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Nonprofit · EIN 46-3332662

KEYSTONE DEVELOPMENT LLC

Tax-exempt · JOHNSON CITY, TN 37601

Financials

$606K$440K2022$312K$623K2023$924K$918K2024
Revenue Expenses · by fiscal year end
Financials of KEYSTONE DEVELOPMENT LLC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$924,482$918,313$6,169$4,608,987$268,102$4,340,885
September 30, 2024990$312,151$623,225-$311,074$4,616,133$281,417$4,334,716
September 30, 2023990$605,861$439,640$166,221$4,727,179$271,263$4,455,916
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$519,113
of which government grants
$57,147
Program service revenue
$264,388
Investment income
$15,251
Other revenue
$125,730

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$210,107
Salaries, compensation and benefits (total)
$282,107
Professional fundraising fees
$0
Legal fees
$2,423
Accounting fees
$8,252
Travel
$1,860
Depreciation
$173,854
Program services (functional)
$580,290
Management and general (functional)
$338,023

Balance sheet and other

Total assets, start of year
$4,616,133
Total assets, end of year
$4,608,987
Total liabilities, end of year
$268,102
Net assets, end of year
$4,340,885
Land, buildings and equipment
$4,204,985
Net assets without donor restrictions
$4,340,885
Gross receipts
$924,482
Employees
0
Volunteers
0
Year formed
2013
State of legal domicile
TN

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SAM EDWARDSEXECUTIVE DIRECTOR
Officer
2$0$176,072$35,838
COLIN JOHNSONCHAIRPERSON
Trustee or director, Officer
1$0$0$0
TED GANGERVICE-CHAIRPERSON
Trustee or director, Officer
1$0$0$0
DONNA CHERRYDIRECTOR
Trustee or director
1$0$0$0
WESLEY FLETCHERDIRECTOR
Trustee or director
1$0$0$0
GAIL WATTERSON-PETERSONDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended September 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SAM EDWARDSEXECUTIVE DIRECTOR
Officer
2$0$158,428$24,097
COLLIN JOHNSONCHAIRPERSON
Trustee or director, Officer
1$0$0$0
TED GANGERVICE-CHAIRPERSON
Trustee or director, Officer
1$0$0$0
DONNA CHERRYDIRECTOR
Trustee or director
1$0$0$0
WESLEY FLETCHERDIRECTOR
Trustee or director
1$0$0$0
GAIL WATTERSON-PETERSONDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgs
SAM EDWARDSEXECUTIVE DIRECTOR
Officer
2$0$49,483
COLLIN JOHNSONCHAIRPERSON
Trustee or director, Officer
1$0$0
TED GANGERVICE-CHAIRPERSON
Trustee or director, Officer
1$0$0
DONNA CHERRYDIRECTOR
Trustee or director
1$0$0
WESLEY FLETCHERDIRECTOR
Trustee or director
1$0$0
GAIL WATTERSON-PETERSONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
901 PARDEE ST, JOHNSON CITY, TN 37601-4939
In care of
% JOHNSON CITY HOUSING AUTHORITY SO
Principal officer (990 for 2024)
SAM EDWARDS, 901 PARDEE STREET, JOHNSON CITY, TN 37601
Signed the 990
SAM EDWARDS, PRESIDENT
Phone
(423) 232-4784
Return prepared by
SMITH MARION & CO

Mission

TO PROMOTE AND PROVIDE SAFE, SANITARY, SECURE, AND AFFORDABLE HOUSING FOR THOSE WITH LITTLE OR NO INCOME IN JOHNSON CITY, TENNESSEE

990 for the year ended September 30, 2025

Program accomplishments

  • TO PROMOTE AND PROVIDE SAFE, SANITARY, SECURE, AND AFFORDABLE HOUSING FOR THOSE WITH LITTLE OR NO INCOME IN JOHNSON CITY, TENNESSEE
    Expenses $580,290 · revenue $264,388

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
46-3332662
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
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,608,987
Income (IRS master file)
$924,482

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$924,482$918,313$4,608,987XML
990September 2024$312,151$623,225$4,616,133XML
990September 2023$605,861$439,640$4,727,179XML
990September 2022$490,725$251,115$4,654,603IRS
990September 2021–––IRS
990September 2020–––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 46-3332662).

Questions about KEYSTONE DEVELOPMENT LLC

What is the EIN of KEYSTONE DEVELOPMENT LLC?
The employer identification number (EIN) of KEYSTONE DEVELOPMENT LLC is 46-3332662.
Is KEYSTONE DEVELOPMENT LLC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to KEYSTONE DEVELOPMENT LLC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KEYSTONE DEVELOPMENT LLC 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 KEYSTONE DEVELOPMENT LLC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KEYSTONE DEVELOPMENT LLC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of KEYSTONE DEVELOPMENT LLC?
The 990 for the year ended September 30, 2025 names SAM EDWARDS.
Who are the officers and directors of KEYSTONE DEVELOPMENT LLC?
The 990 for the year ended September 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does KEYSTONE DEVELOPMENT LLC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $924,482, expenses of $918,313 and total assets of $4,608,987 at year end.

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