Civic Intelligence

Copper Lakes Homeowners Assn

990 • Fiscal year 2017 • EIN 76-0416536

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 29, 2018

Organization Profile
2002 W Grand Parkway NKaty, TX 77449

(281) 504-1300

Siviq Scores

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

Liabilities / Assets

75th percentile

0.29x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.41x

Higher debt load relative to revenue than 70% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

44th percentile

3.8%

Higher net margin than 44% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Asset Growth

36th percentile

-0.2%

Faster asset growth than 36% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

-0.6%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$1,672,653

Down $2,528 (-0.2%) from 2016

Net Assets

Up

$1,179,514

Up $60,156 (+5.4%) from 2016

Liabilities

Down

$493,139

Down $62,684 (-11%) from 2016

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin44th percentile

Revenue

Down

$1,193,051

Down $6,826 (-0.6%) from 2016

Expenses

Down

$1,147,717

Down $974 (-0.1%) from 2016

Net Income

Down

$45,334

Down $5,852 (-11%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$3.0M$2.0M$1.0M$0Assets 2013: $1,364,080Liabilities 2013: $561,363Net Assets 2013: $802,7172013Assets 2014: $1,560,791Liabilities 2014: $564,804Net Assets 2014: $995,9872014Assets 2015: $1,592,008Liabilities 2015: $523,836Net Assets 2015: $1,068,1722015Assets 2016: $1,675,181Liabilities 2016: $555,823Net Assets 2016: $1,119,3582016Assets 2017: $1,672,653Liabilities 2017: $493,139Net Assets 2017: $1,179,5142017Assets 2018: $1,752,534Liabilities 2018: $494,982Net Assets 2018: $1,257,5522018Assets 2019: $1,879,820Liabilities 2019: $481,581Net Assets 2019: $1,398,2392019Assets 2020: $1,925,997Liabilities 2020: $555,284Net Assets 2020: $1,370,7132020Assets 2021: $1,778,060Liabilities 2021: $507,986Net Assets 2021: $1,270,0742021Assets 2022: $1,937,637Liabilities 2022: $643,766Net Assets 2022: $1,293,8712022Assets 2023: $2,029,958Liabilities 2023: $451,746Net Assets 2023: $1,578,2122023Assets 2024: $1,960,655Liabilities 2024: $496,300Net Assets 2024: $1,464,3552024

Highlighted filing

2017

Assets$1,672,653
Liabilities$493,139
Net Assets$1,179,514
Open 2017 Filing

Operations Trend

Revenue Growth36th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $1,190,603Expenses 2013: $1,043,597Net Income 2013: $147,0062013Revenue 2014: $1,222,660Expenses 2014: $1,029,390Net Income 2014: $193,2702014Revenue 2015: $1,277,517Expenses 2015: $1,205,332Net Income 2015: $72,1852015Revenue 2016: $1,199,877Expenses 2016: $1,148,691Net Income 2016: $51,1862016Revenue 2017: $1,193,051Expenses 2017: $1,147,717Net Income 2017: $45,3342017Revenue 2018: $1,204,226Expenses 2018: $1,131,680Net Income 2018: $72,5462018Revenue 2019: $1,276,284Expenses 2019: $1,071,642Net Income 2019: $204,6422019Revenue 2020: $1,279,465Expenses 2020: $1,356,698Net Income 2020: -$77,2332020Revenue 2021: $1,280,788Expenses 2021: $1,306,915Net Income 2021: -$26,1272021Revenue 2022: $1,379,820Expenses 2022: $1,432,880Net Income 2022: -$53,0602022Revenue 2023: $1,646,698Expenses 2023: $1,376,093Net Income 2023: $270,6052023Revenue 2024: $1,675,556Expenses 2024: $1,799,912Net Income 2024: -$124,3562024

Highlighted filing

2017

Revenue$1,193,051
Expenses$1,147,717
Net Income$45,334
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 29, 2018
Return Version
2017v2.2
Gross Receipts
$1,193,051
Mission and Program Overview

Mission

The association maintains the greenbelts, lakes and fountains, trash services and utilities to the general community and to maintain property values to the adjoining communities

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,023,495$968,396▼ $55,099
Cap Stk Tr Prin Current Funds$726,308$664,564▼ $61,744
Cash and Non-Interest-Bearing Accounts$567,434$593,251▲ $25,817
Pd in Cap Srpls Land Bldg Eqp Fund$393,050$514,950▲ $121,900
Accounts Receivable$61,011$87,689▲ $26,678
Prepaid Expenses and Deferred Charges$23,241$23,317▲ $76
Total Assets$1,675,181$1,672,653▼ $2,528
Liabilities
Other Liabilities$433,951$434,275▲ $324
Accounts Payable and Accrued Expenses$121,872$58,864▼ $63,008
Total Liabilities$555,823$493,139▼ $62,684
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,119,358$1,179,514▲ $60,156
Total Liabilities and Net Assets / Fund Balance$1,675,181$1,672,653▼ $2,528
Compensation and Service Providers
Top Officer Pay58th percentile

Board Members and Trustees

NameTitle
Marc JonesPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$1,136,835
Program Service Revenue
$19,200
Investment Income
$5,253
Other Revenue
$31,763
Change in Net Assets
$45,334

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,193,051
Total Revenue per Audited Statements
$1,193,051
Total Revenue per Form 990
$1,193,051
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,147,717
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$766,765$32,067-$798,832
Fees for Services Management-$47,663-$47,663
Insurance-$27,904-$27,904
Fees for Services Legal-$19,118-$19,118
Other Expenses$2,905--$2,905
Fees for Services Accounting-$1,900-$1,900
Total Functional Expenses$1,019,065$128,652$0$1,147,717

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,147,717
Total Expenses per Audited Statements$1,147,717
Total Expenses per Form 990$1,147,717
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Assessments$434,275
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“All homeowners in the association are member owners of the association.”

Member election for additional members Part VI line 7A

“Each homeowners has one vote and can vote to elect member homeowners to the board of directors of the association.”

Governing body decisions Part VI line 7B

“The board of directors voted in by the member homeoweners presides over all decisions for the association.”

Form 990 governing body review Part VI line 11

“The board of directors had governing body review over all documents concerning the association”

Governing documents etc available to public Part VI line 19

“All documents related to the association are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Copper Lakes Homeowners Assn
EIN
76-0416536
Address
2002 W GRAND PARKWAY N, Katy, TX 77449

Signing Officer

Name
Marc Jones
Title
President
Phone
2815790761
Signed
2018-10-29
Discuss with paid preparer
No

Organization Details

Principal Officer
Marc Jones
Formed
2011
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Elaine W Combs CPA
Address
P O BOX 148, Hungerford, TX 77448
Preparer
Elaine W Combs
Phone
2819705005
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“This is the initial return for the Association and the change is the balance carried forward of equity”

List of other fees for services expenses Part IX line 11G

“A schedule of fees for service expenses is provided within the return”

General explanation attachment

“The Association did not file the correct request for extension because it did not receive a paper copy of the letter of determination that it had qualified for tax exempt status until it was too late to do so. However since prior to that time it was filing Form 1120 it did in fact file a tax extension to September 15th for that return. According to the letter of determination received, the association is required to file a Form 990. We are requesting waivers or abatement of any late filing penalties due to the late receipt of the Letter of Determination.”

Raw XML Appendix304 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/AccountsPayableAccrExpnssGrp/BOYAmt0121872
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt058864
IRS990/AccountsReceivableGrp/BOYAmt061011
IRS990/AccountsReceivableGrp/EOYAmt087689
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ASSOCIATION MAINTAINS THE GREENBELTS, LAKES AND FOUNTAINS, TRASH SERVICES AND UTILITIES TO THE GENERAL COMMUNITY AND TO MAINTAIN PROPERTY VALUES TO THE ADJOINING COMMUNITIES
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0INFRAMARK
IRS990/BooksInCareOfDetail/PhoneNum02815041300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02002 W GRAND PARKWAY N STE 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0Katy
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077449
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0726308
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0664564
IRS990/CashNonInterestBearingGrp/BOYAmt0567434
IRS990/CashNonInterestBearingGrp/EOYAmt0593251
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01136835
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05253
IRS990/CYOtherExpensesAmt01147717
IRS990/CYOtherRevenueAmt031763
IRS990/CYProgramServiceRevenueAmt019200
IRS990/CYRevenuesLessExpensesAmt045334
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01147717
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01193051
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE ASSOCIATIONS MAINTAINS THE GREENBELTS, UTILITIES, POOLS, COMMUNITY CENTER, SECURITY AND TRASH FOR THE COMMUNITY WHICH IMPROVES THE HEALTH AND SAFETY OF THE COMMUNITY AT LARGE
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01019065
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01900
IRS990/FeesForServicesAccountingGrp/TotalAmt01900
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt019118
IRS990/FeesForServicesLegalGrp/TotalAmt019118
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt047663
IRS990/FeesForServicesManagementGrp/TotalAmt047663
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt032067
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0766765
IRS990/FeesForServicesOtherGrp/TotalAmt0798832
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0MARC JONES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01193051
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt027904
IRS990/InsuranceGrp/TotalAmt027904
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt05253
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05253
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt01136835
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt03800
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt03800
IRS990/MissionDesc0THE ASSOCIATION MAINTAINS THE GREENBELTS, LAKES AND FOUNTAINS, TRASH SERVICES AND UTILITIES TO THE GENERAL COMMUNITY AND TO MAINTAIN PROPERTY VALUES TO THE ADJOINING COMMUNITIES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01119358
IRS990/NetAssetsOrFundBalancesEOYAmt01179514
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/ProgramServicesAmt0248373
IRS990/OtherExpensesGrp/ProgramServicesAmt11022
IRS990/OtherExpensesGrp/ProgramServicesAmt22905
IRS990/OtherExpensesGrp/TotalAmt0248373
IRS990/OtherExpensesGrp/TotalAmt11022
IRS990/OtherExpensesGrp/TotalAmt22905
IRS990/OtherLiabilitiesGrp/BOYAmt0433951
IRS990/OtherLiabilitiesGrp/EOYAmt0434275
IRS990/OtherRevenueMiscGrp/BusinessCd0531310
IRS990/OtherRevenueMiscGrp/BusinessCd1531310
IRS990/OtherRevenueMiscGrp/BusinessCd2531310
IRS990/OtherRevenueMiscGrp/Desc0ENTRY ACCESS INCOME
IRS990/OtherRevenueMiscGrp/Desc1LATE FEES AND OTHER
IRS990/OtherRevenueMiscGrp/Desc2LEGAL FEES RECOVERED
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0341
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt112492
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt215130
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0341
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112492
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt215130
IRS990/OtherRevenueTotalAmt031763
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0393050
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0514950
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023241
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023317
IRS990/PrincipalOfficerNm0MARC JONES
IRS990/PriorPeriodAdjustmentsAmt014822
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/Desc0NEIGHBORHOOD FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019200
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01138050
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03086
IRS990/PYOtherExpensesAmt01148691
IRS990/PYOtherRevenueAmt039541
IRS990/PYProgramServiceRevenueAmt019200
IRS990/PYRevenuesLessExpensesAmt051186
IRS990/PYTotalExpensesAmt01148691
IRS990/PYTotalRevenueAmt01199877
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt045334
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01023495
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0968396
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01147717
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0434275
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID ASSESSMENTS
IRS990ScheduleD/RevenueSubtotalAmt01193051
IRS990ScheduleD/TotalExpensesPerForm990Amt01147717
IRS990ScheduleD/TotalLiabilityAmt0434275
IRS990ScheduleD/TotalRevenuePerForm990Amt01193051
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01193051
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01147717
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL HOMEOWNERS IN THE ASSOCIATION ARE MEMBER OWNERS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH HOMEOWNERS HAS ONE VOTE AND CAN VOTE TO ELECT MEMBER HOMEOWNERS TO THE BOARD OF DIRECTORS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS VOTED IN BY THE MEMBER HOMEOWENERS PRESIDES OVER ALL DECISIONS FOR THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS HAD GOVERNING BODY REVIEW OVER ALL DOCUMENTS CONCERNING THE ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All documents related to the association are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5This is the initial return for the Association and the change is the balance carried forward of equity
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6A SCHEDULE OF FEES FOR SERVICE EXPENSES IS PROVIDED WITHIN THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Association did not file the correct request for extension because it did not receive a paper copy of the letter of determination that it had qualified for tax exempt status until it was too late to do so. However since prior to that time it was filing Form 1120 it did in fact file a tax extension to September 15th for that return. According to the letter of determination received, the association is required to file a Form 990. We are requesting waivers or abatement of any late filing penalties due to the late receipt of the Letter of Determination.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7General explanation attachment
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01675181
IRS990/TotalAssetsEOYAmt01672653
IRS990/TotalAssetsGrp/BOYAmt01675181
IRS990/TotalAssetsGrp/EOYAmt01672653
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01136835
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0128652
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01019065
IRS990/TotalFunctionalExpensesGrp/TotalAmt01147717
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0555823
IRS990/TotalLiabilitiesEOYAmt0493139
IRS990/TotalLiabilitiesGrp/BOYAmt0555823
IRS990/TotalLiabilitiesGrp/EOYAmt0493139
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01119358
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01179514
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01019065
IRS990/TotalProgramServiceRevenueAmt019200
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt056216
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01193051
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01675181
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01672653
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0MARC JONES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02815790761
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COPPER LAKES HOMEOWNERS ASSN
ReturnHeader/Filer/BusinessNameControlTxt0COPP
ReturnHeader/Filer/EIN0760416536
ReturnHeader/Filer/USAddress/AddressLine1Txt02002 W GRAND PARKWAY N
ReturnHeader/Filer/USAddress/CityNm0Katy
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077449
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DD1FD7F0DF55D3616BC06B5D8B73A3DFE03BBF9F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DD1FD7F0DF55D3616BC06B5D8B73A3DFE03BBF9F
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId07692062018313k3hp4a1
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-11-09
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.235.4.205
ReturnHeader/FilingSecurityInformation/IPDt02018-11-09
ReturnHeader/FilingSecurityInformation/IPTm012:23:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760371271
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELAINE W COMBS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 148
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hungerford
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077448
ReturnHeader/PreparerPersonGrp/PhoneNum02819705005
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELAINE W COMBS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-10-29T19:09:44-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,672,653
Liabilities
$493,139
Net assets
$1,179,514
Revenue
$1,193,051
Expenses
$1,147,717
Net income
$45,334
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.50$1.46$1.68$1.80$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.03$0.45$1.58$1.65$1.38$0.27
2022Detailed filing. Detailed filing data is available for this year.$1.94$0.64$1.29$1.38$1.43$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.78$0.51$1.27$1.28$1.31$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.93$0.56$1.37$1.28$1.36$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.88$0.48$1.40$1.28$1.07$0.20
2018Summary only. Only limited summary data is available for this year.$1.75$0.49$1.26$1.20$1.13$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.67$0.49$1.18$1.19$1.15$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.68$0.56$1.12$1.20$1.15$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.59$0.52$1.07$1.28$1.21$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.56$1.00$1.22$1.03$0.19
2013Summary only. Only limited summary data is available for this year.$1.36$0.56$0.80$1.19$1.04$0.15