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Wellington Of Flower Mound Residential Association Inc

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

EIN: 752724500 ✦ Flower mound, TX ✦ Designated as a 501(c)(4)

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Overview

What is Wellington Of Flower Mound Residential Association Inc?

Wellington Of Flower Mound Residential Association Inc is a nonprofit organization dedicated to managing, maintaining, and preserving the common areas of its association. Their primary purpose is to exert architectural control over these shared spaces, ensuring a cohesive and well-maintained environment for its members. The association's mission is to deliver these services, aiming to enhance the overall living experience for its residents.


Official website here: www.wellingtonhoa.net

Is Wellington Of Flower Mound Residential Association Inc legitimate?

Wellington Of Flower Mound Residential Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Wellington Of Flower Mound Residential 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


Official website here: www.wellingtonhoa.net

What is the mission statement of Wellington Of Flower Mound Residential Association Inc?

The Wellington of Flower Mound Residential Association Inc. is committed to managing, maintaining, preserving, and exerting architectural control over its common areas. Its primary mission is to deliver these services with the aim of ensuring the well-being and upkeep of the association's shared spaces. The association strives to maintain a harmonious and well-maintained environment for its members. By providing effective management, the association aims to enhance the overall living experience for its residents.


Official website here: www.wellingtonhoa.net

Who is the CEO of Wellington Of Flower Mound Residential Association Inc?

Steve Lyda is the President of Wellington Of Flower Mound Residential Association Inc.


Official website here: www.wellingtonhoa.net

What is the revenue of Wellington Of Flower Mound Residential Association Inc?

Wellington Of Flower Mound Residential Association Inc's revenue in 2022 was $2,071,688.


Official website here: www.wellingtonhoa.net

Who are the executives of Wellington Of Flower Mound Residential Association Inc and what are their salaries?


Here are 5 key members and their salaries:


Steve Lyda (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean May (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russel Schmidt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sal Soriano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mo Virani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wellingtonhoa.net

Where can I find the form 990 for Wellington Of Flower Mound Residential Association Inc?

Wellington Of Flower Mound Residential Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wellingtonhoa.net

Learn more at the official website: www.wellingtonhoa.net

Mission Statement of Wellington Of Flower Mound Residential Association Inc

Wellington Of Flower Mound Residential Association Inc is dedicated to managing, maintaining, preserving, and overseeing the aesthetic aspects of its common areas. This nonprofit organization's mission is to ensure the upkeep and architectural uniformity of these shared spaces, contributing to a harmonious and well-maintained community environment. By providing these services, Wellington Of Flower Mound Residential Association Inc aims to enhance the overall living experience for its members, fostering a sense of pride and belonging within the community.

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Impact




October, 2024

Wellington Of Flower Mound Residential Association Inc significantly enhances the quality of life for residents in its community. By focusing on the management, maintenance, and preservation of common areas, the association ensures that the neighborhood remains aesthetically appealing, safe, and well-kept. This commitment to architectural control helps to maintain property values, fostering a sense of pride among homeowners.

The association's work promotes community cohesion by creating inviting shared spaces where residents can gather and interact. This enhances the overall atmosphere of the area, contributing to a vibrant and friendly neighborhood culture. Regular maintenance and preservation efforts not only improve the visual landscape but also ensure that facilities are functional and enjoyable for all residents.

Through its dedicated initiatives, Wellington Of Flower Mound Residential Association Inc plays a crucial role in sustaining a high quality of life and building a strong, connected community within Flower Mound, TX.




This information is meant to be a general summary of Wellington Of Flower Mound Residential 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
$2,071,688 (2022)
Expenses
$2,121,945 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,105
  • Program Service Revenue: $2,067,583
  • Gross Receipts: $2,071,688

Assets and Liabilities:

  • Total Assets: $976,156
  • Total Liabilities: $400,381
  • Net Assets: $575,775

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Programs

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

Amenity Center Dues

Revenue

$33,600

Conveyance Fees

Revenue

$25,500

Maintenance Assessments

Revenue

$1,937,032

Misc. Other

Revenue

$39,398

Recovery of Legal Fees

Revenue

$32,053

Organization Details

Founding Year

1995

Principal Officer

Steve Lyda

Main Address

3520 Furlong Drive East, Flower Mound, TX, 75022

NTEE Category

Code: L50 - Housing

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