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Filing year 2024

INVERNESS HOMEOWNERS ASSOC INC

Dallas, Texas·EIN 74-2898630·NTEE L50 · Housing & Shelter·4
Total revenue
$557k
Total assets
$295k
Total expenses
$481k
Reported officers
5
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, THE SURROUNDING NEIGHBORHOODS AND THE PUBLIC TO PROTECT AND ENHACE THE QUALITY OF LIFE. THE LANDSCAPING AND IRRIGATION SYSTEM ARE CONTINUALLY MAINTAINED BY CONTRACTORS. STREET LIGHTS, SIDEWALKS, WALKING TRAILS, COMMON AREA WALLS, GATES AND FANCES ARE MAINTAINED FOR SAFETY AND SECURITY OF THE COMMUNITY. OVERSIGHT BY THE BOARD AND MANAGEMENT COMPANY IS NECESSARY TO ENSURE PROPER AND CONTINUED MAINTENANCE. THE PARK, WALKING TRAILS, AND LANDSCAPE COMMON AREAS ARE FOR EVERYONE TO ENJOY AND TO PROVIDE NOISE BUFFERS THUS MAINTAINING A PEACEFUL ENVIRONMENT FOR THE COMMUNITY. THE CONSERVATION AREA IS CONTROLLED FROM DEVELOPMENT TO PRESERVE THE WILDLIFE HABITAT AND WATERSHED AREA.

Reported officers (all unpaid)

No paid executives reported in 2024. INVERNESS HOMEOWNERS ASSOC INC reported 5 unpaid officers and board members on its 990.

Director
Director
Director
Director
Director
Financial trend

Revenue and expenses over time

INVERNESS HOMEOWNERS ASSOC INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$543k
$576k
2023
$557k
$481k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Texas

INVERNESS HOMEOWNERS ASSOC INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Texas earns a median of $64,362.

25th percentile
$22k
Median
$64,362
75th percentile
$126k
90th percentile
$178k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 58 organizations across 58 filings (2021 – 2023).

See full Housing & Shelter pay data for Texas
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