Nonprofit · EIN 51-0199329
FORRESTER WOODS RECREATIONAL CENTER INC
Tax-exempt · WILMINGTON, NC 28403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990 | $426,664 | $153,714 | $272,950 | $734,032 | $350 | $733,682 |
| March 31, 2025 | 990 | $187,606 | $149,797 | $37,809 | $460,932 | $200 | $460,732 |
| March 31, 2024 | 990 | $162,031 | $258,973 | -$96,942 | $423,023 | $100 | $422,923 |
Financial details: 990 for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $426,530
- Investment income
- $134
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,200
- Occupancy
- $14,849
- Program services (functional)
- $130,513
- Management and general (functional)
- $23,201
Balance sheet and other
- Total assets, start of year
- $460,932
- Total assets, end of year
- $734,032
- Total liabilities, end of year
- $350
- Net assets, end of year
- $733,682
- Land, buildings and equipment
- $378,937
- Gross receipts
- $426,664
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1976
- State of legal domicile
- SC
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 March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PARAS GUDKA PRESIDENT | PRESIDENT Trustee or director, Officer | – | $0 |
| LAUREN GREGO | VICE PRESIDE Trustee or director, Officer | – | $0 |
| KELLY LEWIS | TREASURER Trustee or director, Officer | – | $0 |
| TONY PSAROMATIS | SECRETARY Trustee or director, Officer | – | $0 |
| CHRISTOPHER DAVIS | POOL OPERATI Trustee or director | – | $0 |
| NATALIE REAVES | SOCIAL COMMI Trustee or director | – | $0 |
| TIM ROGERS | GROUNDS MAIN Trustee or director | – | $0 |
990 for the year ended March 31, 2025: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PARAS GUDKA PRESIDENT | PRESIDENT Trustee or director, Officer | 1 | $0 |
| LAUREN GREGO | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| KELLY LEWIS | TREASURER Trustee or director, Officer | 1 | $0 |
| TONY PSAROMATIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHRISTOPHER DAVIS | POOL OPERATI Trustee or director | 1 | $0 |
| TIM ROGERS | GROUNDS MAIN Trustee or director | 1 | $0 |
| NATALIE REAVES | SOCIAL COMMI Trustee or director | 1 | $0 |
| JAMES GRECO | RECREATION Trustee or director | 1 | $0 |
990 for the year ended March 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PARAS GUDKA PRESIDENT | PRESIDENT Trustee or director, Officer | 2 | $0 |
| LAUREN GREGO | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| KELLY LEWIS | TREASURER Trustee or director, Officer | 1 | $0 |
| TONY PSAROMATIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHRISTOPHER DAVIS | BOARD MEMBER Trustee or director | 1 | $0 |
| NATALIE REAVES | BOARD MEMBER Trustee or director | 1 | $0 |
| TIM ROGERS | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1612 MILITARY CUTOFF RD STE 108, WILMINGTON, NC 28403-5741
- In care of
- % GOLDSMITH CO
- Principal officer (990 for 2025)
- PARAS GUDKA PRESIDENT, 1612 MILITARY CUTOFF ROAD, SUITE 108, WILMINGTON, NC 28403
- Signed the 990
- DAVID BROWN, DIRECTOR OF ACCG
- Phone
- (910) 256-2021
- Website
- WWW.FORRESTERWOODS.COM
- Return prepared by
- LYNNE D JONES CPA LLC
Mission
THE ORGANIZATION'S MISSION IS TO PROMOTE THE PLEASURE AND GENERAL RECREATION OF ITS MEMBERS, AND ADDITIONALLY TO PROVIDE, OWN, AND MAINTAIN RECREATIONAL FACILITIES INCLUDING SWIMMING POOL, PLAYGROUND AND TENNIS COURTS, AND CLUBHOUSE.
Program accomplishments
- THE ORGANIZATION'S MISSION IS TO PROMOTE THE PLEASURE AND GENERAL RECREATION OF ITS MEMBERS, AND ADDITIONALLY TO PROVIDE, OWN, AND MAINTAIN RECREATIONAL FACILITIES INCLUDING SWIMMING POOL, PLAYGROUND AND TENNIS COURTS, AND CLUBHOUSE.Expenses $130,513 · revenue $426,530
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990 on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0199329
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $734,032
- Income (IRS master file)
- $426,664
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2026 | $426,664 | $153,714 | $734,032 | XML |
| 990 | March 2025 | $187,606 | $149,797 | $460,932 | IRS |
| 990 | March 2024 | $162,031 | $258,973 | $423,023 | XML |
| 990 | March 2023 | $159,664 | $131,225 | $519,865 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | 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 51-0199329).
Questions about FORRESTER WOODS RECREATIONAL CENTER INC
- What is the EIN of FORRESTER WOODS RECREATIONAL CENTER INC?
- The employer identification number (EIN) of FORRESTER WOODS RECREATIONAL CENTER INC is 51-0199329.
- Is FORRESTER WOODS RECREATIONAL CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1976.
- Are donations to FORRESTER WOODS RECREATIONAL CENTER INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FORRESTER WOODS RECREATIONAL CENTER 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 FORRESTER WOODS RECREATIONAL CENTER INC due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FORRESTER WOODS RECREATIONAL CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2026.
- Who is the principal officer of FORRESTER WOODS RECREATIONAL CENTER INC?
- The 990 for the year ended March 31, 2026 names PARAS GUDKA PRESIDENT.
- Who are the officers and directors of FORRESTER WOODS RECREATIONAL CENTER INC?
- The 990 for the year ended March 31, 2026 lists 7 people; 0 received compensation from the organization.
- How much revenue does FORRESTER WOODS RECREATIONAL CENTER INC have?
- On its 990 for the year ended March 31, 2026 it reported revenue of $426,664, expenses of $153,714 and total assets of $734,032 at year end.
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