Nonprofit · EIN 47-2477388
LIFE COMMUNITY DEVELOPMENT CORP
Tax-exempt · ROCHESTER, MN 55904
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $37,586 | $31,906 | $5,680 | $7,245 | – | $7,245 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $37,586
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $22,800
- Professional fees and payments to contractors
- $395
- Occupancy
- $5,700
- Other expenses
- $3,011
- Program services (functional)
- $2,865
Balance sheet and other
- Total assets, start of year
- $1,565
- Total assets, end of year
- $7,245
- Total liabilities, end of year
- –
- Net assets, end of year
- $7,245
- Cash, savings and investments
- $7,245
- Gross receipts
- $37,586
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIDNEY FRYE | President | 0 | $0 |
| EVELYN FRYE | Vice President | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 13TH AVE SE, ROCHESTER, MN 55904-4925
- In care of
- % TIERRE A WEBSTER
- Mailing address (990-N for 2024)
- 400 13th Ave SE, Rochester MN 55904
- Principal officer (990-N for 2024)
- Sidney Lee Frye, 2296 Coral Ct NE, Rochester MN 55906
- Signed the 990-EZ
- SIDNEY FRYE, President
- Phone
- (507) 218-5518
- Return prepared by
- Bisbee Income Tax & Accounting Inc
Mission
provide life community development
Program accomplishments
- Provide Life community developmentExpenses $2,865
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 47-2477388
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $7,245
- Income (IRS master file)
- $37,586
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: Sidney Lee Frye | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $37,586 | $31,906 | $7,245 | XML |
| 990-N for 2023 Officer: Sidney Frye | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Sidney Frye | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Sidney Frye | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 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 47-2477388).
Questions about LIFE COMMUNITY DEVELOPMENT CORP
- What is the EIN of LIFE COMMUNITY DEVELOPMENT CORP?
- The employer identification number (EIN) of LIFE COMMUNITY DEVELOPMENT CORP is 47-2477388.
- Is LIFE COMMUNITY DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to LIFE COMMUNITY DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFE COMMUNITY DEVELOPMENT CORP file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LIFE COMMUNITY DEVELOPMENT CORP 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 LIFE COMMUNITY DEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
- Who is the principal officer of LIFE COMMUNITY DEVELOPMENT CORP?
- The 990-N for 2024 names Sidney Lee Frye.
- Who are the officers and directors of LIFE COMMUNITY DEVELOPMENT CORP?
- The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does LIFE COMMUNITY DEVELOPMENT CORP have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $37,586, expenses of $31,906 and total assets of $7,245 at year end.
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All nonprofits in ROCHESTER · Minnesota · Housing and shelter