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Nonprofit · EIN 85-2075311

OAK MEADOWS COMMUNITY ASSOCIATION

Tax-exempt · ASHEBORO, NC 27203

Financials

$289K$229K2023$268K$226K2025
Revenue Expenses · by fiscal year end
Financials of OAK MEADOWS COMMUNITY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$268,163$225,779$42,384$2,669,090$2,232,849$436,241
December 31, 2023990$288,553$229,353$59,200$2,466,756$2,308,970$157,786
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$239,823
Investment income
$24,722
Net gain from sales of assets
$22,000
Other revenue
$3,618

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$6,724
Program services (functional)
$218,923
Management and general (functional)
$6,856

Balance sheet and other

Total assets, start of year
$2,667,792
Total assets, end of year
$2,669,090
Total liabilities, end of year
$2,232,849
Net assets, end of year
$436,241
Land, buildings and equipment
$2,410,954
Gross receipts
$268,163
Employees
0
Year formed
2020
State of legal domicile
NC

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
TIM KIDDPRESIDENT
Trustee or director, Officer
3$0
LUZ MARCELOVICE PRESIDENT
Trustee or director, Officer
3$0
LACEY BROWNTREASURER
Trustee or director, Officer
3$0
KATRINA BLAKEOPERATIONS MANAGER
Trustee or director
3$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
TIM KIDDPRESIDENT
Trustee or director, Officer
3$0
LUZ MARCELOVICE PRESIDENT
Trustee or director, Officer
3$0
LACEY BROWNTREASURER
Trustee or director, Officer
3$0
KATRINA BLAKEOPERATIONS MANAGER
Trustee or director
3$0

Address and contacts

Address (IRS master file)
2075 CEDAR ROAD, ASHEBORO, NC 27203-3431
In care of
% BRENDA KIDD
Signed the 990
LACEY BROWN, TREASURER
Phone
(862) 270-6540
Return prepared by
PT CPAs PLLC

Mission

The Association was established to own and maintain land as a manufactured home community with the goal of a permanently affordable, safe and stable environment in qhich its current and furure members shall live as residents.

990 for the year ended December 31, 2025

Program accomplishments

  • The organization came together in late 2020 to decide if they wanted to buy the land using ROC USA financing. The organization chose to do so, and formed a number of polices over the rest of 2020 to form their own nonprofit landholding organization, with the intention of preserving the affordability and quality of their community. The organization held monthly board meetings and numberous workshops to develop said polices.
    Expenses $218,923

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, 2025Check at the IRS
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-2075311
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,466,756
Income (IRS master file)
$288,553

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$268,163$225,779$2,669,090XML
990December 2023$288,553$229,353$2,466,756XML
990December 2022$285,724$216,536$2,445,527IRS
990December 2021$281,638$241,471$2,412,561IRS
990December 2020$44,445$55,214$2,395,415IRS

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 85-2075311).

Questions about OAK MEADOWS COMMUNITY ASSOCIATION

What is the EIN of OAK MEADOWS COMMUNITY ASSOCIATION?
The employer identification number (EIN) of OAK MEADOWS COMMUNITY ASSOCIATION is 85-2075311.
Is OAK MEADOWS COMMUNITY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to OAK MEADOWS COMMUNITY ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OAK MEADOWS COMMUNITY 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 OAK MEADOWS COMMUNITY 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 OAK MEADOWS COMMUNITY 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 OAK MEADOWS COMMUNITY ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does OAK MEADOWS COMMUNITY ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $268,163, expenses of $225,779 and total assets of $2,669,090 at year end.

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