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Nonprofit · EIN 47-1223273

360 COMMUNITY DEVELOPMENT CORPORATION INC

Tax-exempt · BOWIE, MD 20715

Financials

$272K$260K2023
Revenue Expenses · by fiscal year end
Financials of 360 COMMUNITY DEVELOPMENT CORPORATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2024990$272,019$260,461$11,558$197,991$167,185$30,806
Financial details: 990 for the year ended May 31, 2024

Revenue

Contributions, gifts and grants
$49,900
Program service revenue
$210,745
Investment income
$11,374
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$260,461

Balance sheet and other

Total assets, start of year
$198,064
Total assets, end of year
$197,991
Total liabilities, end of year
$167,185
Net assets, end of year
$30,806
Publicly traded securities
$180,790
Net assets without donor restrictions
$30,806
Gross receipts
$272,019
Employees
1
Volunteers
0
Year formed
2014
State of legal domicile
MD

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 May 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Henry Searcy JrPresident
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
16701 MELFORD BLVD STE 400, BOWIE, MD 20715-4411
In care of
% HENRY SEARCY JR
Mailing address (990-N for 2019)
16701 Melford Blvd Suite 400, Bowie MD 20715
Principal officer (990 for 2023)
Henry Searcy Jr, 12804 Willow Marsh Lane, Bowie, MD 20720
Principal officer (990-N for 2019)
Henry Searcy Jr, 12804 Willow Marsh Lane, Bowie MD 20720
Signed the 990
Henry Searcy Jr, Owner Executive Director
Phone
(202) 904-9052

Mission

We work with State and local governments apartment management companies investors and landlords to facilitate grants low subsidy loans to create decent safe and affordable housing units and other beneficial programs. We offer all the necessary services to obtain capital financing and assure the quality of housing construction and property management for projects located in Maryland Prince Georges Montgomery and Baltimore counties

990 for the year ended May 31, 2024

Program accomplishments

  • Affordable Roofing Repair Program
    Expenses $83,737
  • Water Heater Repair and Replacement Program
    Expenses $111,650
  • Appliance Repair Program
    Expenses $27,913
  • see program business expenses
    Expenses $37,161

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

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025Not on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
47-1223273
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
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B94)
Assets (IRS master file)
$197,991
Income (IRS master file)
$272,019

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2024$272,019$260,461$197,991XML
990December 2022–––IRS
990-EZMay 2022–––IRS
990-EZMay 2021–––IRS
990-N for 2019
Officer: Henry Searcy Jr
May 31, 2020≤ $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 47-1223273).

Questions about 360 COMMUNITY DEVELOPMENT CORPORATION INC

What is the EIN of 360 COMMUNITY DEVELOPMENT CORPORATION INC?
The employer identification number (EIN) of 360 COMMUNITY DEVELOPMENT CORPORATION INC is 47-1223273.
Is 360 COMMUNITY DEVELOPMENT CORPORATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to 360 COMMUNITY DEVELOPMENT CORPORATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 360 COMMUNITY DEVELOPMENT CORPORATION 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 360 COMMUNITY DEVELOPMENT CORPORATION INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did 360 COMMUNITY DEVELOPMENT CORPORATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2024.
Who is the principal officer of 360 COMMUNITY DEVELOPMENT CORPORATION INC?
The 990 for the year ended May 31, 2024 names Henry Searcy Jr.
Who are the officers and directors of 360 COMMUNITY DEVELOPMENT CORPORATION INC?
The 990 for the year ended May 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does 360 COMMUNITY DEVELOPMENT CORPORATION INC have?
On its 990 for the year ended May 31, 2024 it reported revenue of $272,019, expenses of $260,461 and total assets of $197,991 at year end.

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