Nonprofit · EIN 52-1361680
DRUM POINT PROPERTY OWNERS ASSOCIATION INC
Tax-exempt · LUSBY, MD 20657
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $493,729 | $604,413 | -$110,684 | $572,941 | $220,499 | $352,442 |
| June 30, 2024 | 990 | $608,530 | $636,917 | -$28,387 | $658,083 | $194,957 | $463,126 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $493,442
- Investment income
- $125
- Other revenue
- $162
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $86,998
- Salaries, compensation and benefits (total)
- $86,998
- Professional fundraising fees
- $0
- Legal fees
- $240
- Accounting fees
- $6,233
- Occupancy
- $7,077
- Depreciation
- $2,511
- Program services (functional)
- $568,978
- Management and general (functional)
- $35,435
Balance sheet and other
- Total assets, start of year
- $658,083
- Total assets, end of year
- $572,941
- Total liabilities, end of year
- $220,499
- Net assets, end of year
- $352,442
- Land, buildings and equipment
- $134,164
- Net assets without donor restrictions
- $352,442
- Gross receipts
- $493,729
- Employees
- 1
- Volunteers
- 9
- Year formed
- 1972
- State of legal domicile
- MD
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SNAPP | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ANTHONY SPAKAUSKAS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOHN ANDRE | TREASURER Trustee or director, Officer | 1 | $0 |
| BONNIE BLADES | SECRETARY Trustee or director, Officer | 1 | $0 |
| ADRIAN STANTON | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN RORK | DIRECTOR Trustee or director | 1 | $0 |
| GINNY RICE | DIRECTOR Trustee or director | 1 | $0 |
| ALLEN FINE | DIRECTOR Trustee or director | 1 | $0 |
| JOHN LATHAM | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SNAPP | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ANTHONY SPAKAUSKAS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOHN ANDRE | TREASURER Trustee or director, Officer | 1 | $0 |
| BONNIE BLADES | SECRETARY Trustee or director, Officer | 1 | $0 |
| ASHA ANDREAS | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN RORK | DIRECTOR Trustee or director | 1 | $0 |
| GINNY RICE | DIRECTOR Trustee or director | 1 | $0 |
| ALLEN FINE | DIRECTOR Trustee or director | 1 | $0 |
| JOHN LATHAM | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 401 LAKE DR, LUSBY, MD 20657-3260
- Principal officer (990 for 2024)
- ANTHONY SPAKAUSKAS, 401 LAKE DRIVE, LUSBY, MD 20657
- Signed the 990
- MICHAEL SNAPP, VICE PRESIDENT
- Phone
- (410) 326-6148
- Website
- WWW.DPPOA.ORG
- Return prepared by
- Alta CPA Group
Mission
PROMOTE THE GENERAL WELFARE OF THE PROPERTY OWNERS AND PROTECT THE ENVIRONMENTAL CONDITIONS WITHIN THE DRUM POINT SUBDIVISION.
Program accomplishments
- THE ASSOCIATION HAS AS ITS PURPOSE THE GENERAL UPKEEP AND MAINTENANCE OF THE COMMON ELEMENTS OF THE COMMUNITY INFRASTRUCTURE AS WELL AS THE SOCIAL, ECONOMIC, CULTURAL, RECREATIONAL, AND ENVIRONMENTAL CONDITIONS WITHIN THE SUBDIVISION.Expenses $568,978
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1361680
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $572,941
- Income (IRS master file)
- $493,729
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $493,729 | $604,413 | $572,941 | XML |
| 990 | June 2024 | $608,530 | $636,917 | $658,083 | XML |
| 990 | June 2023 | $473,181 | $424,983 | $940,849 | IRS |
| 990 | June 2022 | $401,319 | $446,542 | $653,551 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 52-1361680).
Questions about DRUM POINT PROPERTY OWNERS ASSOCIATION INC
- What is the EIN of DRUM POINT PROPERTY OWNERS ASSOCIATION INC?
- The employer identification number (EIN) of DRUM POINT PROPERTY OWNERS ASSOCIATION INC is 52-1361680.
- Is DRUM POINT PROPERTY OWNERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1984.
- Are donations to DRUM POINT PROPERTY OWNERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DRUM POINT PROPERTY OWNERS ASSOCIATION 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 DRUM POINT PROPERTY OWNERS ASSOCIATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DRUM POINT PROPERTY OWNERS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DRUM POINT PROPERTY OWNERS ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 names ANTHONY SPAKAUSKAS.
- Who are the officers and directors of DRUM POINT PROPERTY OWNERS ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does DRUM POINT PROPERTY OWNERS ASSOCIATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $493,729, expenses of $604,413 and total assets of $572,941 at year end.
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