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Nonprofit · EIN 45-3620353

IMPACT CHANGE

Tax-exempt · ROCK HILL, SC 29730

Financials

$769K$838K2023
Revenue Expenses · by fiscal year end
Financials of IMPACT CHANGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$768,886$838,422-$69,536$5,493,736$4,424,374$1,069,362
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$63,550
Program service revenue
$0
Investment income
$0
Net rental income
$705,182
Other revenue
$705,336

Expenses

Grants and similar amounts paid
$5,994
Compensation of officers, directors and key employees
$0
Other salaries and wages
$61,774
Salaries, compensation and benefits (total)
$66,164
Professional fundraising fees
$0
Travel
$7,494
Depreciation
$132,109
Program services (functional)
$822,382
Management and general (functional)
$16,040

Balance sheet and other

Total assets, start of year
$5,582,897
Total assets, end of year
$5,493,736
Total liabilities, end of year
$4,424,374
Net assets, end of year
$1,069,362
Land, buildings and equipment
$3,803,250
Gross receipts
$768,886
Employees
2
Year formed
2011
State of legal domicile
SC

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
Vincent JamesPresident
Trustee or director, Officer
40$0
Vincent James IITreasurer1$0
Venita JamesSecretary1$0
Arthur BailyBoard Member1$0
Sedrick MaCallumBoard Member1$0

Address and contacts

Address (IRS master file)
1227 SALUDA ST STE 102, ROCK HILL, SC 29730-6226
In care of
% VINCENT L JAMES
Signed the 990
Vincent James, Director
Phone
(704) 919-1754
Return prepared by
LB&J Certified Public Accountants PL

Mission

The Organization's primary objective is to provide affordable housing to lower-income families and aid in supporting povershed families with clothing, grocery, etc.

990 for the year ended December 31, 2023

Program accomplishments

  • Impact Change is proud to focus on economic and community development and stabilization in North Carolina and South Carolina. Currently we are aiding the housing needs and personal needs of community members in Char-Meck, NC, and Rock Hill, SC communities. Our current community development project, Woodland Park, is made-up of 67 single family residential units, near the heart of downtown Rock Hill, SC. Throughout the last 36 months, we have re-invested proceeds to rehabilitate 62 homes
    Expenses $822,382 · revenue $768,886

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-3620353
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
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,493,736
Income (IRS master file)
$768,886

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$768,886$838,422$5,493,736XML
990December 2022$969,301$754,542$5,582,897IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 45-3620353).

Questions about IMPACT CHANGE

What is the EIN of IMPACT CHANGE?
The employer identification number (EIN) of IMPACT CHANGE is 45-3620353.
Is IMPACT CHANGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to IMPACT CHANGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IMPACT CHANGE 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 IMPACT CHANGE 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 IMPACT CHANGE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who are the officers and directors of IMPACT CHANGE?
The 990 for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does IMPACT CHANGE have?
On its 990 for the year ended December 31, 2023 it reported revenue of $768,886, expenses of $838,422 and total assets of $5,493,736 at year end.

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