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Nonprofit · EIN 76-0554290

LAKE WINDCREST PROPERTY OWNERS ASSOCIATION

Tax-exempt (reinstated) · SPRING, TX 77373

Financials

$860K$848K2023$934K$763K2024$992K$657K2025
Revenue Expenses · by fiscal year end
Financials of LAKE WINDCREST PROPERTY OWNERS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$991,975$656,956$335,019$2,360,164$304,460$2,055,704
December 31, 2024990$934,262$763,207$171,055$1,979,581$258,896$1,720,685
December 31, 2023990$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.

NameTitleHours / weekCompensation
Tiffany JohnsonSecretary
Trustee or director, Officer
2$0
Richard BlohmVice President
Trustee or director
2$0
Julie KarakulkoPresident
Trustee or director, Officer
2$0
Pat BracewellDirector
Trustee or director
2$0
Michele GoldmanTreasurer
Trustee or director, Officer
2$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Tiffany JohnsonSecretary
Trustee or director, Officer
2$0
Richard BlohmVice President
Trustee or director, Officer
2$0
Julie KarakulkoPresident
Trustee or director, Officer
2$0
Pat BracewellDirector
Trustee or director
2$0
Michele GoldmanTreasurer
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Stan KrauhsExOfficio
Trustee or director
2$0
Pricilla SpicerEx Officio
Trustee or director
2$0
John LinscottDirector -at-Large
Trustee or director
2$0
Michele GoldmanTreasurer
Trustee or director, Officer
2$0
Tiffany JohnsonSecretary
Trustee or director, Officer
2$0
Julie KarakulkoPresident
Trustee or director, Officer
2$0
Rick GhignaFormer Director-at-Large
Former
0$0
Michael StenftenalelFormer Vice President
Former
0$0
Suzanne CallisonFormer 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.

990 for the year ended December 31, 2025

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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
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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$991,975$656,956$2,360,164XML
990December 2024$934,262$763,207$1,979,581XML
990December 2023$859,614$847,814$1,735,535XML
990December 2022$742,147$702,003$1,586,853IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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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