Public Charity

WESTHEIMER LAKES PROPERTY OWNERS ASSOCIATION co CREST MANAGEMENT

WESTHEIMER LAKES PROPERTY OWNERS ASSOCIATION co CREST MANAGEMENT is a Public Charity headquartered in HOUSTON, TX. Financial data from the 2024 filing: $2.9M revenue, $3.1M expenses, $1.4M total assets.

EIN: 432065396 HOUSTON, TX Homeowners & Tenants Associations NTEE: L50 Latest filing: 2024
Total Revenue$2.9M
Total Expenses$3.1M
Total Assets$1.4M
Grant Records0
Filing Years2020–2024

Mission

CIVIC & SOCIAL WELFARE ORGANIZATION - PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE PUBLIC AND MEMBERS OF THE COMMUNITY THROUGH THE MAINTENANCE AND MANAGEMENT OF THE ASSOCIATION AND THE PROPERTY , AND PROVIDING SERVICES TO THE COMMUNITY.

Where $100 goes at Westheimer Lakes Property Owners Association Co Crest Management

How Westheimer Lakes Property Owners Association Co Crest Management divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$96 Programs the work itself
$4 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 $96 for programs

$71
Other expense
74% of program spending
$15
Landscape expense
16% of program spending
$10
Gate expenses
10% 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

VP/TREAS Fred Derivas
Director George Malek
Director Martha Castaneda
President Shawn Demaree

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $2.9M $3.1M $1.4M
2023 $3.0M $3.3M $1.6M
2022 $2.9M $2.8M $1.9M
2021 $2.9M $2.7M $1.9M
2020 $3.6M $3.1M $1.7M

Between 2020 and 2024, reported annual revenue declined from $3.6M to $2.9M (-19%), with total assets most recently reported at $1.4M.

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

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