Skip to main content

Nonprofit · EIN 75-2640477

PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY

Tax-exempt · LITTLE ELM, TX 75068

Financials

$52K$43K2023$53K$50K2024$48K$70K2025
Revenue Expenses · by fiscal year end
Financials of PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$48,409$69,677-$21,268$187,286$300$186,986
December 31, 2024990-EZ$53,005$49,641$3,364$209,255$1,001$208,254
December 31, 2023990-EZ$52,440$43,288$9,152$250,674$1,691$248,983
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$45,998
Investment income
$2,411

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$4,603
Printing, publications and postage
$360
Other expenses
$64,714
Program services (functional)
$64,090

Balance sheet and other

Total assets, start of year
$209,255
Total assets, end of year
$187,286
Total liabilities, end of year
$300
Net assets, end of year
$186,986
Cash, savings and investments
$187,286
Gross receipts
$48,409

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOE POTTSPRESIDENT0$0
KATHRYN LOOTREASURER0$0
LINDSEY REYESVICE PRESIDE0$0
KEITH HIBBITTSSECRETARY0$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
JOE POTTSPRESIDENT0$0
KATHRYN LOOTREASURER0$0
LINDSEY REYESVICE PRESIDE0$0
KEITH HIBBITTSSECRETARY0$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
GREGORY C KLIMKOPRESIDENT0$0
SHERYL CHAMPLINTREASURER0$0
LINDSEY REYESVICE PRESIDE0$0
KEITH HIBBITTSSECRETARY0$0

Address and contacts

Address (IRS master file)
PO BOX 1267, LITTLE ELM, TX 75068-1267
In care of
% LANA BROBERG
Signed the 990-EZ
JOE POTTS, PRESIDENT
Phone
(214) 564-7651
Return prepared by
HENSLEY CPA FIRM PA

Mission

TO ENHANCE AND PRESERVE THE QUALITY OF LIFE AND SENSE OF COMMUNITY THROUGH EFFECTIVE AND EFFICIENT MANAGEMENT OF THE ASSOCIATION, ENFORCEMENT OF RULES AND COVENANTS TO PRESERVE PROPERTY VALUES, AND SUPPORT INITIATIVES AND CAPITAL IMPROVEMENTS THAT BENEFIT THE GREATER GOOD.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • ENHANCED THE COMMUNITY'S GROUNDS BY MAINTAINING AND ADDING LANDSCAPING AND MADE APPROPRIATE IMPROVEMENTS TO MAINTAIN PROPERTY VALUES.
    Expenses $64,090
  • ENHANCED THE COMMUNITY'S GROUNDS BY MAINTAINING AND ADDING LANDSCAPING AND MADE APPROPRIATE IMPROVEMENTS TO MAINTAIN PROPERTY VALUES.

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-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
75-2640477
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2008
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$187,286
Income (IRS master file)
$48,409

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$48,409$69,677$187,286IRS
990-EZDecember 2024$53,005$49,641$209,255XML
990-EZDecember 2023$52,440$43,288$250,674XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 75-2640477).

Questions about PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY

What is the EIN of PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY?
The employer identification number (EIN) of PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY is 75-2640477.
Is PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2008.
Are donations to PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY 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 PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does PROPERTY OWNERS ASSOCIATION OF SUNRISE BAY have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $48,409, expenses of $69,677 and total assets of $187,286 at year end.

Other nonprofits in LITTLE ELM

All nonprofits in LITTLE ELM · Texas · Housing and shelter