Nonprofit · EIN 75-2543538
SUNRAY COMMUNITIES INC
Tax-exempt · FLOWER MOUND, TX 75028
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $326,025 | $358,299 | -$32,274 | $1,080,949 | $51,997 | $1,028,952 |
| December 31, 2023 | 990 | $313,376 | $351,964 | -$38,588 | $1,094,452 | $33,226 | $1,061,226 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $323,464
- Investment income
- $2,561
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $87,660
- Salaries, compensation and benefits (total)
- $108,381
- Professional fundraising fees
- $0
- Accounting fees
- $11,432
- Depreciation
- $54,911
- Program services (functional)
- $358,299
Balance sheet and other
- Total assets, start of year
- $1,094,452
- Total assets, end of year
- $1,080,949
- Total liabilities, end of year
- $51,997
- Net assets, end of year
- $1,028,952
- Land, buildings and equipment
- $819,973
- Net assets without donor restrictions
- -$1,323,948
- Net assets with donor restrictions
- $2,352,900
- Gross receipts
- $326,025
- Employees
- 0
- Year formed
- 1994
- 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 |
|---|---|---|---|
| Steve Chao | President Trustee or director, Officer | 5 | $0 |
| Charles Ku | Vice President Trustee or director, Officer | 2 | $0 |
| Eric Ko | Secretary Trustee or director, Officer | 5 | $0 |
| Ting-Whai Lee | Treasurer Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Chao | President Trustee or director, Officer | 5 | $0 |
| Charles Ku | Vice President Trustee or director, Officer | 2 | $0 |
| Eric Ko | Secretary Trustee or director, Officer | 5 | $0 |
| Tingwhai Lee | Treasurer Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 148 RED OAK LN, FLOWER MOUND, TX 75028-3501
- Principal officer (990 for 2024)
- Ting-Whai Lee, 1417 Chesterton Drive, Richardson, TX 75080
- Signed the 990
- Ting-Whai Lee, Treasurer
- Phone
- (972) 713-8888
- Return prepared by
- M GROUP LLP
Mission
To provide housing to elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and phychological needs.
Program accomplishments
- PROVIDED LOW COST HOUSING FOR THE ELDERLY - 50 UNITS LOCATED IN RICHARDSON, TEXASExpenses $358,299 · revenue $323,464
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
- 75-2543538
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $1,080,949
- Income (IRS master file)
- $326,025
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $326,025 | $358,299 | $1,080,949 | XML |
| 990 | December 2023 | $313,376 | $351,964 | $1,094,452 | XML |
| 990 | December 2022 | $286,066 | $354,682 | $1,152,916 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 75-2543538).
Questions about SUNRAY COMMUNITIES INC
- What is the EIN of SUNRAY COMMUNITIES INC?
- The employer identification number (EIN) of SUNRAY COMMUNITIES INC is 75-2543538.
- Is SUNRAY COMMUNITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to SUNRAY COMMUNITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SUNRAY COMMUNITIES 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 SUNRAY COMMUNITIES 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 SUNRAY COMMUNITIES 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 SUNRAY COMMUNITIES INC?
- The 990 for the year ended December 31, 2024 names Ting-Whai Lee.
- Who are the officers and directors of SUNRAY COMMUNITIES INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does SUNRAY COMMUNITIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $326,025, expenses of $358,299 and total assets of $1,080,949 at year end.
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All nonprofits in FLOWER MOUND · Texas · Housing and shelter