Nonprofit · EIN 58-1724807
WESTON PROPERTY OWNERS ASSOCIATION
Tax-exempt · RALEIGH, NC 27601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $424,460 | $421,493 | $2,967 | $24,802 | $63,111 | -$38,309 |
| December 31, 2024 | 990 | $357,067 | $406,890 | -$49,823 | $22,750 | $64,026 | -$41,276 |
| December 31, 2023 | 990 | $376,253 | $369,120 | $7,133 | $17,528 | $8,981 | $8,547 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $424,460
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $421,493
Balance sheet and other
- Total assets, start of year
- $22,750
- Total assets, end of year
- $24,802
- Total liabilities, end of year
- $63,111
- Net assets, end of year
- -$38,309
- Gross receipts
- $424,460
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1987
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christy Walters | PRESIDENT Trustee or director, Officer | 0 | $0 |
| THOMAS S HILL III | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| Megan Kalus | TREASURER Trustee or director, Officer | 0 | $0 |
| ED SOPP | SECRETARY Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM SMITH | PRESIDENT Trustee or director, Officer | 0 | $0 |
| THOMAS S HILL III | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| CARLY DURBAN | TREASURER Trustee or director, Officer | 0 | $0 |
| ED SOPP | SECRETARY Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM SMITH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| THOMAS S HILL III | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| CARLY DURBAN | TREASURER Trustee or director, Officer | 4 | $0 |
| ED SOPP | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 150 FAYETTEVILLE ST STE 1400, RALEIGH, NC 27601-2956
- In care of
- % THOMAS S HILL III
- Principal officer (990 for 2025)
- THOMAS S HILL III, 150 Fayetteville St Suite 140, Raleigh, NC 27601
- Signed the 990
- THOMAS S HILL III, Vice President
- Phone
- (919) 845-6647
- Return prepared by
- BDO USA
Mission
THE MISSION OF WESTON PROPERTY OWNERS ASSOCIATION IS TO MANAGE AND DEVELOP WESTON AS A FIRST CLASS, HIGH QUALITY, MULTI-USE DEVELOPMENT.
Program accomplishments
- MAINTENANCE OF COMMON GROUND FOR MIXED-USE PROPERTY OWNERS.Expenses $421,493 · revenue $424,460
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1724807
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $24,802
- Income (IRS master file)
- $424,460
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $424,460 | $421,493 | $24,802 | XML |
| 990 | December 2024 | $357,067 | $406,890 | $22,750 | XML |
| 990 | December 2023 | $376,253 | $369,120 | $17,528 | XML |
| 990 | December 2022 | $375,788 | $390,517 | $17,487 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 58-1724807).
Questions about WESTON PROPERTY OWNERS ASSOCIATION
- What is the EIN of WESTON PROPERTY OWNERS ASSOCIATION?
- The employer identification number (EIN) of WESTON PROPERTY OWNERS ASSOCIATION is 58-1724807.
- Is WESTON PROPERTY OWNERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1987.
- Are donations to WESTON PROPERTY OWNERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WESTON PROPERTY OWNERS ASSOCIATION 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 WESTON PROPERTY OWNERS ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WESTON PROPERTY OWNERS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of WESTON PROPERTY OWNERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 names THOMAS S HILL III.
- Who are the officers and directors of WESTON PROPERTY OWNERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does WESTON PROPERTY OWNERS ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $424,460, expenses of $421,493 and total assets of $24,802 at year end.
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