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Nonprofit · EIN 47-3526224

CANE ISLAND COMMUNITY ASSOCIATION

Tax-exempt · KATY, TX 77449

Financials

$3.7M$3.9M2023$4.6M$4.6M2024
Revenue Expenses · by fiscal year end
Financials of CANE ISLAND COMMUNITY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,567,828$4,560,339$7,489$1,729,033$10,676,664-$8,947,631
December 31, 2023990$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.

NameTitleHours / weekCompensation
REX JOHNSTONSECRETARY
Trustee or director
2$0
MATHEW LAWSONPRESIDENT
Officer
2$0
JOHN BARLOWVICE PRES
Officer
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
REX JOHNSTONSECRETARY
Trustee or director
2$0
COREY BARLOWVICE PRES
Officer
2$0
MATHEW LAWSONPRESIDENT
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

990 for the year ended December 31, 2024

Program accomplishments

  • THE PURPOSE OF THE ASSOCIATION IS THE MAINTENANCE AND PRESERVATION OF THE COMMUNITY AT LARGE
    Expenses $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 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
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
Assets (IRS master file)
$1,729,033
Income (IRS master file)
$4,567,828

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,567,828$4,560,339$1,729,033XML
990December 2023$3,724,438$3,946,749$1,366,683XML
990December 2022$3,266,285$3,979,271$1,340,673IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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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