Nonprofit · EIN 38-1863626
LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION
Tax-exempt · GAYLORD, MI 49735
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2025 | 990 | $411,431 | $340,355 | $71,076 | $748,946 | $221,192 | $527,754 |
Financial details: 990 for the year ended February 28, 2025
Revenue
- Contributions, gifts and grants
- $295,979
- Membership dues
- $282,157
- Program service revenue
- $49,102
- Investment income
- $10,870
- Royalties
- $6,572
- Net gain from sales of assets
- $1,610
- Other revenue
- $55,480
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $4,716
- Other salaries and wages
- $88,321
- Salaries, compensation and benefits (total)
- $101,925
- Professional fundraising fees
- $0
- Legal fees
- $809
- Accounting fees
- $1,276
- Occupancy
- $25,849
- Depreciation
- $17,223
- Program services (functional)
- $177,614
- Management and general (functional)
- $162,741
Balance sheet and other
- Total assets, start of year
- $677,087
- Total assets, end of year
- $748,946
- Total liabilities, end of year
- $221,192
- Net assets, end of year
- $527,754
- Land, buildings and equipment
- $564,865
- Gross unrelated business income
- $8,182
- Gross receipts
- $411,431
- Employees
- 0
- Year formed
- 1964
- State of legal domicile
- MI
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 February 28, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDY RACE | TREASURER Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 7065 ARROWROOT TRL, GAYLORD, MI 49735-9685
- In care of
- % JUDY RACE
- Signed the 990
- JUDY RACE, TREASURER
- Phone
- (231) 585-7411
- Website
- WWW.LAPOA.COM
- Return prepared by
- Hanley CPA PLLC
Mission
LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION IS ORGANIZED FOR THE BENEFIT OF ITS PROPERTY OWNERS. THE ASSOCIATION MAINTAINS PROPOERTY, ROADS AND FACILITIES AS PART OF A PRIVATE COMMUNITY OF 6 SUBDIVISIONS
Program accomplishments
- COLLECT DUES AND MAINTAIN FACILITIES, GOUNDS AND BUILDINGS FOR MEMBERS.Expenses $177,614
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 February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | Not on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990 on file |
| 2023 | February 29, 2024 | July 15, 2024 | Check at the IRS |
IRS record
- EIN
- 38-1863626
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1975
- Accounting year ends
- February
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $748,946
- Income (IRS master file)
- $411,431
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | February 2025 | $411,431 | $340,355 | $748,946 | XML |
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 38-1863626).
Questions about LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION
- What is the EIN of LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION?
- The employer identification number (EIN) of LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION is 38-1863626.
- Is LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1975.
- Are donations to LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKE ARROWHEAD PROPERTY OWNERS 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 LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION due?
- The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended February 2025.
- Who are the officers and directors of LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION?
- The 990 for the year ended February 28, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does LAKE ARROWHEAD PROPERTY OWNERS ASSOCIATION have?
- On its 990 for the year ended February 28, 2025 it reported revenue of $411,431, expenses of $340,355 and total assets of $748,946 at year end.
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