Nonprofit · EIN 47-1691856
HISTORIC SOUTH INITIATIVE
Tax-exempt · TOLEDO, OH 43697
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,736,541 | $6,025,281 | -$288,740 | $2,522,940 | $1,283,113 | $1,239,827 |
| December 31, 2023 | 990 | $3,441,609 | $3,049,947 | $391,662 | $2,024,263 | $55,642 | $1,968,621 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,816,669
- of which government grants
- $5,159,522
- Program service revenue
- $0
- Investment income
- -$141,940
- Net rental income
- $59,682
- Net gain from sales of assets
- -$193,771
- Net income from fundraising events
- $2,130
- Other revenue
- $61,812
Expenses
- Grants and similar amounts paid
- $240,417
- Compensation of officers, directors and key employees
- $114,492
- Other salaries and wages
- $215,099
- Salaries, compensation and benefits (total)
- $356,557
- Professional fundraising fees
- $0
- Occupancy
- $8,273
- Travel
- $13,606
- Depreciation
- $15,030
- Program services (functional)
- $5,814,800
- Management and general (functional)
- $145,077
- Fundraising (functional)
- $65,404
Balance sheet and other
- Total assets, start of year
- $2,024,263
- Total assets, end of year
- $2,522,940
- Total liabilities, end of year
- $1,283,113
- Net assets, end of year
- $1,239,827
- Land, buildings and equipment
- $642,169
- Publicly traded securities
- $228,516
- Net assets without donor restrictions
- $1,192,827
- Net assets with donor restrictions
- $47,000
- Gross receipts
- $6,326,181
- Employees
- 4
- Volunteers
- 30
- 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 |
|---|---|---|---|
| CHRISTOPHER J AMATO | DIRECTOR Officer | 60 | $87,692 |
| CARL WAGNER | INTERIM EXECUTIVE DIRECTOR/CHAIR Trustee or director, Officer | 60 | $26,800 |
| AMY HALL | DIRECTOR Trustee or director, Officer | 2 | $0 |
| JUAN FRANCISCO MOLINA | DIRECTOR Trustee or director | 2 | $0 |
| HUSSIEN SHOUSHER | DIRECTOR Trustee or director | 2 | $0 |
| PAUL TOTH | DIRECTOR Trustee or director | 2 | $0 |
| CELESTE TAYLOR | DIRECTOR Trustee or director | 2 | $0 |
| MARY PILCHER | DIRECTOR Trustee or director | 2 | $0 |
| ANNE RUCH | DIRECTOR (THRU 6/2024) Trustee or director | 2 | $0 |
| JIM BINGLE | DIRECTOR Trustee or director | 2 | $0 |
| BRET CLARK | DIRECTOR Trustee or director | 2 | $0 |
| MATT ASTON | DIRECTOR (THRU 3/2024) Trustee or director | 2 | $0 |
| EILEEN RIPSIN | DIRECTOR Trustee or director | 2 | $0 |
| SYDNEY WILIAMS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER J AMATO | DIRECTOR Officer | 60 | $120,000 |
| AMY HALL | DIRECTOR Trustee or director, Officer | 2 | $0 |
| JUAN FRANCISCO MOLINA | DIRECTOR Trustee or director | 2 | $0 |
| HUSSIEN SHOUSHER | DIRECTOR Trustee or director | 2 | $0 |
| CARL WAGNER | DIRECTOR Trustee or director | 2 | $0 |
| PAUL TOTH | DIRECTOR Trustee or director | 2 | $0 |
| CELESTE TAYLOR | DIRECTOR Trustee or director | 2 | $0 |
| MARY PILCHER | DIRECTOR Trustee or director | 2 | $0 |
| ANNE RUCH | DIRECTOR Trustee or director | 2 | $0 |
| JIM BINGLE | DIRECTOR Trustee or director | 2 | $0 |
| BRET CLARK | DIRECTOR Trustee or director | 2 | $0 |
| MATT ASTON | DIRECTOR Trustee or director | 2 | $0 |
| DICK TORCHIA | DIRECTOR Trustee or director | 2 | $0 |
| EILEEN RIPSIN | DIRECTOR Trustee or director | 2 | $0 |
| SIDNEY WILIAMS | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1008, TOLEDO, OH 43697-1008
- In care of
- % CHRISTOPHER J AMATO
- Principal officer (990 for 2024)
- CARL WAGNER, PO BOX 1008, TOLEDO, OH 43697
- Signed the 990
- BRET CLARK, DIRECTOR
- Phone
- (419) 902-1133
- Website
- WWW.HISTORICSOUTH.ORG
- Return prepared by
- GBQ PARTNERS LLC
Mission
HISTORIC SOUTH INITIATIVE DEVELOPS BOLD, LONG-TERM, MEASURABLE STRATEGIES AND FACILITATES PARTNERSHIPS TO PROMOTE THE ONGOING DEVELOPMENT OF A VIBRANT, THRIVING OLD SOUTH END NEIGHBORHOOD. PRIORITIES INCLUDE HOUSING, EDUCATION, COMMERCIAL DEVELOPMENT AND SUPPORT OF OTHER ORGANIZATIONS.
Program accomplishments
- HOUSING - RENOVATED MULTIPLE HOUSING UNITS WITH NEW ROOFS, SIDING, PAINTING AND WINDOWS WHICH INCLUDED: LEAD ABATEMENT/CONTAINMENT IN COMPLIANCE WITH THE STATE OF OHIO APPROPRIATION.Expenses $5,768,482 · grants $240,417
- EDUCATION - PROVIDED FUNDING FOR BABY UNIVERSITY/MOSAIC EARLY LEARNING CENTER FOR THE TRAINING OF STAFF AND FOR THE START UP OF THE PRE-K CENTER.HSI STAFFED AND OPERATED A SUMMER PROGRAM AT QUEEN OF APOSTLES. HSI HIRED AND PAID THE STAFF. HSI PAID ALL ADDITIONAL EXPENSES, USING DONATIONS FROM INDIVIDUALS.HSI STAFFED AND OPERATED AN AFTER SCHOOL PROGRAM AT QUEEN OF APOSTLES IN SEMESTER ONE OF 2024-2025 SCHOOL YEAR. HSI HIRED AND PAID STAFF. EXPENSES WERE PAID USING A GRANT FROM THE GTCF SISTERS OF ST FRANCIS GRANT.Expenses $46,318
- COMMUNITY SERVICE FUNDED VARIOUS OLD SOUTH END ORGANIZATIONS - THROUGH SUPPORT OF THEIR ANNUAL BANQUETS, NEIGHBORHOOD CLEAN UP EFFORTS ETC.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
- 47-1691856
- 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)
- $2,522,940
- Income (IRS master file)
- $6,326,181
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,736,541 | $6,025,281 | $2,522,940 | IRS |
| 990 | December 2023 | $3,441,609 | $3,049,947 | $2,024,263 | XML |
| 990 | December 2022 | $2,301,714 | $2,025,588 | $1,419,667 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 47-1691856).
Questions about HISTORIC SOUTH INITIATIVE
- What is the EIN of HISTORIC SOUTH INITIATIVE?
- The employer identification number (EIN) of HISTORIC SOUTH INITIATIVE is 47-1691856.
- Is HISTORIC SOUTH INITIATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to HISTORIC SOUTH INITIATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HISTORIC SOUTH INITIATIVE 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 HISTORIC SOUTH INITIATIVE 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 HISTORIC SOUTH INITIATIVE 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 HISTORIC SOUTH INITIATIVE?
- The 990 for the year ended December 31, 2024 names CARL WAGNER.
- Who are the officers and directors of HISTORIC SOUTH INITIATIVE?
- The 990 for the year ended December 31, 2024 lists 14 people; 2 received compensation from the organization, the highest $87,692 (CHRISTOPHER J AMATO, DIRECTOR).
- How much revenue does HISTORIC SOUTH INITIATIVE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,736,541, expenses of $6,025,281 and total assets of $2,522,940 at year end.
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