Nonprofit · EIN 52-1675423
PORTALS PUBLIC IMPROVEMENTS ASSOC
Tax-exempt · WASHINGTON, DC 20024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,149,208 | $654,519 | $494,689 | $10,036,949 | $85,174 | $9,951,775 |
| December 31, 2023 | 990 | $867,308 | $473,356 | $393,952 | $9,472,233 | $15,147 | $9,457,086 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $929,824
- Investment income
- $219,384
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $52,147
- Salaries, compensation and benefits (total)
- $73,528
- Professional fundraising fees
- $0
- Legal fees
- $101,936
- Accounting fees
- $6,557
- Depreciation
- $649
- Program services (functional)
- $647,319
- Management and general (functional)
- $7,200
Balance sheet and other
- Total assets, start of year
- $9,472,233
- Total assets, end of year
- $10,036,949
- Total liabilities, end of year
- $85,174
- Net assets, end of year
- $9,951,775
- Land, buildings and equipment
- $323
- Gross receipts
- $1,149,208
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1989
- State of legal domicile
- DC
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 |
|---|---|---|---|
| STEVEN A GRIGG | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| RICHARD L KRAMER | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 0.1 | $0 |
| FRANKLIN L HANEY | DIRECTOR Trustee or director | 0.1 | $0 |
| SUSAN HINSON | TREASURER Trustee or director, Officer | 4 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN A GRIGG | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| RICHARD L KRAMER | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 0.1 | $0 |
| GEORGE W CANTRELL | TREASURER THRU SEP 2021 Trustee or director, Officer | 4 | $0 |
| FRANKLIN L HANEY | DIRECTOR Trustee or director | 0.1 | $0 |
| SUSAN HINSON | TREASURER Trustee or director, Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 MARYLAND AVE SW STE 850, WASHINGTON, DC 20024-2259
- In care of
- % SUSAN HINSON
- Principal officer (990 for 2024)
- STEVEN GRIGG, 1201 MARYLAND AVE SW 850, WASHINGTON, DC 20024
- Signed the 990
- STEVEN GRIGG, PRESIDENT
- Phone
- (202) 552-5300
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
THE ASSOCIATION FUNCTIONS TO PROVIDE FOR THE MAINTENANCE OF THE PUBLIC IMPROVEMENTS COVERED BY THE DECLARATION OF EASEMENTS AND COVENANTS OF THE PORTALS RECORDED IN THE LAND RECORDS OF THE DISTRICT OF COLUMBIA ON JUNE 29, 1989 LOCATED IN SOUTHWEST WASHINGTON, DC.
Program accomplishments
- THE ASSOCIATION PROVIDED FOR THE MAINTENANCE OF THE MARYLAND AVENUE IMPROVEMENTS, TWO PEDESTRIAN PLAZAS, A PEDESTRIAN BRIDGE, AND A STRUCTURE ENCLOSING THE RAILROAD TRACKS.Expenses $647,319 · revenue $929,824
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
- 52-1675423
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,036,949
- Income (IRS master file)
- $1,149,208
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,149,208 | $654,519 | $10,036,949 | IRS |
| 990 | December 2023 | $867,308 | $473,356 | $9,472,233 | XML |
| 990 | December 2022 | $714,427 | $391,390 | $9,193,929 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 52-1675423).
Questions about PORTALS PUBLIC IMPROVEMENTS ASSOC
- What is the EIN of PORTALS PUBLIC IMPROVEMENTS ASSOC?
- The employer identification number (EIN) of PORTALS PUBLIC IMPROVEMENTS ASSOC is 52-1675423.
- Is PORTALS PUBLIC IMPROVEMENTS ASSOC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1996.
- Are donations to PORTALS PUBLIC IMPROVEMENTS ASSOC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PORTALS PUBLIC IMPROVEMENTS ASSOC 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 PORTALS PUBLIC IMPROVEMENTS ASSOC 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 PORTALS PUBLIC IMPROVEMENTS ASSOC 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 PORTALS PUBLIC IMPROVEMENTS ASSOC?
- The 990 for the year ended December 31, 2024 names STEVEN GRIGG.
- Who are the officers and directors of PORTALS PUBLIC IMPROVEMENTS ASSOC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does PORTALS PUBLIC IMPROVEMENTS ASSOC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,149,208, expenses of $654,519 and total assets of $10,036,949 at year end.
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