Skip to main content

Nonprofit · EIN 43-2044803

LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC

Tax-exempt · HOUSTON, TX 77036

Financials

$1.1M$998K2023$1.1M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,143,379$1,216,579-$73,200$1,775,051$339,001$1,436,050
December 31, 2023990$1,103,713$997,716$105,997$1,667,033$157,783$1,509,250
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,128,434
Investment income
$14,945
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$374,657
Accounting fees
$4,360
Occupancy
$111,108
Program services (functional)
$1,121,228
Management and general (functional)
$95,351

Balance sheet and other

Total assets, start of year
$1,667,033
Total assets, end of year
$1,775,051
Total liabilities, end of year
$339,001
Net assets, end of year
$1,436,050
Gross receipts
$1,143,379
Employees
0
Volunteers
5
Year formed
2002
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
Richard WattsPresident
Trustee or director
2$0
Verne DipascaVice President
Trustee or director
2$0
Jignesh BhaktaTreasurer
Trustee or director
2$0
Clarence BrownlowSecretary
Trustee or director
2$0
Frank NunezDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
RICHARD WATTSPRESIDENT
Trustee or director, Officer
2$0
VERNE DIPASCAVICE PRESIDE
Trustee or director, Officer
2$0
JIGNESHBHAKTATREASURER
Trustee or director, Officer
2$0
CLARENCE BROWNLOWSECRETARY
Trustee or director, Officer
2$0
GEORGE JOSEPHDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
6200 SAVOY DR, HOUSTON, TX 77036-3300
In care of
% RANDALL MANAGEMENT
Principal officer (990 for 2024)
Richard Watts, 6200 Savoy Suite 420, HOUSTON, TX 77036
Signed the 990
RICHARD WATTS, PRESIDENT
Phone
(713) 728-1126
Return prepared by
K S NAGESH CPA PC

Mission

TO ENHANCE THE ENVIRONMENT AND AESTHETICS OF THE COMMUNITY BY MAINTAINING ALL PUBLIC AREAS. TO PROVIDE RECREATIONAL FACILITIES TO COMMUNITY MEMBERS, AND TO PROMOTE SECURITY AND SAFETY MEASURES IN THE COMMUITY.

990 for the year ended December 31, 2024

Program accomplishments

  • Objective 1 - The general administration and operation of the community, and maintenance of all common areas and recreational facilitied for the use and benefit of the community at large.
    Expenses $494,313
  • To maintain all common area landscaping and grounds, including the trees, shrubs, flowers and grass, as well as the irrigation system and all lakes and fountains with the community for the enjoyment of the residents.
    Expenses $626,915

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
43-2044803
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible (Pub 78)
Organization other than a public charity or private foundation
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,775,051
Income (IRS master file)
$1,143,379

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,143,379$1,216,579$1,775,051XML
990December 2023$1,103,713$997,716$1,667,033XML
990December 2022$1,062,227$888,721$1,688,767IRS
990December 2021–––IRS
990December 2020–––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 43-2044803).

Questions about LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC

What is the EIN of LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC?
The employer identification number (EIN) of LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC is 43-2044803.
Is LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2013.
Are donations to LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation).
Which annual return does LAKE SHORE HARBOUR 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 LAKE SHORE HARBOUR COMMUNITY 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 LAKE SHORE HARBOUR COMMUNITY 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 LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names Richard Watts.
Who are the officers and directors of LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,143,379, expenses of $1,216,579 and total assets of $1,775,051 at year end.

Other nonprofits in HOUSTON

All nonprofits in HOUSTON · Texas · Housing and shelter