Nonprofit · EIN 47-2509570
RALEIGH DREAM CENTER
Tax-exempt · RALEIGH, NC 27615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,935,599 | $4,316,438 | -$380,839 | $1,536,316 | $0 | $1,536,316 |
| December 31, 2024 | 990 | $4,964,282 | $4,577,537 | $386,745 | $1,916,893 | $0 | $1,916,893 |
| December 31, 2023 | 990 | $3,658,446 | $4,397,471 | -$739,025 | $1,530,149 | $0 | $1,530,149 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,942,412
- Program service revenue
- $0
- Investment income
- $18,025
- Net gain from sales of assets
- $716
- Net income from fundraising events
- -$37,092
- Other revenue
- -$24,838
Expenses
- Grants and similar amounts paid
- $2,509,960
- Compensation of officers, directors and key employees
- $56,967
- Other salaries and wages
- $864,966
- Salaries, compensation and benefits (total)
- $1,035,349
- Professional fundraising fees
- $42,200
- Accounting fees
- $21,003
- Occupancy
- $212,393
- Travel
- $77,447
- Depreciation
- $95,620
- Program services (functional)
- $4,054,335
- Management and general (functional)
- $95,269
- Fundraising (functional)
- $166,834
Balance sheet and other
- Total assets, start of year
- $1,916,893
- Total assets, end of year
- $1,536,316
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,536,316
- Land, buildings and equipment
- $882,234
- Publicly traded securities
- $273,654
- Net assets without donor restrictions
- $1,536,316
- Gross receipts
- $4,023,472
- Employees
- 56
- Volunteers
- 5,451
- Year formed
- 2014
- State of legal domicile
- NC
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Keola Victorino Pastor | Chief Operating Officer Trustee or director, Officer | 40 | $33,972 | $1,189 |
| Jeremy Porras Pastor | Executive Director Trustee or director, Officer | 40 | $22,995 | $805 |
| Kerry Rouser | Board Chair Trustee or director, Officer | 7 | $0 | $0 |
| Jim Shelton | Board Member Trustee or director | 7 | $0 | $0 |
| Dan Parlin | Board Member Trustee or director | 7 | $0 | $0 |
| Rob Zelem | Board Member Trustee or director | 7 | $0 | $0 |
| Graham Andres | Board Member Trustee or director | 7 | $0 | $0 |
| Stephanie Mann | Board Member Trustee or director | 7 | $0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeremy Porras | Executive Director Trustee or director | 40 | $79,333 |
| Kerry Rouser | Board Chair Trustee or director, Officer | 7 | $0 |
| Jim Shelton | Board Member Trustee or director | 7 | $0 |
| Nick Murphy | Board Treasurer Trustee or director, Officer | 7 | $0 |
| Rob Zelem | Board Member Trustee or director | 7 | $0 |
| John Saparilas | Board Member Trustee or director | 7 | $0 |
| Stephanie Mann | Board Member Trustee or director | 7 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeremy Porras | Executive Director Trustee or director | 40 | $69,000 |
| Kerry Rouser | Board Chair Trustee or director, Officer | 7 | $0 |
| Jim Shelton | Board Vice Chair Trustee or director, Officer | 7 | $0 |
| Nick Murphy | Board Treasurer Trustee or director, Officer | 7 | $0 |
| Jeanette Stephenson | Board Secretary Trustee or director, Officer | 7 | $0 |
| Rob Zelem | Board Member Trustee or director | 7 | $0 |
| John Saparilas | Board Member Trustee or director | 7 | $0 |
| Stephanie Mann | Board Member Trustee or director | 7 | $0 |
Address and contacts
- Address (IRS master file)
- 6325 FALLS OF NEUSE RD APT 35-409, RALEIGH, NC 27615-6884
- In care of
- % RALEIGH DREAM CENTER
- Principal officer (990 for 2025)
- Jeremy Porras, 2519 McGowan Ct, Wake Forest, NC 27587
- Signed the 990
- Jeremy Porras, Executive Director
- Phone
- (919) 867-4446
- Website
- www.RaleighDreamCenter.org
- 990-N for 2015 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Jeremy Porras, 1305 Wellwater Court, Raleigh NC 27614. Mailing address: 6325 Falls of Neuse Dr Ste 35-409, Raleigh NC 27615. Website: www.raleighdreamcenter.org
- Return prepared by
- Lawson Travers CPA PLLC
Mission
To bring hope and restoration through the message of the Gospel to people in the Triangle area by providing social services and community programs to homeless, abused, and impoverished high risk youth, individuals and families.
Program accomplishments
- Adopt-A-Block and Mobile Pantry - RDCs Adopt-A-Block and Mobile Food Pantry outreach reached 35 under-resourced locations with food, clothing, prayer, and other needs - distributing 1,254,690 pounds of food. During November, when SNAP benefits were delayed, RDC opened pop-up food pantries serving an additional 3880 individuals. In addition, 3,000 wrapped Christmas gifts and 3,000 backpacks were given to children at annual events.Expenses $2,946,850 · grants $2,410,185
- Dream Center Discipleship Program - During 2025 RDC had 4 recovery homes for men and 1 recovery home for women. This is a free one-year program that provides housing, food, counseling, and programming to help people walk in sobriety and begin to put the pieces of their lives back together. RDC is able to house 16 men and 4 women in this program. During 2025, 34 men and 8 women experienced the DCD program.Expenses $459,033
- Homeless Family Outreach Family Night/Clothing/Thrift, Street Outreach - RDC has a weekly outreach to people experiencing homelessness. Each Tuesday night RDC transports people to and from the RDC facility for a hot meal, fellowship, worship and bible study. During 2025, approximately 9,500 people attended Tuesday Family Nights.Expenses $141,366 · grants $89,417
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 | 990 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
- 47-2509570
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $1,536,316
- Income (IRS master file)
- $4,023,472
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,935,599 | $4,316,438 | $1,536,316 | XML |
| 990 | December 2024 | $4,964,282 | $4,577,537 | $1,916,893 | XML |
| 990 | December 2023 | $3,658,446 | $4,397,471 | $1,530,149 | XML |
| 990 | December 2022 | $3,177,829 | $2,693,512 | $1,319,869 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Jeremy Porras Filed under this EIN, most likely by a chapter or affiliate | December 31, 2015 | ≤ $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 47-2509570).
Questions about RALEIGH DREAM CENTER
- What is the EIN of RALEIGH DREAM CENTER?
- The employer identification number (EIN) of RALEIGH DREAM CENTER is 47-2509570.
- Is RALEIGH DREAM CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to RALEIGH DREAM CENTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RALEIGH DREAM CENTER 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 RALEIGH DREAM CENTER due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RALEIGH DREAM CENTER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of RALEIGH DREAM CENTER?
- The 990 for the year ended December 31, 2025 names Jeremy Porras.
- Who are the officers and directors of RALEIGH DREAM CENTER?
- The 990 for the year ended December 31, 2025 lists 8 people; 2 received compensation from the organization, the highest $33,972 (Keola Victorino Pastor, Chief Operating Officer).
- How much revenue does RALEIGH DREAM CENTER have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,935,599, expenses of $4,316,438 and total assets of $1,536,316 at year end.
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- INTER-FAITH FOOD SHUTTLE EIN 56-1753180 · last filed 990 for 2025
- THE ARC OF NORTH CAROLINA INC EIN 56-0753097 · last filed 990 for 2025
- METHODIST HOME FOR CHILDREN INC EIN 56-0547482 · last filed 990 for 2025
- RALEIGH RESCUE MISSION INCORPORATED EIN 56-6024168 · last filed 990 for 2025
- TLC OPERATIONS INC EIN 56-1949972 · last filed 990 for 2025