The Las Colinas Association

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

EIN: 756193943 ✦ Irving, TX ✦ Designated as a 501(c)(4)

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Overview

What is The Las Colinas Association?

The Las Colinas Association is a nonprofit organization, headquartered at 3838 Teleport Blvd, Irving, Texas, 75039. With a team of 55 dedicated employees, their mission is to serve as the steward for the Las Colinas community by creating and maintaining an exceptional environment for its members. They focus on several key aspects, including the maintenance of public parks and green belts, as well as the landscaping of streets, medians, open spaces, and rights-of-way. By fulfilling these responsibilities, the Las Colinas Association ensures a well-kept and aesthetically pleasing community for its members to enjoy.


Official website here: www.lascolinas.org

Is The Las Colinas Association legitimate?

The Las Colinas Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Las Colinas Association 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: $726,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,143,463

For more financial information, click here


Official website here: www.lascolinas.org

What is the mission statement of The Las Colinas Association?

The Las Colinas Association serves as the steward for its community by creating and maintaining an exceptional environment for its members. Its mission is focused on managing common property, preserving public parks and green belts, and maintaining the landscaping of streets, medians, and open spaces. The Association's commitment extends to controlling litter in these areas, ensuring a clean and appealing living environment for its members. By prioritizing these aspects, The Las Colinas Association enhances the overall quality of life within the community.


Official website here: www.lascolinas.org

Who is the CEO of The Las Colinas Association?

J Hammond Perot is the President & Ceo of The Las Colinas Association. The CEO's salary of The Las Colinas Association is $300,000 and their total compensation is $333,657.


Official website here: www.lascolinas.org

What is the revenue of The Las Colinas Association?

The Las Colinas Association's revenue in 2022 was $15,548,179.


Official website here: www.lascolinas.org

Who are the executives of The Las Colinas Association and what are their salaries?

The average compensation at The Las Colinas Association during 2022 was $70,362. There are 55 employees and 17 volunteers at The Las Colinas Association.


Here are 15 key members and their salaries (The Las Colinas Association's CEO's salary is $300,000 and their total compensation is $333,657):


Kenneth Gwyn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sushil Patel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Mcnutt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Opitz (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Reese (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Klinke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Lake (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn C Strickland (Assistant Treasurer)
  • Compensation: $191,544
  • Related: $0
  • Other: $17,136
Jennifer Austin (Assistant Secretary)
  • Compensation: $167,761
  • Related: $0
  • Other: $16,363
J Hammond Perot (President & Ceo)
  • Compensation: $300,000
  • Related: $0
  • Other: $33,657
Scott Wilson (Director Of Common Propert)
  • Compensation: $133,268
  • Related: $0
  • Other: $16,544
Phil Oschner (Director)
  • Compensation: $126,423
  • Related: $0
  • Other: $16,341
Velma Martindale (Data Base Admin)
  • Compensation: $126,185
  • Related: $0
  • Other: $22,800
Tim Glass (Director)
  • Compensation: $113,568
  • Related: $0
  • Other: $3,407
James Cook (Director Of Security Services)
  • Compensation: $125,945
  • Related: $0
  • Other: $14,145


Official website here: www.lascolinas.org

Where can I find the form 990 for The Las Colinas Association?

The Las Colinas Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lascolinas.org

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

Mission Statement of The Las Colinas Association

The Las Colinas Association, a notable nonprofit organization, is dedicated to serving as the steward for its community by creating and maintaining an exceptional environment for its members. This mission is carried out through various efforts, primarily focused on the preservation of common property.

The organization takes pride in maintaining public parks and green belts within the community, ensuring they remain clean, vibrant, and inviting spaces for residents. In addition to this, The Las Colinas Association is committed to keeping the streets, medians, contiguous open spaces, and rights-of-way free of litter, contributing to an overall sense of tidiness and orderliness within the community. By prioritizing the cleanliness and maintenance of these areas, the organization enhances the quality of life for its members and fosters a sense of pride in their community.

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Impact




October, 2024

The Las Colinas Association significantly enhances the quality of life in the Las Colinas community by effectively managing and maintaining public spaces. This includes overseeing public parks and green belts, ensuring that these areas are well-kept and enjoyable for all residents and visitors. Additionally, the association takes responsibility for the landscaping and cleanliness of streets, medians, and open spaces, creating a visually appealing environment that contributes to the overall aesthetic and functionality of the area.

By upholding a high standard of public property maintenance, the association fosters a sense of pride among residents and encourages community engagement. This stewardship directly impacts the attractiveness of the neighborhood, potentially increasing property values and enhancing the local economy. Overall, The Las Colinas Association plays a crucial role in cultivating a vibrant and welcoming atmosphere that benefits all who live and work in Las Colinas, Texas.




This information is meant to be a general summary of The Las Colinas Association. 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
$15,548,179 (2022)
Expenses
$15,648,890 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $188,658
  • Program Service Revenue: $14,771,065
  • Gross Receipts: $15,548,179

Assets and Liabilities:

  • Total Assets: $32,037,615
  • Total Liabilities: $271,165
  • Net Assets: $31,766,450

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Programs

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

MEMBERSHIP ASSESSMENTS

Revenue

$14,735,560

CPM REVENUE

Revenue

$18,805

ACC REVENUE

Revenue

$16,700

Organization Details

Founding Year

1973

Principal Officer

J Hammond Perot

Main Address

3838 TELEPORT BLVD, IRVING, TX, 75039

NTEE Category

Code: L50 - Housing

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