Nonprofit · EIN 03-0415402
LAKE AREA SHARED MINISTRIES
Tax-exempt · QUINLAN, TX 75474
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $144,362 | $91,611 | $52,751 | $195,667 | $0 | $195,667 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $138,498
- Investment income
- $5,864
Expenses
- Benefits paid to members
- $28,059
- Compensation of officers, directors and key employees
- $0
- Occupancy
- $41,526
- Printing, publications and postage
- $11,845
- Other expenses
- $10,181
Balance sheet and other
- Total assets, start of year
- $142,916
- Total assets, end of year
- $195,667
- Total liabilities, end of year
- $0
- Net assets, end of year
- $195,667
- Cash, savings and investments
- $195,667
- Gross receipts
- $144,362
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANE WRIGHT | PRESIDENT AND EXECUTIVE DIRECTOR | 25 | $0 |
| VONDA JACK | VICE PRESIDENT | 25 | $0 |
| LOIS RAYL | SECRETARY | 0 | $0 |
| PHILLIP PASCHAL | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 492, QUINLAN, TX 75474-0009
- In care of
- % RODGER HAYES
- Mailing address (990-N for 2016)
- PO Box 492, Quinlan TX 75474
- Principal officer (990-N for 2016)
- Gary Cannon, 344 Northside, Quinlan TX 75474
- Signed the 990-EZ
- RODGER HAYES, EXECUTIVE DIRECTOR
- Website
- lakeareasharedministries.com
- Return prepared by
- D EARLS TAX SERVICE
Mission
RESIDENT ASSISTANCE WITH LIVING NEEDS
Program accomplishments
- TO PROVIDE PRESCRIPTION ASSISTANCE TO FINANCIALLY DISADVANTAGED RESIDENTS OF HUNT COUNTY
- TO PROVIDE ASSISTANCE TO FINANCIALLY DISADVANTAGED PERSONS TO PAY THEIR ELECTRIC BILL
- PROVIDING FINANCIALLY DISADVANTAGED RESIDENTS THE ACCESS TO A FOOD PANTRY AND PERSONAL CARE ITEMS THROUGH WEEKLY BOXES
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 03-0415402
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Not required (church)
- Category (NTEE)
- Religion-related (X21)
- Assets (IRS master file)
- $195,667
- Income (IRS master file)
- $144,362
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | – | – | – | IRS |
| 990-EZ | December 2023 | $191,646 | $195,971 | $142,916 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2016 Officer: Gary Cannon | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about LAKE AREA SHARED MINISTRIES
- What is the EIN of LAKE AREA SHARED MINISTRIES?
- The employer identification number (EIN) of LAKE AREA SHARED MINISTRIES is 03-0415402.
- Is LAKE AREA SHARED MINISTRIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to LAKE AREA SHARED MINISTRIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE AREA SHARED MINISTRIES file?
- Form Not required (church). Churches are not required to file.
- When is the next return of LAKE AREA SHARED MINISTRIES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE AREA SHARED MINISTRIES last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of LAKE AREA SHARED MINISTRIES?
- The 990-N for 2016 names Gary Cannon.
- Who are the officers and directors of LAKE AREA SHARED MINISTRIES?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does LAKE AREA SHARED MINISTRIES have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $144,362, expenses of $91,611 and total assets of $195,667 at year end.
Other nonprofits in QUINLAN
- TESHUVA DE REGRESO A CASA EIN 33-3509987 · last filed 990-EZ for 2025
- I7 MINISTRY EIN 42-2376251 · last filed 990-N for 2025
- PYROMANIA MINISTRIES EIN 82-1579638 · last filed 990-N for 2024
- DUCK COVE MINISTRIES EIN 85-4216297 · last filed 990-N for 2025
- ABIDING IN THE VINE MINISTRIES INC EIN 99-1392179 · last filed 990-N for 2024
- BOLES CHILDRENS HOME INC EIN 75-0904045 · last filed 990 for 2025
- QUINLIN ECONOMIC DEVELOPMENT CORPORATION EIN 75-2708994 · last filed 990 for 2025
- TEXAS BEST CHOICES ANIMAL RESCUE EIN 20-8018478 · last filed 990 for 2025