THE TOWN CENTER OWNERS ASSOCIATION

EIN: 760533645 Human Services

Katy, TX

Total Revenue
$2,720,301
Total Expenses
$4,457,939
Total Assets
$7,358,571
Net Assets
$7,158,800
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
TX
Phone
2813041318
Tax Period
2025-01-01 to 2025-12-31

THE TOWN CENTER OWNERS ASSOCIATION, founded in 1996, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2025. Expenses of $4.5M exceeded revenue, resulting in a 64% operating deficit.

Mission

The Organization was formed as the entity responsible for the acquisition, construction, operation and maintenance of captial improvements.The Association consists of owners of mixed residential and commercial property in a development known as The Town Center.

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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 $2,611,129
Investment Income $67,595
Other Revenue $41,577
TOTAL REVENUE $2,720,301

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,354,539
Other Expenses $4,457,939
TOTAL EXPENSES $4,457,939

Year-over-Year Comparison

2025 2024 Change
Revenue $2,720,301 $2,758,926 0.0%
Expenses $4,457,939 $2,297,237 +0.9%
Net Income $-1,737,638 $461,689 -4.8%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
2
Employees
N/A
Volunteers
6

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kelly Dietrich President 2.00
Officer Director
$0 $0 $0
Amy Brown Treasurer 2.00
Officer Director
$0 $0 $0
Alex Sutton Secretary 2.00
Officer Director
$0 $0 $0
William Fehmer Vice President 2.00
Officer Director
$0 $0 $0
John Rosenberg Director 2.00
Director
$0 $0 $0
Mike Bakewell Director 2.00
Director
$0 $0 $0
Marshall Jordan Director 2.00
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 $2,720,301 $4,457,939 $7,358,571 $-1,737,638
2024 $2,758,926 $2,297,237 $8,901,840 $461,689
2023 $2,659,540 $2,228,149 $9,888,367 $431,391
2022 $2,265,220 $605,997 $8,150,175 $1,659,223
2021 $3,401,761 $197,775 $6,380,616 $3,203,986
2020 $3,262,330 $216,947 $4,610,201 $3,045,383
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