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Nonprofit · EIN 26-4536445

COLE STREET DEVELOPMENT CORPORATION

Tax-exempt · MARIETTA, GA 30060

Financials

$1.5M$691K2023$2.1M$745K2024
Revenue Expenses · by fiscal year end
Financials of COLE STREET DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,094,082$744,741$1,349,341$11,446,138$2,666,047$8,780,091
December 31, 2023990$1,469,281$690,606$778,675$10,073,223$2,642,473$7,430,750
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,572,250
of which government grants
$1,572,250
Program service revenue
$437,780
Investment income
$84,052
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$87,479
Other salaries and wages
$87,785
Salaries, compensation and benefits (total)
$175,264
Professional fundraising fees
$0
Legal fees
$4,779
Accounting fees
$22,500
Occupancy
$2,412
Depreciation
$272,095
Program services (functional)
$744,741

Balance sheet and other

Total assets, start of year
$10,073,223
Total assets, end of year
$11,446,138
Total liabilities, end of year
$2,666,047
Net assets, end of year
$8,780,091
Land, buildings and equipment
$4,457,583
Net assets without donor restrictions
$8,780,091
Gross receipts
$2,094,082
Employees
1
Year formed
2009
State of legal domicile
GA

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
BRIAN MCNAIRPRESIDENT /
Officer
30$80,780
LIZ POSTONTREASURER/SE
Trustee or director, Officer
–$0
ALLEN KRIVSKYCHAIR
Trustee or director, Officer
–$0
MITCH HUNTERVICE CHAIR
Trustee or director, Officer
–$0
KRISTIN MCDONALDDIRECTOR
Trustee or director
–$0
CAROLYN RICHARDSONDIRECTOR
Trustee or director
–$0
ROBERT KELLEYDIRECTOR
Trustee or director
–$0
GREG LUCASDIRECTOR
Trustee or director
–$0
LAING HEIDTDIRECTOR
Trustee or director
–$0
SHAWANDA WASHINGTONDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
BRIAN MCNAIRPRESIDENT /
Officer
30$78,030
ALLEN KRIVSKYCHAIR
Trustee or director, Officer
–$0
MITCH HUNTERVICE CHAIR
Trustee or director, Officer
–$0
LIZ POSTONTREASURER/SE
Trustee or director, Officer
–$0
KRISTIN MCDONALDDIRECTOR
Trustee or director
–$0
CAROLYN RICHARDSONDIRECTOR
Trustee or director
–$0
ROBERT KELLEYDIRECTOR
Trustee or director
–$0
GREG LUCASDIRECTOR
Trustee or director
–$0
SHAWANDA WASHINGTONDIRECTOR
Trustee or director
–$0
LAING HEIDTDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
95 COLE ST NE, MARIETTA, GA 30060-2090
In care of
% PETE WALDREP
Principal officer (990 for 2024)
BRIAN MCNAIR, 95 COLE STREET, MARIETTA, GA 30060
Signed the 990
BRIAN MCNAIR, PRESIDENT / CEO
Phone
(770) 419-5143
Return prepared by
RECTOR REEDER & LOFTON PC

Mission

RESPOND TO AFFORDABLE HOUSING NEEDS BY ACQUIRING RESOURCES, FINANCIAL AND OTHERWISE, AND APPLYING THEM TO ELIGIBLE PUBLIC-PRIVATE PROJECTS IN A MANNER THAT MAXIMIZES BENEFITS TO THE COUNTY AND IS FULLY COMPLIANT WITH THE GOVERNMENTAL HOUSING PROGRAMS.

990 for the year ended December 31, 2024

Program accomplishments

  • RESPOND TO THE AFFORDABLE HOUSING NEEDS BY ACQUIRING RESOURCES, FINANCIAL AND OTHERWISE, AND APPLYING THEM TO ELIGIBLE PUBLIC-PRIVATE PROJECTS IN A MANNER THAT MAXIMIZES BENEFITS TO THE COUNTY AND IS FULLY COMPLIANT WITH THE GOVERNMENTAL HOUSING PROGRAMS.
    Expenses $744,741 · revenue $437,780

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
26-4536445
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,446,138
Income (IRS master file)
$2,094,082

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,094,082$744,741$11,446,138IRS
990December 2023$1,469,281$690,606$10,073,223XML
990December 2022$708,614$674,808$9,240,973IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 26-4536445).

Questions about COLE STREET DEVELOPMENT CORPORATION

What is the EIN of COLE STREET DEVELOPMENT CORPORATION?
The employer identification number (EIN) of COLE STREET DEVELOPMENT CORPORATION is 26-4536445.
Is COLE STREET DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2010.
Are donations to COLE STREET DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does COLE STREET DEVELOPMENT CORPORATION 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 COLE STREET DEVELOPMENT CORPORATION 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 COLE STREET DEVELOPMENT CORPORATION 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 COLE STREET DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names BRIAN MCNAIR.
Who are the officers and directors of COLE STREET DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $80,780 (BRIAN MCNAIR, PRESIDENT /).
How much revenue does COLE STREET DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,094,082, expenses of $744,741 and total assets of $11,446,138 at year end.

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