Nonprofit · EIN 86-3531075
CARLTON WOODS PROPERTIES INC
Tax-exempt · THE WOODLANDS, TX 77382
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $730,693 | $2,346,374 | -$1,615,681 | $33,899,683 | $37,543,646 | -$3,643,963 |
| August 31, 2024 | 990 | $681,733 | $2,710,015 | -$2,028,282 | $34,130,879 | $36,159,161 | -$2,028,282 |
| August 31, 2023 | 990 | $405,700 | $405,700 | $0 | $24,510,499 | $325,000 | $24,185,499 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $730,693
- Other revenue
- $730,693
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $458,792
- Depreciation
- $1,615,681
Balance sheet and other
- Total assets, start of year
- $34,130,879
- Total assets, end of year
- $33,899,683
- Total liabilities, end of year
- $37,543,646
- Net assets, end of year
- -$3,643,963
- Land, buildings and equipment
- $33,739,106
- Net assets without donor restrictions
- -$3,643,963
- Gross receipts
- $730,693
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2023
- 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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYN MADDOX | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JASON FRAZER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| BECKY BAYLESS | SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended August 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYN MADDOX | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JASON FRAZER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| BECKY BAYLESS | SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended August 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYN MADDOX | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JASON FRAZER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| MARK TRESSLER | SECRETARY Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1 CARLTON WOODS DR, THE WOODLANDS, TX 77382-2563
- In care of
- % STEVE SALZMAN
- Principal officer (990 for 2024)
- LYN MADDOX, ONE CARLTON WOODS DRIVE, THE WOODLANDS, TX 77382
- Signed the 990
- LYN MADDOX, PRESIDENT
- Phone
- (281) 863-5800
- Website
- WWW.CARLTONWOODS.COM
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY LLP
Mission
HOLDING COMPANY FOR REAL ESTATE PURCHASED BY CW OPERATING COMPANY, INC. DBA THE CLUB AT CARLTON WOODS.
Program accomplishments
- HOLDING COMPANY FOR REAL ESTATE PURCHASED BY CW OPERATING COMPANY, INC. DBA THE CLUB AT CARLTON WOODS.
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 86-3531075
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2023
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N19)
- Assets (IRS master file)
- $33,899,683
- Income (IRS master file)
- $730,693
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $730,693 | $2,346,374 | $33,899,683 | XML |
| 990 | August 2024 | $681,733 | $2,710,015 | $34,130,879 | XML |
| 990 | August 2023 | $405,700 | $405,700 | $24,510,499 | XML |
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 86-3531075).
Questions about CARLTON WOODS PROPERTIES INC
- What is the EIN of CARLTON WOODS PROPERTIES INC?
- The employer identification number (EIN) of CARLTON WOODS PROPERTIES INC is 86-3531075.
- Is CARLTON WOODS PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2023.
- Are donations to CARLTON WOODS PROPERTIES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CARLTON WOODS PROPERTIES 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 CARLTON WOODS PROPERTIES INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CARLTON WOODS PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of CARLTON WOODS PROPERTIES INC?
- The 990 for the year ended August 31, 2025 names LYN MADDOX.
- Who are the officers and directors of CARLTON WOODS PROPERTIES INC?
- The 990 for the year ended August 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CARLTON WOODS PROPERTIES INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $730,693, expenses of $2,346,374 and total assets of $33,899,683 at year end.
Other nonprofits in THE WOODLANDS
- CW OPERATING COMPANY INC EIN 47-4418994 · last filed 990 for 2025
- SPIRIT GOLF ASSOCIATION EIN 31-1654247 · last filed 990 for 2025
- LITTLE LEAGUE BASEBALL INC EIN 76-0356023 · last filed 990 for 2025
- REVIVAL SPORT INC EIN 27-3335561 · last filed 990 for 2025
- ROWING CLUB OF THE WOODLANDS INC EIN 76-0459849 · last filed 990 for 2024
- THE WOODLANDS HIGH SCHOOL GOLF BOOSTER CLUB EIN 76-0312552 · last filed 990-EZ for 2025
- WOODLANDS HIGH SCHOOL REBOUNDERS CLUB EIN 87-2352749 · last filed 990-EZ for 2025
- WOODLANDS FC INC EIN 83-4254808 · last filed 990-EZ for 2025
All nonprofits in THE WOODLANDS · Texas · Recreation and sports