Get the free Annual Statement of Community Benefits Standard - 2023

This is the Annual Statement of Community Benefits Standard form for the year 2023. It is used by Texas nonprofit hospitals to report their community benefits and charity care activities. The form collects information on net patient revenue, charity care, government-sponsored indigent health care, and other community benefits provided by the hospital. It also includes sections for reporting subsidized health services, donations, research-related costs, education-related costs, and the...

How to fill out annual statement of community

How to fill out annual statement of community

1. Obtain the annual statement of community form from the appropriate authority.
2. Fill in all required details accurately, including the community name, address, contact information, and any other requested information.
3. Provide information on the community's activities, events, and goals for the year.
4. Include any financial information or reports as necessary.
5. Review the completed form for accuracy and completeness before submitting it to the authority.

Who needs annual statement of community?

1. Homeowners associations
2. Condo associations
3. Community organizations

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What is annual statement of community?

The annual statement of community is a report that summarizes the financial activities and status of a community or homeowners association for a specific fiscal year.

Who is required to file annual statement of community?

Homeowners associations and community associations are required to file an annual statement of community.

How to fill out annual statement of community?

The annual statement of community can be filled out by compiling financial information such as income, expenses, reserves, and any other relevant financial data for the fiscal year.

What is the purpose of annual statement of community?

The purpose of the annual statement of community is to provide transparency and accountability regarding the financial activities of the community or homeowners association.

What information must be reported on annual statement of community?

Information such as income, expenses, reserves, budget, assessments, delinquencies, and any other financial data relevant to the community must be reported on the annual statement of community.