Nonprofit · EIN 47-5221522
RUSSELL DEVELOPMENT COMPANY INC
Tax-exempt · LOUISVILLE, KY 40203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $0 | $0 | $0 | $7,476 | $0 | $7,476 |
| December 31, 2023 | 990 | $7,728,356 | $4,882,424 | $2,845,932 | $7,476 | $0 | $7,476 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- 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
Balance sheet and other
- Total assets, start of year
- $7,476
- Total assets, end of year
- $7,476
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,476
- Net assets without donor restrictions
- $7,476
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- KY
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 |
|---|---|---|---|
| KEVIN SMITH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JULIE DENTON | DIRECTOR Trustee or director | 1 | $0 |
| JOHNETTA ROBERTS | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM MOODY | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN SMITH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JULIE DENTON | DIRECTOR Trustee or director | 1 | $0 |
| JOHNETTA ROBERTS | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM MOODY | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1812 W MUHAMMAD ALI BLVD, LOUISVILLE, KY 40203-1552
- In care of
- % JASON LEE
- Principal officer (990 for 2024)
- KEVIN SMTIH, 1812 WEST MUHAMMAD ALI BOULEVARD, LOUISVILLE, KY 40203
- Signed the 990
- KEVIN SMITH, PRESIDENT
- Phone
- (502) 992-9436
- Return prepared by
- BREEDING HENDERSON & HORD PLLC
Mission
TO REVITALIZE THE RUSSELL NEIGHBORHOOD OF LOUISVILLE, KY THROUGH NEW HOME CONSTRUCTION AND REHABILITATION, AND EXPANDING LOCAL FOOD OPTIONS BY PROVIDING FOOD ENTREPRENEURS A KITCHEN INCUBATOR.
Program accomplishments
- CHEF SPACE IS LOUISVILLES FIRST KITCHEN INCUBATOR. THIS 13,000 SQUARE FOOT FACILITY REPURPOSED THE MUCH-LOVED JAYS CAFETERIA, WHICH HAD BEEN VACANT FOR SEVERAL YEARS. WHILE MANY FOOD ENTREPRENEURS BEGIN IN A HOME KITCHEN, THERE IS OFTEN A NEED FOR GREATER SPACE AND MORE SUITABLE AMENITIES AS THEIR BUSINESS GROWS. THIS NEED FOR LOW-COST KITCHEN SPACE LED TO CHEF SPACE, WHICH CAN BE RENTED FOR HOURLY OR MONTHLY RATES. CHEF SPACE OFFERS MULTIPLE FOOD PREPARATION AND PROCESSING STATIONS, ACCESS TO CAPITAL, STORAGE SPACE, AND TRAINING OPPORTUNITIES FOR ITS MEMBERS. OPENED NOVEMBER 2015, CHEF SPACE CURRENTLY HAS TWENTY SUBSCRIBERS, WITH THE CAPACITY FOR UP TO FIFTY ENTREPRENEURS.
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-5221522
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $7,476
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $0 | $0 | $7,476 | XML |
| 990 | December 2023 | $7,728,356 | $4,882,424 | $7,476 | XML |
| 990 | December 2022 | $312,086 | $440,128 | $5,277,601 | 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 47-5221522).
Questions about RUSSELL DEVELOPMENT COMPANY INC
- What is the EIN of RUSSELL DEVELOPMENT COMPANY INC?
- The employer identification number (EIN) of RUSSELL DEVELOPMENT COMPANY INC is 47-5221522.
- Is RUSSELL DEVELOPMENT COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to RUSSELL DEVELOPMENT COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RUSSELL DEVELOPMENT COMPANY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of RUSSELL DEVELOPMENT COMPANY INC 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 RUSSELL DEVELOPMENT COMPANY INC 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 RUSSELL DEVELOPMENT COMPANY INC?
- The 990 for the year ended December 31, 2024 names KEVIN SMTIH.
- Who are the officers and directors of RUSSELL DEVELOPMENT COMPANY INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does RUSSELL DEVELOPMENT COMPANY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $0, expenses of $0 and total assets of $7,476 at year end.
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