Willow Oaks Owners Association Inc in Greensboro, North Carolina (NC)

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Willow Oaks Owners Association Inc
Employer Identification Number (EIN)412085687
Name of OrganizationWillow Oaks Owners Association Inc
Address4125 Walker Ave Ste G, Greensboro, NC 27407-1342
SubsectionCivic League
Ruling Date04/2004
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$91,660
Amount of Income$116,281
Form 990 Revenue Amount$116,281
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Owners, Renters Organizations


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Amount of income in 2013: $116,281 (it was $94,529 in 2012)
Willow Oaks Owners Association Inc: 

 $116,281
Other organizations performing similar types of work: 

 $134,640

Assets in 2013: $91,660 (it was $70,069 in 2012)
This organization: 

 $91,660
Other organizations performing similar types of work: 

 $199,724

Expenses in 2013: $93,160
This organization: 

 $93,160
Other organizations performing similar types of work: 

 $132,037

Income to expenses ratio in 2013: 1.2
This organization: 

 1.2
Other organizations performing similar types of work: 

 1.0

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$108,097$94,529$116,281
Contributions, gifts, grants, and similar amounts received$320$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$107,581$94,453$116,215
Investment income$196$76$66
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$105,090$102,509$93,160
Total net assets$74,534$66,554$89,675
Excess/Deficit for the year$3,007$-7,980$23,121
Net assets or fund balances at beginning of year$71,527$74,534$66,554
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$66,554$89,675
Balance Sheets
201120122013
Total assets$77,999$70,069$91,660
Total liabilities$3,465$3,515$1,985
Net assets or fund balances$74,534$66,554$89,675
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Quail Run Community Improvement Association Inc7170 Cherry Park Dr, Houston, TX 77095-2713TX2004-02$526,554
2Sanford Affordable Housing Development CorporationPo Box 636, Sanford, NC 27331NC1998-09$172,861
3Ocean Hill I Property Owners Association Inc, Oh1poaPo Box 323, Corolla, NC 27927NC2002-03$152,731
4Willow Oaks Owners Association Inc4125 Walker Ave Ste G, Greensboro, NC 27407-1342NC2004-04$116,281
5Chandler Pointe Homeowners Association1420 Kinsdale Drive, Raleigh, NC 27615NC2009-03$7,200
6Cooper Landing Hoa IncPo Box 129, Poplar Branch, NC 27965NC2007-01$3,300
7Wilkins Forest East Property Owners Association Inc100 Sassafrass Hill Drive, Rutherfordton, NC 28139NC2004-05$1,125
8Riverside Terrace Owners Association23 Terrace Ct, Asheville, NC 28804-7502NC2014-10$400
9Alliance Of Brunswick County Poa IncP O Box 1686, Shallotte, NC 28459-1686NC2002-07$0
10Avon Property Owners Association IncPo Box9, Avon, NC 27915NC2000-10$0
11Brentwood Neighborhood Association3304 Arrowwood Drive, Raleigh, NC 27604NC2014-04$0
12Brookstone Home Owners Association Of Morganton111 Brookstone Drive, Morganton, NC 28655NC2007-02$0
13Chatuge Shores Overlook Property Owners Association Inc318 Chatuge Shores Overlook, Hayesville, NC 28904NC2009-05$0
14Cornerstone Property Owners Inc251 Cornerstone Cove Dr, Littleton, NC 27850NC2012-03$0
15Country Club Ridge Townhomes Homeowners Association Inc118 Fox Haven Court, Lexington, NC 27292NC2007-05$0
16Emorywood Community Association6 Harrington Pl, Durham, NC 27713-1243NC2008-07$0
17Fletcher Estates Homeowners Association Inc1790 Liz Ln Ne, Leland, NC 28451-7951NC2007-11$0
18Gillette Woods Association IncPo Box 552, Tryon, NC 28782NC2012-07$0
19Greystone Place Homeowners Associaton Llc4080 Ivy Bluff Trl, Winston Salem, NC 27106NC2010-02$0
20Hillcrest Resident Organization1402 Mears St, Wilmington, NC 28401-6091NC2010-09$0
Number of organizations performing similar types of work
Alaska5
Alabama25
Arkansas10
Arizona38
California175
Colorado27
Connecticut14
District of Columbia5
Delaware24
Florida85
Georgia42
Hawaii4
Iowa8
Idaho9
Illinois25
Indiana40
Kansas7
Kentucky27
Louisiana29
Massachusetts28
Maryland44
Maine5
Michigan39
Minnesota16
Missouri26
Mississippi11
Montana9
North Carolina47
North Dakota1
Nebraska6
New Hampshire9
New Jersey59
New Mexico12
Nevada9
New York75
Ohio35
Oklahoma16
Oregon18
Pennsylvania44
Rhode Island5
South Carolina17
South Dakota6
Tennessee19
Texas431
Utah5
Virginia47
Vermont4
Washington29
Wisconsin21
West Virginia26
Wyoming2
International5
Total1,725

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