Nonprofit · EIN 46-3644554
PARSONS AVENUE REDEVELOPMENT CORPORATION
Tax-exempt · COLUMBUS, OH 43206
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $61,686 | $101,063 | -$39,377 | $128,425 | $0 | $128,425 |
| December 31, 2023 | 990 | $39,092 | $97,809 | -$58,717 | $169,102 | $1,300 | $167,802 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $61,686
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $335
- Program services (functional)
- $97,818
- Management and general (functional)
- $3,246
- Fundraising (functional)
- -$1
Balance sheet and other
- Total assets, start of year
- $169,102
- Total assets, end of year
- $128,425
- Total liabilities, end of year
- $0
- Net assets, end of year
- $128,425
- Land, buildings and equipment
- $100,000
- Net assets without donor restrictions
- $128,425
- Gross receipts
- $61,686
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2014
- State of legal domicile
- OH
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 |
|---|---|---|---|
| JASON REECE | CHAIRPERSON Trustee or director, Officer | 3 | $0 |
| TAYLOR FANTE | TREASURER Trustee or director, Officer | 3 | $0 |
| BRITTANY EDDY | DIRECTOR Trustee or director | 2 | $0 |
| SAMUEL RICKS | DIRECTOR Trustee or director | 2 | $0 |
| KRISTIAN VANDEMARK | DIRECTOR Trustee or director | 2 | $0 |
| BEN WILLIAMS | DIRECTOR Trustee or director | 2 | $0 |
| BRICE KASEE | DIRECTOR Trustee or director | 2 | $0 |
| AMANDA REYNOLDS | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL WHITMAN | DIRECTOR Trustee or director | 2 | $0 |
| KEITH WILBUR | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON REECE | CHAIR, DIRECTOR Trustee or director, Officer | 3 | $0 |
| MILLICENT HURTT | TREASURER, DIRECTOR Trustee or director, Officer | 3 | $0 |
| TAIMUR CHAUDHRI | DIRECTOR Trustee or director | 2 | $0 |
| LOGAN DAWSON | DIRECTOR Trustee or director | 2 | $0 |
| CARLA FOUNTAINE | DIRECTOR Trustee or director | 2 | $0 |
| ALYSSA GARCIA | DIRECTOR Trustee or director | 2 | $0 |
| JORDAN HENDERSON | DIRECTOR Trustee or director | 2 | $0 |
| BRICE KASEE | DIRECTOR Trustee or director | 2 | $0 |
| AMANDA REYNOLDS | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL WHITMAN | DIRECTOR Trustee or director | 2 | $0 |
| KEITH WILBUR | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 946 PARSONS AVE, COLUMBUS, OH 43206-2346
- In care of
- % HAMILTON J TEAFORD
- Principal officer (990 for 2024)
- MICHAEL PREMO, 946 PARSONS AVENUE, COLUMBUS, OH 43206
- Signed the 990
- MICHAEL PREMO, EXECUTIVE DIRECTOR
- Phone
- (614) 445-7342
- Return prepared by
- GBQ PARTNERS LLC
Mission
TO REVITALIZE PARSONS AVENUE IN COLUMBUS IN ORDER TO ENHANCE THE QUALITY OF LIFE FOR RESIDENTS IN THE ADJACENT NEIGHBORHOODS AND CREATE A STABLE BUSNIESS ENVIRONMENT.
Program accomplishments
- RENOVATION OF COMMERCIAL PROPERTIES AT 921-923 PARSONS AVENUE.Expenses $97,818
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
- 46-3644554
- 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)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $128,425
- Income (IRS master file)
- $61,686
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $61,686 | $101,063 | $128,425 | IRS |
| 990 | December 2023 | $39,092 | $97,809 | $169,102 | XML |
| 990 | December 2022 | $325,933 | $137,972 | $235,009 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 46-3644554).
Questions about PARSONS AVENUE REDEVELOPMENT CORPORATION
- What is the EIN of PARSONS AVENUE REDEVELOPMENT CORPORATION?
- The employer identification number (EIN) of PARSONS AVENUE REDEVELOPMENT CORPORATION is 46-3644554.
- Is PARSONS AVENUE REDEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to PARSONS AVENUE REDEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARSONS AVENUE REDEVELOPMENT CORPORATION 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 PARSONS AVENUE REDEVELOPMENT CORPORATION 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 PARSONS AVENUE REDEVELOPMENT CORPORATION 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 PARSONS AVENUE REDEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names MICHAEL PREMO.
- Who are the officers and directors of PARSONS AVENUE REDEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does PARSONS AVENUE REDEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $61,686, expenses of $101,063 and total assets of $128,425 at year end.
Other nonprofits in COLUMBUS
- JOBSOHIO BEVERAGE SYSTEM EIN 20-1255734 · last filed 990 for 2025
- COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION EIN 76-0704655 · last filed 990 for 2024
- STRS OHIO TX REAL ESTATE INVESTMENTS INC EIN 46-5084084 · last filed 990 for 2025
- IMPACT COMMUNITY ACTION EIN 20-5536173 · last filed 990 for 2024
- CAMPUS PARTNERS FOR COMMUNITY URBAN REDEVELOPMENT EIN 31-1425735 · last filed 990 for 2025
- OHIO COMMUNITY DEVELOPMENT FINANCE FUND EIN 31-1229532 · last filed 990 for 2024
- OHIO CAPITAL FINANCE CORPORATION EIN 01-0634942 · last filed 990 for 2024
- OMA EDUCATIONAL AND INDUSTRIAL DEVELOPMENT INSTITUTE EIN 31-1105962 · last filed 990 for 2024
All nonprofits in COLUMBUS · Ohio · Community improvement and capacity building