Skip to main content

Nonprofit · EIN 64-0601262

LAKE TANSI VILLAGE PROPERTY OWNERS ASSOCIATION INC

Tax-exempt · CROSSVILLE, TN 38572

Financials

$4.4M$3.4M2023$4.5M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of LAKE TANSI VILLAGE PROPERTY OWNERS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,548,947$3,487,681$1,061,266$12,315,299$2,147,939$10,167,360
December 31, 2023990$4,399,228$3,369,441$1,029,787$11,435,011$2,328,917$9,106,094
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,684,846
Membership dues
$2,684,846
Program service revenue
$1,278,725
Investment income
$6,635
Net rental income
$446,280
Net income from sales of inventory
$76,698
Other revenue
$578,741

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$215,843
Other salaries and wages
$1,196,345
Salaries, compensation and benefits (total)
$1,440,516
Professional fundraising fees
$0
Accounting fees
$18,000
Travel
$1,853
Depreciation
$376,744
Program services (functional)
$1,847,890
Management and general (functional)
$1,639,791

Balance sheet and other

Total assets, start of year
$11,435,011
Total assets, end of year
$12,315,299
Total liabilities, end of year
$2,147,939
Net assets, end of year
$10,167,360
Land, buildings and equipment
$10,952,581
Gross unrelated business income
$685,146
Gross receipts
$4,562,477
Employees
105
Volunteers
21
Year formed
1977
State of legal domicile
TN

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
GARY DILLONGENERAL MANAGER40$84,760
LARRY WILLIAMSTREASURER40$76,080
PATRICIA STEINMANNSECRETARY40$55,003
QUINN FREITAGDirector
Trustee or director
0$0
BRAD CRAMERDirector
Trustee or director
0$0
J H GRAHAM IIIChairman
Trustee or director, Officer
0$0
DAN SMITHPresident
Trustee or director, Officer
0$0
JUDI HARTMANDirector
Trustee or director
0$0
FRANK THIERRYVice President
Trustee or director, Officer
0$0
GAIL BOLESChairman
Trustee or director
0$0
BARRY FIELDDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
GARY DILLONGENERAL MANAGER40$77,714
LARRY WILLIAMSTREASURER40$65,032
PATRICIA STEINMANNSECRETARY40$46,290
QUINN FREITAGDirector
Trustee or director
0$0
BRAD CRAMERDirector
Trustee or director
0$0
J H GRAHAM IIIChairman
Trustee or director, Officer
0$0
DAN SMITHPresident
Trustee or director, Officer
0$0
JUDI HARTMANDirector
Trustee or director
0$0
FRANK THIERRYVice President
Trustee or director, Officer
0$0
GAIL BOLESChairman
Trustee or director
0$0
BARRY FIELDDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
5050 SHOSHONE LOOP, CROSSVILLE, TN 38572-6416
Signed the 990
LARRY WILLIAMS, Treasurer
Phone
(931) 788-6721
Return prepared by
Parsons & Wright CPAs

Mission

ORGANIZED FOR THE PURPOSE OF ESTABLISHING, MAINTAINING AND OPERATING THE RECREATIONAL FACILITIES AT LAKE TANSI VILLAGE, CROSSVILLE, TENNESSEE, FOR THE USE AND BENEFIT OF THE ASSOCIATION'S MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • LAKE TANSI VILLAGE IS LOCATED IN CROSSVILLE, TN, HIGH ATOP THE CUMBERLAND PLATEAU. BOASTING THE PLATEAU'S LARGEST LAKE OF 550 ACRES, LAKE TANSI HAS PLENTY TO OFFER IT'S MANY MEMBERS AND GUESTS.
    Expenses $1,847,890

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
64-0601262
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,315,299
Income (IRS master file)
$4,562,477

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,548,947$3,487,681$12,315,299IRS
990December 2023$4,399,228$3,369,441$11,435,011XML
990December 2022$3,536,515$3,057,950$10,444,900IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 64-0601262).

Questions about LAKE TANSI VILLAGE PROPERTY OWNERS ASSOCIATION INC

What is the EIN of LAKE TANSI VILLAGE PROPERTY OWNERS ASSOCIATION INC?
The employer identification number (EIN) of LAKE TANSI VILLAGE PROPERTY OWNERS ASSOCIATION INC is 64-0601262.
Is LAKE TANSI VILLAGE PROPERTY OWNERS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1984.
Are donations to LAKE TANSI VILLAGE PROPERTY OWNERS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAKE TANSI VILLAGE 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 LAKE TANSI VILLAGE PROPERTY OWNERS 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 LAKE TANSI VILLAGE PROPERTY OWNERS 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 are the officers and directors of LAKE TANSI VILLAGE PROPERTY OWNERS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $84,760 (GARY DILLON, GENERAL MANAGER).
How much revenue does LAKE TANSI VILLAGE PROPERTY OWNERS ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,548,947, expenses of $3,487,681 and total assets of $12,315,299 at year end.

Other nonprofits in CROSSVILLE

All nonprofits in CROSSVILLE · Tennessee