Nonprofit · EIN 45-0705485
EAST 5TH STREET APARTMENTS INC
Tax-exempt · CHARLOTTE, NC 28241
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $54,061 | $74,431 | -$20,370 | $757,712 | $599,581 | $158,131 |
| June 30, 2024 | 990 | $26,870 | $95,788 | -$68,918 | $766,749 | $588,248 | $178,501 |
| June 30, 2023 | 990 | $53,267 | $79,378 | -$26,111 | $831,162 | $583,743 | $247,419 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $40,467
- of which government grants
- $40,467
- Program service revenue
- $16,731
- Investment income
- -$3,137
- Net gain from sales of assets
- -$3,140
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $115
- Accounting fees
- $5,058
- Occupancy
- $11,874
- Depreciation
- $27,467
- Program services (functional)
- $68,323
- Management and general (functional)
- $6,108
Balance sheet and other
- Total assets, start of year
- $766,749
- Total assets, end of year
- $757,712
- Total liabilities, end of year
- $599,581
- Net assets, end of year
- $158,131
- Land, buildings and equipment
- $706,153
- Net assets without donor restrictions
- $158,131
- Gross receipts
- $57,201
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2011
- 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 | From related orgs |
|---|---|---|---|---|
| TAMMY VERNON | OUTGOING TREASURER Officer | 0.2 | $0 | $121,695 |
| CRAIG PEATROSS | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| MALLORY OLDHAM | SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| GARRY MERRITT | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DIANE EVANS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| AHAZ ARMSTRONG | TREASURER Officer | 0.2 | $0 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| TAMMY VERNON | TREASURER Officer | 0.2 | $0 | $120,248 |
| CRAIG PEATROSS | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| MALLORY OLDHAM | SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| GARRY MERRITT | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DIANE EVANS | DIRECTOR Trustee or director | 0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| TAMMY VERNON | TREASURER Officer | 0.2 | $0 | $113,995 |
| JOHN NICHOLS | ASST. SECRETARY/ASST. VP Officer | 0.2 | $0 | $63,382 |
| CRAIG PEATROSS | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| MALLORY OATES | SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| GARRY MERRITT | DIRECTOR Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2203, CHARLOTTE, NC 28241-2203
- In care of
- % DIANE EVANS
- Principal officer (990 for 2024)
- AHAZ ARMSTRONG, PO BOX 2203, CHARLOTTE, NC 28278
- Signed the 990
- TAMMY VERNON, TREASURER
- Phone
- (336) 765-3906
- Website
- ANCHORNC.ORG
- Return prepared by
- BERNARD ROBINSON & COMPANY LLP
Mission
TO PROVIDE PERMANENT HOUSING FOR HOMELESS INDIVIDUALS.
Program accomplishments
- OPERATING AS 8 UNIT APARTMENT COMPLEX TO PROVIDE PERMANENT HOUSING FOR HOMELESS INDIVIDUALS.Expenses $68,323 · revenue $16,731
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
- 45-0705485
- 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
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L41)
- Assets (IRS master file)
- $757,712
- Income (IRS master file)
- $57,201
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $54,061 | $74,431 | $757,712 | IRS |
| 990 | June 2024 | $26,870 | $95,788 | $766,749 | IRS |
| 990 | June 2023 | $53,267 | $79,378 | $831,162 | XML |
| 990 | June 2022 | $53,572 | $75,224 | $848,619 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 45-0705485).
Questions about EAST 5TH STREET APARTMENTS INC
- What is the EIN of EAST 5TH STREET APARTMENTS INC?
- The employer identification number (EIN) of EAST 5TH STREET APARTMENTS INC is 45-0705485.
- Is EAST 5TH STREET APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to EAST 5TH STREET APARTMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EAST 5TH STREET APARTMENTS INC 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 EAST 5TH STREET APARTMENTS INC 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 EAST 5TH STREET APARTMENTS INC 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 EAST 5TH STREET APARTMENTS INC?
- The 990 for the year ended June 30, 2025 names AHAZ ARMSTRONG.
- Who are the officers and directors of EAST 5TH STREET APARTMENTS INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does EAST 5TH STREET APARTMENTS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $54,061, expenses of $74,431 and total assets of $757,712 at year end.
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All nonprofits in CHARLOTTE · North Carolina · Housing and shelter