Civic Intelligence

Windrow Estates Home Owners

EIN 56-1078831 • 501(c)7 • Matthews, NC

Profile

HOMEOWNERS ASSOCIATION

1201 Stallings RoadMatthews, NC 28104
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

78th percentile

0.10x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2025

Net Margin

34th percentile

-3.1%

Higher net margin than 34% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2025

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2025

Asset Growth

65th percentile

6.8%

Faster asset growth than 65% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

84th percentile

29%

Faster revenue growth than 84% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$244,683

Up $15,576 (+6.8%) from 2024

Liabilities

Up

$22,786

Up $3,061 (+16%) from 2024

Net Assets

Up

$221,897

Up $12,515 (+6.0%) from 2024

Revenue

Up

$239,827

Up $53,941 (+29%) from 2024

Expenses

Up

$247,214

Up $95,267 (+63%) from 2024

Net Income

Down

-$7,387

Down $41,326 (-122%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2010: $359,312Liabilities 2010: $914Net Assets 2010: $358,3982010Assets 2011: $373,450Liabilities 2011: $840Net Assets 2011: $372,6102011Assets 2012: $380,130Liabilities 2012: $1,179Net Assets 2012: $378,9512012Assets 2013: $384,757Liabilities 2013: $1,238Net Assets 2013: $383,5192013Assets 2014: $383,769Liabilities 2014: $5892014Assets 2015: $399,263Liabilities 2015: $02015Assets 2016: $395,471Liabilities 2016: $02016Assets 2017: $345,474Net Assets 2017: $345,4742017Assets 2018: $57,687Liabilities 2018: $4,465Net Assets 2018: $53,2222018Assets 2020: $120,869Liabilities 2020: $11,7402020Assets 2021: $156,978Liabilities 2021: $16,111Net Assets 2021: $140,8672021Assets 2022: $159,233Liabilities 2022: $24,806Net Assets 2022: $134,4272022Assets 2023: $195,070Liabilities 2023: $24,202Net Assets 2023: $170,8682023Assets 2024: $229,107Liabilities 2024: $19,725Net Assets 2024: $209,3822024Assets 2025: $244,683Liabilities 2025: $22,786Net Assets 2025: $221,8972025

Highlighted filing

2025

Assets$244,683
Liabilities$22,786
Net Assets$221,897

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $141,224Expenses 2010: $145,000Net Income 2010: -$3,7762010Revenue 2011: $142,416Expenses 2011: $128,204Net Income 2011: $14,2122011Revenue 2012: $141,975Expenses 2012: $135,634Net Income 2012: $6,3412012Revenue 2013: $134,872Expenses 2013: $130,304Net Income 2013: $4,5682013Revenue 2014: $143,132Expenses 2014: $143,471Net Income 2014: -$3392014Revenue 2015: $157,820Expenses 2015: $141,737Net Income 2015: $16,0832015Revenue 2016: $143,994Expenses 2016: $151,619Net Income 2016: -$7,6252016Revenue 2017: $145,560Expenses 2017: $195,557Net Income 2017: -$49,9972017Revenue 2018: $150,349Expenses 2018: $147,081Net Income 2018: $3,2682018Revenue 2020: $159,359Expenses 2020: $150,695Net Income 2020: $8,6642020Revenue 2021: $166,712Expenses 2021: $149,576Net Income 2021: $17,1362021Revenue 2022: $185,062Expenses 2022: $202,338Net Income 2022: -$17,2762022Revenue 2023: $188,173Expenses 2023: $169,422Net Income 2023: $18,7512023Revenue 2024: $185,886Expenses 2024: $151,947Net Income 2024: $33,9392024Revenue 2025: $239,827Expenses 2025: $247,214Net Income 2025: -$7,3872025

Highlighted filing

2025

Revenue$239,827
Expenses$247,214
Net Income-$7,387

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.45$0.23$2.22$2.40$2.47$0.07
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.20$2.09$1.86$1.52$0.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.24$1.71$1.88$1.69$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.25$1.34$1.85$2.02$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.16$1.41$1.67$1.50$0.17
2020Summary only. Only limited summary data is available for this year.$1.21$0.12$1.59$1.51$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.04$0.53$1.50$1.47$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$3.45$1.46$1.96$0.50
2016Summary only. Only limited summary data is available for this year.$3.95$0.00$1.44$1.52$0.08
2015Summary only. Only limited summary data is available for this year.$3.99$0.00$1.58$1.42$0.16
2014Summary only. Only limited summary data is available for this year.$3.84$0.01$1.43$1.43$0.00
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.85$0.01$3.84$1.35$1.30$0.05
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.80$0.01$3.79$1.42$1.36$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.01$3.73$1.42$1.28$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.01$3.58$1.41$1.45$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 5, 2026
Return Version
2025v4.0
Gross Receipts
$239,827
Mission and Program Overview

Mission

HOMEOWNERS ASSOCIATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$229,107$244,683▲ $15,576
Total Assets$229,107$244,683▲ $15,576
Liabilities
Accounts Payable and Accrued Expenses$19,725$22,786▲ $3,061
Total Liabilities$19,725$22,786▲ $3,061
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$209,382$221,897▲ $12,515
Total Net Assets Fund Balance$209,382$221,897▲ $12,515
Total Liabilities and Net Assets / Fund Balance$229,107$244,683▲ $15,576
Compensation and Service Providers

Board Members and Trustees

NameTitle
David GaertnerPresident
Anne DirrBoard Member
Clay GilliamBoard Member
Jerry ShankoBoard Member
Joe AndersonBoard Member
John PercivalBoard Member
Tom CapelliBoard Member
Zach JohnstonBoard Member
Marge Averill1st VP/treas
Laura Mullis2nd VP
Elizabeth Caudle3rd VP
Amy WhiteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$234,409
Investment Income
$2,418
Other Revenue
$3,000
Change in Net Assets
$-7,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,397
Salaries, Compensation, and Employee Benefits$34,817
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$34,817--$34,817
Occupancy$10,393--$10,393
Fees for Services Management$8,955--$8,955
Insurance$8,891--$8,891
Office Expenses$5,704$1,712-$7,416
Fees for Services Accounting$1,311$600-$1,911
Other Expenses$1,636--$1,636
Information Technology$420--$420
Fees for Services Legal$225--$225
Total Functional Expenses$244,902$2,312$0$247,214
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed and approved by a board member prior to filing.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Windrow Estates Home Owners
EIN
56-1078831
Phone
7045351122
Address
1201 STALLINGS ROAD, MATTHEWS, NC 28104

Signing Officer

Name
David Gaertner
Title
President
Phone
7045351122
Signed
2026-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Gaertner
Formed
1973
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
1

Preparer

Firm
DAVIES GOLDSTEIN & ASSOCIATES CPA'S
Address
PO BOX 156, MATTHEWS, NC 28106
Preparer
Jeffrey I Goldstein
Phone
7046840555
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Reserve fund transfers 19,902

Raw XML Appendix320 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED AND APPROVED BY A BOARD MEMBER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RESERVE FUND TRANSFERS 19,902
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID GAERTNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07045351122
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WINDROW ESTATES HOME OWNERS
ReturnHeader/Filer/BusinessNameControlTxt0WIND
ReturnHeader/Filer/EIN0561078831
ReturnHeader/Filer/PhoneNum07045351122
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262669494
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIES GOLDSTEIN & ASSOCIATES CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 156
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MATTHEWS
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ReturnHeader/PreparerPersonGrp/PhoneNum07046840555
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY I GOLDSTEIN
ReturnHeader/ReturnTs02026-02-26T13:14:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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