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Nonprofit · EIN 26-3734194

SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC

Also known as SBE-DRC

Tax-exempt · HOPKINSVILLE, KY 42240

Financials

$62K$65K2022$68K$82K2023$79K$65K2024
Revenue Expenses · by fiscal year end
Financials of SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$79,288$65,360$13,928$152,501$126,735$25,766
June 30, 2024990-EZ$67,691$82,305-$14,614$149,415$137,577$11,838
June 30, 2023990-EZ$61,573$65,164-$3,591$170,655$144,203$26,452
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$73,578
Program service revenue
$4,648
Investment income
$1,062

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$45,801
Occupancy
$4,611
Printing, publications and postage
$1,214
Other expenses
$13,734
Program services (functional)
$65,360

Balance sheet and other

Total assets, start of year
$149,415
Total assets, end of year
$152,501
Total liabilities, end of year
$126,735
Net assets, end of year
$25,766
Cash, savings and investments
$113,322
Gross receipts
$79,288

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
WALTER CUMMINGSTREASURER0$0
REGINALD DAVISDIRECTOR0$0
DEREK POORDIRECTOR0$0
THERESA WHITEDIRECTOR0$0
CHESTER CRUMPDIRECTOR0$0
TERRANCE CRUMPDIRECTOR0$0
JIMMY LANCASTERDIRECTOR0$0
990-EZ for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
WALTER CUMMINGSTREASURER2$0
REGINALD DAVISDIRECTOR2$0
DEREK POORDIRECTOR2$0
THERESA WHITEDIRECTOR2$0
CHESTER CRUMPDIRECTOR2$0
TERRANCE CRUMPDIRECTOR2$0
JIMMY LANCASTERDIRECTOR2$0
990-EZ for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
WALTER CUMMINGSTREASURER0$0
KATE RUSSELLCHAIRPERSON0$0
WENDEL LYNCHDIRECTOR0$0
STEVE TRIBBLEDIRECTOR0$0

Address and contacts

Address (IRS master file)
515 WEBER ST, HOPKINSVILLE, KY 42240-2323
In care of
% SBE-DRC
Mailing address (990-N for 2021)
521 Weber Street, Hopkinsville KY 42240
Principal officer (990-N for 2021)
Walter Cummings, 521 Weber Street, Hopkinsville KY 42240
Signed the 990-EZ
WALTER CUMMINGS, TREASURER
Return prepared by
DGA PSC

Mission

THE MISSION OF MEDI IS TO PROVIDE EDUCATIONAL OPPORTUNITIES TO SMALL AND MINORITY ENTREPRENEURS AND FOSTER AN ENVIRONMENT CONDUCIVE TO SUCCESS.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • MEDI USED FUNDS TO ACHEIVE PROGRAM SERVICES INCLUDING: ENTREPRENEURIAL TRAINING, LOAN ASSISTANCE, BUSINESS PLAN DEVELOPMENT, NEW JOB CREATION.
    Expenses $65,340
  • MEDI USED FUNDS TO ACHEIVE PROGRAM SERVICES INCLUDING: ENTREPRENEURIAL TRAINING, LOAN ASSISTANCE, BUSINESS PLAN DEVELOPMENT, NEW JOB CREATION.
    Expenses $20

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
26-3734194
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
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$152,501
Income (IRS master file)
$79,288

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$79,288$65,360$152,501IRS
990-EZJune 2024$67,691$82,305$149,415IRS
990-EZJune 2023$61,573$65,164$170,655XML
990-N for 2021
Officer: Walter Cummings
June 30, 2022≤ $50,000 receipts––e-Postcard
990-EZJune 2022–––IRS
990-N for 2020
Officer: Walter Cummings
June 30, 2021≤ $50,000 receipts––e-Postcard
990-EZJune 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 26-3734194).

Questions about SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC

What is the EIN of SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC?
The employer identification number (EIN) of SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC is 26-3734194.
Is SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER 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 SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who is the principal officer of SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC?
The 990-N for 2021 names Walter Cummings.
Who are the officers and directors of SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC?
The 990-EZ for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does SMALL BUSINESS AND ENTREPRENERUIAL DEVELOPMENT RESOURCE CENTER INC have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $79,288, expenses of $65,360 and total assets of $152,501 at year end.

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