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Nonprofit · EIN 54-0829262

HUNGARY CREEK RECREATION ASSOCIATION INC

Tax-exempt · HENRICO, VA 23294

Financials

$360K$373K2023$360K$379K2024
Revenue Expenses · by fiscal year end
Financials of HUNGARY CREEK RECREATION ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$359,911$379,191-$19,280$395,155$48,458$346,697
December 31, 2023990$360,262$372,795-$12,533$438,386$72,409$365,977
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$281,317
Membership dues
$281,317
Program service revenue
$49,934
Investment income
$4,910
Net income from sales of inventory
$14,559
Other revenue
$23,750

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$18,150
Salaries, compensation and benefits (total)
$185,825
Professional fundraising fees
$0
Accounting fees
$2,775
Occupancy
$17,514
Depreciation
$52,759
Program services (functional)
$272,871
Management and general (functional)
$106,320

Balance sheet and other

Total assets, start of year
$438,386
Total assets, end of year
$395,155
Total liabilities, end of year
$48,458
Net assets, end of year
$346,697
Land, buildings and equipment
$285,103
Net assets without donor restrictions
$346,697
Gross unrelated business income
$19,630
Gross receipts
$372,037
Employees
38
Volunteers
0
Year formed
1964
State of legal domicile
VA

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
SHERI POLYCHRONESTREASURER
Trustee or director, Officer
16$18,150
STACEY BEARDSLEYACTING PRESIDENT
Trustee or director, Officer
5$0
KELLY CROSSWELLSECRETARY
Trustee or director, Officer
1$0
BRAD FRANKLINDIRECTOR
Trustee or director
1$0
ANGEL MOYERDIRECTOR
Trustee or director
1$0
KRISTEN GRAINERDIRECTOR
Trustee or director
1$0
MINDY CLOYESDIRECTOR
Trustee or director
1$0
ADDAM SIMONDIRECTOR
Trustee or director
1$0
ELIZABETH BEAGLEDIRECTOR
Trustee or director
1$0
MELISSA ALBANSDIRECTOR
Trustee or director
1$0
TAMMY DAVISDIRECTOR
Trustee or director
1$0
MARK BEAGLEDIRECTOR
Trustee or director
1$0
ERIN LISSDIRECTOR
Trustee or director
1$0
SARAH TRAYLORDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
SHERI POLYCHRONESTREASURER
Trustee or director, Officer
16$16,500
JERRY KLOECKERPRESIDENT
Trustee or director, Officer
5$0
KRISTIE LANCTOVICE PRESIDENT
Trustee or director, Officer
1$0
ALEETA LEHTINENSECRETARY
Trustee or director, Officer
1$0
BRAD FRANKLINDIRECTOR
Trustee or director
1$0
JOANNA METZDIRECTOR
Trustee or director
1$0
MELISSA ALBANSDIRECTOR
Trustee or director
1$0
MINDY CLOYESDIRECTOR
Trustee or director
1$0
TAMMY DAVISDIRECTOR
Trustee or director
1$0
STACEY BEARDSLEYDIRECTOR
Trustee or director
1$0
ANGEL MOYERDIRECTOR
Trustee or director
1$0
SHENA SIKORADIRECTOR
Trustee or director
1$0
MELISSA BLACKBURNDIRECTOR
Trustee or director
1$0
MARK BEAGLEDIRECTOR
Trustee or director
1$0
KELLI SHONTSDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
9194 HUNGARY RD, HENRICO, VA 23294-5930
Principal officer (990 for 2024)
SHERI POLYCHRONES, 9194 HUNGARY RD, HENRICO, VA 23294
Signed the 990
SHERI POLYCHRONES, TREASURER
Phone
(804) 270-4892
Return prepared by
LISA A PARRISH & ASSOCIATES INC

Mission

TO PROVIDE OUTDOOR RECREATIONAL FACILITIES AND ACTIVITIES FOR MEMBER FAMILIES TO SOCIALIZE IN A FRIENDLY, COMMUNITY ATMOSPHERE.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE OUTDOOR RECREATIONAL FACILITIES AND ACTIVITIES FOR 500 MEMBER FAMILIES. THE ORGANIZATION PROVIDES OPPORTUNITIES FOR FAMILIES TO SWIM, PLAY TENNIS, PLAY VOLLEYBALL AND SPEND QUALITY TIME TOGETHER. THE FACILITY HAS OUTDOOR SWIMMING POOLS, TENNIS COURTS, SAND VOLLEYBALL COURT, BASKETBALL COURT, SWINGS AND A COVERED PICNIC AREA WITH A GRILL. THE ORGANIZATION ALSO HAS A SMALL CONCESSION STAND TO PROVIDE REFRESHMENTS WHILE MEMBERS ARE USING THE FACILITIES. THE POOLS AND CONCESSION STAND ARE OPEN DAILY FROM MEMORIAL DAY WEEKEND THROUGH LABOR DAY.
    Expenses $258,774
  • SWIM TEAM PROVIDES AN OPPORTUNTIY TO PARTICIPATE IN AN ACTIVITY THAT PROMOTES TEAMWORK AND SPORTSMANSHIP.
    Expenses $12,283
  • DIVE TEAM PROVIDES AN OPPORTUNITY FOR CHILDREN TO PARTICIPATE IN AN ACTIVITY THAT PROMOTES TEAMWORK AND SPORTSMANSHIP.
    Expenses $1,814

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
54-0829262
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$395,155
Income (IRS master file)
$372,037

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$359,911$379,191$395,155IRS
990December 2023$360,262$372,795$438,386XML
990December 2022$368,044$360,801$473,373IRS
990December 2021–––IRS
990December 2020–––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 54-0829262).

Questions about HUNGARY CREEK RECREATION ASSOCIATION INC

What is the EIN of HUNGARY CREEK RECREATION ASSOCIATION INC?
The employer identification number (EIN) of HUNGARY CREEK RECREATION ASSOCIATION INC is 54-0829262.
Is HUNGARY CREEK RECREATION ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1992.
Are donations to HUNGARY CREEK RECREATION ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HUNGARY CREEK RECREATION 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 HUNGARY CREEK RECREATION ASSOCIATION INC 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 HUNGARY CREEK RECREATION ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HUNGARY CREEK RECREATION ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names SHERI POLYCHRONES.
Who are the officers and directors of HUNGARY CREEK RECREATION ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $18,150 (SHERI POLYCHRONES, TREASURER).
How much revenue does HUNGARY CREEK RECREATION ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $359,911, expenses of $379,191 and total assets of $395,155 at year end.

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