2025-04-22T14:02:30+00:00 2024-12-31 440160260 Forvis Mazars LLP 14221 Dallas Parkway Suite 400 Dallas TX 75254 990EZ 2024-01-01 261083914 FORT WORTH MAGNOLIA GREEN ASSOCIATION INC FORT 8178773300 500 W 7th Street Suite 400 Fort Worth TX 76102 Ronnie Woolbright Treasurer 8178773300 2025-04-22 true Jeanette Verrelli P00742631 9727028262 2024 2025-03-06 01:10:19Z X X X N/A X X 54092 X 54086 6 0 0 0 0 54092 0 825 6257 15012 20 30891 53005 1087 32130 -4720 28497 X 33104 34113 0 0 111 136 33215 34249 1084 5752 32130 28497 X THE ADMINISTRATION AND ENFORCEMENT OF COVENANTS FOR PRESERVING ARCHITECTURE AND APPEARANCE OF DEVELOPMENT AND THE MAINTENANCE OF COMMON AREAS, INCLUDING STREETS, GREEN AREAS, AND SIDEWALKS, IN A MIXED USE DEVELOPMENT. THE ASSOCIATION IS A MEMBERSHIP ORGANIZATION THAT WAS FORMED BY THE DEVELOPER OF MAGNOLIA GREEN, A MIXED USE DEVELOPMENT, AND IS OPERATED TO ADMINISTER AND ENFORCE COVENANTS FOR PRESERVING THE ARCHITECTURE AND APPEARANCE OF THE DEVELOPMENT, AND TO MAINTAIN COMMON GREEN AREAS, STREETS, AND SIDEWALKS ("COMMON AREAS") FOR THE USE OF ALL DEVELOPMENT OCCUPANTS AND MEMBERS OF THE GENERAL PUBLIC WHO USE SUCH COMMON AREAS. THE ASSOCIATION IS SUPPORTED BY ANNUAL MEMBER ASSESSMENTS. ITS ACTIVITIES ARE FOR THE COMMON BENEFIT OF THE WHOLE DEVELOPMENT RATHER THAN FOR INDIVIDUAL PROPERTY OWNERS OR THE DEVELOPER. 46493 46493 Jack A Clark PRESIDENT/DIRECTOR 1.000 0 0 0 Grant Summers VICE PRESIDENT/DIRECTOR 1.000 0 0 0 Paul Coulter DIRECTOR 1.000 0 0 0 Mike Brennan SECRETARY 1.000 0 0 0 Ronnie Woolbright TREASURER 1.000 0 0 0 false false false false false false false 0 false false RED OAK REALTY LLC 500 W 7TH STREET SUITE 400 Fort Worth TX 76102 8178773300 false false false false false false false false Form 990-EZ, Part I, Line 16 Other Expenses TRAVEL - 128; MANAGEMENT FEES - 6000; LANDSCAPING - 11901; SECURITY CONTRACT - 3967; DAY PORTER - 8086; SIGNAGE - SITE - 232; FIRE/LIFE SAFETY CONTRACT - 100; COMPUTER/SOFTWARE - 59; Miscellaneous Expense - 418; Form 990-EZ, Part I, Line 20 Net Assets Change PRIOR PERIOD ADJUSTMENT - -4720; Form 990-EZ, Part II, Line 24b Other Assets ACCOUNTS RECEIVABLE AND AMOUNT - BOY:111,EOY:136; Form 990-EZ, Part II, Line 26b Total Liabilities ACCRUED PAYABLES - BOY:346,EOY:5028; ACCOUNTS PAYABLE - BOY:0,EOY:724; DUE TO RED OAK REALTY - BOY:738,EOY:0; Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE THE ADMINISTRATION AND ENFORCEMENT OF COVENANTS FOR PRESERVING ARCHITECTURE AND APPEARANCE OF DEVELOPMENT AND THE MAINTENANCE OF COMMON AREAS, INCLUDING STREETS, GREEN AREAS, AND SIDEWALKS, IN A MIXED USE DEVELOPMENT. Form 990EZ, Part III, Line 28 DESCRIPTION OF OTHER PROGRAM SERVICES THE ASSOCIATION IS A MEMBERSHIP ORGANIZATION THAT WAS FORMED BY THE DEVELOPER OF MAGNOLIA GREEN, A MIXED USE DEVELOPMENT, AND IS OPERATED TO ADMINISTER AND ENFORCE COVENANTS FOR PRESERVING THE ARCHITECTURE AND APPEARANCE OF THE DEVELOPMENT, AND TO MAINTAIN COMMON GREEN AREAS, STREETS, AND SIDEWALKS ("COMMON AREAS") FOR THE USE OF ALL DEVELOPMENT OCCUPANTS AND MEMBERS OF THE GENERAL PUBLIC WHO USE SUCH COMMON AREAS. THE ASSOCIATION IS SUPPORTED BY ANNUAL MEMBER ASSESSMENTS. ITS ACTIVITIES ARE FOR THE COMMON BENEFIT OF THE WHOLE DEVELOPMENT RATHER THAN FOR INDIVIDUAL PROPERTY OWNERS OR THE DEVELOPER.