Nonprofit · EIN 76-0292499
NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC
Tax-exempt · SUGAR LAND, TX 77479
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $8,509,724 | $7,905,246 | $604,478 | $16,575,127 | $2,050,912 | $14,524,215 |
| December 31, 2024 | 990 | $7,541,011 | $7,117,819 | $423,192 | $15,510,156 | $1,590,419 | $13,919,737 |
| December 31, 2023 | 990 | $7,148,511 | $6,638,521 | $509,990 | $14,947,655 | $1,447,172 | $13,500,483 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,149,067
- Investment income
- $290,194
- Other revenue
- $1,070,463
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $178,581
- Accounting fees
- $13,835
- Program services (functional)
- $6,895,177
- Management and general (functional)
- $1,010,069
Balance sheet and other
- Total assets, start of year
- $15,510,156
- Total assets, end of year
- $16,575,127
- Total liabilities, end of year
- $2,050,912
- Net assets, end of year
- $14,524,215
- Gross receipts
- $8,509,724
- Employees
- 0
- Volunteers
- 81
- Year formed
- 1989
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL SHERWOOD | ACCOUNTING MANAGER Highest-paid employee | 40 | $153,692 |
| BOB DODD | DIRECTOR Trustee or director | 2 | $0 |
| DEBRA ECKHART SIMPSON | TREASURER Trustee or director, Officer | 12 | $0 |
| JEFF MYERSON | VICE PRESIDENT Trustee or director, Officer | 12 | $0 |
| MICHAEL CASSIDY | PRESIDENT Trustee or director, Officer | 12 | $0 |
| BRADLEY TILTON | DIRECTOR Trustee or director | 2 | $0 |
| BOLKAR ACIKKOL | DIRECTOR Trustee or director | 2 | $0 |
| CHARLES BASDEN | SECRETARY Trustee or director, Officer | 4 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MICHAEL WALKER | EXECUTIVE MANAGER Highest-paid employee | 40 | $0 | $189,341 |
| BOB DODD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DEBRA ECKHART SIMPSON | TREASURER Trustee or director, Officer | 12 | $0 | $0 |
| LOUIS MANUEL | VICE PRESIDENT Trustee or director, Officer | 12 | $0 | $0 |
| MICHAEL CASSIDY | PRESIDENT Trustee or director, Officer | 12 | $0 | $0 |
| PATRICK HOOD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEFF MYERSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHARLES BASDEN | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MICHAEL WALKER | EXECUTIVE MANAGER Highest-paid employee | 40 | $0 | $184,412 |
| BOB DODD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DEBRA ECKHART SIMPSON | TREASURER Trustee or director, Officer | 12 | $0 | $0 |
| LOUIS MANUEL | VICE PRESIDENT Trustee or director, Officer | 12 | $0 | $0 |
| MICHAEL CASSIDY | PRESIDENT Trustee or director, Officer | 12 | $0 | $0 |
| PATRICK HOOD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEFF MYERSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHARLES BASDEN | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6101 HOMEWARD WAY, SUGAR LAND, TX 77479-5042
- Principal officer (990 for 2025)
- DEBRA ECKHART, 6101 HOMEWARD WAY, SUGAR LAND, TX 77479
- Signed the 990
- DEBRA ECKHART, TREASURER
- Phone
- (281) 565-0616
- Website
- WWW.NEWTERRITORY.ORG
- Return prepared by
- O'NEAL & HOLMES LLP
Mission
RECREATION AND COMMON AREA MAINTENANCE, PROVIDE LAW ENFORCEMENT AND RECREATION PROGRAMS - ALL BENEFITING THE ENTIRE COMMUNITY.
Program accomplishments
- COMMON AREA MAINTENANCE; UTILITIES; ENTRANCE, ROADSIDE, & ESPLANADE MAINTENANCE; COMMUNITY RECREATION AREA, SPORTS COMPLEX, TENNIS CENTER, & SWIM POOL OPERATIONS; LAW ENFORCEMENT; ESPLANADE LAKE AND ROADSIDE MAINTENANCE; COMMUNITY ACTIVITIES (SPECIAL EVENTS) --- BENEFITS THE ENTIRE COMMUNITY.Expenses $6,895,177
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 76-0292499
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $16,575,127
- Income (IRS master file)
- $8,509,724
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $8,509,724 | $7,905,246 | $16,575,127 | XML |
| 990 | December 2024 | $7,541,011 | $7,117,819 | $15,510,156 | XML |
| 990 | December 2023 | $7,148,511 | $6,638,521 | $14,947,655 | XML |
| 990 | December 2022 | $6,889,631 | $6,292,437 | $14,396,636 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 76-0292499).
Questions about NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC
- What is the EIN of NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC?
- The employer identification number (EIN) of NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC is 76-0292499.
- Is NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1996.
- Are donations to NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW TERRITORY RESIDENTIAL COMMUNITY 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 NEW TERRITORY RESIDENTIAL COMMUNITY 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 NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names DEBRA ECKHART.
- Who are the officers and directors of NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $153,692 (CAROL SHERWOOD, ACCOUNTING MANAGER).
- How much revenue does NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $8,509,724, expenses of $7,905,246 and total assets of $16,575,127 at year end.
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