Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Lakes of Magnolia Homeowners Association, identified by EIN 20-4568359, is dedicated to preserving and maintaining the common elements of its community while promoting community engagement. With an operating budget of $106.4K and total revenue of $106.3K for the filing year 2024, the organization functions without reliance on a single funder for more than 50% of its revenue. While specific geographic information is not provided, the association's mission underscores its commitment to fostering a vibrant community environment.

Mission Statement

TO PRESERVE AND MAINTAIN THE COMMON ELEMENTS OF THE COMMUNITY AND TO PROMOTE COMMUNITY ENGAGEMENT.
Revenues
$106.3K
Expenses
$106.4K
Net Income:
-$116
Assets
$209.2K
Liabilities
$46K
Net Assets:
+$163.2K
Operating Budget
$106.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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C
Craig Townsend
Board Member
K
Kevin Walker
Board Member
T
Taylor Allen
Board Member

Frequently Asked Questions

What is LAKES OF MAGNOLIA HOMEOWNERS ASSOC’s budget?
In 2024, LAKES OF MAGNOLIA HOMEOWNERS ASSOC reported an annual operating budget of around $106 thousand. More detailed financial information is available to registered users.
Where does LAKES OF MAGNOLIA HOMEOWNERS ASSOC operate?
LAKES OF MAGNOLIA HOMEOWNERS ASSOC is headquartered in San Antonio, TX.