Nonprofit · EIN 46-0993106
CHAMPION IMPACT CAPITAL
Tax-exempt · DALLAS, TX 75208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $275,032 | $48,087 | $226,945 | $6,028,046 | $82,122 | $5,945,924 |
| December 31, 2023 | 990 | $93,795 | $12,006 | $81,789 | $5,900,983 | $180,554 | $5,720,429 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $200,000
- Program service revenue
- $0
- Investment income
- $74,948
- Other revenue
- $84
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $19,375
- Management and general (functional)
- $22,047
- Fundraising (functional)
- $26,040
Balance sheet and other
- Total assets, start of year
- $5,900,983
- Total assets, end of year
- $6,028,046
- Total liabilities, end of year
- $82,122
- Net assets, end of year
- $5,945,924
- Net assets without donor restrictions
- $5,945,924
- Gross receipts
- $275,032
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2012
- State of legal domicile
- TX
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 |
|---|---|---|---|
| Trent Petty | Chair Trustee or director, Officer | 1 | $0 |
| Jay Altizer | Treasurer Trustee or director, Officer | 1 | $0 |
| Dr David Chard | Secretary Trustee or director, Officer | 1 | $0 |
| Michelle Corson | CEO & Director Trustee or director, Officer | 15 | $0 |
| Jeremy Cox | Director Trustee or director | 1 | $0 |
| Mary Hatcher | Director Trustee or director | 1 | $0 |
| Plamen Jordanoff | Director Trustee or director | 1 | $0 |
| Dr Sana Syed | Director Trustee or director | 1 | $0 |
| Dr Michael Yeung | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRENT PETTY | CHAIR Trustee or director, Officer | 1 | $0 |
| JAY ALTIZER | TREASURER Trustee or director, Officer | 1 | $0 |
| DR DAVID CHARD | SECRETARY Trustee or director, Officer | 1 | $0 |
| MICHELLE CORSON | CEO & DIRECTOR Trustee or director, Officer | 15 | $0 |
| JEREMY COX | DIRECTOR Trustee or director | 1 | $0 |
| MARY HATCHER | DIRECTOR Trustee or director | 1 | $0 |
| PLAMEN JORDANOFF | DIRECTOR Trustee or director | 1 | $0 |
| DR SANA SYED | DIRECTOR Trustee or director | 1 | $0 |
| DR MICHAEL YEUNG | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 202 W COMSTOCK STREET, DALLAS, TX 75208-2111
- In care of
- % MICHELLE CORSON
- Mailing address (990-N for 2020)
- 1500 North Loop 12, Irving TX 75061
- Principal officer (990 for 2024)
- Michelle Corson, 202 W Comstock Street, Dallas, TX 75208
- Principal officer (990-N for 2020)
- Michelle Corson, 1500 North Loop 12, Irving TX 76051
- Signed the 990
- Michelle Corson, CEO
- Phone
- (214) 226-2542
- Website
- www.championcapital.org
Mission
Lift People from Poverty and Strengthen Communities.
Program accomplishments
- The organization created a technology platform for the EDA/Department of Commerce that Matched Eligible COVID Recovery Projects with Capitalization Strategies and Investment.0
- The Organization Participated in a New Markets Tax Credit Transaction to Invest in Severely Distressed Census Tracts.0
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
- 46-0993106
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W20)
- Assets (IRS master file)
- $6,028,046
- Income (IRS master file)
- $275,032
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $275,032 | $48,087 | $6,028,046 | IRS |
| 990 | December 2023 | $93,795 | $12,006 | $5,900,983 | XML |
| 990 | December 2022 | $288,358 | $234,563 | $5,834,197 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Michelle Corson | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Michelle Corson | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 46-0993106).
Questions about CHAMPION IMPACT CAPITAL
- What is the EIN of CHAMPION IMPACT CAPITAL?
- The employer identification number (EIN) of CHAMPION IMPACT CAPITAL is 46-0993106.
- Is CHAMPION IMPACT CAPITAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to CHAMPION IMPACT CAPITAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHAMPION IMPACT CAPITAL 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 CHAMPION IMPACT CAPITAL 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 CHAMPION IMPACT CAPITAL 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 CHAMPION IMPACT CAPITAL?
- The 990 for the year ended December 31, 2024 names Michelle Corson.
- Who are the officers and directors of CHAMPION IMPACT CAPITAL?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does CHAMPION IMPACT CAPITAL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $275,032, expenses of $48,087 and total assets of $6,028,046 at year end.
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