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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 39-1984103

CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC

Tax-exempt · EDINA, MN 55424

Financials

$5K$23K2023
Revenue Expenses · by fiscal year end
Financials of CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$5,361$22,651-$17,290$10,619$0$10,619
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$4,531
Membership dues
$830
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$22,331
Other expenses
$320

Balance sheet and other

Total assets, start of year
$27,909
Total assets, end of year
$10,619
Total liabilities, end of year
$0
Net assets, end of year
$10,619
Cash, savings and investments
$10,619
Gross receipts
$5,361

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-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Lori ThompsonPresident1$0
Jim SorboroTreasurer1$0
Rick ZabinskiDirector1$0
Karla GluekSecretary1$0
Carol MaddenDirector1$0

Address and contacts

Address (IRS master file)
4915 ARDEN AVE, EDINA, MN 55424-1120
In care of
% JIM SORBORO
Mailing address (990-N for 2025)
4915 Arden Ave, Edina MN 55424
Principal officer (990-N for 2025)
Jim Sorboro, 4915 Arden Ave, Edina MN 55424
Signed the 990-EZ
Jim Sorboro, Treasurer
Phone
(612) 251-4692

Mission

Property owners association dedicated to maintaining the quality of Clear Lake, located in the Town of Round Lake, WI

990-EZ for the year ended December 31, 2023

Program accomplishments

  • The association carried out a spot treatment to mitigate the impact of Euroasion Milfoil, and invasive plant species that negatively impacts the quality of the lake. This is consistent with the associations accomplishments since its inception. Whole lake treatments are completed every 3 - 5 years, with spot treatments done in some years in between whole lake treatments.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2026 990-N for CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
39-1984103
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Environment (C32)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Jim Sorboro
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: James A Sorboro
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$5,361$22,651$10,619XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2008
Officer: Kristine Harms
August 31, 2009≤ $50,000 receipts––e-Postcard

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 39-1984103).

Questions about CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC

What is the EIN of CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC?
The employer identification number (EIN) of CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC is 39-1984103.
Is CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC 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 CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC?
The 990-N for 2025 names Jim Sorboro.
Who are the officers and directors of CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC?
The 990-EZ for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does CLEAR LAKE PROPERTY OWNERS ASSOCIATION INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $5,361, expenses of $22,651 and total assets of $10,619 at year end.

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