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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 54-1884569

OAKMONT COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt · NORFOLK, VA 23513

Financials

$103K$115K2023$137K$200K2024
Revenue Expenses · by fiscal year end
Financials of OAKMONT COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$136,659$199,628-$62,969$42,952$29,814$13,138
December 31, 2023990-EZ$102,764$114,954-$12,190$102,425$26,318$76,107
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,255
Program service revenue
$134,404

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$68,124
Professional fees and payments to contractors
$4,092
Occupancy
$9,423
Printing, publications and postage
$23
Other expenses
$117,966
Program services (functional)
$192,856

Balance sheet and other

Total assets, start of year
$102,425
Total assets, end of year
$42,952
Total liabilities, end of year
$29,814
Net assets, end of year
$13,138
Cash, savings and investments
$29,196
Gross receipts
$136,659

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.

NameTitleHours / weekCompensation
Mary Redd-NelsonChairman1$0
Cynthia NorrisSecretary1$0
Gladys OwensVice Chairman1$0
Barbara PendletonBoard Member0$0
Jan HarrisTreasurer1$0
Jan HarrisBoard Member1$0
Randy WaltsonBoard Member1$0
Arthur JarrettBoard Member1$0
990-EZ for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Mary Redd-NelsonChairman1$0
Cynthia NorrisSecretary1$0
Gladys OwensVice Chairman1$0
Barbara PendletonBoard Member0$0
Jan HarrisTreasurer1$0
Jan HarrisBoard Member1$0
Randy WaltsonBoard Member1$0
Arthur JarrettBoard Member1$0

Address and contacts

Address (IRS master file)
7010 AUBURN AVE STE M, NORFOLK, VA 23513-1100
In care of
% MARY REDD NELSON
Signed the 990-EZ
Mary Redd-Nelson, Executive Chair
Phone
(757) 857-5513
Return prepared by
Stephen Merritt CPA PC

Mission

The Organization's mission is to function as a multi-service center hosting a variety of programs of value and benefit to its community.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • The Oakmont Community Development Corporation provides programs and services that assist community residents toward a state of self employment. It also functions to foster the educational, social and economic well-being of the community
    Expenses $192,856

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-EZ for OAKMONT COMMUNITY DEVELOPMENT CORPORATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
54-1884569
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$42,952
Income (IRS master file)
$136,659

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$136,659$199,628$42,952XML
990-EZDecember 2023$102,764$114,954$102,425XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 54-1884569).

Questions about OAKMONT COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of OAKMONT COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of OAKMONT COMMUNITY DEVELOPMENT CORPORATION is 54-1884569.
Is OAKMONT COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to OAKMONT COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OAKMONT COMMUNITY DEVELOPMENT CORPORATION 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 OAKMONT COMMUNITY DEVELOPMENT CORPORATION 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 OAKMONT COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of OAKMONT COMMUNITY DEVELOPMENT CORPORATION?
The 990-EZ for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does OAKMONT COMMUNITY DEVELOPMENT CORPORATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $136,659, expenses of $199,628 and total assets of $42,952 at year end.

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