Civic Intelligence

Lakes Master Association Inc

990 • Fiscal year 2016 • EIN 74-2350796

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 17, 2017

Organization ProfileWWW.THELAKESCCTX.COM
7502 VeniceCorpus Christi, TX 78413

(361) 850-7290

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Net Margin

33rd percentile

-3.9%

Higher net margin than 33% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Asset Growth

35th percentile

-4.1%

Faster asset growth than 35% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

6.9%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$170,317

Down $7,364 (-4.1%) from 2015

Net Assets

Down

$170,317

Down $7,364 (-4.1%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin33rd percentile

Revenue

Up

$187,179

Up $12,118 (+6.9%) from 2015

Expenses

Down

$194,543

Down $20,492 (-9.5%) from 2015

Net Income

Up

-$7,364

Up $32,610 (+82%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $126,073Liabilities 2010: $9,3642010Assets 2011: $114,804Liabilities 2011: $2,403Net Assets 2011: $112,4012011Assets 2012: $160,791Liabilities 2012: $30,057Net Assets 2012: $130,7342012Assets 2013: $177,734Liabilities 2013: $10,523Net Assets 2013: $167,2112013Assets 2014: $226,773Liabilities 2014: $23,597Net Assets 2014: $203,1762014Assets 2015: $177,681Liabilities 2015: $0Net Assets 2015: $177,6812015Assets 2016: $170,317Liabilities 2016: $0Net Assets 2016: $170,3172016Assets 2017: $211,297Liabilities 2017: $0Net Assets 2017: $211,2972017Assets 2018: $212,406Liabilities 2018: $932Net Assets 2018: $211,4742018Assets 2019: $223,490Liabilities 2019: $0Net Assets 2019: $223,4902019Assets 2020: $176,564Liabilities 2020: $0Net Assets 2020: $176,5642020Assets 2021: $159,277Liabilities 2021: $71Net Assets 2021: $159,2062021Assets 2022: $154,332Liabilities 2022: $188Net Assets 2022: $154,1442022Assets 2023: $112,207Liabilities 2023: $403Net Assets 2023: $111,8042023Assets 2024: $125,880Liabilities 2024: $0Net Assets 2024: $125,8802024

Highlighted filing

2016

Assets$170,317
Liabilities$0
Net Assets$170,317
Open 2016 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $151,664Expenses 2010: $175,380Net Income 2010: -$23,7162010Revenue 2011: $172,521Expenses 2011: $181,982Net Income 2011: -$9,4612011Revenue 2012: $211,695Expenses 2012: $187,853Net Income 2012: $23,8422012Revenue 2013: $210,392Expenses 2013: $173,816Net Income 2013: $36,5762013Revenue 2014: $223,687Expenses 2014: $187,488Net Income 2014: $36,1992014Revenue 2015: $175,061Expenses 2015: $215,035Net Income 2015: -$39,9742015Revenue 2016: $187,179Expenses 2016: $194,543Net Income 2016: -$7,3642016Revenue 2017: $234,780Expenses 2017: $204,616Net Income 2017: $30,1642017Revenue 2018: $207,841Expenses 2018: $221,060Net Income 2018: -$13,2192018Revenue 2019: $217,956Expenses 2019: $208,499Net Income 2019: $9,4572019Revenue 2020: $180,287Expenses 2020: $202,415Net Income 2020: -$22,1282020Revenue 2021: $212,517Expenses 2021: $229,875Net Income 2021: -$17,3582021Revenue 2022: $211,013Expenses 2022: $216,075Net Income 2022: -$5,0622022Revenue 2023: $190,187Expenses 2023: $232,527Net Income 2023: -$42,3402023Revenue 2024: $205,383Expenses 2024: $191,307Net Income 2024: $14,0762024

Highlighted filing

2016

Revenue$187,179
Expenses$194,543
Net Income-$7,364
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 17, 2017
Return Version
2016v3.0
Gross Receipts
$187,179
Mission and Program Overview

Mission

Homeowners association serving 452 homeowners and the local community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$118,060$102,623▼ $15,437
Cash and Non-Interest-Bearing Accounts$22,818$35,336▲ $12,518
Savings and Temporary Cash Investments$20,025$20,025→ $0
Accounts Receivable$873$1,164▲ $291
Other Notes and Loans Receivable, Net$2,106$127▼ $1,979
Total Assets$177,681$170,317▼ $7,364
Other Assets Total$13,799$11,042▼ $2,757
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$177,681$170,317▼ $7,364
Total Net Assets Fund Balance$177,681$170,317▼ $7,364
Total Liabilities and Net Assets / Fund Balance$177,681$170,317▼ $7,364

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$22,777$468,771$491,548
Other Land Buildings$64,467$71,240$135,707
Land$15,379-$15,379
Other Assets Org$11,042--
Compensation and Service Providers
Top Officer Pay85th percentile

Board Members and Trustees

NameTitle
Arnold GonzalezPresident
Amando CanalesDirector
Rick MendezDirector
Virgil GomezDirector
Scott LiskVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$185,101
Investment Income
$2,078
Other Revenue
$0
Change in Net Assets
$-7,364
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,962
Salaries, Compensation, and Employee Benefits$57,581
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$91,381$6,215-$97,596
Other Salaries and Wages$26,185$26,832-$53,017
Depreciation Depletion$18,040--$18,040
Fees for Services Legal-$11,667-$11,667
Fees for Services Accounting-$9,659-$9,659
Payroll Taxes$2,278$2,286-$4,564
Total Functional Expenses$137,884$56,659$0$194,543
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 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

“Form 990 is reviewed at a called board meeting prior to filing the return.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Lakes Master Association Inc
EIN
74-2350796
Phone
3618507290
Address
7502 VENICE, CORPUS CHRISTI, TX 78413

Signing Officer

Name
Arnold Gonzalez
Title
President
Phone
3618507290
Signed
2017-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arnold Gonzalez
Voting Board Members
5
Independent Board Members
5
Employees
15

Preparer

Firm
James J Wesson Jr CPA
Address
210 S CARANCAHUA ST STE 604, CORPUS CHRISTI, TX 78401-3034
Preparer
James J Wesson Jr
Phone
3612252757
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“The lakes master association, inc. Is responsible for the maintenance and managment of the common and recreational areas of the lakes subdivision. The subdivision serves 452 homeowners of the subdivision and the local community”

Form 990, Part IX, Line 11G

“Grounds maintenance, utilitie 50,080 0 0 club house expense 21,529 0 0 pool operating expense 8,981 0 0 board of director expense 0 1,220 0 general & administrative expe 0 3,044 0 office expense 0 1,951 0 other opeating expenses 10,791 0 0 total 91,381 6,215 0”

Form 990, Part XI, Line 9

“Prior period depreciation adjustment 0 prior period depreciation adjustment 0”

Raw XML Appendix288 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt0873
IRS990/AccountsReceivableGrp/EOYAmt01164
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0HOMEOWNERS ASSOCIATION SERVING 452 HOMEOWNERS AND THE LOCAL COMMUNITY
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LAKES MASTER ASSOCIATION
IRS990/BooksInCareOfDetail/PhoneNum03618507290
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07502 VENICE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CORPUS CHRISTI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078413
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt022818
IRS990/CashNonInterestBearingGrp/EOYAmt035336
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02078
IRS990/CYOtherExpensesAmt0136962
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0185101
IRS990/CYRevenuesLessExpensesAmt0-7364
IRS990/CYSalariesCompEmpBnftPaidAmt057581
IRS990/CYTotalExpensesAmt0194543
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0187179
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt018040
IRS990/DepreciationDepletionGrp/TotalAmt018040
IRS990/Desc0THE LAKES MASTER ASSOCIATION, INC. IS RESPONSIBLE FOR THE MAINTENANCE AND MANAGMENT OF THE COMMON AND RECREATIONAL AREAS OF THE LAKES SUBDIVISION. THE SUBDIVISION SERVES 452 HOMEOWNERS OF THE SUBDIVISION AND THE LOCAL COMMUNITY.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt015
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0119844
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09659
IRS990/FeesForServicesAccountingGrp/TotalAmt09659
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt011667
IRS990/FeesForServicesLegalGrp/TotalAmt011667
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06215
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt091381
IRS990/FeesForServicesOtherGrp/TotalAmt097596
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0SCOTT LISK
IRS990/Form990PartVIISectionAGrp/PersonNm1ARNOLD GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2AMANDO CANALES
IRS990/Form990PartVIISectionAGrp/PersonNm3RICK MENDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm4VIRGIL GOMEZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0187179
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02078
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02078
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0540011
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0118060
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0102623
IRS990/LandBldgEquipCostOrOtherBssAmt0642634
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0HOMEOWNERS ASSOCIATION SERVING 452 HOMEOWNERS AND THE LOCAL COMMUNITY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0177681
IRS990/NetAssetsOrFundBalancesEOYAmt0170317
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013799
IRS990/OtherAssetsTotalGrp/EOYAmt011042
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026832
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026185
IRS990/OtherSalariesAndWagesGrp/TotalAmt053017
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02106
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0127
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02286
IRS990/PayrollTaxesGrp/ProgramServicesAmt02278
IRS990/PayrollTaxesGrp/TotalAmt04564
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ARNOLD GONZALEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME FROM MEMBERS
IRS990/ProgramServiceRevenueGrp/Desc2SPECIAL ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0169213
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114077
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0169213
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114077
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21811
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE LAKES MASTER ASSOCIATION, INC. IS RESPONSIBLE FOR THE MAINTENANCE AND MANAGMENT OF THE COMMON AND RECREATIONAL AREAS OF THE LAKES SUBDIVISION. THE SUBDIVISION SERVES 452 HOMEOWNERS OF THE SUBDIVISION AND THE LOCAL COMMUNITY
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt018040
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02881
IRS990/PYOtherExpensesAmt0154707
IRS990/PYProgramServiceRevenueAmt0172180
IRS990/PYRevenuesLessExpensesAmt0-39974
IRS990/PYSalariesCompEmpBnftPaidAmt060328
IRS990/PYTotalExpensesAmt0215035
IRS990/PYTotalRevenueAmt0175061
IRS990/ReconcilationRevenueExpnssAmt0-7364
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0185101
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020025
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020025
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt022777
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0468771
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0491548
IRS990ScheduleD/LandGrp/BookValueAmt015379
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015379
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011042
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt064467
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt071240
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0135707
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0102623
IRS990ScheduleD/TotalBookValueOtherAssetsAmt011042
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LAKES MASTER ASSOCIATION, INC. IS RESPONSIBLE FOR THE MAINTENANCE AND MANAGMENT OF THE COMMON AND RECREATIONAL AREAS OF THE LAKES SUBDIVISION. THE SUBDIVISION SERVES 452 HOMEOWNERS OF THE SUBDIVISION AND THE LOCAL COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AT A CALLED BOARD MEETING PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GROUNDS MAINTENANCE, UTILITIE 50,080 0 0 CLUB HOUSE EXPENSE 21,529 0 0 POOL OPERATING EXPENSE 8,981 0 0 BOARD OF DIRECTOR EXPENSE 0 1,220 0 GENERAL & ADMINISTRATIVE EXPE 0 3,044 0 OFFICE EXPENSE 0 1,951 0 OTHER OPEATING EXPENSES 10,791 0 0 TOTAL 91,381 6,215 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR PERIOD DEPRECIATION ADJUSTMENT 0 PRIOR PERIOD DEPRECIATION ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0177681
IRS990/TotalAssetsEOYAmt0170317
IRS990/TotalAssetsGrp/BOYAmt0177681
IRS990/TotalAssetsGrp/EOYAmt0170317
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056659
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0137884
IRS990/TotalFunctionalExpensesGrp/TotalAmt0194543
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0177681
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0170317
IRS990/TotalOtherProgSrvcExpenseAmt018040
IRS990/TotalProgramServiceExpensesAmt0137884
IRS990/TotalProgramServiceRevenueAmt0185101
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0187179
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0187179
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0177681
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0170317
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0177681
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0170317
IRS990/USAddress/AddressLine1Txt07502 VENICE
IRS990/USAddress/AddressLine2Txt07502 VENICE
IRS990/USAddress/CityNm0CORPUS CHRISTI
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078413
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.THELAKESCCTX.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ARNOLD GONZALEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03618507290
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKES MASTER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0742350796
ReturnHeader/Filer/PhoneNum03618507290
ReturnHeader/Filer/USAddress/AddressLine1Txt07502 VENICE
ReturnHeader/Filer/USAddress/CityNm0CORPUS CHRISTI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078413
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05EE2EAEFF85F033EC4920536972F721C9FD01FE0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05EE2EAEFF85F033EC4920536972F721C9FD01FE0
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES J WESSON JR CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 S CARANCAHUA ST STE 604
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORPUS CHRISTI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0784013034
ReturnHeader/PreparerPersonGrp/PhoneNum03612252757
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES J WESSON JR
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-11-17T17:48:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$170,317
Liabilities
$0
Net assets
$170,317
Revenue
$187,179
Expenses
$194,543
Net income
-$7,364
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.00$1.26$2.05$1.91$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$1.90$2.33$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$2.11$2.16$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$2.13$2.30$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$1.80$2.02$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$2.18$2.08$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.12$0.01$2.11$2.08$2.21$0.13
2017Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$2.35$2.05$0.30
2016Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$1.87$1.95$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$1.75$2.15$0.40
2014Detailed filing. Detailed filing data is available for this year.$2.27$0.24$2.03$2.24$1.87$0.36
2013Detailed filing. Detailed filing data is available for this year.$1.78$0.11$1.67$2.10$1.74$0.37
2012Summary only. Only limited summary data is available for this year.$1.61$0.30$1.31$2.12$1.88$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.02$1.12$1.73$1.82$0.09
2010Summary only. Only limited summary data is available for this year.$1.26$0.09$1.52$1.75$0.24