Tuxford Homeowners Association Inc.

Overview

Tuxford Homeowners Association Inc. is designated as a 501(c)(7) nonprofit organization in the United States, primarily operating as a social and recreational club. The organization focuses on managing community activities within its residential area.

Purpose and Operations

The association is responsible for overseeing various aspects of community life in a dynamic swim/tennis neighborhood in North Fulton County, Georgia. This neighborhood offers 376 homes and a range of social and cultural amenities. The board of directors, composed of volunteer community members, manages the organization. Each board member serves a two-year term, with staggered terms to ensure a mix of experienced and new members. There are no term limits for board members.

The organization utilizes professional management services for its day-to-day and year-to-year tasks, which include financial management, compliance with community covenants, and other administrative duties. The board meets monthly with its property manager and assigns members to various committees as liaisons.

Financial Status

As of the fiscal year ending March 2022, Tuxford Homeowners Association had total assets of approximately $1.638 million, with no liabilities reported. The association's primary source of revenue comes from program services, contributing about 98.8% of its total income. Investment income provides the remaining balance. The organization does not report contributions or other significant revenue streams in its financial filings.

Officers and Governance

The current officers include positions such as President, Vice President, Secretary, and Treasurer. These roles are selected by the board members themselves, while the community elects the board members. Key officers include roles such as President and Secretary, but compensation for these roles is reported as $0.

Community Involvement

Tuxford Homeowners Association provides a framework for community engagement through its various committees and governance structure. However, specific details about its outreach programs or community initiatives are not widely documented in public records.

Conclusion

As a 501(c)(7) social and recreational club, Tuxford Homeowners Association Inc. plays a significant role in managing community facilities and social activities for its residents. Its governance structure and financial management reflect the organization's focus on maintaining community resources and facilitating social interaction among its members.