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Nonprofit · EIN 20-0584291

LIVE THE DREAM DEVELOPMENT INC

Tax-exempt · BOWLING GREEN, KY 42101

Financials

$4.4M$1.7M2023$5.6M$709K2024
Revenue Expenses · by fiscal year end
Financials of LIVE THE DREAM DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,640,389$709,465$4,930,924$15,009,202$7,211,549$7,797,653
December 31, 2023990$4,416,551$1,747,470$2,669,081$11,551,136$7,847,105$3,704,031
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,975,995
of which government grants
$4,445,605
Program service revenue
$544,120
Investment income
$20,274
Other revenue
$100,000

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$10,405
Salaries, compensation and benefits (total)
$11,076
Professional fundraising fees
$0
Accounting fees
$19,500
Occupancy
$617
Depreciation
$206,040
Program services (functional)
$680,816
Management and general (functional)
$28,649

Balance sheet and other

Total assets, start of year
$11,220,211
Total assets, end of year
$15,009,202
Total liabilities, end of year
$7,211,549
Net assets, end of year
$7,797,653
Land, buildings and equipment
$10,023,762
Net assets without donor restrictions
$7,797,653
Gross receipts
$5,640,389
Employees
1
Volunteers
12
Year formed
2003
State of legal domicile
KY

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.

NameTitleHours / weekCompensation
JOHN PAUL BLAIRBOARD MEMBER
Trustee or director
1$0
MARY COHRONBOARD MEMBER
Trustee or director
1$0
BRAD HOWARDCHAIRMAN
Trustee or director
1$0
CATHERINE MILLEREXECUTIVE OF
Trustee or director
40$0
LAWRENCE WHITEBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
JOHN PAUL BLAIRBOARD MEMBER
Trustee or director
1$0
MARY COHRONBOARD MEMBER
Trustee or director
1$0
BRAD HOWARDCHAIRMAN
Trustee or director
1$0
CATHERINE MILLEREXECUTIVE OF
Trustee or director
1$0
LAWRENCE WHITEBOARD MEMBER
Trustee or director
1$0
ABRAHAM WILLIAMSSECRETARY/TR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
247 DOUBLE SPRINGS RD, BOWLING GREEN, KY 42101-5160
In care of
% ABRAHAM WILLIAMS
Principal officer (990 for 2024)
CATHERINE MILLER, PO BOX 116, BOWLING GREEN, KY 421020116
Signed the 990
CATHERINE MILLER, EXECUTIVE OFFICER
Phone
(270) 843-6071
Return prepared by
SHELTON CPAS LLP

Mission

TO PROMOTE ECONOMIC DEVELOPMENT AND ENHANCE AFFORDABLE HOUSING IN THE COMMUNITY OF BOWLING GREEN AND WARREN COUNTY, KENTUCKY AND TO OTHERWISE IMPROVE THE QUALITY OF LIFE IN THE AREAS FOR TARGETED LOW-INCOME RESIDENTS IN THE AREAS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROMOTE ECONOMIC DEVELOPMENT AND ENHANCE AFFORDABLE HOUSING IN THE COMMUNITY OF BOWLING GREEN AND WARREN COUNTY, KENTUCKY AND TO OTHERWISE IMPROVE THE QUALITY OF LIFE IN THE AREA. SERVICES INCLUDE BUYING AND REHABILITATING HOMES TO SELL TO THEIR TARGETED POPULATION GROUPS UNDER THE FEDERAL HUD GUIDELINES, AS WELL AS, TEACHING HOME OWNERSHIP COURSES TO LOW TO MODERATE INCOME FAMILIES TO EDUCATE THEM ON THE HOME BUYING PROCESS.
    Expenses $680,816 · revenue $544,120

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-0584291
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
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,009,202
Income (IRS master file)
$5,640,389

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,640,389$709,465$15,009,202XML
990-TDecember 2024–––IRS
990December 2023$4,416,551$1,747,470$11,551,136XML
990-TDecember 2023–––IRS
990December 2022$1,764,347$1,348,624$8,853,178IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 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 20-0584291).

Questions about LIVE THE DREAM DEVELOPMENT INC

What is the EIN of LIVE THE DREAM DEVELOPMENT INC?
The employer identification number (EIN) of LIVE THE DREAM DEVELOPMENT INC is 20-0584291.
Is LIVE THE DREAM DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to LIVE THE DREAM DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIVE THE DREAM 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 LIVE THE DREAM DEVELOPMENT INC 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 LIVE THE DREAM DEVELOPMENT INC 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 LIVE THE DREAM DEVELOPMENT INC?
The 990 for the year ended December 31, 2024 names CATHERINE MILLER.
Who are the officers and directors of LIVE THE DREAM DEVELOPMENT INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LIVE THE DREAM DEVELOPMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,640,389, expenses of $709,465 and total assets of $15,009,202 at year end.

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