Nonprofit · EIN 20-3753570
FREEDOM CO-OP INC
Tax-exempt · MEMPHIS, TN 38104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $88,690 | $89,570 | -$880 | $5 | $24,890 | -$24,885 |
| December 31, 2023 | 990 | $87,203 | $115,840 | -$28,637 | $217 | $24,222 | -$24,005 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $88,690
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $11,145
- Other salaries and wages
- $57,826
- Salaries, compensation and benefits (total)
- $76,234
- Professional fundraising fees
- $0
- Accounting fees
- $1,901
- Program services (functional)
- $78,458
- Management and general (functional)
- $11,112
Balance sheet and other
- Total assets, start of year
- $217
- Total assets, end of year
- $5
- Total liabilities, end of year
- $24,890
- Net assets, end of year
- -$24,885
- Gross receipts
- $88,690
- Employees
- 3
- Volunteers
- 17
- Year formed
- 2005
- State of legal domicile
- TN
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 | From related orgs |
|---|---|---|---|---|
| SUZANNE COLSEY | EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $0 | $11,145 |
| LINDA DUKE | TREASURER/SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL HEINRICH | MEDIATOR/MEDICAL RECORDS Trustee or director | 1 | $0 | $0 |
| GREG BETHEA | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SUZANNE COLSEY | EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $0 | $28,979 |
| BETH BARNETT | BOARD PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LINDA DUKE | TREASURER/SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL HEINRICH | MEDIATOR/MEDICAL RECORDS Trustee or director | 1 | $0 | $0 |
| GREG BETHEA | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2181 UNION AVE, MEMPHIS, TN 38104-4208
- In care of
- % SUZANNE COLSEY
- Principal officer (990 for 2024)
- SUZANNE S COLSEY, 62 ANGELUS, MEMPHIS, TN 38104
- Signed the 990
- SUZANNE S COLSEY, EXECUTIVE DIRECTOR
- Phone
- (901) 603-5864
- Return prepared by
- G&G CPA SERVICES
Mission
THE MISSION OF THE FREEDOM CO-OP, INC IS TO PROVIDE THE SUPPORTS AND SERVICES NEEDED FOR SERVICE RECEIPIENTS TO LIVE A PRODUCTIVE AND INCLUSIVE LIFE, SURROUNDED BY FRIENDS WHO LOVE AND CARE FOR THEM.
Program accomplishments
- THE PROGRAM PROVIDED PAS FOR PEOPLE AT HOME AND HELPED FAMILES IN NEEDExpenses $78,458 · revenue $88,690
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 | 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
- 20-3753570
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P80)
- Assets (IRS master file)
- $5
- Income (IRS master file)
- $88,690
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $88,690 | $89,570 | $5 | XML |
| 990 | December 2023 | $87,203 | $115,840 | $217 | XML |
| 990 | December 2022 | $81,794 | $94,090 | $0 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 20-3753570).
Questions about FREEDOM CO-OP INC
- What is the EIN of FREEDOM CO-OP INC?
- The employer identification number (EIN) of FREEDOM CO-OP INC is 20-3753570.
- Is FREEDOM CO-OP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to FREEDOM CO-OP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FREEDOM CO-OP 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 FREEDOM CO-OP 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 FREEDOM CO-OP 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 FREEDOM CO-OP INC?
- The 990 for the year ended December 31, 2024 names SUZANNE S COLSEY.
- Who are the officers and directors of FREEDOM CO-OP INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does FREEDOM CO-OP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $88,690, expenses of $89,570 and total assets of $5 at year end.
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