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Nonprofit · EIN 91-0841599

BRAE BURN INC

Tax-exempt · REDMOND, WA 98052

Financials

$285K$307K2023$332K$273K2024
Revenue Expenses · by fiscal year end
Financials of BRAE BURN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$331,857$273,319$58,538$693,107$221,853$471,254
December 31, 2023990$285,475$307,238-$21,763$412,716$0$412,716
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$320,878
Investment income
$9,279
Net rental income
$1,700
Other revenue
$1,700

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$113,259
Salaries, compensation and benefits (total)
$123,329
Professional fundraising fees
$0
Accounting fees
$1,745
Occupancy
$14,379
Depreciation
$23,511

Balance sheet and other

Total assets, start of year
$412,716
Total assets, end of year
$693,107
Total liabilities, end of year
$221,853
Net assets, end of year
$471,254
Land, buildings and equipment
$141,651
Gross unrelated business income
$10,979
Gross receipts
$331,857
Employees
4
Volunteers
10
Year formed
1962
State of legal domicile
WA

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
LISA COLLIERTREASURER
Trustee or director, Officer
3$8,978
CRAIG SCHULTZPRESIDENT
Trustee or director, Officer
6$0
SEAN O'CONNORVICE PRESIDENT
Trustee or director, Officer
3$0
DEBBIE GORDONSECRETARY
Trustee or director, Officer
3$0
GARK EKLUNDDIRECTOR
Trustee or director
3$0
KEVIN REIDDIRECTOR
Trustee or director
3$0
BOBBI SCHULTZDIRECTOR
Trustee or director
3$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
LISA COLLIERTREASURER
Trustee or director, Officer
3$8,483
GREG HELLANDPRESIDENT
Trustee or director, Officer
6$0
NANCY LASWELLVICE PRESIDENT
Trustee or director, Officer
3$0
DEBBIE GORDONSECRETARY
Trustee or director, Officer
3$0
KRISTINE KESKIDIRECTOR
Trustee or director
3$0
KEVIN REIDDIRECTOR
Trustee or director
3$0
KEITH SCHULTZDIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
2409 182ND AVE NE, REDMOND, WA 98052-5931
Principal officer (990 for 2024)
PETER MAGOULICK, 2409 182ND AVE NE, REDMOND, WA 98052
Signed the 990
PETER MAGOULICK, TREASURER
Phone
(425) 376-1069
Return prepared by
VINE DAHLEN PLLC

Mission

THE ORGANIZATION PROVIDES A SOURCE FOR RECREATIONAL ACTIVITIES FOR THE COMMUNITY MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDES RECREATIONAL AND SOCIAL OPPORTUNITIES FOR THE MEMBERS THROUGH ITS OWNERSHIP AND MAINTENANCE OF A GOLF COURSE, CLUBHOUSE AND POOL FACILITY.

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
91-0841599
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$693,107
Income (IRS master file)
$331,857

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$331,857$273,319$693,107IRS
990December 2023$285,475$307,238$412,716XML
990December 2022$296,968$245,241$434,479IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 91-0841599).

Questions about BRAE BURN INC

What is the EIN of BRAE BURN INC?
The employer identification number (EIN) of BRAE BURN INC is 91-0841599.
Is BRAE BURN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1972.
Are donations to BRAE BURN INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BRAE BURN 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 BRAE BURN 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 BRAE BURN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BRAE BURN INC?
The 990 for the year ended December 31, 2024 names PETER MAGOULICK.
Who are the officers and directors of BRAE BURN INC?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $8,978 (LISA COLLIER, TREASURER).
How much revenue does BRAE BURN INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $331,857, expenses of $273,319 and total assets of $693,107 at year end.

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