Public Charity

NORTH OAKS HOME OWNERS' ASSOCIATION INC

NORTH OAKS HOME OWNERS' ASSOCIATION INC, of NORTH OAKS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.8M in revenue, $3.8M in expenses, $6.6M in total assets.

EIN: 237126270 NORTH OAKS, MN Latest filing: 2024
Total Revenue$3.8M
Total Expenses$3.8M
Total Assets$6.6M
Grant Records0
Filing Years2019–2024

Mission

PRESERVE AND ENHANCE NORTH OAKS THROUGH OUTSTANDING LEADERSHIP, SERVICES AND STEWARDSHIP OF OUR RESOURCES

Where $100 goes at North Oaks Home Owners' Association Inc

How North Oaks Home Owners' Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$49
Maintenance, plowing and resurfacing of association private road system
61% of program spending
$17
Maintenance of association's grounds and facilities
21% of program spending
$15
Recreation activities for the benefit of North Oaks homeowners association members and their families
18% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Andrew Hawkins
DIRECTOR Becky Orttel
SECRETARY Bill Long
DIRECTOR Courtland Borle
DIRECTOR Damien Lepoutre
DIRECTOR Julia Hupperts

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.8M $3.8M $6.6M
2023 $3.7M $3.6M $5.9M
2022 $3.4M $2.9M $6.2M
2020 $2.5M $2.8M $4.8M
2019 $2.2M $2.2M $3.2M

Between 2019 and 2024, reported annual revenue grew from $2.2M to $3.8M (+75%), with total assets most recently reported at $6.6M.

Interactive year-over-year charts and full filing details available with membership.

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