Nonprofit · EIN 76-0502731
LAKES OF PARKWAY HOMEOWNERS ASSOC INC
Tax-exempt · DALLAS, TX 75380
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,179,413 | $3,685,366 | -$505,953 | $3,789,603 | $2,249,586 | $1,540,017 |
| December 31, 2024 | 990 | $2,884,137 | $3,038,796 | -$154,659 | $3,626,596 | $1,580,626 | $2,045,970 |
| December 31, 2023 | 990 | $2,826,922 | $2,691,691 | $135,231 | $3,692,178 | $1,491,549 | $2,200,629 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,070,865
- Investment income
- $108,548
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $400,352
- Salaries, compensation and benefits (total)
- $400,352
- Professional fundraising fees
- $0
- Legal fees
- $5,546
- Accounting fees
- $2,700
- Program services (functional)
- $3,627,317
- Management and general (functional)
- $58,049
Balance sheet and other
- Total assets, start of year
- $3,626,596
- Total assets, end of year
- $3,789,603
- Total liabilities, end of year
- $2,249,586
- Net assets, end of year
- $1,540,017
- Net assets without donor restrictions
- $1,540,017
- Gross receipts
- $3,179,413
- Employees
- 5
- Volunteers
- 6
- Year formed
- 1995
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES T LOUGHEAD Jr | PRESIDENT Trustee or director, Officer | 5 | $0 |
| JAMES REDMAN | DIRECTOR Trustee or director | 5 | $0 |
| CHRISTOPHER C JONES | DIRECTOR Trustee or director | 5 | $0 |
| LEOPOLDO HERNANDEZ Jr | SECRETARY Trustee or director, Officer | 5 | $0 |
| JEFFREY KEOWN | DIRECTOR Trustee or director | 5 | $0 |
| KURT ALBAUGH | TREASURER Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES T LOUGHEAD Jr | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MAURY DUMBA | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| CHRISTOPHER C JONES | DIRECTOR Trustee or director | 5 | $0 |
| LEOPOLDO HERNANDEZ Jr | SECRETARY Trustee or director, Officer | 5 | $0 |
| JEFFREY KEOWN | DIRECTOR Trustee or director | 5 | $0 |
| KURT ALBAUGH | TREASURER Trustee or director, Officer | 5 | $0 |
| JIM REDMAN | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES T LOUGHEAD JR | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MAURY DUMBA | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| CHRISTOPHER C JONES | DIRECTOR Trustee or director | 2 | $0 |
| LEOPOLDO HERNANDEZ JR | SECRETARY Trustee or director, Officer | 2 | $0 |
| JEFFREY KEOWN | DIRECTOR Trustee or director | 2 | $0 |
| KURT ALBAUGH | TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 803555, DALLAS, TX 75380-3555
- In care of
- % PCMI
- Principal officer (990 for 2025)
- JAMES T LOUGHEAD Jr, PO box 803555, DALLAS, TX 75380
- Signed the 990
- JAMES T LOUGHEAD Jr, President
- Phone
- (866) 473-2573
- Website
- lakesofparkwayhoa.org
- Return prepared by
- K S NAGESH CPA PC
Mission
CIVIC AND SOCIAL WELFARE ORGANIZATION - PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE PUBLIC AND COMMUNITY THROUGH THE FOLLOWING OBJECTIVES
Program accomplishments
- Objective 1 - To maintain trees, shrubs, flowers, and landscape in the neighborhood for the enjoyment of the community.Expenses $1,481,141 · revenue $1,253,925
- Objective 2 - To provide recreation and exercise facilities in the neighborhood for the enjoyment of the community.Expenses $562,648 · revenue $476,336
- Objective 3 - To provide security and welfare in the neighborhood for the protection of the community.Expenses $1,583,528 · revenue $1,340,605
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 | 990 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
- 76-0502731
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible (Pub 78)
- Organization other than a public charity or private foundation
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S22)
- Assets (IRS master file)
- $3,789,603
- Income (IRS master file)
- $3,179,413
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,179,413 | $3,685,366 | $3,789,603 | XML |
| 990 | December 2024 | $2,884,137 | $3,038,796 | $3,626,596 | XML |
| 990 | December 2023 | $2,826,922 | $2,691,691 | $3,692,178 | XML |
| 990 | December 2022 | $2,435,933 | $2,785,326 | $3,777,483 | 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 76-0502731).
Questions about LAKES OF PARKWAY HOMEOWNERS ASSOC INC
- What is the EIN of LAKES OF PARKWAY HOMEOWNERS ASSOC INC?
- The employer identification number (EIN) of LAKES OF PARKWAY HOMEOWNERS ASSOC INC is 76-0502731.
- Is LAKES OF PARKWAY HOMEOWNERS ASSOC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2014.
- Are donations to LAKES OF PARKWAY HOMEOWNERS ASSOC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation).
- Which annual return does LAKES OF PARKWAY HOMEOWNERS ASSOC 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 LAKES OF PARKWAY HOMEOWNERS ASSOC INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKES OF PARKWAY HOMEOWNERS ASSOC INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LAKES OF PARKWAY HOMEOWNERS ASSOC INC?
- The 990 for the year ended December 31, 2025 names JAMES T LOUGHEAD Jr.
- Who are the officers and directors of LAKES OF PARKWAY HOMEOWNERS ASSOC INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does LAKES OF PARKWAY HOMEOWNERS ASSOC INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,179,413, expenses of $3,685,366 and total assets of $3,789,603 at year end.
Other nonprofits in DALLAS
- TRINITY PARK CONSERVANCY EIN 20-2948236 · last filed 990 for 2025
- DALLAS TOURISM PUBLIC IMPROVEMENT DISTRICT CORPORATION EIN 61-1689405 · last filed 990 for 2025
- SOUTHERN GATEWAY PUBLIC GREEN FOUNDATION EIN 82-3991844 · last filed 990 for 2025
- SALESMANSHIP CLUB OF DALLAS EIN 75-0717135 · last filed 990 for 2025
- FOREST FORWARD EIN 85-1581238 · last filed 990 for 2024
- SALESMANSHIP CLUB FOUNDATION EIN 75-2439715 · last filed 990 for 2025
- GLOBAL SEMICONDUCOTR ALLIANCE EIN 77-0376600 · last filed 990 for 2024
- CINCO RANCH RESIDENTIAL ASSOCIATION EIN 20-5892700 · last filed 990 for 2024
All nonprofits in DALLAS · Texas · Community improvement and capacity building