Skip to main content

Nonprofit · EIN 43-1259971

PALESTINE GARDENS INC

Tax-exempt · LEES SUMMIT, MO 64063

Financials

$3M$119K2023$20K$02024
Revenue Expenses · by fiscal year end
Financials of PALESTINE GARDENS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$19,683$0$19,683$1,987,997$0$1,987,997
December 31, 2023990$3,032,709$118,588$2,914,121$1,968,314$0$1,968,314
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$19,683
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$1,968,314
Total assets, end of year
$1,987,997
Total liabilities, end of year
$0
Net assets, end of year
$1,987,997
Net assets without donor restrictions
$1,987,997
Gross receipts
$19,683
Employees
0
Volunteers
10
Year formed
1988
State of legal domicile
MO

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
WENDELL JONESCHAIRMAN
Trustee or director, Officer
0.02$0
EDWYNNE SMITHTREASURER
Trustee or director, Officer
0.02$0
RHONDA IVERSONSECRETARY
Trustee or director, Officer
0.02$0
RICK EARL ABELDIRECTOR
Trustee or director
0.02$0
MELVIN GROSSDIRECTOR
Trustee or director
0.02$0
DONALD MAXWELLDIRECTOR
Trustee or director
0.02$0
GLYNNIS BYERSDIRECTOR
Trustee or director
0.02$0
HAROLD WHITEDIRECTOR
Trustee or director
0.02$0
DERRICK SMITHDIRECTOR
Trustee or director
0.02$0
JAMES P SMITHDIRECTOR
Trustee or director
0.02$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
WENDELL JONESCHAIRMAN
Trustee or director, Officer
0.5$0
EDWYNNE SMITHTREASURER
Trustee or director, Officer
0.5$0
RHONDA IVERSONSECRETARY
Trustee or director, Officer
0.5$0
RICK EARL ABELDIRECTOR
Trustee or director
0.5$0
MELVIN GROSSDIRECTOR
Trustee or director
0.5$0
DONALD MAXWELLDIRECTOR
Trustee or director
0.5$0
GLYNNIS BYERSDIRECTOR
Trustee or director
0.5$0
HAROLD WHITEDIRECTOR
Trustee or director
0.5$0
DERRICK SMITHDIRECTOR
Trustee or director
0.5$0
JAMES P SMITHDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
220 NW EXECUTIVE WAY, LEES SUMMIT, MO 64063-1841
Principal officer (990 for 2024)
WENDELL JONES, 2627 EAST 33RD STREET, KANSAS CITY, MO 64128
Signed the 990
MELVIN GROSS, DIRECTOR
Phone
(816) 921-0140
Return prepared by
WELCH & ASSOCIATES LLC

Mission

Organization is a general partner in a partnership offering affordable housing

990 for the year ended December 31, 2024

Program accomplishments

  • Formerly, the Organization operated a 58 unit apartment complex in Kansas City, Missouri. The apartment complex was sold in March 2023 and the Organization provided seller-financing in the form of a 1.9 million note. The Organization also acquired at minute ownership interest in the limited partnership that acquired the apartment complex. The interest income earned is from program investments as the limited partnership is operating affordable housing which is the Organizations mission.
    revenue $19,683

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
43-1259971
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1988
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1,987,997
Income (IRS master file)
$19,683

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$19,683$0$1,987,997XML
990December 2023$3,032,709$118,588$1,968,314XML
990December 2022$397,237$454,444$692,973IRS
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 43-1259971).

Questions about PALESTINE GARDENS INC

What is the EIN of PALESTINE GARDENS INC?
The employer identification number (EIN) of PALESTINE GARDENS INC is 43-1259971.
Is PALESTINE GARDENS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to PALESTINE GARDENS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PALESTINE GARDENS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PALESTINE GARDENS INC 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 PALESTINE GARDENS INC 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 PALESTINE GARDENS INC?
The 990 for the year ended December 31, 2024 names WENDELL JONES.
Who are the officers and directors of PALESTINE GARDENS INC?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does PALESTINE GARDENS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $19,683, expenses of $0 and total assets of $1,987,997 at year end.

Other nonprofits in LEES SUMMIT

All nonprofits in LEES SUMMIT · Missouri