Balsam Lake Homeowers Assn
Revenue
$55k
year to 31 December 2025
Expenses
$69k
year to 31 December 2025
Total assets
$94k
$0 liabilities
Net assets
$94k
assets less liabilities
Directors and trustees
14
3.3 years on average
Left since last filing
3
21% of the board
Activity
S22
Community improvement and capacity building
Filings on record
4
latest 2025
Balsam Lake Homeowers Assn's network
14 people4 organisationsi14 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (14). Violet dotted lines (4) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
14 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Al Kowalchyk | Board Member | 2022 | 4 yrs |
| Brian Wertish | Board Member | 2022 | 4 yrs |
| Dave Turbenson | Board Member | 2022 | 4 yrs |
| Gene Machacek | Board Member | 2025 | 1 yr |
| Jena Paquette | Board Member | 2025 | 1 yr |
| Joann Ferber | Board Member | 2022 | 4 yrs |
| Joann Pastorius | Board Member | 2025 | 1 yr |
| John Folkestad | Board Member | 2022 | 4 yrs |
| John Verplank | Treasurer | 2022 | 4 yrs |
| Jolene Patterson | Board Member | 2025 | 1 yr |
| Rostvold McClain | Board Member | 2025 | 1 yr |
| Steve Dubois | Board Member | 2022 | 4 yrs |
| Tiffany Morton | President | 2023 | 3 yrs |
| Tom Larson | Board Member | 2022 | 4 yrs |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| John Verplank | Treasurer | 10 | $0 | ||
| Steve Dubois | Board Member | 3 | $0 | ||
| Joann Ferber | Board Member | 3 | $0 | ||
| John Folkestad | Board Member | 3 | $0 | ||
| Al Kowalchyk | Board Member | 3 | $0 | ||
| Tom Larson | Board Member | 3 | $0 | ||
| Dave Turbenson | Board Member | 3 | $0 | ||
| Brian Wertish | Board Member | 3 | $0 | ||
| Tiffany Morton | President | 10 | $0 | ||
| Gene Machacek | Board Member | 3 | $0 | ||
| Jena Paquette | Board Member | 3 | $0 | ||
| Rostvold McClain | Board Member | 3 | $0 | ||
| Jolene Patterson | Board Member | 3 | $0 | ||
| Joann Pastorius | Board Member | 3 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Balsam Lake Homeowers Assn
- EIN
- 391495801
- Address
- Po Box 8, Balsam Lake, WI, 54810-0008
- State
- Wisconsin
- Activity (NTEE)
- S22 Community improvement and capacity building
- IRS classification
- 501(c)04 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 3 (IRS master file code)
- IRS ruling date
- 1 June 2023
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 4, latest 2025
Most connected
Longest observed on the filings
≥4years on the filingsAl Kowalchyk
≥4years on the filingsBrian Wertish
≥4years on the filingsDave Turbenson
≥4years on the filingsJoann Ferber
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $94k
- Total liabilities
- $0
- Net assets or fund balances
- $94k
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $64k | $54k | $10k |
As filed on the IRS Form 990. US dollars.