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Nonprofit · EIN 39-1333817

INNER CITY REDEVELOPMENT CORPORATION

Tax-exempt · LONG BEACH, MS 39560

Financials

$48K$79K2023$37K$79K2024
Revenue Expenses · by fiscal year end
Financials of INNER CITY REDEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$36,544$78,670-$42,126$481,583$10,935$470,648
December 31, 2023990$47,621$78,741-$31,120$523,709$10,935$512,774
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$13,000
Investment income
$23,544
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,500
Salaries, compensation and benefits (total)
$60,500
Professional fundraising fees
$0
Legal fees
$4,650
Accounting fees
$1,650
Occupancy
$2,927
Program services (functional)
$60,500
Management and general (functional)
$18,170

Balance sheet and other

Total assets, start of year
$523,709
Total assets, end of year
$481,583
Total liabilities, end of year
$10,935
Net assets, end of year
$470,648
Net assets without donor restrictions
$470,648
Gross receipts
$36,544
Employees
0
Volunteers
6
Year formed
1978
State of legal domicile
WI

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
J ALLEN STOKESPRESIDENT
Trustee or director, Officer
40$48,500
LEWIS STOKESVICE PRESIDENT
Trustee or director, Officer
20$12,000
JERELL JONESBOARD CHAIR
Trustee or director, Officer
1$0
DEMETRIA WHITESECRETARY/TREASURER
Trustee or director, Officer
1$0
LEIF OTTESONDIRECTOR
Trustee or director
1$0
RICK BANKSDIRECTOR
Trustee or director
1$0
DAVID STOKESDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
J ALLEN STOKESPRESIDENT
Trustee or director, Officer
40$48,500
LEWIS STOKESVICE PRESIDENT
Trustee or director, Officer
20$12,000
JERELL JONESBOARD CHAIR
Trustee or director, Officer
1$0
DEMETRIA WHITESECRETARY/TREASURER
Trustee or director, Officer
1$0
LEIF OTTESONDIRECTOR
Trustee or director
1$0
RICK BANKSDIRECTOR
Trustee or director
1$0
DAVID STOKESDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
208 CHURCH LN, LONG BEACH, MS 39560-5440
Principal officer (990 for 2024)
J ALLEN STOKES, 208 CHURCH LN, LONG BEACH, MS 39560
Signed the 990
J ALLEN STOKES, PRESIDENT
Phone
(414) 276-5285
Return prepared by
RITZ HOLMAN LLP

Mission

TO PROMOTE THE REVITALIZATION OF DESIGNATED TARGET AREAS IN THE URBAN CENTER OF MILWAUKEE, WISCONSIN THROUGH CREATIVE COORDINATED COLLABORATION WITH LOCAL COMMUNITY GROUPS, FOUNDATIONS, PRIVATE ORGANIZATIONS AND PUBLIC ENTITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • ONGOING COLLABORATIVE WORK TO REVITALIZE TARGET AREAS IN MILWAUKEE.
    Expenses $60,500 · revenue $13,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
39-1333817
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
1980
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$481,583
Income (IRS master file)
$36,544

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$36,544$78,670$481,583XML
990December 2023$47,621$78,741$523,709XML
990December 2022$57,993$83,122$556,829IRS
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 39-1333817).

Questions about INNER CITY REDEVELOPMENT CORPORATION

What is the EIN of INNER CITY REDEVELOPMENT CORPORATION?
The employer identification number (EIN) of INNER CITY REDEVELOPMENT CORPORATION is 39-1333817.
Is INNER CITY REDEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to INNER CITY REDEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INNER CITY REDEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of INNER CITY REDEVELOPMENT 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 INNER CITY REDEVELOPMENT 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 INNER CITY REDEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names J ALLEN STOKES.
Who are the officers and directors of INNER CITY REDEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $48,500 (J ALLEN STOKES, PRESIDENT).
How much revenue does INNER CITY REDEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $36,544, expenses of $78,670 and total assets of $481,583 at year end.

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