Stedwick Homes Corporation

Overview

Stedwick Homes Corporation is a U.S. nonprofit organization designated as a 501(c)(4) social welfare organization. It is primarily involved in the maintenance and preservation of commonly owned property and amenities within its community, with the goal of enhancing the quality of life for its residents by providing shared facilities and services.

Structure

The organization is led by a Board of Directors, which includes a president, vice president, treasurer, and several directors. The board meets regularly to make decisions regarding the management of community resources and facilities.

Operations

Stedwick Homes Corporation focuses on providing benefits and amenities to its community members, such as maintaining public spaces and overseeing community activities. The financial operations of the corporation are supported primarily through contributions and program services.

Financial Status

As of recent reports, Stedwick Homes Corporation has annual revenues around $1.1 million, with total assets valued at over $2.1 million. The corporation does not have any reported employees.

Location and Community

The corporation is part of Montgomery Village, Maryland, managing a community with approximately 1,260 units across various neighborhoods. It is managed alongside other community associations by the Montgomery Village Foundation.

Meetings and Governance

The Board of Directors holds meetings on a regular schedule, typically on the third Wednesday of certain months, to discuss and decide on matters related to community management and resource allocation.

Tax Status

As a 501(c)(4) organization, donations to Stedwick Homes Corporation are not tax-deductible. This status is typical for organizations focused on community welfare and advocacy activities.