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Nonprofit · EIN 54-2114743

ASSOCIATION OF CAROL WOODS RESIDENTS INC

Also known as CAROL WOODS RESIDENTS ASSOCIATION

Tax-exempt · CHAPEL HILL, NC 27514

Financials

$93K$91K2023$77K$81K2024
Revenue Expenses · by fiscal year end
Financials of ASSOCIATION OF CAROL WOODS RESIDENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$77,359$80,901-$3,542$2,480$0$2,480
June 30, 2024990-EZ$93,394$91,069$2,325$6,022$0$6,022
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$77,359
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$80,901
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Program services (functional)
$80,901

Balance sheet and other

Total assets, start of year
$6,022
Total assets, end of year
$2,480
Total liabilities, end of year
$0
Net assets, end of year
$2,480
Cash, savings and investments
$2,480
Gross receipts
$77,359

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Rebecca BrentPresident15$0
Rowena MasonTreasurer10$0
Beth SchultzVice President8$0
Dee LowdermilkSecretary8$0
990-EZ for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
George LensingPresident15$0
Hendrik Van DorstenTreasurer10$0
Dottie HeningerVice President8$0
Dick ChadySecretary8$0

Address and contacts

Address (IRS master file)
750 WEAVER DAIRY RD, CHAPEL HILL, NC 27514-1438
In care of
% HENDRIK VAN DORSTEN
Signed the 990-EZ
Rowena Mason, Treasurer
Phone
(919) 923-5175
Return prepared by
Kay Edgar

Mission

Enhance the quality of life and foster a sense of community among residents of Carol Woods, a continuing care retirement community

990-EZ for the year ended June 30, 2025

Program accomplishments

  • Support and enrichment for residents of Carol Woods
    Expenses $80,901 · grants $80,901

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
54-2114743
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2004
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,598
Income (IRS master file)
$77,390

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$77,359$80,901$2,480XML
990-EZJune 2024$93,394$91,069$6,022XML
990-EZJune 2023–––IRS
990-EZJune 2022–––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 54-2114743).

Questions about ASSOCIATION OF CAROL WOODS RESIDENTS INC

What is the EIN of ASSOCIATION OF CAROL WOODS RESIDENTS INC?
The employer identification number (EIN) of ASSOCIATION OF CAROL WOODS RESIDENTS INC is 54-2114743.
Is ASSOCIATION OF CAROL WOODS RESIDENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2004.
Are donations to ASSOCIATION OF CAROL WOODS RESIDENTS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ASSOCIATION OF CAROL WOODS RESIDENTS 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 ASSOCIATION OF CAROL WOODS RESIDENTS 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 ASSOCIATION OF CAROL WOODS RESIDENTS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of ASSOCIATION OF CAROL WOODS RESIDENTS INC?
The 990-EZ for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does ASSOCIATION OF CAROL WOODS RESIDENTS INC have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $77,359, expenses of $80,901 and total assets of $2,480 at year end.

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