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Nonprofit · EIN 76-0581046

GRAND LAKES COMMUNITY ASSOCIATION INC

Tax-exempt · HOUSTON, TX 77041

Financials

$4.6M$3.8M2023$4.3M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of GRAND LAKES COMMUNITY ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,272,713$3,882,560$390,153$5,178,425$1,342,970$3,835,455
December 31, 2023990$4,646,949$3,844,001$802,948$4,897,066$1,235,933$3,661,133
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,662,750
Membership dues
$3,662,750
Program service revenue
$0
Investment income
$123,178
Other revenue
$486,785

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$81,952
Accounting fees
$2,600
Program services (functional)
$3,537,663
Management and general (functional)
$344,897

Balance sheet and other

Total assets, start of year
$4,897,066
Total assets, end of year
$5,178,425
Total liabilities, end of year
$1,342,970
Net assets, end of year
$3,835,455
Gross receipts
$4,272,713
Employees
0
Year formed
1998
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.

NameTitleHours / weekCompensation
RICHARD POWELLDIRECTOR
Officer
2$0
SIDDARAMESHWAR BAGALIDIRECTOR
Officer
2$0
JONATHAN BURNSDIRECTOR
Officer
2$0
LI JUAN WANGDIRECTOR
Officer
2$0
YOUHONG WANGDIRECTOR
Officer
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
LI JUAN WANGDIRECTOR
Officer
2$0
YOUHONG WANGDIRECTOR
Officer
2$0
JONATHAN BURNSDIRECTOR
Officer
2$0
RICHARD POWELLDIRECTOR
Officer
2$0
SIDDARAMESHWAR BAGALIDIRECTOR
Officer
2$0

Address and contacts

Address (IRS master file)
11000 CORPORATE CENTRE DRIVE STE 15, HOUSTON, TX 77041-5176
In care of
% RICHARD POWELL
Signed the 990
RICHARD POWELL, DIRECTOR
Return prepared by
ELAINE W COMBS CPA

Mission

MAINTAINING THE COMMON AREAS OF THE COMMUNITY AND PROMOTING THE HEALTH, WELFARE AND SAFETY OF THE COMMUNITY

990 for the year ended December 31, 2024

Program accomplishments

  • THE ASSOCIATION IS RESPONSIBLE FOR THE COMMON AREA MAINTENANCE OF THE COMMUNITY INCLUDING STREETLIGHTS, LAKE, WALKING TRAILS, PLAYGROUND, POOL, LANDSCAPE, AND SECURITY
    Expenses $3,537,663

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
76-0581046
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,178,425
Income (IRS master file)
$4,272,713

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,272,713$3,882,560$5,178,425IRS
990December 2023$4,646,949$3,844,001$4,897,066XML
990December 2022$3,912,093$4,378,693$3,689,212IRS
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 76-0581046).

Questions about GRAND LAKES COMMUNITY ASSOCIATION INC

What is the EIN of GRAND LAKES COMMUNITY ASSOCIATION INC?
The employer identification number (EIN) of GRAND LAKES COMMUNITY ASSOCIATION INC is 76-0581046.
Is GRAND LAKES COMMUNITY ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2008.
Are donations to GRAND LAKES COMMUNITY ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GRAND LAKES COMMUNITY ASSOCIATION 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 GRAND LAKES COMMUNITY ASSOCIATION 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 GRAND LAKES COMMUNITY ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of GRAND LAKES COMMUNITY ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does GRAND LAKES COMMUNITY ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,272,713, expenses of $3,882,560 and total assets of $5,178,425 at year end.

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