Nonprofit · EIN 11-3193964
NEHEMIAH ECONOMIC DEVELOPMENT INC
Tax-exempt · BROOKLYN, NY 11212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $40,181 | $156,799 | -$116,618 | $416,644 | $13,604 | $403,040 |
| December 31, 2024 | 990 | $122,762 | $113,401 | $9,361 | $531,895 | $12,237 | $519,658 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $4,232
- Net rental income
- $35,949
- Other revenue
- $35,949
Expenses
- Grants and similar amounts paid
- $55,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $74,561
- Accounting fees
- $2,850
- Travel
- $7,638
- Depreciation
- $15,043
- Management and general (functional)
- $15,043
Balance sheet and other
- Total assets, start of year
- $531,895
- Total assets, end of year
- $416,644
- Total liabilities, end of year
- $13,604
- Net assets, end of year
- $403,040
- Land, buildings and equipment
- $184,526
- Net assets without donor restrictions
- $403,040
- Gross receipts
- $74,273
- Employees
- 0
- Year formed
- 1999
- State of legal domicile
- NY
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEBENE HORMEKU | PRESIDENT Trustee or director | 20 | $0 |
| GLORIA OBIOUMA | TREASURER Trustee or director | 20 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEBENE HORMEKU | PRESIDENT Trustee or director | 20 | $0 |
| GLORIA OBIOUMA | TREASURER Trustee or director | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 695 MOTHER GASTON BLVD, BROOKLYN, NY 11212-5934
- Principal officer (990 for 2025)
- LEBENE HORMEKU, 856 EAST AVE, Park Ridge, IL 60068
- Signed the 990
- LEBENE HORMEKU, PRESIDENT
- Phone
- (312) 582-0850
- Return prepared by
- JSHAW & ASSOCIATES INC
Mission
TUITION GTANTS TO STUDENTS FUNDS TO IMPROVE STRUCTURES IN DESIGNATED AREAS.
Program accomplishments
- TUITION GRANTS TO STUDENTS FUNDS TO IMPROVE STRUCTURES IN DESIGNATED AREAS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | 990 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
- 11-3193964
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $416,644
- Income (IRS master file)
- $74,273
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $141,481 | $86,927 | $522,531 | IRS |
| 990-EZ | December 2022 | $120,972 | $72,421 | $496,401 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about NEHEMIAH ECONOMIC DEVELOPMENT INC
- What is the EIN of NEHEMIAH ECONOMIC DEVELOPMENT INC?
- The employer identification number (EIN) of NEHEMIAH ECONOMIC DEVELOPMENT INC is 11-3193964.
- Is NEHEMIAH ECONOMIC DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to NEHEMIAH ECONOMIC DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEHEMIAH ECONOMIC DEVELOPMENT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEHEMIAH ECONOMIC DEVELOPMENT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEHEMIAH ECONOMIC DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEHEMIAH ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 names LEBENE HORMEKU.
- Who are the officers and directors of NEHEMIAH ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does NEHEMIAH ECONOMIC DEVELOPMENT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $40,181, expenses of $156,799 and total assets of $416,644 at year end.
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