Nonprofit · EIN 39-1837474
ACTS COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · MILWAUKEE, WI 53202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $13,811,748 | $19,458,014 | -$5,646,266 | $16,292,957 | $10,603,850 | $5,689,107 |
| December 31, 2023 | 990 | $11,716,959 | $7,621,123 | $4,095,836 | $14,766,391 | $3,378,156 | $11,388,235 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $12,578,645
- of which government grants
- $628,692
- Program service revenue
- $471,004
- Investment income
- $319,250
- Net gain from sales of assets
- $64,188
- Net income from fundraising events
- -$114,489
- Net income from sales of inventory
- $529,896
- Other revenue
- $442,849
Expenses
- Grants and similar amounts paid
- $14,459,816
- Compensation of officers, directors and key employees
- $226,922
- Other salaries and wages
- $2,367,851
- Salaries, compensation and benefits (total)
- $3,050,429
- Professional fundraising fees
- $72,000
- Legal fees
- $7,521
- Accounting fees
- $117,944
- Occupancy
- $61,783
- Travel
- $57,805
- Depreciation
- $57,137
- Program services (functional)
- $17,549,711
- Management and general (functional)
- $1,092,316
- Fundraising (functional)
- $815,987
Balance sheet and other
- Total assets, start of year
- $14,766,391
- Total assets, end of year
- $16,292,957
- Total liabilities, end of year
- $10,603,850
- Net assets, end of year
- $5,689,107
- Land, buildings and equipment
- $54,226
- Publicly traded securities
- $3,265,905
- Net assets without donor restrictions
- $3,645,917
- Net assets with donor restrictions
- $2,043,190
- Gross receipts
- $20,702,839
- Employees
- 54
- Volunteers
- 100
- Year formed
- 1995
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL GOSMAN | PRESIDENT & CEO Officer | 35 | $192,167 | $78,612 |
| DOROTHY YORK | VP REAL ESTATE Highest-paid employee | 2 | $134,881 | $16,488 |
| DEATRA KEMP | VP PROGRAMS Highest-paid employee | 42 | $114,999 | $24,416 |
| KELLY ANDREW | VP STRATEGIC PARTNERSHIP Highest-paid employee | 23 | $124,411 | $14,163 |
| JOE SCHLIDT | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| HEATHER RAMIREZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALLISON STEINHAFEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY FRANDA | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN BEAGLE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARC PERRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN SYBURG | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| OSCAR TOVAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAE JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUG LEVY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM MATTKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARVIN BYNUM | DIRECTOR Trustee or director | 1 | $0 |
| VANAYA GRICE | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL MACK | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT LAGRANT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL GOSMAN | PRESIDENT & CEO Officer | 35 | $196,948 | $39,077 |
| DOROTHY YORK | VP REAL ESTATE Highest-paid employee | 2 | $129,880 | $15,814 |
| KELLY ANDREW | VP STRATEGIC PARTNERSHIP Highest-paid employee | 23 | $118,469 | $17,034 |
| DEATRA KEMP | VP PROGRAMS Highest-paid employee | 42 | $100,989 | $22,209 |
| JOE SCHLIDT | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| HEATHER RAMIREZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALLISON STEINHAFEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY FRANDA | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN BEAGLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL ZIMMERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY MCHENRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICTORIA NAVARRO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARC PERRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN SYBURG | SECRETARY Trustee or director | 1 | $0 | $0 |
| OSCAR TOVAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAE JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUG LEVY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM MATTKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 270 E KILBOURN AVE STE 5, MILWAUKEE, WI 53202-3889
- Principal officer (990 for 2024)
- MICHAEL GOSMAN, 270 E KILBOURN AVE 5TH FLOOR, MILWAUKEE, WI 53202
- Signed the 990
- MICHAEL GOSMAN, PRESIDENT & CEO
- Phone
- (414) 933-2215
- Website
- WWW.ACTSHOUSING.ORG
- Return prepared by
- RITZ HOLMAN LLP
Mission
ACTS HOUSING'S MISSION IS EMPOWERMENT THROUGH HOMEOWNERSHIP.
Program accomplishments
- REAL ESTATE BROKERAGE - ACTS HOME SALES TEAM REPRESENTS FAMILIES AND INDIVIDUALS IN REAL ESTATE SALES TRANSACTIONS. AS LICENSED REALTORS, THEY SUPPORT FAMILIES IN FINDING HOMES THAT MEET THEIR NEEDS AND THEN ENSURE THAT FAMILIES ARE WELL REPRESENTED IN THEIR REAL ESTATE TRANSACTIONS. IN 2024, 71 FAMILIES FAMILIES USED ACTS' REAL ESTATE SERVICES TO PURCHASE THEIR HOMES.Expenses $783,140 · revenue $381,416
- HOMEBUYER COACHING - HOMEBUYER COACHES PROVIDE FAMILIES WITH CONFIDENTIAL, ONE-ON-ONE AND GROUP SESSIONS DESIGNED TO SUPPORT FAMILIES TO IMPROVE THEIR FINANCIAL CONDITION AND PREPARE TO BE SUCCESFUL HOMEOWNERS. IN 2024 2,573 FAMILIES STARTED HOMEBUYER COACHING AND 310 FAMILIES WERE SUCCESSFUL IN BECOMING FIRST-TIME HOMEBUYERS.Expenses $15,921,237 · grants $14,374,642 · revenue $73,588
- HOME REHAB COACHING - ACTS HOME REHAB COACHING STAFF REPRESENTS FAMILIES AND INDIVIDUALS DURING COORDINATION AND EXECUTION OF REHAB PLANS. AS EXPERIENCED REHAB PROFESSIONALS, STAFF SUPPORT FAMILIES IN PLANNING ALL REPAIRS NEEDED FOR DECENT, SAFE, SANITARY, AND AFFORDABLE OCCUPANCY. IN 2024, 82 FAMILIES RECEIVED THESE SERVICES.Expenses $845,334 · grants $85,174 · revenue $16,000
- SALES OF HOME PROPERTIESrevenue $529,896
- MISCELLANEOUS INCOMErevenue $27,442
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
- 39-1837474
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L209)
- Assets (IRS master file)
- $16,292,957
- Income (IRS master file)
- $20,702,839
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $13,811,748 | $19,458,014 | $16,292,957 | XML |
| 990 | December 2023 | $11,716,959 | $7,621,123 | $14,766,391 | XML |
| 990 | December 2022 | $7,691,551 | $4,964,560 | $11,731,393 | 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 39-1837474).
Questions about ACTS COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of ACTS COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of ACTS COMMUNITY DEVELOPMENT CORPORATION is 39-1837474.
- Is ACTS COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to ACTS COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACTS COMMUNITY 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 ACTS COMMUNITY 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 ACTS COMMUNITY 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 ACTS COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names MICHAEL GOSMAN.
- Who are the officers and directors of ACTS COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 19 people; 4 received compensation from the organization, the highest $192,167 (MICHAEL GOSMAN, PRESIDENT & CEO).
- How much revenue does ACTS COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $13,811,748, expenses of $19,458,014 and total assets of $16,292,957 at year end.
Other nonprofits in MILWAUKEE
- TRAVAUX INC EIN 46-2796790 · last filed 990 for 2023
- MILWAUKEE HABITAT FOR HUMANITY EIN 39-1496741 · last filed 990 for 2025
- CENTER FOR VETERANS ISSUES INC EIN 39-1712359 · last filed 990 for 2024
- ACTS LENDING INC EIN 46-2986750 · last filed 990 for 2024
- WISCONSIN PRESERVATION FUND INC EIN 39-1657657 · last filed 990 for 2025
- KINGSPATH SENIOR MINISTRIES INC EIN 81-4810291 · last filed 990 for 2024
- SSND MMU MCH VENTURE INC EIN 84-4473861 · last filed 990 for 2024
- GUEST HOUSE OF MILWAUKEE INC EIN 39-1539301 · last filed 990 for 2024
All nonprofits in MILWAUKEE · Wisconsin · Housing and shelter