Nonprofit · EIN 75-0399805
LONG GLADE LAKE INC
Tax-exempt · HENDERSON, TX 75652
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $86,880 | $43,757 | $43,123 | $680,986 | $0 | $680,986 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $41,634
- Membership dues
- $41,634
- Program service revenue
- $0
- Investment income
- $55,434
- Royalties
- $3,771
- Net gain from sales of assets
- $40,000
- Other revenue
- -$10,188
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,829
- Depreciation
- $7,033
- Management and general (functional)
- $43,757
Balance sheet and other
- Total assets, start of year
- $637,863
- Total assets, end of year
- $680,986
- Total liabilities, end of year
- $0
- Net assets, end of year
- $680,986
- Land, buildings and equipment
- $301,531
- Publicly traded securities
- $114,830
- Gross unrelated business income
- $3,771
- Gross receipts
- $96,880
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1939
- 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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE COLEMAN | PRESIDENT Trustee or director | 1 | $0 |
| JIM FERRELL JR | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| CURT FRISBIE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| LANETTE ANDREWS | TREASURER Trustee or director, Officer | 1 | $0 |
| CATHY REAVES | SECRETARY Trustee or director, Officer | 1 | $0 |
| CONNIE REEVE | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| JOHNNY KOSAREK | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 12900 COUNTY ROAD 2127 N LOT 58, HENDERSON, TX 75652-8455
- Principal officer (990 for 2023)
- MIKE COLEMAN, 12900 CR 2127N LOT 58, HENDERSON, TX 75652
- Signed the 990
- JOHN KOSAREK, PRESIDENT
- Phone
- (903) 235-9935
- Return prepared by
- FARMER FUQUA & HUFF PC
Mission
PRIVATE LAKE ASSOCIATION
Program accomplishments
- MAINTENANCE OF PROPERTY, WATER, AND FACILITIES OF THE LONG GLADE LAKE IN RUSK COUNTY, TEXAS FOR MEMBERS AND INVITED GUESTS.
- MAINTENANCE OF PROPERTY, WATER, AND FACILITIES OF THE LONG GLADE LAKE IN RUSK COUNTY, TEXAS FOR MEMBERS AND INVITED GUESTS.
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 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-0399805
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1952
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $680,986
- Income (IRS master file)
- $96,880
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $86,880 | $43,757 | $680,986 | XML |
| 990 | December 2022 | $54,287 | $58,087 | $637,863 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 75-0399805).
Questions about LONG GLADE LAKE INC
- What is the EIN of LONG GLADE LAKE INC?
- The employer identification number (EIN) of LONG GLADE LAKE INC is 75-0399805.
- Is LONG GLADE LAKE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1952.
- Are donations to LONG GLADE LAKE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LONG GLADE LAKE 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 LONG GLADE LAKE 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 LONG GLADE LAKE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of LONG GLADE LAKE INC?
- The 990 for the year ended December 31, 2023 names MIKE COLEMAN.
- Who are the officers and directors of LONG GLADE LAKE INC?
- The 990 for the year ended December 31, 2023 lists 7 people; 0 received compensation from the organization.
- How much revenue does LONG GLADE LAKE INC have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $86,880, expenses of $43,757 and total assets of $680,986 at year end.
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