Morgan Trace Homeowners Association

DBA: N/A

EIN: 56-2073855

IRS ActiveValdese, NC

Due Diligence Summary

EIN 56-2073855 · Snapshot of IRS recognition, filing currency, financial health, and governance.

IRS Status

Active

Recognised tax-exempt

Pub 78

Not in BMF

Not in current IRS BMF snapshot.

Latest Filing

Form 990EZ · FY2025

Period end Dec 31, 2025

Revenue (latest FY)

$109K

Expenses $89K

Operating Reserves

20 months

Strong reserves position.

Governance Flags

No flags detected

Common Form 990 governance flags are clear.

Sector

Uncategorized

This organization recently began filing Form 990 and isn't in the IRS monthly Exempt Organizations file yet. It should appear in an upcoming BMF release. Verify Now may return Not Found until then.

AI Organization Overview

Mission Statement

Collect monthly dues from Homeowners & pay montly utilities insurance landscaping maintenance and other fees

Organization Details

Tax Period: FY2025

Contact

PO Box 1236
Valdese, NC 28690

www.mthoa.com

Principal Officer

Douglas

Financial Snapshot

Total Revenue

$109K

FY2025

Total Expenses

$89K

FY2025

Net Assets

$149K

Program Ratio

0.3%

expenses on programs

Employees

—

Volunteers

—

Location

Governance

Conflict of Interest Policy

Whistleblower Policy

Document Retention Policy

Financial Statements Audited

Board Members

—

Voting

—

Independent

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