Nonprofit · EIN 76-0554290
LAKE WINDCREST PROPERTY OWNERS ASSOCIATION
Tax-exempt (reinstated) · SPRING, TX 77373
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $991,975 | $656,956 | $335,019 | $2,360,164 | $304,460 | $2,055,704 |
| December 31, 2024 | 990 | $934,262 | $763,207 | $171,055 | $1,979,581 | $258,896 | $1,720,685 |
| December 31, 2023 | 990 | $859,614 | $847,814 | $11,800 | $1,735,535 | $187,987 | $1,547,548 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $860,454
- Investment income
- $71,435
- Other revenue
- $60,086
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $6,649
- Accounting fees
- $8,570
- Program services (functional)
- $538,515
- Management and general (functional)
- $118,441
Balance sheet and other
- Total assets, start of year
- $1,979,581
- Total assets, end of year
- $2,360,164
- Total liabilities, end of year
- $304,460
- Net assets, end of year
- $2,055,704
- Net assets without donor restrictions
- $2,055,704
- Gross receipts
- $991,975
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1997
- 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 |
|---|---|---|---|
| Tiffany Johnson | Secretary Trustee or director, Officer | 2 | $0 |
| Richard Blohm | Vice President Trustee or director | 2 | $0 |
| Julie Karakulko | President Trustee or director, Officer | 2 | $0 |
| Pat Bracewell | Director Trustee or director | 2 | $0 |
| Michele Goldman | Treasurer Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tiffany Johnson | Secretary Trustee or director, Officer | 2 | $0 |
| Richard Blohm | Vice President Trustee or director, Officer | 2 | $0 |
| Julie Karakulko | President Trustee or director, Officer | 2 | $0 |
| Pat Bracewell | Director Trustee or director | 2 | $0 |
| Michele Goldman | Treasurer Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stan Krauhs | ExOfficio Trustee or director | 2 | $0 |
| Pricilla Spicer | Ex Officio Trustee or director | 2 | $0 |
| John Linscott | Director -at-Large Trustee or director | 2 | $0 |
| Michele Goldman | Treasurer Trustee or director, Officer | 2 | $0 |
| Tiffany Johnson | Secretary Trustee or director, Officer | 2 | $0 |
| Julie Karakulko | President Trustee or director, Officer | 2 | $0 |
| Rick Ghigna | Former Director-at-Large Former | 0 | $0 |
| Michael Stenftenalel | Former Vice President Former | 0 | $0 |
| Suzanne Callison | Former President Former | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 28420 HARDY TOLL RD STE 210, SPRING, TX 77373-8084
- In care of
- % JULIE KARAKULKO
- Signed the 990
- JULIE KARAKULKO, President
- Phone
- (281) 706-8956
- Return prepared by
- Cox CPA Services Inc
Mission
The Association was established to perform services; maintain various common areas and perform community improvements; & enforce covenants of the declaration of a master planned community for a specific geographic area, in order to ensure the safety and welfare of the residents.
Program accomplishments
- Program service activities relate to the operation and maintenance of the common areas for the benefit and welfare of the residential community of Lake Windcrest. The Association maintains all common areas, including but not limited to: docks, entrances, and fences. It supplies street lights, lake and irrigation water, insurance, and security services to provide for the safety and welfare of the residents, visitors, and entire community.Expenses $538,515
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
- 76-0554290
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L99)
- Assets (IRS master file)
- $2,360,164
- Income (IRS master file)
- $991,975
Revocation and reinstatement
- Exemption revoked
- May 15, 2011
- Posted by the IRS
- February 22, 2012
- Reinstated
- Effective May 15, 2011
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $991,975 | $656,956 | $2,360,164 | XML |
| 990 | December 2024 | $934,262 | $763,207 | $1,979,581 | XML |
| 990 | December 2023 | $859,614 | $847,814 | $1,735,535 | XML |
| 990 | December 2022 | $742,147 | $702,003 | $1,586,853 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 76-0554290).
Questions about LAKE WINDCREST PROPERTY OWNERS ASSOCIATION
- What is the EIN of LAKE WINDCREST PROPERTY OWNERS ASSOCIATION?
- The employer identification number (EIN) of LAKE WINDCREST PROPERTY OWNERS ASSOCIATION is 76-0554290.
- Is LAKE WINDCREST PROPERTY OWNERS ASSOCIATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective May 15, 2011.
- Are donations to LAKE WINDCREST PROPERTY OWNERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKE WINDCREST PROPERTY OWNERS ASSOCIATION 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 LAKE WINDCREST PROPERTY OWNERS ASSOCIATION 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 LAKE WINDCREST PROPERTY OWNERS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of LAKE WINDCREST PROPERTY OWNERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does LAKE WINDCREST PROPERTY OWNERS ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $991,975, expenses of $656,956 and total assets of $2,360,164 at year end.
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