Nonprofit · EIN 47-3526224
CANE ISLAND COMMUNITY ASSOCIATION
Tax-exempt · KATY, TX 77449
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,567,828 | $4,560,339 | $7,489 | $1,729,033 | $10,676,664 | -$8,947,631 |
| December 31, 2023 | 990 | $3,724,438 | $3,946,749 | -$222,311 | $1,366,683 | $10,302,926 | -$8,936,243 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,270,314
- Membership dues
- $3,270,314
- Program service revenue
- $0
- Investment income
- $18,504
- Other revenue
- $1,279,010
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $52,515
- Program services (functional)
- $4,299,824
- Management and general (functional)
- $260,515
Balance sheet and other
- Total assets, start of year
- $1,366,683
- Total assets, end of year
- $1,729,033
- Total liabilities, end of year
- $10,676,664
- Net assets, end of year
- -$8,947,631
- Gross receipts
- $4,567,828
- Employees
- 0
- Year formed
- 2007
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REX JOHNSTON | SECRETARY Trustee or director | 2 | $0 |
| MATHEW LAWSON | PRESIDENT Officer | 2 | $0 |
| JOHN BARLOW | VICE PRES Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REX JOHNSTON | SECRETARY Trustee or director | 2 | $0 |
| COREY BARLOW | VICE PRES Officer | 2 | $0 |
| MATHEW LAWSON | PRESIDENT Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2002 W GRAND PKWY N STE 100, KATY, TX 77449-1964
- In care of
- % MATTHEW LAWSON
- Signed the 990
- MATTHEW LAWSON, PRESIDENT
- Return prepared by
- ELAINE W COMBS CPA
Mission
TO PROMOTE THE HEALTH, SAFETY AND WELFARE OF THE COMMUNITY AT LARGE
Program accomplishments
- THE PURPOSE OF THE ASSOCIATION IS THE MAINTENANCE AND PRESERVATION OF THE COMMUNITY AT LARGEExpenses $4,299,824
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 | Not 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
- 47-3526224
- 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)
- $1,729,033
- Income (IRS master file)
- $4,567,828
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,567,828 | $4,560,339 | $1,729,033 | XML |
| 990 | December 2023 | $3,724,438 | $3,946,749 | $1,366,683 | XML |
| 990 | December 2022 | $3,266,285 | $3,979,271 | $1,340,673 | 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 47-3526224).
Questions about CANE ISLAND COMMUNITY ASSOCIATION
- What is the EIN of CANE ISLAND COMMUNITY ASSOCIATION?
- The employer identification number (EIN) of CANE ISLAND COMMUNITY ASSOCIATION is 47-3526224.
- Is CANE ISLAND COMMUNITY ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2018.
- Are donations to CANE ISLAND COMMUNITY ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CANE ISLAND COMMUNITY 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 CANE ISLAND COMMUNITY ASSOCIATION 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 CANE ISLAND COMMUNITY ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of CANE ISLAND COMMUNITY ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does CANE ISLAND COMMUNITY ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,567,828, expenses of $4,560,339 and total assets of $1,729,033 at year end.
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