Overview

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Est.

1980

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Prestonwood Homeowners Association Inc, operating in Dallas, Texas, manages security services under a Public Improvement District, primarily funded through property tax payments from Prestonwood homeowners. With an operating budget of $586.1K and total revenue of $639.4K for the 2024 filing year, the organization also fosters community engagement through communication, events, and safety initiatives. The budget is controlled by the City of Dallas and is subject to annual audits, ensuring transparency and accountability in its operations.

Mission Statement

Manage Security Police under a Public Improvement District in agreement with the City of Dallas. Funding is mainly from Dallas originating as part of property tax payments by Prestonwood Homeowners. The Budget is controlled by the City of Dallas and is audited annually. In addition the PHA provides communication, holds small events, encourages safety and community security actions.
Revenues
$639.4K
Expenses
$586.1K
Net Income:
+$53.3K
Assets
$375.2K
Liabilities
$0
Net Assets:
+$375.2K
Operating Budget
$586.1K
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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J
Jim Mills
Board Member
V
Vicki Borowski
Executive
M
Mike Kiefer
Executive

Frequently Asked Questions

What is PRESTONWOOD HOMEOWNERS ASSOCIATION INC’s budget?
In 2024, PRESTONWOOD HOMEOWNERS ASSOCIATION INC reported an annual operating budget of around $586 thousand. More detailed financial information is available to registered users.
Where does PRESTONWOOD HOMEOWNERS ASSOCIATION INC operate?
PRESTONWOOD HOMEOWNERS ASSOCIATION INC is headquartered in Dallas, TX.