Somerset Of Oconee County Hoa V2

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

EIN: 823131730 ✦ Watkinsville, GA ✦ Designated as a 501(c)(4)

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Overview

What is Somerset Of Oconee County Hoa V2?

Somerset of Oconee County HOA v2 is a nonprofit organization, specifically a homeowners association, situated in Watkinsville, Georgia. Its primary function is to oversee and maintain the development in the area. This includes managing repairs, ensuring proper lighting and signage at the property entrance, handling landscaping and groundskeeping tasks, as well as taking care of the utilities, insurance, and administrative expenses. The organization plays a significant role in enhancing the overall appearance and upkeep of the community.

Is Somerset Of Oconee County Hoa V2 legitimate?

Somerset Of Oconee County Hoa V2 is a legitimate nonprofit organization registered as a 501(c)(4) entity. Somerset Of Oconee County Hoa V2 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.

What is the mission statement of Somerset Of Oconee County Hoa V2?

Somerset of Oconee County HOA V2 is committed to maintaining and upkeeping a development, without specifying the exact location. Their responsibilities include managing repairs, ensuring proper lighting and sign maintenance, and handling landscaping and groundskeeping tasks. Additionally, they oversee utility expenses, insurance, and administrative costs for the development. In summary, their mission is to maintain the quality and appearance of the development while managing its financial and operational aspects.

Who is the CEO of Somerset Of Oconee County Hoa V2?

Crystal Freeman is the Treasurer of Somerset Of Oconee County Hoa V2.

What is the revenue of Somerset Of Oconee County Hoa V2?

Somerset Of Oconee County Hoa V2's revenue in 2022 was $24,736.

Who are the executives of Somerset Of Oconee County Hoa V2 and what are their salaries?


There is 1 key member and their salary:


Crystal Freeman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Somerset Of Oconee County Hoa V2?

Somerset Of Oconee County Hoa V2's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Somerset Of Oconee County Hoa V2

Somerset of Oconee County HOA V2 is committed to maintaining and upholding the development in Watkinsville, Georgia. Its primary responsibilities include overseeing repairs, ensuring proper lighting and sign maintenance at the property entrance, and providing meticulous landscaping and groundskeeping services. Beyond these duties, the organization also manages utility insurance and administration expenses, ensuring that the development remains well-maintained and functioning efficiently. In essence, Somerset of Oconee County HOA V2 serves as the primary steward of the development, ensuring that it remains in good condition for its residents and visitors.

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Impact




October, 2024

Somerset Of Oconee County HOA V2 plays a crucial role in enhancing the quality of living in Watkinsville, GA. By maintaining the development, it ensures a well-kept environment that positively impacts property values and community pride. The HOA's commitment to programs for repairs and maintenance of lighting and signage at the property entrance not only improves aesthetics but also bolsters safety and visibility for residents and visitors alike.

In addition, the landscaping and groundskeeping efforts contribute to the overall beauty of the area, fostering a sense of community and encouraging outdoor activities among residents. The HOA's management of utilities, insurance, and administrative expenses further streamlines operations, allowing residents to enjoy their homes without the burden of individual maintenance tasks. Overall, Somerset Of Oconee County HOA V2 significantly enhances both the functionality and appeal of the neighborhood, promoting a vibrant and cohesive community.




This information is meant to be a general summary of Somerset Of Oconee County Hoa V2. 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
$24,736 (2022)
Expenses
$21,250 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $24,736

Assets and Liabilities:

  • Total Assets: $34,774
  • Total Liabilities: $0
  • Net Assets: $34,774

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Organization Details

Principal Officer

Crystal Freeman

Main Address

PO Box 648, Watkinsville, GA, 30677

NTEE Category

Code: L50 - Housing

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