Nonprofit · EIN 56-1439957
BUFFALO MOUNTAIN HOMEOWNERS ASSOCIATION INC
Tax-exempt · ASHEVILLE, NC 28815
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $247,732 | $127,602 | $120,130 | $399,426 | $113,851 | $285,575 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $65,850
- Investment income
- $52,368
- Net gain from sales of assets
- $50,407
- Other revenue
- $129,514
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,275
- Accounting fees
- $250
- Program services (functional)
- $127,602
Balance sheet and other
- Total assets, start of year
- $210,289
- Total assets, end of year
- $399,426
- Total liabilities, end of year
- $113,851
- Net assets, end of year
- $285,575
- Net assets without donor restrictions
- $285,575
- Gross unrelated business income
- $50,407
- Gross receipts
- $261,325
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1984
- State of legal domicile
- NC
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTA JAMES | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MARK LUEY | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| JENNIFER GILCHRIST | TREASURER Trustee or director, Officer | 2 | $0 |
| NANA PFAHLERT | SECRETARY Trustee or director, Officer | 2 | $0 |
| FRED BAILEY | MEMBER AT LARGE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 9564, ASHEVILLE, NC 28815-0564
- Principal officer (990 for 2023)
- KRISTA JAMES, PO BOX 9564, ASHEVILLE, NC 28815
- Signed the 990
- JENNIFER GILCHRIST, TREASURER
- Phone
- (828) 606-6592
- Return prepared by
- APRIO ADVISORY GROUP LLC
Mission
PROMOTION OF COMMUNITY WELFARE THROUGH THE BETTERMENT OF ROADS AND GROUNDS
Program accomplishments
- WATER LINES OF THE SUBDIVISION WERE REPAIRED AND MAINTAINED FOR THE BETTERMENT OF THE MEMBERS OF THE ASSOCIATION.Expenses $10,850 · revenue $38,644
- A WATER RESERVE PROJECT WAS STARTED IN 2020 AND CONTINUED IN 2023 FOR THE BETTERMENT OF THE MEMBERS OF THE ASSOCIATIONExpenses $36,459
- PROPERTY AND GROUNDS OF THE SUBDIVISION WERE MAINTAINED FOR THE BETTERMENT OF THE MEMBERS OF THE ASSOCIATION.Expenses $54,270
- VARIOUS ADMINISTRATIVE AND UTILITY EXPENSES WERE PAID TO CONTRIBUTE TO THE COMMUNITY WELFARE THROUGH THE BETTERMENT OF ROADS AND GROUNDSREVENUE WAS EARNED FROM VARIOUS PROGRAM SERVICES INCLUDING RESERVE ASSESSMENT, SPECIAL ASSESSMENT, IMPROVED ASSESSMENT, UNIMPROVED ASSESSMENT, NON-MEMBER FEES, LATE FEES/PENALTY INCOME, INVESTMENT INCOME, AND OTHER MISCELLANEOUS INCOMES.Expenses $26,023 · revenue $158,681
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 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1439957
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L50)
- Assets (IRS master file)
- $399,426
- Income (IRS master file)
- $261,325
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $247,732 | $127,602 | $399,426 | XML |
| 990 | June 2023 | $141,847 | $229,656 | $210,289 | IRS |
| 990 | June 2022 | $201,109 | $125,547 | $284,189 | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | 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 56-1439957).
Questions about BUFFALO MOUNTAIN HOMEOWNERS ASSOCIATION INC
- What is the EIN of BUFFALO MOUNTAIN HOMEOWNERS ASSOCIATION INC?
- The employer identification number (EIN) of BUFFALO MOUNTAIN HOMEOWNERS ASSOCIATION INC is 56-1439957.
- Is BUFFALO MOUNTAIN HOMEOWNERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2002.
- Are donations to BUFFALO MOUNTAIN HOMEOWNERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BUFFALO MOUNTAIN HOMEOWNERS 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 BUFFALO MOUNTAIN HOMEOWNERS 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 BUFFALO MOUNTAIN HOMEOWNERS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of BUFFALO MOUNTAIN HOMEOWNERS ASSOCIATION INC?
- The 990 for the year ended June 30, 2024 names KRISTA JAMES.
- Who are the officers and directors of BUFFALO MOUNTAIN HOMEOWNERS ASSOCIATION INC?
- The 990 for the year ended June 30, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does BUFFALO MOUNTAIN HOMEOWNERS ASSOCIATION INC have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $247,732, expenses of $127,602 and total assets of $399,426 at year end.
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