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Nonprofit · EIN 20-4168642

LAKELAND VILLAGE COMMUNITY ASSOCIATION INC

Tax-exempt · KATY, TX 77449

Financials

$3M$2.9M2023$3M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of LAKELAND VILLAGE COMMUNITY ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,043,533$2,754,441$289,092$3,894,697$1,554,913$2,339,784
December 31, 2023990$3,025,975$2,877,652$148,323$3,320,016$1,167,261$2,152,755
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,489,650
Membership dues
$2,489,650
Program service revenue
$0
Investment income
$56,210
Other revenue
$497,673

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$40,789
Accounting fees
$2,600
Program services (functional)
$2,177,186
Management and general (functional)
$577,255

Balance sheet and other

Total assets, start of year
$3,320,016
Total assets, end of year
$3,894,697
Total liabilities, end of year
$1,554,913
Net assets, end of year
$2,339,784
Gross receipts
$3,043,533
Employees
0
Year formed
2006
State of legal domicile
TX

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LOUIS EVANSPRESIDENT
Officer
10$0
MANUEL MAGALLANESV PRES
Officer
10$0
DOUG EVANSSECRETARY
Officer
10$0
RICHARD LOWSTETTERTREASURER
Officer
10$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DOUG EVANSSECRETARY
Officer
10$0
RICHARD LOWSTETTERTREASURER
Officer
10$0
LOUIS EVANSPRESIDENT
Officer
10$0
MANUEL MAGALLANESV PRES
Officer
10$0

Address and contacts

Address (IRS master file)
2002 W GRAND PKWY N STE 100, KATY, TX 77449-1964
In care of
% LOUIS EVANS
Principal officer (990 for 2024)
LOUIS EVANS, 2002 W GRAND PARKWAY N Ste 100, Katy, TX 77449
Signed the 990
LOUIS EVANS, PRESIDENT
Return prepared by
ELAINE W COMBS CPA

Mission

THE ASSOCIATION IS A TEXAS NON PROFIT CORPORATION ORGANIZED TO PROMOTE HEALTH, SAFETY, AND WELFARE AND TO PROVIDE QUASI GOVERNMENTAL CITYLIKE MUNICIPAL SERVICES SUCH AS COMMON AREA MAINTENANCE FOR THE BENEFIT AND THE BETTERMENT OF THE COMMUNITY

990 for the year ended December 31, 2024

Program accomplishments

  • THE ASSOCIATION PROVIDES RECREATIONAL PROGRAM SERVICES, COMMON AREA MAINTENANCE, ZONING, SECURITY AND STREETLIGHTS FOR THE ENTIRE COMMUNITY
    Expenses $2,177,186

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-4168642
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,894,697
Income (IRS master file)
$3,043,533

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,043,533$2,754,441$3,894,697XML
990December 2023$3,025,975$2,877,652$3,320,016XML
990December 2022$2,865,566$2,572,454$3,215,314IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 20-4168642).

Questions about LAKELAND VILLAGE COMMUNITY ASSOCIATION INC

What is the EIN of LAKELAND VILLAGE COMMUNITY ASSOCIATION INC?
The employer identification number (EIN) of LAKELAND VILLAGE COMMUNITY ASSOCIATION INC is 20-4168642.
Is LAKELAND VILLAGE COMMUNITY ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2017.
Are donations to LAKELAND VILLAGE COMMUNITY ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAKELAND VILLAGE COMMUNITY ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAKELAND VILLAGE COMMUNITY ASSOCIATION INC 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 LAKELAND VILLAGE COMMUNITY ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LAKELAND VILLAGE COMMUNITY ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names LOUIS EVANS.
Who are the officers and directors of LAKELAND VILLAGE COMMUNITY ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does LAKELAND VILLAGE COMMUNITY ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,043,533, expenses of $2,754,441 and total assets of $3,894,697 at year end.

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