Spyglass Homeowners Association in Monrovia, California (CA)

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Spyglass Homeowners Association
Employer Identification Number (EIN)237152398
Name of OrganizationSpyglass Homeowners Association
In Care of NameAlain Le Coz
Address137 E Olive Ave, Monrovia, CA 91016-3407
ActivitiesOther services or benefits to members or employees
SubsectionSocial Welfare Organization
Ruling Date09/2011
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2012
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$6,377,424
Amount of Income$3,066,542
Form 990 Revenue Amount$716,863
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Owners, Renters Organizations


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Amount of income in 2012: $3,066,542 (it was $578,312 in 2009)
Spyglass Homeowners Association: 

 $3,066,542
Other organizations performing similar types of work: 

 $134,640

Assets in 2012: $6,377,424 (it was $5,751,413 in 2009)
This organization: 

 $6,377,424
Other organizations performing similar types of work: 

 $199,724

Expenses in 2012: $370,255
Spyglass Homeowners Association: 

 $370,255
Other organizations performing similar types of work: 

 $132,037

Income to expenses ratio in 2012: 8.3
Spyglass Homeowners Association: 

 8.3
Other organizations performing similar types of work: 

 1.0

Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$716,863
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$406,683
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$226,833
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$83,347
Gross amount from sales of assets other than inventory (Securities / Other)$2,433,026 / $0
Less: cost or other basis and sales expenses (Securities / Other)$2,349,679 / $0
Gain or (loss) (Securities / Other)$83,347 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$370,255
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$370,255
Balance Sheet (for 2012)
Total assets$6,377,424
Total liabilities$15,632
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$15,632
Total net assets or fund balances$6,361,792
Retained earnings, endowment, accumulated income, or other funds$6,361,792
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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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
2Talega Maintenance Corporation15241 Laguna Canyon Rd, Irvine, CA 92618-3152CA2000-12$7,769,477
3Spyglass Homeowners Association137 E Olive Ave, Monrovia, CA 91016-3407CA2011-09$3,066,542
4San Elijo Hills Community Association9665 Chesapeake Dr Ste 300, San Diego, CA 92123-1364CA2003-03$2,803,466
5The Associates Group-Windward Village903 Calle Amanecer Suite 215, San Clemente, CA 92673-6251CA2003-09$2,770,099
6Tuscany Hills Landscape And Recreation Corporation75 Via Scenica, Lake Elsinore, CA 92532-0130CA2010-06$2,560,828
7Fairway Canyon Community Association36189 Champions Dr, Beaumont, CA 92223-9707CA2005-09$2,121,383
8Summit Community Association15241 Laguna Canyon Rd, Irvine, CA 92618-3146CA2007-02$2,030,088
9L F Maintenance Corporation15241 Laguna Canyon Rd, Irvine, CA 92618-3146CA1999-11$1,947,117
10Wolf Creek Maintenance CorporationPO BOX 1117, Corona, CA 92878-1117CA2004-09$1,060,098
11Northwood Pointe Maintenance Association16775 Von Karman Ave Ste 100, Irvine, CA 92606-4966CA2009-03$964,090
12Wild Rose Ranch Community Association9665 Chesapeake Dr Ste 300, San Diego, CA 92123-1364CA2006-06$825,457
13Scripps Ranch Villages Master Association9665 Chesapeake Dr Ste 300, San Diego, CA 92123-1364CA2011-03$818,552
14Rancho Mission Viejo Master Maintenance Corporation15241 Laguna Canyon Rd, Irvine, CA 92618-3146CA2014-09$654,596
15Aviara Premier Collection Association2355 Northside Dr Ste 350, San Diego, CA 92108-2706CA2009-08$544,416
16Talega Lifestyle Corporation15241 Laguna Canyon Rd, Irvine, CA 92618-3152CA2001-01$531,656
17Serrano Highlands Master Association15661 Red Hill Ave Ste 201, Tustin, CA 92780-7328CA2003-01$494,703
18Tejon Industrial Complex Maintenance AssociationPO BOX 1000, Lebec, CA 93243-1000CA2006-02$458,432
19Vista Norte Maintenance Corporation15241 Laguna Canyon Rd, Irvine, CA 92618-3152CA1999-05$407,683
20Santaluz Community Council1 Polaris Way Ste 100, Aliso Viejo, CA 92656-5360CA2006-09$327,937
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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