Nonprofit · EIN 23-7162983
INVERNESS FOREST ASSOCIATION INC
Tax-exempt · OLNEY, MD 20832
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $306,659 | $264,205 | $42,454 | $734,412 | $82,924 | $651,488 |
| December 31, 2023 | 990 | $291,307 | $268,609 | $22,698 | $681,914 | $90,429 | $591,485 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $292,562
- Membership dues
- $292,562
- Program service revenue
- $0
- Investment income
- $14,097
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $16,121
- Accounting fees
- $4,160
- Program services (functional)
- $186,313
- Management and general (functional)
- $77,892
Balance sheet and other
- Total assets, start of year
- $681,914
- Total assets, end of year
- $734,412
- Total liabilities, end of year
- $82,924
- Net assets, end of year
- $651,488
- Net assets without donor restrictions
- $29,119
- Net assets with donor restrictions
- $622,369
- Gross receipts
- $306,659
- Employees
- 0
- Volunteers
- 6
- Year formed
- 1969
- State of legal domicile
- MD
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bernal Jimenez | President Officer | – | $0 |
| Penny Khan | Vice President Officer | – | $0 |
| Danny Uhr | Secretary Officer | – | $0 |
| Chris Dromerick | Director Trustee or director | – | $0 |
| Mandy Littlepage | Director Trustee or director | – | $0 |
| Victor Cid | Director Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bernal Jimenez | President Officer | – | $0 |
| Penny Khan | Vice President Officer | – | $0 |
| Danny Uhr | Secretary Officer | – | $0 |
| Chris Dromerick | Director Trustee or director | – | $0 |
| Gino Parisi | Director Trustee or director | – | $0 |
| Mandy Littlepage | Director Trustee or director | – | $0 |
| Victor Cid | Director Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 3414 MORNINGWOOD DR, OLNEY, MD 20832-2260
- Principal officer (990 for 2024)
- Bernal Jimenez, 3414 Morningwood Dr, Olney, MD 20832
- Signed the 990
- Danny Uhr, Treasurer
- Phone
- (301) 924-7355
- Return prepared by
- GOLDKLANG GROUP CPAS PC
Mission
Maintenance of common property
Program accomplishments
- The Association was organized to collectively maintain and preserve commonly owned properties and amenities for the pleasure and benefit of the general public.Expenses $186,313 · revenue $306,659
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7162983
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1972
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $734,412
- Income (IRS master file)
- $306,659
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $306,659 | $264,205 | $734,412 | XML |
| 990 | December 2023 | $291,307 | $268,609 | $681,914 | XML |
| 990 | December 2022 | $275,951 | $273,117 | $643,578 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 23-7162983).
Questions about INVERNESS FOREST ASSOCIATION INC
- What is the EIN of INVERNESS FOREST ASSOCIATION INC?
- The employer identification number (EIN) of INVERNESS FOREST ASSOCIATION INC is 23-7162983.
- Is INVERNESS FOREST ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1972.
- Are donations to INVERNESS FOREST ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INVERNESS FOREST 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 INVERNESS FOREST 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 INVERNESS FOREST 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 INVERNESS FOREST ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names Bernal Jimenez.
- Who are the officers and directors of INVERNESS FOREST ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does INVERNESS FOREST ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $306,659, expenses of $264,205 and total assets of $734,412 at year end.
Other nonprofits in OLNEY
- OLNEY THEATRE CORPORATION EIN 52-1149571 · last filed 990 for 2025
- STEPHEN C ROSE LEGACY FOUNDATION EIN 47-4730275 · last filed 990 for 2024
- WINTER GROWTH INC EIN 52-1153556 · last filed 990 for 2025
- NRH REGIONAL REHAB AT OLNEY INC EIN 52-2310902 · last filed 990 for 2025
- OLNEY BOYS AND GIRLS COMMUNITY SPORTS ASSOCIATION INC EIN 23-7008610 · last filed 990 for 2025
- WASHINGTON CHRISTIAN SCHOOL SOCIETY INC EIN 52-0733737 · last filed 990 for 2025
- PARKINSON FOUNDATION OF THE NATIONAL CAPITAL AREA EIN 54-2048636 · last filed 990 for 2025
- NORTHGATE HOMES ASSOCIATION EIN 52-1048820 · last filed 990 for 2024