NonprofitsInverness Homeowners Association Inc

Housing & Shelter

Inverness Homeowners Association Inc

DALLAS, TX

Total revenue

$557K

Total expenses

$481K

Net assets

$227K

Grants received

EIN

742898630

Tax year

2024

Mission

Provide for the maintenance preservation and architectural controls of the subdivision. This uniform plan for development and improvement ensures the preservation of such uniform plan for the benefit of both present and future homeowners, surrounding neighborhoods and the public to protect and enhance the quality of life in the community.

Programs

3 programs

Security services are provided to the community to ensure a peaceful and comfortable environment with the needs of the entire community considered. Maintenance of the gates, entrance facilities and other common areas.

Expenses: $223K

Utility expenses include water and electricity for the irrigation system to maintain the grass and plants in the entries to the subdivision, park and other common landscape areas. Electricity for the street lights and other lighting and entry facilities for the safety and security of the community.

Expenses: $89K

Paid insurance and property taxes assessed on the common areas owned by the association, maintenance of streets, lighting, and general repairs and office supplies for correspondence and newsletters to the community.

Expenses: $37K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$554K
Investment income$432
Other revenue$2K
Total revenue$557K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$481K
Total expenses$481K
Total assets$295K
Net assets$227K

People

5 listed

NameRoleCompensation

BARRY BANKLER

DIRECTOR

Board

6 hrs/wk

ISRAEL FOGIEL

DIRECTOR

Board

6 hrs/wk

KENNETH GINDY

DIRECTOR

Board

6 hrs/wk

DREW ROY

DIRECTOR

Board

6 hrs/wk

MATTHEW STARR

DIRECTOR

Board

6 hrs/wk

Details

EIN742898630
NTEE codeL50
Subsection04
Ruling date2010-05
Formed1998
Employees0
Volunteers5
INVERNESS HOMEOWNERS ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo