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VIRIDIAN RESIDENTIAL ASSOCIATION INC
SCOTTSDALE, AZ · EIN 455332711 · Form 990 · FY2020 · NTEE S20 · Community Improvement · Medium ($1M-$10M) · viridiandfw.com
revenue
$4.2M
expenses
$3.7M
net assets
$2.9M
employees
0
program ratio
95%
mission · from form 990

THE ASSOCIATION WORKS TO EMBODY, REFLECT, AND CARRY FORWARD THE GENERAL DESIGN AND GOALS OF THE COMMUNITY AND TO TAKE SUCH ACTIONS AS IT DEEMS NECESSARY TO ACCOMPLISH THESE GOALS. GOING BEYOND THE PHYSICAL DEVELOPMENT AND PRESERVATION OF THE LAND, THE ASSOCIATION IS TO PERPETUATE THE SENSE OF COMMUNITY LIFE AND SPIRIT AND TO BE RESPONSIBBLE FOR AND INVOLVED IN PROGRAMS AND ACTIVITIES WHICH CONTRIBUTE POSTIVELY TO ITS RESIDENTS AND TO THE REGION OF WHICH IT IS A PART.

profile · synthesized from sources

VIRIDIAN RESIDENTIAL ASSOCIATION INC is a homeowners association managing the Viridian master-planned community in Arlington, Texas. The association is responsible for protecting property values, preserving the community's aesthetics, and maintaining amenities for residents. It also oversees the Elements at Viridian, a 55+ active adult community within the larger development.

irs program accomplishments · form 990 part iii · fy2020

what they reported doing

Program narrative the organization filed with the IRS. Ordered by program spending.

  1. #1 primary $172K
    PROVIDE RECREATIONAL ACTIVITIES FOR THE MEMBERS OF THE COMMUNITY.
named programs · 2 · from sources

what they call their work

Elements at Viridian
A 55+ active adult community within Viridian offering resident-only amenities, a lifestyle director, and low-maintenance homes designed for older adults.
Viridian Residents Association (VRA)
Manages the Viridian community, protects property values, preserves community beauty and lifestyle, and provides resources for residents.
activities · 4 groups

what they do

  • Residential Community Recreation Management 5 activities
    • Community Amenities and Services
      Provides residents with access to community amenities including swimming pools at the Lake Club, the Viridian Tennis Center, Viridian Beach, parks, and playgrounds, enhancing the quality of life for over 3,400 residents.
    • Community Amenity Management
      Manages and provides access to a range of community amenities including the Viridian Sailing Center for non-motorized water activities on Lake Viridian, pet-friendly spaces like the Arrowhead Dog Park, swimming pools, a tennis center, Viridian Beach, parks, playgrounds, and miles of trails through 850 acres of green space.
    • Community Amenity Provision
      Provides residents with access to a wide range of community amenities, including swimming pools, a tennis center, a beach, parks, playgrounds, a sailing center for non-motorized water activities on Lake Viridian, and pet-friendly spaces like the Arrowhead Dog Park. The community also features natural amenities such as a lake for paddleboarding, 850 acres of green space with miles of trails, and pocket parks, with homes having access to a 2,000-acre trail system.
    • Community Amenity Provision and Maintenance
      Provides and maintains a wide range of community amenities for over 3,400 residents, including swimming pools, a tennis center, a beach, parks, playgrounds, a sailing center for non-motorized water activities, pet-friendly spaces like Arrowhead Dog Park, and miles of trails through 850 acres of green space, with access to River Legacy Park.
    • Outdoor and Recreational Activities
      Operates the Viridian Sailing Center, providing residents with direct access to Lake Viridian for non-motorized water activities, and offers natural amenities including a lake for paddleboarding, parks, and miles of trails through 850 acres of green space.
  • Member-Focused Social Events 4 activities
    • Community Engagement and Events
      Employs an on-site lifestyle director to plan clubs, festivals, and events for both children and adults, fostering community engagement among residents.
    • Community Event Planning
      Employs an on-site lifestyle director to organize clubs, festivals, and events for both children and adults within the community.
    • Community Event Planning and Facilitation
      Employs an on-site lifestyle director to organize clubs, festivals, and events for both children and adults, and facilitates resident access to River Legacy Park.
    • Community Event Planning and Lifestyle Management
      Employs an on-site lifestyle director to organize clubs, festivals, and events for both children and adults within the community.
  • Enforcement of Community Standards and Aesthetics 4 activities
    • Community Maintenance and Aesthetics
      Maintains clean and aesthetically enhanced community spaces with seasonal decorations, ensuring a pleasant living environment for residents.
    • Property Management and Community Preservation
      Protects property values and maintains the aesthetic appeal and lifestyle quality of the Viridian community, including keeping community spaces clean and seasonally decorated.
    • Property Management and Community Preservation
      Protects property values and maintains the aesthetic appeal and lifestyle quality of the Viridian community, including keeping community spaces clean and decorated seasonally.
    • Property Management and Community Preservation
      Protects property values and maintains the aesthetic appeal and lifestyle quality of the Viridian community for its over 3,400 residents.
  • Permanent Affordable Housing Development 4 activities
    • Residential Development
      Offers move-in ready two and three-bedroom single-story townhomes equipped with upgraded appliances and Smart Home technology, and has developed and sold all homesites on The Island, a residential area within the Viridian community.
    • Residential Development and Sales
      Develops and sells homesites, including move-in ready two and three-bedroom single-story townhomes with upgraded features, and has released new homesites in the 55+ community. The organization has also developed and sold all homesites on The Island.
    • Residential Development and Sales
      Develops and sells homesites, including move-in ready two and three-bedroom single-story townhomes with upgraded features, and has released new homesites in 55+ communities. The organization has also developed and sold all homesites on The Island within the Viridian community.
    • Residential Housing Provision
      Provides move-in ready two and three-bedroom single-story townhomes equipped with upgraded appliances, smart home technology, and two-car garages, including releasing new homesites in the 55+ community.
financials · form 990 · fy2020
revenue
Total revenue$4.22M
Contributions & grants$00%
Program service revenue$4.21M100%
Investment income$9K0%
Other revenue$5K
expenses
Total expenses$3.71M
Program expenses95%
Admin / overhead5%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$3.63M
Cash$3.15M
Investments$0
Liabilities$768K
Net assets$2.86M
Liquid reserves10.2 mo
1 years on record · 2020–2020
leadership · form 990 part vii · fy2020

who runs it

board members · 4
  • DEBRA MEERS — SECRETARY
  • HOWARD PORTEUS — PRESIDENT
  • JASON BEREND — TREASURER
  • ROBERT KEMBEL — VICE PRESIDENT
relationships · 5

who they work with

  • CCMC Community Association Management Partner — A leading management company within residential real estate that services the Viridian Residents Association.
  • David Weekley Homes Partner — Collaborates with Viridian Residential Association Inc on new homebuyer incentives
  • David Weekley Homes Partner — One of the builders to whom Elements at Viridian released new homesites.
  • Drees Custom Homes Partner — One of the builders to whom Elements at Viridian released new homesites.
  • River Legacy Park Partner — Provides linked access for residents to River Legacy Park for recreational and environmental engagement.