Nonprofit · EIN 47-1297374
CANYON FALLS MASTER COMMUNITY INC
Tax-exempt · DALLAS, TX 75243
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $6,836,262 | $6,490,501 | $345,761 | $6,673,679 | $7,154,011 | -$480,332 |
| December 31, 2024 | 990 | $6,560,904 | $6,325,158 | $235,746 | $6,210,023 | $6,968,848 | -$758,825 |
| December 31, 2023 | 990 | $5,993,964 | $5,987,096 | $6,868 | $5,795,442 | $6,449,627 | -$654,185 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,779,110
- Investment income
- $39,053
- Other revenue
- $1,018,099
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $39,529
- Accounting fees
- $535
- Depreciation
- $124,551
- Program services (functional)
- $5,832,046
- Management and general (functional)
- $658,455
Balance sheet and other
- Total assets, start of year
- $6,210,023
- Total assets, end of year
- $6,673,679
- Total liabilities, end of year
- $7,154,011
- Net assets, end of year
- -$480,332
- Land, buildings and equipment
- $4,079,576
- Gross receipts
- $6,836,262
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2014
- 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 |
|---|---|---|---|
| Dwayne Hedges | Secretary Trustee or director, Officer | 2 | $0 |
| Richard Limato | President Trustee or director, Officer | 2 | $0 |
| Steven Mendyka | Board Member Trustee or director | 2 | $0 |
| Thomas Piccolo | Secretary Trustee or director, Officer | 2 | $0 |
| Todd Bayuk | VP Trustee or director, Officer | 2 | $0 |
| Steven Mendyka | Treasurer Trustee or director, Officer | 2 | $0 |
| Richard Limato | Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard Limato | Vice President Trustee or director, Officer | 2 | $0 |
| Steven Mendyka | Treasurer Trustee or director, Officer | 2 | $0 |
| Dwayne Hedges | Secretary Trustee or director, Officer | 2 | $0 |
| Todd Bayuk | Assistant Secretary Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Curt Millward | President Trustee or director | 2 | $0 |
| Julenne Rushing | Secretary Trustee or director | 2 | $0 |
| John Leonard | Treasurer Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 12801 N CENTRAL EXPY STE 1401, DALLAS, TX 75243-1883
- In care of
- % VANESSA BURCH
- Signed the 990
- VANESSA BURCH, Agent
- Phone
- (972) 960-2800
- Return prepared by
- Finite Business Solutions LLC
Mission
To maintain and administer the common facilities and to collect and disburse the assessments and charges of the association
Program accomplishments
- The association maintained the common areas such as parks, playgrounds, and swimming pool and provided security and monitoring for the benefit of the entire community. The association provided community leadership, architectual control, covenant enforcement, community events, accounting and finance, operation and maintenance of recreation facilities.Expenses $5,832,046
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
- 47-1297374
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L50)
- Assets (IRS master file)
- $6,673,679
- Income (IRS master file)
- $6,836,262
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $6,836,262 | $6,490,501 | $6,673,679 | IRS |
| 990 | December 2024 | $6,560,904 | $6,325,158 | $6,210,023 | XML |
| 990 | December 2023 | $5,993,964 | $5,987,096 | $5,795,442 | XML |
| 990 | December 2022 | $5,670,235 | $5,309,107 | $5,722,158 | 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 47-1297374).
Questions about CANYON FALLS MASTER COMMUNITY INC
- What is the EIN of CANYON FALLS MASTER COMMUNITY INC?
- The employer identification number (EIN) of CANYON FALLS MASTER COMMUNITY INC is 47-1297374.
- Is CANYON FALLS MASTER COMMUNITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2018.
- Are donations to CANYON FALLS MASTER COMMUNITY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CANYON FALLS MASTER COMMUNITY 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 CANYON FALLS MASTER COMMUNITY 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 CANYON FALLS MASTER COMMUNITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of CANYON FALLS MASTER COMMUNITY INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does CANYON FALLS MASTER COMMUNITY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $6,836,262, expenses of $6,490,501 and total assets of $6,673,679 at year end.
Other nonprofits in DALLAS
- ATLANTIC HOUSING FOUNDATION INC EIN 57-1090154 · last filed 990 for 2024
- BUCKNER RETIREMENT SERVICES INC EIN 75-2571394 · last filed 990 for 2024
- PRESBYTERIAN VILLAGE NORTH FOREFRONT LIVING EIN 51-0190369 · last filed 990 for 2025
- BUCKNER SENIOR LIVING INC EIN 46-1785859 · last filed 990 for 2024
- THE LEGACY MIDTOWN PARK INC EIN 47-2890521 · last filed 990 for 2025
- TARRANT COUNTY SENIOR LIVING CENTER INC EIN 20-8068602 · last filed 990 for 2024
- THE OUTLOOK AT WINDHAVEN FOREFRONT LIVING EIN 85-1339418 · last filed 990 for 2025
- STONEBRIDGE RANCH COMMUNITY ASSOCIATION INC EIN 75-2383651 · last filed 990 for 2025