Skip to main content

Nonprofit · EIN 47-0832241

SUMMERWOOD LAKE ASSOCIATION

Tax-exempt · LINCOLN, NE 68520

Financials

$40K$51K2023$48K$31K2024$49K$30K2025
Revenue Expenses · by fiscal year end
Financials of SUMMERWOOD LAKE ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$48,957$30,108$18,849$83,981$0$83,981
December 31, 2024990$48,455$30,531$17,924$65,132$0$65,132
December 31, 2023990$40,152$51,197-$11,045$47,208$0$47,208
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$46,800
Investment income
$2,006
Other revenue
$151

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$715

Balance sheet and other

Total assets, start of year
$65,132
Total assets, end of year
$83,981
Total liabilities, end of year
$0
Net assets, end of year
$83,981
Net assets without donor restrictions
$83,981
Gross receipts
$48,957
Employees
0
Year formed
2000
State of legal domicile
NE

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.

NameTitleHours / weekCompensation
KIP ANDERSON1ST VICE-PRE
Trustee or director, Officer
1$0
RUSSELL BAYERSECRETARY/TR
Trustee or director, Officer
1$0
LEROY GERRARDDIRECTOR
Trustee or director
1$0
DENNIS JARECKEDIRECTOR
Trustee or director
1$0
ANGELA KIANIDIRECTOR
Trustee or director
1$0
VIC LEEDIRECTOR
Trustee or director
1$0
JAMES LUETHJEPRESIDENT
Trustee or director, Officer
1$0
RICHARD MARTINSEN2ND VICE-PRE
Trustee or director, Officer
1$0
DAN PLEASANTDIRECTOR
Trustee or director
1$0
DOUG STERUPDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
KIP ANDERSONDIRECTOR
Trustee or director
1$0
RUSSELL BAYERSECRETARY/TR
Trustee or director, Officer
1$0
CRAIG BEEBE1ST VICE-PRE
Trustee or director, Officer
1$0
LEROY GERRARDDIRECTOR
Trustee or director
1$0
KAREN KAYTONDIRECTOR
Trustee or director
1$0
ANGELA KIANIDIRECTOR
Trustee or director
1$0
VIC LEEDIRECTOR
Trustee or director
1$0
JAMES LUETHJEPRESIDENT
Trustee or director, Officer
1$0
RICHARD MARTINSEN2ND VICE-PRE
Trustee or director, Officer
1$0
DAN PLEASANTDIRECTOR
Trustee or director
1$0
DOUG STERUPDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
KIP ANDERSONPRESIDENT -
Trustee or director
–$0
RUSSELL BAYERSECRETARY TR
Trustee or director, Officer
–$0
CRAIG BEEBE1ST VICE PRE
Trustee or director, Officer
–$0
JIM CRAWFORDBOARD MEMBER
Trustee or director
–$0
LEROY GERRARDBOARD MEMBER
Trustee or director
–$0
TOM GORETKE2ND VICE PRE
Trustee or director
–$0
KAREN KAYTONBOARD MEMBER
Trustee or director
–$0
VICTOR LEEBOARD MEMBER
Trustee or director
–$0
JIM LUETHJEPRESIDENT -
Trustee or director, Officer
–$0
RICK MARTINSEN2ND VICE-PRE
Trustee or director, Officer
–$0
DAN PLEASANTBOARD MEMBER
Trustee or director
–$0
DOUG STERUPBOARD MEMBER
Trustee or director
–$0

Address and contacts

Address (IRS master file)
633 S 112TH ST, LINCOLN, NE 68520-9424
Principal officer (990 for 2025)
RUSSELL BAYER, 633 SOUTH 112TH ST, LINCOLN, NE 68520
Signed the 990
RUSSELL BAYER, SECRETARY/TREASURER
Phone
(402) 730-0638
Return prepared by
MUELLER & HONCIK PC

Mission

HOMEOWNER'S ASSOCIATION CHARGED WITH THE GENERAL MAINTENANCE OF COMMON GROUNDS SURROUNDING PRIVATE LAKE PROPERTY.

990 for the year ended December 31, 2025

Program accomplishments

  • HOMEOWNER'S ASSOCIATION CHARGED WITH THE GENERAL MAINTENANCE OF COMMON GROUNDS SURROUNDING PRIVATE LAKE PROPERTY.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-0832241
Tax-exempt status
501(c)(7): Social or recreational club
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$83,981
Income (IRS master file)
$48,957

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$48,957$30,108$83,981XML
990December 2024$48,455$30,531$65,132XML
990December 2023$40,152$51,197$47,208XML
990December 2022$39,369$25,791$58,253IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 47-0832241).

Questions about SUMMERWOOD LAKE ASSOCIATION

What is the EIN of SUMMERWOOD LAKE ASSOCIATION?
The employer identification number (EIN) of SUMMERWOOD LAKE ASSOCIATION is 47-0832241.
Is SUMMERWOOD LAKE ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7).
Which annual return does SUMMERWOOD LAKE ASSOCIATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SUMMERWOOD LAKE ASSOCIATION 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 SUMMERWOOD LAKE ASSOCIATION 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 SUMMERWOOD LAKE ASSOCIATION?
The 990 for the year ended December 31, 2025 names RUSSELL BAYER.
Who are the officers and directors of SUMMERWOOD LAKE ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does SUMMERWOOD LAKE ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $48,957, expenses of $30,108 and total assets of $83,981 at year end.

Other nonprofits in LINCOLN

All nonprofits in LINCOLN · Nebraska