Twin Lakes Home Builders Association in Mountain Home, Arkansas (AR)

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Twin Lakes Home Builders Association
Employer Identification Number (EIN)710627980
Name of OrganizationTwin Lakes Home Builders Association
Address1520 Highway 62 E, Mountain Home, AR 72653-2713
ActivitiesProfessional association
SubsectionBusiness League
Ruling Date03/1989
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$40,597
Amount of Income$68,091
Form 990 Revenue Amount$41,774

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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$50,641$43,796$41,774
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$32,550$30,055$26,145
Investment income$140$81$62
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$17,546$12,801$12,472
Gross income from gaming$0$0$0
Gross income from fundraising events$43,226$40,942$38,789
Less: direct expenses from gaming and fundraising events$25,680$28,141$26,317
Gross profit/loss from sales of inventory$0$0$0
Other revenue$405$859$3,095
Total expenses$45,601$44,919$43,067
Total net assets$43,013$41,890$40,597
Excess/Deficit for the year$5,040$-1,123$-1,293
Net assets or fund balances at beginning of year$37,973$43,013$41,890
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$41,890$40,597
Balance Sheets
Total assets$43,013$41,890$40,597
Total liabilities$0$0$0
Net assets or fund balances$43,013$41,890$40,597
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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