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Nonprofit · EIN 39-1495801

BALSAM LAKE HOMEOWERS ASSN

Tax-exempt · BALSAM LAKE, WI 54810

Financials

$67K$31K2023$64K$54K2024$55K$69K2025
Revenue Expenses · by fiscal year end
Financials of BALSAM LAKE HOMEOWERS ASSN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$55,068$68,896-$13,828$93,978$0$93,978
December 31, 2024990-EZ$64,034$53,810$10,224$107,806$0$107,806
December 31, 2023990-EZ$67,406$31,074$36,332$97,582$0$97,582
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,250
Membership dues
$57,356
Investment income
$20
Net income from fundraising events
-$8,103
Other revenue
$4,545

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$3,021
Printing, publications and postage
$100
Other expenses
$65,775
Program services (functional)
$47,778

Balance sheet and other

Total assets, start of year
$107,806
Total assets, end of year
$93,978
Total liabilities, end of year
$0
Net assets, end of year
$93,978
Cash, savings and investments
$81,832
Gross receipts
$67,556

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOHN VERPLANKTREASURER10$0
STEVE DUBOISBOARD MEMBER3$0
JOANN FERBERBOARD MEMBER3$0
JOHN FOLKESTADBOARD MEMBER3$0
AL KOWALCHYKBOARD MEMBER3$0
TOM LARSONBOARD MEMBER3$0
DAVE TURBENSONBOARD MEMBER3$0
BRIAN WERTISHBOARD MEMBER3$0
TIFFANY MORTONPRESIDENT10$0
GENE MACHACEKBOARD MEMBER3$0
JENA PAQUETTEBOARD MEMBER3$0
ROSTVOLD MCCLAINBOARD MEMBER3$0
JOLENE PATTERSONBOARD MEMBER3$0
JOANN PASTORIUSBOARD MEMBER3$0
990-EZ for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensation
JOHN VERPLANKTREASURER10$0
STEVE DUBOISBOARD MEMBER10$0
JOANN FERBERBOARD MEMBER10$0
JOHN FOLKESTADBOARD MEMBER10$0
LESLIE HACKINGBOARD MEMBER10$0
TERRY HAUERBOARD MEMBER10$0
AL KOWALCHYKBOARD MEMBER10$0
TOM LARSONBOARD MEMBER10$0
MCCLAIN ROSTVOLDBOARD MEMBER10$0
DAVE TURBENSONBOARD MEMBER10$0
BRIAN WERTISHBOARD MEMBER10$0
TIFFANY MORTONPRESIDENT15$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
JOHN VERPLANKTREASURER5$0
STEVE DUBOISBOARD MEMBER10$0
JOANN FERBERBOARD MEMBER10$0
JOHN FOLKESTADBOARD MEMBER10$0
LESLIE HACKINGBOARD MEMBER10$0
TERRY HAUERBOARD MEMBER10$0
AL KOWALCHYKBOARD MEMBER10$0
TOM LARSONBOARD MEMBER10$0
MCCLAIN ROSTVOLDBOARD MEMBER10$0
DAVE TURBENSONBOARD MEMBER10$0
BRIAN WERTISHBOARD MEMBER10$0
TIFFANY MORTONPRESIDENT15$0

Address and contacts

Address (IRS master file)
PO BOX 8, BALSAM LAKE, WI 54810-0008
In care of
% JOHN VERPLANK
Signed the 990-EZ
JOHN VERPLANK, TREASURER
Phone
(651) 275-1834
Return prepared by
JB Hintz Tax & Accounting

Mission

PROMOTE BOAT SAFETY AND COMMUNITY DEVELO

990-EZ for the year ended December 31, 2025

Program accomplishments

  • BALSAM LAKE BOAT SAFETY PATROL
    Expenses $12,855 · grants $32,340
  • ENHANCE BALSAM LAKE COMMUNITY DEVELOPMENT
    Expenses $9,923
  • BALSAM LAKE COMMUNITY FIREWORKS
    Expenses $25,000 · grants $300

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
39-1495801
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$93,978
Income (IRS master file)
$67,556

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$55,068$68,896$93,978XML
990-EZDecember 2024$64,034$53,810$107,806XML
990-EZDecember 2023$67,406$31,074$97,582XML
990-EZDecember 2022–––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 39-1495801).

Questions about BALSAM LAKE HOMEOWERS ASSN

What is the EIN of BALSAM LAKE HOMEOWERS ASSN?
The employer identification number (EIN) of BALSAM LAKE HOMEOWERS ASSN is 39-1495801.
Is BALSAM LAKE HOMEOWERS ASSN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2023.
Are donations to BALSAM LAKE HOMEOWERS ASSN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BALSAM LAKE HOMEOWERS ASSN 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 BALSAM LAKE HOMEOWERS ASSN 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 BALSAM LAKE HOMEOWERS ASSN last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of BALSAM LAKE HOMEOWERS ASSN?
The 990-EZ for the year ended December 31, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does BALSAM LAKE HOMEOWERS ASSN have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $55,068, expenses of $68,896 and total assets of $93,978 at year end.

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