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Riverstone Homeowners Association Inc

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

EIN: 760684372 ✦ Sugar land, TX ✦ Designated as a 501(c)(4)

Overview

What is Riverstone Homeowners Association Inc?

Riverstone Homeowners Association Inc, based at 18353 University Blvd in Sugar Land, Texas (77479), is a nonprofit organization dedicated to maintaining and preserving the common areas for the benefit of the community and the public at large. With a workforce of 20 employees, they focus on enhancing the shared spaces in their community, contributing to a better quality of life for its residents. This mission aligns with their description of "Maintenance and preservation of the common areas which benefit the community and public at large." The organization does not specify any particular services or programs but aims to uphold the common areas to ensure a positive impact on the residents and the public.


Is Riverstone Homeowners Association Inc legitimate?

Riverstone Homeowners Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Riverstone Homeowners Association 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,522,585

For more financial information, click here


What is the mission statement of Riverstone Homeowners Association Inc?
Who is the CEO of Riverstone Homeowners Association Inc?
What is the revenue of Riverstone Homeowners Association Inc?
Who are the executives of Riverstone Homeowners Association Inc and what are their salaries?
Where can I find the form 990 for Riverstone Homeowners Association Inc?

Mission Statement of Riverstone Homeowners Association Inc

Riverstone Homeowners Association Inc is dedicated to the maintenance and preservation of common areas that bring benefits to both the community and the public at large. The organization's mission is geared towards ensuring the upkeep and enhancement of these shared spaces, contributing significantly to the overall well-being of those around.

By taking on this role, Riverstone Homeowners Association Inc plays a crucial part in enhancing the aesthetic appeal and functionality of the communal areas. These spaces, which are enjoyed by residents and visitors alike, serve as integral components that foster a sense of unity and pride within the community. The Association's efforts in maintaining and preserving these areas not only improve the community's appearance but also contribute to a healthier and more enjoyable living environment.

Moreover, the Association's mission extends beyond the physical upkeep of the common areas. By dedicating resources to their maintenance and preservation, Riverstone Homeowners Association Inc demonstrates a commitment to enriching the lives of those who are connected to these spaces. The organization's actions reflect a deep-rooted belief that well-maintained communal areas contribute to the creation of thriving, resilient communities, and ultimately, a better quality of life for all.

Impact

This information is meant to be a general summary of Riverstone Homeowners Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Riverstone Homeowners Association Inc's impact is focused on the maintenance and preservation of the common areas that benefit the community and the public at large in Sugar Land, TX. Their mission revolves around ensuring the upkeep and enhancement of these shared spaces for the benefit and enjoyment of residents and the wider community. Through their efforts in maintaining these common areas, the association contributes to fostering a sense of community pride, unity, and quality of life for residents and visitors alike.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $55,822
  • Program Service Revenue: $12,192,111
  • Gross Receipts: $13,002,073

    • Assets and Liabilities:
  • Total Assets: $16,235,815
  • Total Liabilities: $7,439,952
  • Net Assets: $8,795,863
  • Programs

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

    ASSESSMENTS

    Revenue

    $10,313,656

    REIMBURSEMENT OF EXPENSE

    Revenue

    $1,293,322

    CAPITALIZATION FEE

    Revenue

    $450,000

    TRANSFER FEES

    Revenue

    $89,700

    PROGRAM INCOME

    Revenue

    $23,956

    Organization Details

    Founding Year

    2001

    Principal Officer

    Fw Reichert

    Main Address

    18353 UNIVERSITY BLVD, SUGAR LAND, TX, 77479

    NTEE Category

    Code: L50 - Housing

    If you are a representative of Riverstone Homeowners Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.