Nonprofit · EIN 02-0644992
TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION
Also known as JAMES JUSTICE
Tax-exempt · TROY, NC 27371
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $39,848 | $45,642 | -$5,794 | $491,619 | $0 | $491,619 |
| December 31, 2023 | 990 | $27,826 | $36,859 | -$9,033 | $497,413 | $0 | $497,413 |
| December 31, 2022 | 990 | $502,519 | $435,390 | $67,129 | $506,446 | $0 | $506,446 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $29,701
- Investment income
- $64
- Other revenue
- $10,083
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $5,927
- Program services (functional)
- $27,858
- Management and general (functional)
- $17,784
Balance sheet and other
- Total assets, start of year
- $497,413
- Total assets, end of year
- $491,619
- Total liabilities, end of year
- $0
- Net assets, end of year
- $491,619
- Land, buildings and equipment
- $263,654
- Net assets without donor restrictions
- $491,619
- Gross receipts
- $39,848
- Employees
- 0
- Year formed
- 2002
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MOLLY ALEXI | DIRECTOR Trustee or director | 0 | $0 |
| CAROL WHITAKER | DIRECTOR Trustee or director | 0 | $0 |
| JEFF MORRIS | DIRECTOR Trustee or director | 0 | $0 |
| GREG ZEPHIR | CHAIRMAN Officer | 0 | $0 |
| CATHY MANESS | TREASURER Officer | 0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| GREG ZEPHIR | CHAIRMAN Officer | 0 | $0 | $129,571 |
| CATHY MANESS | TREASURER Officer | 0 | $0 | $15,913 |
| JEFF MORRIS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| CAROL WHITAKER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| MOLLY ALEXI | DIRECTOR Trustee or director | 0 | $0 | $0 |
990 for the year ended December 31, 2022: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| GREG ZEPHIR | CHAIRMAN Officer | 0 | $0 | $129,571 |
| CATHY MANESS | TREASURER Officer | 0 | $0 | $15,913 |
| JEFF MORRIS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| CAROL WHITAKER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| MOLLY ALEXI | DIRECTOR Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 315 N MAIN ST, TROY, NC 27371-3017
- In care of
- % GREG ZEPHIR
- Principal officer (990 for 2024)
- GREG ZEPHIR, 315 NORTH MAIN STREET, TROY, NC 27371
- Signed the 990
- GREG ZEPHIR, CHAIRMAN
- Phone
- (910) 572-3661
- Return prepared by
- Cox & Hamilton CPAs PA
Mission
HOUSING ASSISTANCE FOR LOW INCOME FAMILIES.
Program accomplishments
- ALL THE PROPERTIES ARE BEING RENTED BY THE POTENTIAL OWNERS IN THE PROGRAM. SEVEN HOMES HAVE BEEN SOLD TO TENANTS.Expenses $27,858
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0644992
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L25)
- Assets (IRS master file)
- $491,619
- Income (IRS master file)
- $39,848
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $39,848 | $45,642 | $491,619 | XML |
| 990 | December 2023 | $27,826 | $36,859 | $497,413 | XML |
| 990 | December 2022 | $502,519 | $435,390 | $506,446 | XML |
| 990 | December 2021 | $121,736 | $113,483 | $444,017 | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0644992).
Questions about TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION
- What is the EIN of TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION?
- The employer identification number (EIN) of TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION is 02-0644992.
- Is TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names GREG ZEPHIR.
- Who are the officers and directors of TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does TROY NEIGHBORHOOD REDEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $39,848, expenses of $45,642 and total assets of $491,619 at year end.
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All nonprofits in TROY · North Carolina · Housing and shelter