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Nonprofit · EIN 62-1000589

FIVE OAKS RECREATIONAL ASSOCIATION INC

Tax-exempt · DURHAM, NC 27707

Financials

$345K$316K2022$361K$353K2023
Revenue Expenses · by fiscal year end
Financials of FIVE OAKS RECREATIONAL ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2024990$360,989$353,359$7,630$534,460$13,833$520,627
March 31, 2023990$344,516$315,582$28,934$552,203$19,568$532,635
Financial details: 990 for the year ended March 31, 2024

Revenue

Contributions, gifts and grants
$348,745
Membership dues
$348,725
Program service revenue
$8,740
Investment income
$1,404
Net rental income
$2,100
Other revenue
$2,100

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$54,871
Other salaries and wages
$24,197
Salaries, compensation and benefits (total)
$85,893
Professional fundraising fees
$0
Legal fees
$796
Accounting fees
$6,110
Depreciation
$28,527
Program services (functional)
$224,215
Management and general (functional)
$129,144

Balance sheet and other

Total assets, start of year
$552,203
Total assets, end of year
$534,460
Total liabilities, end of year
$13,833
Net assets, end of year
$520,627
Land, buildings and equipment
$397,245
Gross receipts
$360,989
Employees
3
Volunteers
0
Year formed
1976
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 March 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Joshua LindgrenGeneral Manager
Key employee, Highest-paid employee
30$0
Danial RahimtoolaPresident
Trustee or director, Officer
2$0
Susan CouchVice President
Trustee or director, Officer
1$0
Susan DemeriTreasurer
Trustee or director, Officer
1$0
Monica HoyerSecretary
Trustee or director, Officer
1$0
Katie BenedettoMember
Trustee or director
1$0
Cheryl PiccilloMember
Trustee or director
1$0
990 for the year ended March 31, 2023: 8 people
NameTitleHours / weekCompensation
JOSHUA LINDGRENGENERAL MGR
Key employee, Highest-paid employee
30$0
SUSAN COUCHVICE PRESIDENT
Trustee or director, Officer
1$0
SUSAN DEMERITREASURER
Trustee or director
1$0
KATIE JONESPRESIDENT
Trustee or director, Officer
2$0
ANDY MINKMEMBER
Trustee or director, Officer
1$0
CHERYL PICCILLOMEMBER
Trustee or director, Officer
1$0
RICHARD BOBHOLTZMEMBER
Trustee or director
1$0
DANIAL RAHIMTOOLAMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
5109 PINE CONE DR, DURHAM, NC 27707-5248
Principal officer (990 for 2023)
Danial Tahimtoola, 5109 Pine Cone Dr, Durham, NC 27707
Signed the 990
Danial Tahimtoola, President
Phone
(919) 493-1495
Return prepared by
Trudy P Thornton

Mission

Organization is a membership association providing recreational services and social programs to its members.

990 for the year ended March 31, 2024

Program accomplishments

  • Club operations provide well maintained facilities for recreational and social use of members.
    Expenses $224,215

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025Not on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
62-1000589
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1983
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$534,460
Income (IRS master file)
$360,989

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2024$360,989$353,359$534,460XML
990March 2023$344,516$315,582$552,203XML
990March 2022$335,209$302,674$541,637IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––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 62-1000589).

Questions about FIVE OAKS RECREATIONAL ASSOCIATION INC

What is the EIN of FIVE OAKS RECREATIONAL ASSOCIATION INC?
The employer identification number (EIN) of FIVE OAKS RECREATIONAL ASSOCIATION INC is 62-1000589.
Is FIVE OAKS RECREATIONAL ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1983.
Are donations to FIVE OAKS RECREATIONAL ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FIVE OAKS RECREATIONAL 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 FIVE OAKS RECREATIONAL ASSOCIATION INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FIVE OAKS RECREATIONAL ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2024.
Who is the principal officer of FIVE OAKS RECREATIONAL ASSOCIATION INC?
The 990 for the year ended March 31, 2024 names Danial Tahimtoola.
Who are the officers and directors of FIVE OAKS RECREATIONAL ASSOCIATION INC?
The 990 for the year ended March 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does FIVE OAKS RECREATIONAL ASSOCIATION INC have?
On its 990 for the year ended March 31, 2024 it reported revenue of $360,989, expenses of $353,359 and total assets of $534,460 at year end.

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