Nonprofit · EIN 32-0179715
TOWNE LAKE COMMUNITY ASSOCIATION INC
Tax-exempt · CYPRESS, TX 77433
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $10,774,957 | $10,448,887 | $326,070 | $7,776,195 | $7,770,037 | $6,158 |
| December 31, 2024 | 990 | $10,094,942 | $9,842,587 | $252,355 | $6,636,830 | $6,956,742 | -$319,912 |
| December 31, 2023 | 990 | $9,005,094 | $8,572,274 | $432,820 | $4,515,947 | $5,094,533 | -$578,586 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $9,739,410
- Investment income
- $155,277
- Other revenue
- $880,270
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $347,114
- Accounting fees
- $8,000
- Depreciation
- $11,238
- Program services (functional)
- $9,739,421
- Management and general (functional)
- $709,466
Balance sheet and other
- Total assets, start of year
- $6,636,830
- Total assets, end of year
- $7,776,195
- Total liabilities, end of year
- $7,770,037
- Net assets, end of year
- $6,158
- Land, buildings and equipment
- $39,059
- Gross receipts
- $10,774,957
- Employees
- 0
- Volunteers
- 5
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Crahan | President Trustee or director, Officer | 2 | $0 |
| Miranda Hadamik | Vice President Trustee or director | 2 | $0 |
| Alissa Faircloth | Secretary Trustee or director, Officer | 2 | $0 |
| George Edwards | Treasurer Trustee or director, Officer | 2 | $0 |
| Donald Schubot | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Crahan | President Trustee or director, Officer | 2 | $0 |
| Miranda Hadamik | Vice President Trustee or director | 2 | $0 |
| Alissa Faircloth | Secretary Trustee or director, Officer | 2 | $0 |
| George Edwards | Treasurer Trustee or director, Officer | 2 | $0 |
| Donald Schubot | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Crahan | President Trustee or director, Officer | 2 | $0 |
| Miranda Hadamik | Vice President Trustee or director | 2 | $0 |
| Jennifer Christopher | Secretary Trustee or director | 2 | $0 |
| Alissa Faircloth | Director Trustee or director | 2 | $0 |
| Bill Collier | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 9214 W BRIDGEPORT PASS CIR, CYPRESS, TX 77433-2655
- In care of
- % PCMI
- Principal officer (990 for 2025)
- George Edwards, 9214 West Bridgeport Pass Circle, Cypress, TX 77433
- Signed the 990
- George Edwards, Treasurer
- Phone
- (281) 213-4132
- Return prepared by
- Canady & Canady LLC
Mission
To provide security, law enforcement, street lights, architectural zoning and maintain the common areas such as the esplanades, lakes, parks, playgrounds and swimming pool to benefit the entire community
Program accomplishments
- To provide security, law enforcement, street lights, architectural zoning and maintain the common areas such as the esplanades, lakes, parks, playgrounds and swimming pool to benefit the entire communityExpenses $9,739,421
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 | 990 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
- 32-0179715
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L50)
- Assets (IRS master file)
- $7,776,195
- Income (IRS master file)
- $10,774,957
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $10,774,957 | $10,448,887 | $7,776,195 | XML |
| 990 | December 2024 | $10,094,942 | $9,842,587 | $6,636,830 | IRS |
| 990 | December 2023 | $9,005,094 | $8,572,274 | $4,515,947 | XML |
| 990 | December 2022 | $7,527,737 | $7,650,818 | $4,924,766 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 32-0179715).
Questions about TOWNE LAKE COMMUNITY ASSOCIATION INC
- What is the EIN of TOWNE LAKE COMMUNITY ASSOCIATION INC?
- The employer identification number (EIN) of TOWNE LAKE COMMUNITY ASSOCIATION INC is 32-0179715.
- Is TOWNE LAKE COMMUNITY ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2012.
- Are donations to TOWNE LAKE COMMUNITY ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TOWNE LAKE 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 TOWNE LAKE COMMUNITY ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TOWNE LAKE COMMUNITY ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of TOWNE LAKE COMMUNITY ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names George Edwards.
- Who are the officers and directors of TOWNE LAKE COMMUNITY ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does TOWNE LAKE COMMUNITY ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $10,774,957, expenses of $10,448,887 and total assets of $7,776,195 at year end.
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