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Cinco Residential Property Association

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

EIN: 760341056 ✦ Katy, TX ✦ Designated as a 501(c)(4)

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Overview

What is Cinco Residential Property Association?

Cinco Residential Property Association is a nonprofit organization situated in Katy, Texas. Its primary focus is to enrich the community by maintaining common areas, such as esplanades, recreational spaces, and park areas, ensuring the functionality and safety of facilities like swimming pools, tennis courts, baseball, and soccer fields. The association also contributes to community safety by providing street lights and law enforcement services. By fulfilling these responsibilities, Cinco Residential Property Association aims to benefit the entire neighborhood, creating a more enjoyable and secure living environment for its residents.


Official website here: www.cincoranchlife.org

Is Cinco Residential Property Association legitimate?

Cinco Residential Property Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cinco Residential Property 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cincoranchlife.org

What is the mission statement of Cinco Residential Property Association?

The Cinco Residential Property Association's mission is centered around serving the community. Their primary objectives include providing law enforcement services, maintaining park and recreational areas, swimming pools, and tennis courts. These initiatives aim to enhance the overall quality of life for the entire community. Moreover, the association is responsible for providing street lights, which contributes to the safety and visibility within the community. In summary, the Cinco Residential Property Association works to enhance the community's well-being by focusing on law enforcement, park maintenance, and providing essential facilities.


Official website here: www.cincoranchlife.org

Who is the CEO of Cinco Residential Property Association?

David Cobb is the President of Cinco Residential Property Association.


Official website here: www.cincoranchlife.org

What is the revenue of Cinco Residential Property Association?

Cinco Residential Property Association's revenue in 2022 was $10,957,096.


Official website here: www.cincoranchlife.org

Who are the executives of Cinco Residential Property Association and what are their salaries?


Here are 5 key members and their salaries:


David Cobb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Bexley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Thomas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Schnaidt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janie Dale (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cincoranchlife.org

Where can I find the form 990 for Cinco Residential Property Association?

Cinco Residential Property Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cincoranchlife.org

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

Mission Statement of Cinco Residential Property Association

Cinco Residential Property Association is dedicated to enhancing the well-being of its entire community. Their mission encompasses three primary aspects: ensuring law enforcement, maintaining park and recreational areas, and providing amenities such as swimming pools and tennis courts. By doing so, Cinco Residential Property Association aims to create a safe, pleasant, and active living environment for all its residents.

In more detail, Cinco Residential Property Association is responsible for the upkeep of common areas, esplanades, recreational and park spaces, swimming pools, tennis courts, baseball and soccer fields. Additionally, they provide essential services such as street lights and law enforcement, all contributing to a secure and enjoyable living experience for the community. By overseeing these various aspects, Cinco Residential Property Association strives to foster a well-maintained and safe environment that benefits everyone living within the association.

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Impact




October, 2024

Cinco Residential Property Association plays a pivotal role in enhancing the quality of life for residents in Katy, TX. By providing vital services such as law enforcement, the association ensures a safe and secure environment for the community. This commitment to safety complements its efforts in maintaining park and recreational areas, which include swimming pools, tennis courts, as well as baseball and soccer fields. These facilities promote an active lifestyle and foster community engagement.

In addition to recreational amenities, the association focuses on the upkeep of common areas and esplanades, contributing to the overall aesthetic appeal and functionality of the neighborhood. The provision of street lights further enhances safety and navigation throughout the community. Through these initiatives, Cinco Residential Property Association not only nurtures a sense of community but also fosters an environment where residents can enjoy both recreational activities and peace of mind.




This information is meant to be a general summary of Cinco Residential Property 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
$10,957,096 (2022)
Expenses
$12,069,089 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $388,561
  • Program Service Revenue: $10,568,535
  • Gross Receipts: $10,957,096

Assets and Liabilities:

  • Total Assets: $12,843,403
  • Total Liabilities: $4,808,464
  • Net Assets: $8,034,939

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Programs

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

MEMBERSHIP ASSESSMENTS, INTEREST AND FEES

Revenue

$10,568,535

Organization Details

Founding Year

1990

Principal Officer

David Cobb

Main Address

3022 WINDMERE PARK LANE, KATY, TX, 774944569

NTEE Category

Code: L50 - Housing

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