Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 74-2898630

INVERNESS HOMEOWNERS ASSOCIATION INC

Tax-exempt · DALLAS, TX 75380

Financials

$543K$576K2023$557K$481K2024
Revenue Expenses · by fiscal year end
Financials of INVERNESS HOMEOWNERS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$556,768$481,066$75,702$294,873$67,450$227,423
December 31, 2023990$543,292$575,606-$32,314$196,020$48,641$147,379
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$554,400
Investment income
$432
Other revenue
$1,936

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$465,666
Management and general (functional)
$15,400

Balance sheet and other

Total assets, start of year
$196,020
Total assets, end of year
$294,873
Total liabilities, end of year
$67,450
Net assets, end of year
$227,423
Gross receipts
$556,768
Employees
0
Volunteers
5
Year formed
1998
State of legal domicile
TX

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
BARRY BANKLERDIRECTOR
Trustee or director
6$0
ISRAEL FOGIELDIRECTOR
Trustee or director
6$0
KENNETH GINDYDIRECTOR
Trustee or director
6$0
DREW ROYDIRECTOR
Trustee or director
6$0
MATTHEW STARRDIRECTOR
Trustee or director
6$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
KENNETH M GINDYPRESIDENT / DIRECTOR
Trustee or director, Officer
6$0
ISRAEL FOGIELVICE PRESIDENT
Trustee or director, Officer
6$0
HARVEY H HOWELLSECRETARY
Trustee or director, Officer
6$0
DREW ROYVICE PRESIDENT
Trustee or director, Officer
6$0
BARRY BANKLERVICE PRESIDENT
Trustee or director, Officer
6$0
BRAD RICHIETREASURER
Officer
6$0

Address and contacts

Address (IRS master file)
PO BOX 803555, DALLAS, TX 75380-3555
In care of
% ISRAEL FOGIEL
Principal officer (990 for 2024)
KENNETH GINDY
Signed the 990
KENNETH GINDY, DIRECTOR
Phone
(866) 403-1588
Return prepared by
ARMSTRONG VAUGHAN & ASSOCIATES PC

Mission

PROVIDE FOR THE MAINTENANCE, PRESERVATION AND ARCHITECTURAL CONTROLS OF THE SUBDIVISION. THIS UNIFORM PLAN FOR DEVELOPMENT AND IMPROVEMENT ENSURES THE PRESERVATION OF SUCH UNIFORM PLAN FOR THE BENEFIT OF BOTH PRESENT AND FUTURE HOMEOWNERS, THE SURROUNDING NEIGHBORHOODS AND THE PUBLIC TO PROTECT AND ENHACE THE QUALITY OF LIFE. THE LANDSCAPING AND IRRIGATION SYSTEM ARE CONTINUALLY MAINTAINED BY CONTRACTORS. STREET LIGHTS, SIDEWALKS, WALKING TRAILS, COMMON AREA WALLS, GATES AND FANCES ARE MAINTAINED FOR SAFETY AND SECURITY OF THE COMMUNITY. OVERSIGHT BY THE BOARD AND MANAGEMENT COMPANY IS NECESSARY TO ENSURE PROPER AND CONTINUED MAINTENANCE. THE PARK, WALKING TRAILS, AND LANDSCAPE COMMON AREAS ARE FOR EVERYONE TO ENJOY AND TO PROVIDE NOISE BUFFERS THUS MAINTAINING A PEACEFUL ENVIRONMENT FOR THE COMMUNITY. THE CONSERVATION AREA IS CONTROLLED FROM DEVELOPMENT TO PRESERVE THE WILDLIFE HABITAT AND WATERSHED AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • LANDSCAPING AND IRRIGATION SYSTEM MAINTENANCE OF THE ENTRIES, PARK, WALKING TRAILS AND OTHER LANDSCAPE COMMON AREAS AND WILDLIFE AREAS. THESE AREAS ARE USED FOR COMMUNITY GATHERINGS, RELAXATION AND EXCERCISE THROUGHOUT THE YEAR FOR THE GENERAL WELFARE OF THE PEOPLE OF THE ENTIRE COMMUNITY.
    Expenses $115,474
  • SECURITY SERVICES ARE PROVIDED TO THE COMMUNITY TO ENSURE A PEACEFUL AND COMFORTABLE ENVIRONMENT WITH THE NEEDS OF THE ENTIRE COMMUNITY CONSIDERED. MAINTENANCE OF THE GATES, ENTRANCE FACILITIES AND OTHER COMMON AREAS.
    Expenses $223,494
  • UTILITY EXPENSES INCLUDE WATER AND ELECTRICITY FOR THE IRRIGATION SYSTEM TO MAINTAIN THE GRASS AND PLANTS IN THE ENTRIES TO THE SUBDIVISION, PARK AND OTHER COMMON LANDSCAPE AREAS. ELECTRICITY FOR THE STREET LIGHTS AND OTHER LIGHTING AND ENTRY FACILITIES FOR THE SAFETY AND SECURITY OF THE COMMUNITY.
    Expenses $89,415
  • PAID INSURANCE AND PROPERTY TAXES ASSESSED ON THE COMMON AREAS OWNED BY THE ASSOCIATION, MAINTENANCE OF STREETS, LIGHTING, AND GENERAL REPAIRS AND OFFICE SUPPLIES FOR CORRESPONDENCE AND NEWSLETTERS TO THE COMMUNITY.
    Expenses $37,283

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
74-2898630
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$294,873
Income (IRS master file)
$556,768

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$556,768$481,066$294,873XML
990December 2023$543,292$575,606$196,020XML
990December 2022$527,840$429,646$216,133IRS
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 74-2898630).

Questions about INVERNESS HOMEOWNERS ASSOCIATION INC

What is the EIN of INVERNESS HOMEOWNERS ASSOCIATION INC?
The employer identification number (EIN) of INVERNESS HOMEOWNERS ASSOCIATION INC is 74-2898630.
Is INVERNESS HOMEOWNERS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2010.
Are donations to INVERNESS HOMEOWNERS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INVERNESS 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 INVERNESS HOMEOWNERS 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 INVERNESS HOMEOWNERS 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 INVERNESS HOMEOWNERS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names KENNETH GINDY.
Who are the officers and directors of INVERNESS HOMEOWNERS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does INVERNESS HOMEOWNERS ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $556,768, expenses of $481,066 and total assets of $294,873 at year end.

Other nonprofits in DALLAS

All nonprofits in DALLAS · Texas · Housing and shelter