Nonprofit · EIN 26-4499876
RIC REDBUD APARTMENTS
Tax-exempt · GASTONIA, NC 28053
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $105,337 | $133,794 | -$28,457 | $957,004 | $1,365,766 | -$408,762 |
| June 30, 2024 | 990 | $99,603 | $130,473 | -$30,870 | $981,606 | $1,361,911 | -$380,305 |
| June 30, 2023 | 990 | $94,567 | $118,527 | -$23,960 | $1,015,007 | $1,364,442 | -$349,435 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $70,881
- of which government grants
- $70,881
- Program service revenue
- $34,042
- Investment income
- $414
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,824
- Occupancy
- $19,334
- Depreciation
- $31,906
- Program services (functional)
- $126,869
- Management and general (functional)
- $6,925
Balance sheet and other
- Total assets, start of year
- $981,606
- Total assets, end of year
- $957,004
- Total liabilities, end of year
- $1,365,766
- Net assets, end of year
- -$408,762
- Land, buildings and equipment
- $859,759
- Gross receipts
- $105,337
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2009
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM MAGUIRE | PRESIDENT Trustee or director, Officer | 0 | $0 |
| TIM FARRIS | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM MAGUIRE | PRESIDENT Trustee or director, Officer | 0 | $0 |
| TIM FARRIS | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM MAGUIRE | PRESIDENT Trustee or director, Officer | 0 | $0 |
| TIM FARRIS | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2466, GASTONIA, NC 28053-2466
- In care of
- % LISA PARDUE
- Mailing address (990-N for 2013)
- PO Box 2466, Gastonia NC 28053
- Principal officer (990 for 2024)
- KIM MAGUIRE, PO BOX 2466, GASTONIA, NC 28053
- Principal officer (990-N for 2013)
- Kim Maguire, PO Box 2466, Gastonia NC 280532466
- Signed the 990
- KIM MAGUIRE, PRESIDENT
- Phone
- (704) 866-6766
- Return prepared by
- BERNARD ROBINSON & COMPANY LLP
Mission
TO OWN AND OPERATE A 9-UNIT APARTMENT COMPLEX UNDER SECTION 811 OF THE NATIONAL HOUSING ACT OF 1959.
Program accomplishments
- TO OWN AND OPERATE A 9-UNIT APARTMENT COMPLEX UNDER SECTION 811 OF THE NATIONAL HOUSING ACT OF 1959.Expenses $126,869 · revenue $34,042
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4499876
- 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
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $957,004
- Income (IRS master file)
- $105,337
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $105,337 | $133,794 | $957,004 | XML |
| 990 | June 2024 | $99,603 | $130,473 | $981,606 | XML |
| 990 | June 2023 | $94,567 | $118,527 | $1,015,007 | XML |
| 990 | June 2022 | $92,271 | $121,241 | $1,035,864 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2013 Officer: Kim Maguire | June 30, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 26-4499876).
Questions about RIC REDBUD APARTMENTS
- What is the EIN of RIC REDBUD APARTMENTS?
- The employer identification number (EIN) of RIC REDBUD APARTMENTS is 26-4499876.
- Is RIC REDBUD APARTMENTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to RIC REDBUD APARTMENTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RIC REDBUD APARTMENTS 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 RIC REDBUD APARTMENTS 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 RIC REDBUD APARTMENTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RIC REDBUD APARTMENTS?
- The 990 for the year ended June 30, 2025 names KIM MAGUIRE.
- Who are the officers and directors of RIC REDBUD APARTMENTS?
- The 990 for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does RIC REDBUD APARTMENTS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $105,337, expenses of $133,794 and total assets of $957,004 at year end.
Other nonprofits in GASTONIA
- OUR NEIGHBORS INC EIN 33-1055985 · last filed 990 for 2025
- RIC SHELBY APARTMENTS INC EIN 45-5231181 · last filed 990 for 2025
- RIC LINCOLNTON APARTMENTS INC EIN 27-3855098 · last filed 990 for 2025
- MIRIAM S & WILLIAM T HALL JR FOUNDATION EIN 56-6563541 · last filed 990-PF for 2025
- RIC MANAGEMENT SERVICES INC EIN 27-1914685 · last filed 990-N for 2025
- SPECIAL NEEDS COMMUNITY INITIATIVE EIN 82-3108522 · last filed 990-N for 2025
- 2ND WIND TOO INC EIN 90-0618193 · last filed 990-N for 2016
- GASTON MEMORIAL HOSPITAL INC EIN 56-0619359 · last filed 990 for 2024
All nonprofits in GASTONIA · North Carolina · Housing and shelter