New Property Owners Association Of Newport Inc

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

EIN: 760496570 ✦ Crosby, TX ✦ Designated as a 501(c)(4)

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Overview

What is New Property Owners Association Of Newport Inc?

New Property Owners Association Of Newport Inc, located in Crosby, Texas, is a nonprofit organization with a mission to improve the Newport community. This is achieved by offering various services, organizing community events, and maintaining the common elements of the community. With a dedicated workforce of 74 individuals, the association aims to contribute positively to the well-being of its community members.

Is New Property Owners Association Of Newport Inc legitimate?

New Property Owners Association Of Newport Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Property Owners Association Of Newport 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: $542,163

For more financial information, click here

What is the mission statement of New Property Owners Association Of Newport Inc?

The New Property Owners Association of Newport Inc is dedicated to improving the community of Newport. This is achieved by offering various services, hosting community events, and maintaining the common elements of the community. Their mission is to positively impact the community's quality of life by ensuring the provision of necessary services and the upkeep of shared facilities. The association's activities are focused on enhancing the overall well-being of the community members.

Who is the CEO of New Property Owners Association Of Newport Inc?

Kim Davila is the President of New Property Owners Association Of Newport Inc.

What is the revenue of New Property Owners Association Of Newport Inc?

New Property Owners Association Of Newport Inc's revenue in 2022 was $4,610,466.

Who are the executives of New Property Owners Association Of Newport Inc and what are their salaries?

The average compensation at New Property Owners Association Of Newport Inc during 2022 was $7,327. There are 74 employees at New Property Owners Association Of Newport Inc.


Here are 8 key members and their salaries:


Eileen Fashoro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruben Leal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Outley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Davila (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Gaudet (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Stillwell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Jones (General Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Property Owners Association Of Newport Inc?

New Property Owners Association Of Newport Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Property Owners Association Of Newport Inc

The New Property Owners Association of Newport Inc is dedicated to enhancing the well-being of its community. Their mission is threefold: firstly, they aim to improve the area by offering various services. Secondly, they are responsible for maintaining the common elements within the community. Lastly, they organize community events, contributing to the overall vitality and unity of the community. In essence, the association strives to make the Newport community a better place to live, by providing essential services, maintaining shared facilities, and fostering a sense of community through events.

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Impact




October, 2024

The New Property Owners Association of Newport Inc significantly enhances the Newport community by focusing on service provision and the maintenance of shared spaces. By organizing various community events, it fosters a sense of belonging among residents and creates opportunities for social interaction. The maintenance of common elements ensures that public areas remain safe, accessible, and visually appealing, contributing to the overall quality of life in Newport. This commitment to community betterment not only supports the needs of current residents but also attracts potential new homeowners, ultimately strengthening the local housing market and community cohesion. Through its activities, the association plays a crucial role in promoting a vibrant and engaged neighborhood.




This information is meant to be a general summary of New Property Owners Association Of Newport 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
$4,610,466 (2022)
Expenses
$4,471,344 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,415
  • Program Service Revenue: $1,721,401
  • Gross Receipts: $4,610,466

Assets and Liabilities:

  • Total Assets: $4,922,086
  • Total Liabilities: $2,107,620
  • Net Assets: $2,814,466

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Programs

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

Late fees

Revenue

$534,321

Golf Operations

Revenue

$693,764

Event Revenues

Revenue

$146,757

Galley Grill

Revenue

$346,559

Organization Details

Founding Year

1996

Principal Officer

Kim Davila

Main Address

P O Box 1362, Crosby, TX, 77532

NTEE Category

Code: L50 - Housing

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