Nonprofit · EIN 74-6062739
BRAESWOOD PLACE HOMEOWNERS ASSN
Tax-exempt · HOUSTON, TX 77025
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $853,218 | $683,521 | $169,697 | $695,119 | $12,103 | $683,016 |
| December 31, 2023 | 990 | $793,609 | $713,115 | $80,494 | $513,319 | $0 | $513,319 |
| December 31, 2022 | 990 (amended) | $497,042 | $781,635 | -$284,593 | $435,384 | $2,523 | $432,861 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $276,808
- Program service revenue
- $576,410
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $510,437
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $32,108
- Salaries, compensation and benefits (total)
- $34,487
- Professional fundraising fees
- $0
- Legal fees
- $3,564
- Accounting fees
- $51
- Occupancy
- $10,239
- Program services (functional)
- $510,437
- Management and general (functional)
- $173,084
Balance sheet and other
- Total assets, start of year
- $513,319
- Total assets, end of year
- $695,119
- Total liabilities, end of year
- $12,103
- Net assets, end of year
- $683,016
- Net assets without donor restrictions
- $310,383
- Net assets with donor restrictions
- $372,633
- Gross receipts
- $853,218
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1951
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephanie Bourg | Office Manager Key employee | 20 | $32,108 |
| Janet Maxian | Director Area 5 Trustee or director | 2 | $0 |
| Steve Scherer | Director Area 9 Trustee or director | 2 | $0 |
| Mary Jane Smith | Director Area 11 Trustee or director | 2 | $0 |
| Kinsey Wall | Director Area 12 Trustee or director | 2 | $0 |
| Ruth Ann Stiles | Area 2 Director Trustee or director | 2 | $0 |
| Elaina McNulty | Area 3 Director Trustee or director | 2 | $0 |
| Linda Barcot | VP Central Trustee or director | 2 | $0 |
| Kathy Jenkins | Area 4 Director Trustee or director | 2 | $0 |
| Lindsley McLean | Area 6 Director Trustee or director | 22 | $0 |
| David Romagosa | Area 7 Director Trustee or director | 2 | $0 |
| Kathy Askenasy | Area 8 Director Trustee or director | 2 | $0 |
| Grace Mosby | Area 10 Director Trustee or director | 2 | $0 |
| Adriana Borsos | Area 12 Director Trustee or director | 2 | $0 |
| Frank Karbarz | Director Area 1 Trustee or director | 2 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Potts | Vice President - West Officer | 2 | $0 |
| Gwen Hulsey | Treasurer Officer | 10 | $0 |
| Genie Neukomm | President Officer | 10 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Janet Maxian | Director Area 5 Trustee or director | 2 | $0 |
| Steve Scherer | Director Area 9 Trustee or director | 2 | $0 |
| Mary Jane Smith | Director Area 11 Trustee or director | 2 | $0 |
| Kinsey Wall | Director Area 12 Trustee or director | 2 | $0 |
| Ruth Ann Stiles | Area 2 Director Trustee or director | 2 | $0 |
| Elaina McNulty | Area 3 Director Trustee or director | 22 | $0 |
| Linda Barcot | VP Central Trustee or director | 2 | $0 |
| Kathy Jenkins | Area 4 Director Trustee or director | 2 | $0 |
| Lindsley McLean | Area 6 Director Trustee or director | 22 | $0 |
| David Romagosa | Area 7 Director Trustee or director | 2 | $0 |
| Kathy Askenasy | Area 8 Director Trustee or director | 2 | $0 |
| Grace Mosby | Area 10 Director Trustee or director | 2 | $0 |
| Adriana Borsos | Area 12 Director Trustee or director | 2 | $0 |
| Mark Potts | Vice President - West Officer | 2 | $0 |
| Gwen Hulsey | Treasurer Officer | 5 | $0 |
| Kyle Edwards | Secretary Officer | 2 | $0 |
| Genie Neukomm | President Officer | 10 | $0 |
| Stephanie Bourg | Office Manager Key employee | 20 | $0 |
990 for the year ended December 31, 2022: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mike Pepchinski | Director Area 1 Trustee or director | 2 | $0 |
| Paul Kerlin | Director Area 2 Trustee or director | 2 | $0 |
| Brent Hyman | Director Area 3 Trustee or director | 2 | $0 |
| Sandra Paulley | Director Area 4 Trustee or director | 2 | $0 |
| Janet Maxian | Director Area 5 Trustee or director | 2 | $0 |
| Rob Clark | Director Area 6 Trustee or director | 2 | $0 |
| Peter Wilson | Director Area 7 Trustee or director | 2 | $0 |
| Philip Brunson | Director Area 8 Trustee or director | 2 | $0 |
| Steve Scherer | Director Area 9 Trustee or director | 2 | $0 |
| Tony Houck | Director Area 10 Trustee or director | 2 | $0 |
| Mary Jane Smith | Director Area 11 Trustee or director | 2 | $0 |
| Kinsey Wall | Director Area 12 Trustee or director | 2 | $0 |
| Michael Kent | President Officer | 5 | $0 |
| Steve Anton | Vice President - East Officer | 2 | $0 |
| Will Hawkins | Vice President - Central Officer | 2 | $0 |
| Mark Potts | Vice President - West Officer | 2 | $0 |
| Gwen Hulsey | Treasurer Officer | 5 | $0 |
| Kyle Edwards | Secretary Officer | 2 | $0 |
| Stephanie Bourg | Office Manager Key employee | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 4010 BLUE BONNET BLVD STE 112, HOUSTON, TX 77025-1721
- In care of
- % GENIE NEUKOMM
- Principal officer (990 for 2024)
- Steve Scherer, 4010 Blue Bonnet Blvd Ste 112, Houston, TX 770251721
- Signed the 990
- Steve Scherer, President
Mission
Neighborhood association created to promote the welfare of the community and protect the property values in an area encompassing approximately 2200 homes.
Program accomplishments
- Contract constable deputies provide security and patrol services for the neighborhood as a supplement to city police services. The services are funded through voluntary membership dues paid by association members.Expenses $477,213 · revenue $534,990
- An architectural review is required on new builds and renovation projects to ensure properties are maintained in accordance with deed restrictions. This service is funded through contributions from affected homeowners.Expenses $16,396 · revenue $13,953
- United State flags are available for delivery on scheduled holidays and are stored in between holidays for paying members of the association.Expenses $9,253 · revenue $19,967
- A monthly newsletter is written by volunteers and delivered to homeowners to inform them of crime statistics community events and needs of the community. The cost of the newsletter is defrayed by contributions from neighbors.Expenses $7,575 · revenue $7,500
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 | Not 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
- 74-6062739
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1956
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $695,119
- Income (IRS master file)
- $853,218
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $853,218 | $683,521 | $695,119 | XML |
| 990 | December 2023 | $793,609 | $713,115 | $513,319 | XML |
| 990 | December 2022 | $497,042 | $781,635 | $435,384 | XML |
| 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 74-6062739).
Questions about BRAESWOOD PLACE HOMEOWNERS ASSN
- What is the EIN of BRAESWOOD PLACE HOMEOWNERS ASSN?
- The employer identification number (EIN) of BRAESWOOD PLACE HOMEOWNERS ASSN is 74-6062739.
- Is BRAESWOOD PLACE HOMEOWNERS ASSN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1956.
- Are donations to BRAESWOOD PLACE HOMEOWNERS ASSN tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BRAESWOOD PLACE HOMEOWNERS ASSN 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 BRAESWOOD PLACE HOMEOWNERS ASSN 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 BRAESWOOD PLACE HOMEOWNERS ASSN 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 BRAESWOOD PLACE HOMEOWNERS ASSN?
- The 990 for the year ended December 31, 2024 names Steve Scherer.
- Who are the officers and directors of BRAESWOOD PLACE HOMEOWNERS ASSN?
- The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $32,108 (Stephanie Bourg, Office Manager).
- How much revenue does BRAESWOOD PLACE HOMEOWNERS ASSN have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $853,218, expenses of $683,521 and total assets of $695,119 at year end.
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