Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 75-2724500

WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION

Tax-exempt · FLOWER MOUND, TX 75022

Financials

$2.4M$2.4M2023$2.5M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,507,969$2,441,429$66,540$1,159,552$498,189$661,363
December 31, 2023990$2,436,943$2,374,649$62,294$1,092,225$462,356$629,869
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,471,580
Investment income
$36,389
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 fundraising fees
$0
Legal fees
$24,586
Accounting fees
$5,275
Program services (functional)
$1,934,526
Management and general (functional)
$506,903

Balance sheet and other

Total assets, start of year
$1,092,225
Total assets, end of year
$1,159,552
Total liabilities, end of year
$498,189
Net assets, end of year
$661,363
Gross receipts
$2,507,969
Employees
0
Year formed
1995
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Steve LydaPresident
Trustee or director, Officer
3$0
Sean MaySecretary
Trustee or director, Officer
3$0
Russel SchmidtVice President
Trustee or director, Officer
3$0
Sal SorianoTreasurer
Trustee or director, Officer
3$0
Mo ViraniDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Steve LydaPresident
Trustee or director, Officer
3$0
Sean MaySecretary
Trustee or director, Officer
3$0
Russel SchmidtVice President
Trustee or director, Officer
3$0
Sal SorianoTreasurer
Trustee or director, Officer
3$0
Mo ViraniDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
3520 FURLONG DR E, FLOWER MOUND, TX 75022-4768
Principal officer (990 for 2024)
Steve Lyda, 3520 Furlong Drive East, Flower Mound, TX 75022
Signed the 990
Steve Lyda, President
Phone
(972) 874-8483
Return prepared by
Canady & Canady LLC

Mission

To provide management, maintenance, preservation and architectural control of the Association's common areas.

990 for the year ended December 31, 2024

Program accomplishments

  • Maintenance and Improvement of Common Property
    Expenses $1,934,526

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
75-2724500
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,159,552
Income (IRS master file)
$2,507,969

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,507,969$2,441,429$1,159,552XML
990December 2023$2,436,943$2,374,649$1,092,225XML
990December 2022$2,071,688$2,121,945$976,156IRS
990December 2021–––IRS
990December 2020–––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 75-2724500).

Questions about WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION

What is the EIN of WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION?
The employer identification number (EIN) of WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION is 75-2724500.
Is WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2015.
Are donations to WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION 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 WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION 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 WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION 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 WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION?
The 990 for the year ended December 31, 2024 names Steve Lyda.
Who are the officers and directors of WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does WELLINGTON OF FLOWER MOUND RESIDENTIAL ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,507,969, expenses of $2,441,429 and total assets of $1,159,552 at year end.

Other nonprofits in FLOWER MOUND

All nonprofits in FLOWER MOUND · Texas · Housing and shelter