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Nonprofit · EIN 26-2665980

COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION

Tax-exempt · KATY, TX 77449

Financials

$684K$741K2023$703K$662K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$702,543$661,569$40,974$666,462$289,823$376,639
December 31, 2023990$684,405$740,585-$56,180$602,576$261,941$340,635
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$689,573
Investment income
$12,970
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,172
Accounting fees
$1,250
Occupancy
$174,995
Program services (functional)
$642,428
Management and general (functional)
$19,141

Balance sheet and other

Total assets, start of year
$602,576
Total assets, end of year
$666,462
Total liabilities, end of year
$289,823
Net assets, end of year
$376,639
Gross receipts
$702,543
Employees
0
Volunteers
5
Year formed
2008
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
DAVID MACLELLANPRESIDENT
Trustee or director
3$0
RYAN WARDTREASURER
Trustee or director
3$0
LINDA LIAWSECRETARY
Trustee or director
3$0
AJAY KANTHETIVICE PRESIDENT
Trustee or director
3$0
CHANDRA REDDIMEMBER
Trustee or director
3$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SUNNY GOOMBERPRESIDENT
Trustee or director, Officer
2$0
AMY SANSEVERINOVICE PRESIDE
Trustee or director, Officer
2$0
ALLEN THOMASSECRETARY
Trustee or director, Officer
2$0
DAVID MACLELLANTREASURER
Trustee or director, Officer
2$0
THOMAS FONSDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2002 W GRAND PARKWAY, KATY, TX 77449-1963
In care of
% GRAHAM MANAGEMENT
Principal officer (990 for 2024)
DAVID MACLELLAN, 2002 W GRAND PKWY N STE 100, KATY, TX 77449
Signed the 990
DAVID MACLELLAN, PRESIDENT
Phone
(281) 870-0585
Return prepared by
K S NAGESH CPA PC

Mission

TO PERFORM ALL OBLIGATIONS AND DUTIES OF THE ASSOCIATION AS SPECIFIED IN THE GOVERNING DOCUEMENTS, AND TO FURTHER THE INTEREST OF ALL PERSONS WITHIN THE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • TO MAINTAIN THE LANDSCAPE OF ALL COMMON AREAS INCLUDING ALL TREES, SHRUBS, FLOWERS, AND LAKES FOR THE ENJOYMENT OF THE COMMUNITY.
    Expenses $388,695
  • TO PROVIDE MAINTAINANCE AND REPAIRS OF THE GENERAL COMMON AREAS AND RECREATIONAL FACILITIES FOR THE BENEFIT OF THE COMMUNITY.
    Expenses $163,443
  • TO PROVIDE SECURITY AND WELFARE IN THE NEIGHBORHOOD FOR THE PROTECTION OF THE COMMUNITY.
    Expenses $90,290

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
26-2665980
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$666,462
Income (IRS master file)
$702,543

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$702,543$661,569$666,462IRS
990December 2023$684,405$740,585$602,576XML
990December 2022$660,968$738,987$705,974IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 26-2665980).

Questions about COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION

What is the EIN of COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION?
The employer identification number (EIN) of COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION is 26-2665980.
Is COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2016.
Are donations to COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION 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 COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION 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 COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION 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 COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION?
The 990 for the year ended December 31, 2024 names DAVID MACLELLAN.
Who are the officers and directors of COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does COMMUNITY OF KING LAKES HOMEOWNER ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $702,543, expenses of $661,569 and total assets of $666,462 at year end.

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