?

The Property Owner's Association of Sunrise Bay is committed to improving and safeguarding the overall quality of life and community spirit within its membership. This is achieved by implementing and enforcing rules and covenants, thereby preserving property values. The association actively supports initiatives and capital improvements that benefit its members. To further enhance the community, they have taken steps to improve the grounds, including landscaping and appropriate property upgrades, all aimed at maintaining and increasing property values.


Official website here: www.sunrisebaypoa.org

Who is the CEO of Property Owner's Association Of Sunrise Bay?

Gregory C Klimko is the President of Property Owner's Association Of Sunrise Bay.


Official website here: www.sunrisebaypoa.org

What is the revenue of Property Owner's Association Of Sunrise Bay?

Property Owner's Association Of Sunrise Bay's revenue in 2022 was $55,198.


Official website here: www.sunrisebaypoa.org

Who are the executives of Property Owner's Association Of Sunrise Bay and what are their salaries?


Here are 4 key members and their salaries:


Gregory C Klimko (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Champlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Reyes (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Hibbitts (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sunrisebaypoa.org

Where can I find the form 990EZ for Property Owner's Association Of Sunrise Bay?

Property Owner's Association Of Sunrise Bay's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.sunrisebaypoa.org

Learn more at the official website: www.sunrisebaypoa.org

Mission Statement of Property Owner's Association Of Sunrise Bay

The Property Owner's Association of Sunrise Bay is dedicated to improving and protecting the quality of life within its community. Their mission involves effectively and efficiently managing the association, ensuring compliance with rules and covenants to maintain property values. The organization goes beyond mere management, supporting initiatives and capital improvements that cater to the needs and benefits of its members. Notably, the Property Owner's Association of Sunrise Bay has taken steps to enhance the community's aesthetics by maintaining and adding landscaping, thereby contributing to the overall appeal and value of the properties. This commitment to preservation and enhancement of the community is a testament to their dedication towards fostering a sense of belonging among their members.

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Impact




October, 2024

The Property Owner's Association of Sunrise Bay plays a crucial role in enhancing and preserving the quality of life for its residents. By effectively managing the community, the association enforces rules and covenants that protect and uphold property values. This commitment not only fosters a sense of community but also supports various initiatives and capital improvements that directly benefit homeowners.

The association's efforts in maintaining and enhancing landscaping contribute to the aesthetic appeal of the area, making it a more attractive place to live. Through regular maintenance and strategic improvements, the organization helps ensure that the community remains a desirable location, ultimately leading to increased property values for residents. This focus on community enhancement and property preservation has a lasting impact on the overall well-being and satisfaction of the members within Sunrise Bay.




This information is meant to be a general summary of Property Owner's Association Of Sunrise Bay. 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
$55,198 (2022)
Expenses
$53,918 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $193
  • Gross Receipts: $55,198

Assets and Liabilities:

  • Total Assets: $244,343
  • Total Liabilities: $4,513
  • Net Assets: $239,830

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Organization Details

Principal Officer

Gregory C Klimko

Main Address

PO BOX 1267, LITTLE ELM, TX, 75068

NTEE Category

Code: L50 - Housing

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