WESTCHASE SECTION THREE COMMUNITY ASSOC INC

EIN: 752858198 Community Improvement

HOUSTON, TX

Total Revenue
$209,320
Total Expenses
$263,594
Total Assets
$1,181,164
Net Assets
$1,181,164
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
TX
Principal Officer
MICHAEL COX
Phone
7133663143
Tax Period
2025-01-01 to 2025-12-31

WESTCHASE SECTION THREE COMMUNITY ASSOC INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $209K in total revenue in fiscal year 2025. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $264K exceeded revenue, resulting in a 26% operating deficit.

Mission

PRESERVING AND MAINTAINING THE UNIFORM STANDARDS AND QUALITY AS WELL AS THE NATURAL BEAUTY AND AESTHETIC VALUE OF PROPERTY IN THAT CERTAIN COMMERCIAL REAL ESTATE DEVELOPMENT IN HOUSTON, HARRIS COUNTY, TEXAS KNOWN AS WESTCHASE, SECTION THREE. PERFORM ANY AND ALL ACTS THAT MAY BE NECESSARY FOR, OR INCIDENTAL TO, THE EXERCISE OF THE FOREGOING POWERS, OR FOR THE PEACE, HEALTH, COMFORT, SAFETY, OR GENERAL WELFARE OF THE PROPERTY OWNERS, TENANTS, AND MEMBERS OF THE GENERAL PUBLIC IN WESTCHASE, SECTION THREE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $3,724
Other Revenue $205,596
TOTAL REVENUE $209,320

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $207,418
Other Expenses $263,594
TOTAL EXPENSES $263,594

Year-over-Year Comparison

2025 2024 Change
Revenue $209,320 $349,818 -0.4%
Expenses $263,594 $248,454 +0.1%
Net Income $-54,274 $101,364 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL COX PRESIDENT 2.00
Officer Director
$0 $0 $0
CHARLES LUSK III SECRETARY & TREASURER 2.00
Officer Director
$0 $0 $0
SUNDARESH KAMATH VICE-PRESIDENT 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $209,320 $263,594 $1,181,164 $-54,274
2024 $349,818 $248,454 $1,235,438 $101,364
2023 $321,719 $286,069 $1,146,519 $35,650
2022 $346,719 $266,676 $1,098,423 $80,043
2021 $274,458 $212,585 $1,018,380 $61,873
2020 $225,401 $246,157 $956,507 $-20,756
2019 $307,542 $249,742 $977,263 $57,800
2018 $176,252 $220,331 $919,463 $-44,079
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