Nonprofit · EIN 86-1104893
GRAND MISSION HOMEOWNERS ASSOCIATION INC
Tax-exempt · KATY, TX 77449
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,659,715 | $4,292,588 | $367,127 | $2,355,500 | $1,427,960 | $927,540 |
| December 31, 2023 | 990 | $4,193,164 | $4,157,070 | $36,094 | $1,737,735 | $1,253,514 | $484,221 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,553,980
- Membership dues
- $3,553,980
- Program service revenue
- $0
- Investment income
- $4,054
- Other revenue
- $1,101,681
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $218,878
- Accounting fees
- $2,200
- Program services (functional)
- $3,608,129
- Management and general (functional)
- $684,459
Balance sheet and other
- Total assets, start of year
- $1,737,735
- Total assets, end of year
- $2,355,500
- Total liabilities, end of year
- $1,427,960
- Net assets, end of year
- $927,540
- Gross receipts
- $4,659,715
- Employees
- 0
- Year formed
- 2004
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEITH FASELER | DIRECTOR Officer | 2 | $0 |
| TREY THOMPSON | DIRECTOR Officer | 2 | $0 |
| MATT CARTER | DIRECTOR Officer | 2 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TREY THOMPSON | DIRECTOR Officer | 2 | $0 |
| KEITH FASELER | DIRECTOR Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2002 WEST GRAND PARKWAY NORTH STE 1, KATY, TX 77449-1963
- In care of
- % KEITH FASELER
- Principal officer (990 for 2024)
- KEITH FASELER, 2002 WEST GRAND PARKWAY NORTH Ste 1, Katy, TX 77449
- Signed the 990
- KEITH FASELER, DIRECTOR
- Phone
- (281) 504-1300
- Return prepared by
- ELAINE W COMBS CPA
Mission
TO PROMOTE THE HEALTH, SAFETY AND WELFARE OF THE COMMUNITY AT LARGE
Program accomplishments
- THE ASSOCIATIONS PURPOSE IS THE PRESERVATION AND MAINTENANCE OF THE COMMUNITY AT LARGEExpenses $3,608,129
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 | Not 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
- 86-1104893
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L50)
- Assets (IRS master file)
- $2,355,500
- Income (IRS master file)
- $4,659,715
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,659,715 | $4,292,588 | $2,355,500 | XML |
| 990 | December 2023 | $4,193,164 | $4,157,070 | $1,737,735 | XML |
| 990 | December 2022 | $3,858,899 | $3,863,636 | $1,536,784 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 86-1104893).
Questions about GRAND MISSION HOMEOWNERS ASSOCIATION INC
- What is the EIN of GRAND MISSION HOMEOWNERS ASSOCIATION INC?
- The employer identification number (EIN) of GRAND MISSION HOMEOWNERS ASSOCIATION INC is 86-1104893.
- Is GRAND MISSION HOMEOWNERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2017.
- Are donations to GRAND MISSION HOMEOWNERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GRAND MISSION HOMEOWNERS 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 GRAND MISSION HOMEOWNERS ASSOCIATION INC 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 GRAND MISSION HOMEOWNERS ASSOCIATION INC 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 GRAND MISSION HOMEOWNERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names KEITH FASELER.
- Who are the officers and directors of GRAND MISSION HOMEOWNERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does GRAND MISSION HOMEOWNERS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,659,715, expenses of $4,292,588 and total assets of $2,355,500 at year end.
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