Civic Intelligence

Norchester Maintenance Fund Inc

EIN 74-1648152 • 501(c)4 • Houston, TX

Profile

Maintenance, preservation of the common property and promotion of social welfare.

722 Pin Oak Road Suite 230Houston, TX 77494

www.norchesteronline.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.08x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.10x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Net Margin

23rd percentile

-8.1%

Higher net margin than 23% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Asset Growth

13th percentile

-14%

Faster asset growth than 13% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-6.1%

Faster revenue growth than 27% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$597,803

Down $98,127 (-14%) from 2023

Liabilities

Up

$49,371

Up $5,814 (+13%) from 2023

Net Assets

Down

$548,432

Down $103,941 (-16%) from 2023

Revenue

Down

$486,253

Down $31,757 (-6.1%) from 2023

Expenses

Up

$525,862

Up $8,651 (+1.7%) from 2023

Net Income

Down

-$39,609

Down $40,408 (-5057%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0-$200KAssets 2011: $339,960Liabilities 2011: $84,397Net Assets 2011: $255,5632011Assets 2012: $257,081Liabilities 2012: $79,828Net Assets 2012: $177,2532012Assets 2013: $265,667Liabilities 2013: $88,837Net Assets 2013: $176,8302013Assets 2014: $235,792Liabilities 2014: $96,017Net Assets 2014: $139,7752014Assets 2015: $168,425Liabilities 2015: $74,759Net Assets 2015: $93,6662015Assets 2016: $228,389Liabilities 2016: $233,703Net Assets 2016: -$5,3142016Assets 2017: $299,747Liabilities 2017: $221,410Net Assets 2017: $78,3372017Assets 2018: $346,826Liabilities 2018: $178,365Net Assets 2018: $168,4612018Assets 2019: $355,476Liabilities 2019: $190,445Net Assets 2019: $165,0312019Assets 2020: $463,932Liabilities 2020: $87,485Net Assets 2020: $376,4472020Assets 2021: $605,620Liabilities 2021: $90,810Net Assets 2021: $514,8102021Assets 2022: $793,899Liabilities 2022: $106,861Net Assets 2022: $687,0382022Assets 2023: $695,930Liabilities 2023: $43,557Net Assets 2023: $652,3732023Assets 2024: $597,803Liabilities 2024: $49,371Net Assets 2024: $548,4322024

Highlighted filing

2024

Assets$597,803
Liabilities$49,371
Net Assets$548,432

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $309,6032011Expenses 2012: $363,4862012Revenue 2013: $307,536Expenses 2013: $307,959Net Income 2013: -$4232013Revenue 2014: $349,406Expenses 2014: $385,346Net Income 2014: -$35,9402014Revenue 2015: $329,535Expenses 2015: $375,644Net Income 2015: -$46,1092015Revenue 2016: $351,952Expenses 2016: $360,269Net Income 2016: -$8,3172016Revenue 2017: $352,166Expenses 2017: $268,515Net Income 2017: $83,6512017Revenue 2018: $352,186Expenses 2018: $267,495Net Income 2018: $84,6912018Revenue 2019: $395,651Expenses 2019: $287,838Net Income 2019: $107,8132019Revenue 2020: $453,066Expenses 2020: $319,404Net Income 2020: $133,6622020Revenue 2021: $462,959Expenses 2021: $325,011Net Income 2021: $137,9482021Revenue 2022: $506,286Expenses 2022: $366,813Net Income 2022: $139,4732022Revenue 2023: $518,010Expenses 2023: $517,211Net Income 2023: $7992023Revenue 2024: $486,253Expenses 2024: $525,862Net Income 2024: -$39,6092024

Highlighted filing

2024

Revenue$486,253
Expenses$525,862
Net Income-$39,609

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.98$0.49$5.48$4.86$5.26$0.40
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.96$0.44$6.52$5.18$5.17$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.94$1.07$6.87$5.06$3.67$1.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.06$0.91$5.15$4.63$3.25$1.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.64$0.87$3.76$4.53$3.19$1.34
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$1.90$1.65$3.96$2.88$1.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.47$1.78$1.68$3.52$2.67$0.85
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$2.21$0.78$3.52$2.69$0.84
2016Summary only. Only limited summary data is available for this year.$2.28$2.34$0.05$3.52$3.60$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.68$0.75$0.94$3.30$3.76$0.46
2014Detailed filing. Detailed filing data is available for this year.$2.36$0.96$1.40$3.49$3.85$0.36
2013Detailed filing. Detailed filing data is available for this year.$2.66$0.89$1.77$3.08$3.08$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.80$1.77$3.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.84$2.56$3.10
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.1
Gross Receipts
$395,651
Mission and Program Overview

Mission

Maintenance, preservation of the common property and promotion of social welfare.

Maintenance and preservation of the common areas and promotion of social welfare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$227,634-
Rtn Earn Endowment Incm Other Fnds$168,461$165,031▼ $3,430
Cash and Non-Interest-Bearing Accounts$259,341$127,842▼ $131,499
Accounts Receivable$79,147--
Prepaid Expenses and Deferred Charges$8,338--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$346,826$355,476▲ $8,650
Liabilities
Mortgage Notes Payable Secured by Investment Property$129,690$115,321▼ $14,369
Other Liabilities$29,363$64,958▲ $35,595
Accounts Payable and Accrued Expenses$19,312$6,277▼ $13,035
Deferred Revenue-$3,889-
Total Liabilities$178,365$190,445▲ $12,080
Net Assets / Fund Balance
Total Net Assets Fund Balance$168,461$165,031▼ $3,430
Total Liabilities and Net Assets / Fund Balance$346,826$355,476▲ $8,650
Compensation and Service Providers

Board Members and Trustees

NameTitle
Catherine D DunnPresident
David JonesVice President
David E RichardsDirector
Danny ErskinsSecretary
Patricia E ChinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$355,589
Investment Income
$2,846
Other Revenue
$37,216
Change in Net Assets
$107,813
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$287,838
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$34,801--$34,801
All Other Expenses$29,034--$29,034
Insurance$24,906--$24,906
Fees for Services Management-$19,200-$19,200
Office Expenses-$12,124-$12,124
Fees for Services Legal-$8,748-$8,748
Interest$2,824--$2,824
Fees for Services Accounting-$750-$750
Total Functional Expenses$247,016$40,822$0$287,838
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Assessment$64,774
Other Liability$184
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

The association uses a management company to perform duties to fulfill its mission.

Form 990, Part VI, Section A, line 6

Membership is automatic upon purchase of a lot.

Form 990, Part VI, Section A, line 7A

The board of directors are voted into office by the membership.

Form 990, Part VI, Section B, line 11B

Tax return is submitted to the board for review before filing.

Form 990, Part VI, Section C, line 19

The association's governing documents and financials are available upon request during normal business hours at the management office.

Filing and Contact Details

Filer

Filer Name
Norchester Maintenance Fund Inc
EIN
74-1648152
Phone
7133297100
Address
722 PIN OAK ROAD SUITE 230, HOUSTON, TX 77494

Signing Officer

Name
Catherine D Dunn
Title
President
Phone
7133297100
Signed
2020-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine D Dunn
Formed
1969
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Canady & Canady LLC
Address
4801 Woodway Dr STE470E, HOUSTON, TX 77056
Preparer
Scott Scarborough
Phone
7137831021
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

PLUMBING: Program service expenses 10129. Management and general expenses 0. Fundraising expenses 0. Total expenses 10129. BAD DEBT: Program service expenses 8567. Management and general expenses 0. Fundraising expenses 0. Total expenses 8567. TENNIS COURTS: Program service expenses 3123. Management and general expenses 0. Fundraising expenses 0. Total expenses 3123. BUILDINGS: Program service expenses 2978. Management and general expenses 0. Fundraising expenses 0. Total expenses 2978. NOTE/PRINCIPAL PAYABLE: Program service expenses 2670. Management and general expenses 0. Fundraising expenses 0. Total expenses 2670. MISCELLENEOUS: Program service expenses 1567. Management and general expenses 0. Fundraising expenses 0. Total expenses 1567.

Raw XML Appendix337 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION USES A MANAGEMENT COMPANY TO PERFORM DUTIES TO FULFILL ITS MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP IS AUTOMATIC UPON PURCHASE OF A LOT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE VOTED INTO OFFICE BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TAX RETURN IS SUBMITTED TO THE BOARD FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ASSOCIATION'S GOVERNING DOCUMENTS AND FINANCIALS ARE AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS AT THE MANAGEMENT OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PLUMBING: Program service expenses 10129. Management and general expenses 0. Fundraising expenses 0. Total expenses 10129. BAD DEBT: Program service expenses 8567. Management and general expenses 0. Fundraising expenses 0. Total expenses 8567. TENNIS COURTS: Program service expenses 3123. Management and general expenses 0. Fundraising expenses 0. Total expenses 3123. BUILDINGS: Program service expenses 2978. Management and general expenses 0. Fundraising expenses 0. Total expenses 2978. NOTE/PRINCIPAL PAYABLE: Program service expenses 2670. Management and general expenses 0. Fundraising expenses 0. Total expenses 2670. MISCELLENEOUS: Program service expenses 1567. Management and general expenses 0. Fundraising expenses 0. Total expenses 1567.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0346826
IRS990/TotalAssetsEOYAmt0355476
IRS990/TotalAssetsGrp/BOYAmt0346826
IRS990/TotalAssetsGrp/EOYAmt0355476
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040822
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0247016
IRS990/TotalFunctionalExpensesGrp/TotalAmt0287838
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0178365
IRS990/TotalLiabilitiesEOYAmt0190445
IRS990/TotalLiabilitiesGrp/BOYAmt0178365
IRS990/TotalLiabilitiesGrp/EOYAmt0190445
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0168461
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0165031
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0247016
IRS990/TotalProgramServiceRevenueAmt0355589
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0395651
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0395651
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0346826
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0355476
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0722 PIN OAK ROAD SUITE 230
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077494
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.norchesteronline.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHERINE D DUNN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07133297100
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORCHESTER MAINTENANCE FUND INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O HIGH SIERRA MANAGEMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0NORC
ReturnHeader/Filer/EIN0741648152
ReturnHeader/Filer/PhoneNum07133297100
ReturnHeader/Filer/USAddress/AddressLine1Txt0722 PIN OAK ROAD SUITE 230
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077494
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B0C688681C194A6349860D4B9A94F6727FB8D050
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0334A03D656857DA747BA4F179ADB4F334D278FBF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.210.193.106
ReturnHeader/FilingSecurityInformation/IPDt02020-11-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm017:14:17
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0820961820
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CANADY & CANADY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04801 Woodway Dr STE470E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077056
ReturnHeader/PreparerPersonGrp/PhoneNum07137831021
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT SCARBOROUGH
ReturnHeader/ReturnTs02020-11-12T13:32:35-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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