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Nonprofit · EIN 76-0292499

NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC

Tax-exempt · SUGAR LAND, TX 77479

Financials

$7.1M$6.6M2023$7.5M$7.1M2024$8.5M$7.9M2025
Revenue Expenses · by fiscal year end
Financials of NEW TERRITORY RESIDENTIAL COMMUNITY ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$8,509,724$7,905,246$604,478$16,575,127$2,050,912$14,524,215
December 31, 2024990$7,541,011$7,117,819$423,192$15,510,156$1,590,419$13,919,737
December 31, 2023990$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.

NameTitleHours / weekCompensation
CAROL SHERWOODACCOUNTING MANAGER
Highest-paid employee
40$153,692
BOB DODDDIRECTOR
Trustee or director
2$0
DEBRA ECKHART SIMPSONTREASURER
Trustee or director, Officer
12$0
JEFF MYERSONVICE PRESIDENT
Trustee or director, Officer
12$0
MICHAEL CASSIDYPRESIDENT
Trustee or director, Officer
12$0
BRADLEY TILTONDIRECTOR
Trustee or director
2$0
BOLKAR ACIKKOLDIRECTOR
Trustee or director
2$0
CHARLES BASDENSECRETARY
Trustee or director, Officer
4$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgs
MICHAEL WALKEREXECUTIVE MANAGER
Highest-paid employee
40$0$189,341
BOB DODDDIRECTOR
Trustee or director
2$0$0
DEBRA ECKHART SIMPSONTREASURER
Trustee or director, Officer
12$0$0
LOUIS MANUELVICE PRESIDENT
Trustee or director, Officer
12$0$0
MICHAEL CASSIDYPRESIDENT
Trustee or director, Officer
12$0$0
PATRICK HOODDIRECTOR
Trustee or director
2$0$0
JEFF MYERSONDIRECTOR
Trustee or director
2$0$0
CHARLES BASDENSECRETARY
Trustee or director, Officer
4$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgs
MICHAEL WALKEREXECUTIVE MANAGER
Highest-paid employee
40$0$184,412
BOB DODDDIRECTOR
Trustee or director
2$0$0
DEBRA ECKHART SIMPSONTREASURER
Trustee or director, Officer
12$0$0
LOUIS MANUELVICE PRESIDENT
Trustee or director, Officer
12$0$0
MICHAEL CASSIDYPRESIDENT
Trustee or director, Officer
12$0$0
PATRICK HOODDIRECTOR
Trustee or director
2$0$0
JEFF MYERSONDIRECTOR
Trustee or director
2$0$0
CHARLES BASDENSECRETARY
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
Return prepared by
O'NEAL & HOLMES LLP

Mission

RECREATION AND COMMON AREA MAINTENANCE, PROVIDE LAW ENFORCEMENT AND RECREATION PROGRAMS - ALL BENEFITING THE ENTIRE COMMUNITY.

990 for the year ended December 31, 2025

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$8,509,724$7,905,246$16,575,127XML
990December 2024$7,541,011$7,117,819$15,510,156XML
990December 2023$7,148,511$6,638,521$14,947,655XML
990December 2022$6,889,631$6,292,437$14,396,636IRS
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 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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