Fairmont Park East Home Owners Association
Revenue
$303k
year to 31 December 2025
Expenses
$376k
year to 31 December 2025
Total assets
$291k
$21k liabilities
Net assets
$270k
assets less liabilities
Directors and trustees
5
7.0 years on average
Staff
0
employees, year to 31 December 2025
Left since last filing
0
no seats appear to have opened
Voting members
5
reported in Part VI
Fairmont Park East Home Owners Association's network
5 peoplei5 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
5 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.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. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Charles Rothmund | President | 2018 | 8 yrs |
| Cordy Jackson | Director | 2025 | 1 yr |
| Glenn Sabadosa | Vice Preside | 2018 | 8 yrs |
| Michael Prasek (also filed as Mike Prasek) | Treasurer | 2018 | 8 yrs |
| Rethna Morvant | Company secretary | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
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 |
|---|---|---|---|---|---|
| Cordy Jackson | Director | $0 | |||
| Rethna Morvant | Secretary | $0 | |||
| Michael Prasek | Treasurer | $0 | |||
| Charles Rothmund | President | $0 | |||
| Glenn Sabadosa | Vice Preside | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Fairmont Park East Home Owners Association
- EIN
- 760035172
- Address
- 1660 E Winding Way Dr, Friendswood, TX, 77546-5128
- State
- Texas
- Mission
- Maintenance of the common areas and promotion of social welfare to the community (as filed on the Form 990)
- Activity (NTEE)
- L50 Housing and shelter
- IRS classification
- 501(c)04 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 4 (IRS master file code)
- Formed
- 1982
- Principal officer
- Charles Rothmund (as named on the Form 990)
- IRS ruling date
- 1 May 2007
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 8, latest 2025
Most connected
Longest observed on the filings
≥8years on the filingsCharles Rothmund
≥8years on the filingsGlenn Sabadosa
≥8years on the filingsMichael Prasek
≥8years on the filingsRethna Morvant
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
- $291k
- Total liabilities
- $21k
- Net assets or fund balances
- $270k
- Contributions and grants received
- $0
- Program service revenue
- $301k
- Employees
- 0
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 | $216k | $290k | Deficit $74k |
As filed on the IRS Form 990. US dollars.