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Nonprofit · EIN 55-0745158

WOODLANDS DEVELOPMENT GROUP INC

Tax-exempt · ELKINS, WV 26241

Financials

$3.4M$1.5M2023$2.3M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of WOODLANDS DEVELOPMENT GROUP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,321,944$1,805,378$516,566$23,061,495$16,066,242$6,995,253
December 31, 2023990$3,428,708$1,502,981$1,925,727$19,691,957$13,213,270$6,478,687
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$361,503
of which government grants
$337,396
Program service revenue
$1,955,854
Investment income
$4,587
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$670,559
Salaries, compensation and benefits (total)
$670,559
Professional fundraising fees
$0
Occupancy
$12,410
Travel
$12,595
Depreciation
$398,210
Program services (functional)
$1,489,897
Management and general (functional)
$315,481

Balance sheet and other

Total assets, start of year
$19,691,957
Total assets, end of year
$23,061,495
Total liabilities, end of year
$16,066,242
Net assets, end of year
$6,995,253
Land, buildings and equipment
$9,774,624
Net assets without donor restrictions
$6,995,253
Gross receipts
$2,321,944
Employees
0
Volunteers
0
Year formed
1995
State of legal domicile
WV

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.

NameTitleHours / weekCompensation
Dave ClarkExecutive Director
Officer
40$73,957
Adam WilliamsPresident
Trustee or director, Officer
1$0
Andrew CarrollVice President
Trustee or director, Officer
1$0
Timothy HugueninSecretary & Treasurer
Trustee or director, Officer
1$0
Amber VineyardDirector
Trustee or director
1$0
Sam McWhorterDirector
Trustee or director
1$0
Sarah HeuerDirector
Trustee or director
1$0
Libbey HolewskiDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
Dave ClarkExecutive Director
Officer
40$72,507$7,911
Adam WilliamsPresident
Trustee or director, Officer
1$0$0
Andrew CarrollVice President
Trustee or director, Officer
1$0$0
Timothy HugueninSecretary & Treasurer
Trustee or director, Officer
1$0$0
Amber VineyardDirector
Trustee or director
1$0$0
Sam McWhorterDirector
Trustee or director
1$0$0
Sarah HeuerDirector
Trustee or director
1$0$0
Libbey HolewskiDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
316 RAILROAD AVE STE 310, ELKINS, WV 26241-4235
In care of
% ROBIN VANNOY
Principal officer (990 for 2024)
Adam Williams, 3 1/2 Graham Street, Elkins, WV 26241
Signed the 990
Adam Williams, President
Phone
(304) 404-2300
Return prepared by
DOOLEY & VICARS CERTIFIED PUBLIC

Mission

Woodlands Development Group helps build healthy, viable communities in the region by developing sustainable, affordable housing and supporting economic initiatives.

990 for the year ended December 31, 2024

Program accomplishments

  • In 2023, Woodlands completed construction on a 56-room hotel development project in downtown Elkins to the point of receiving a certificate of occupancy. We initiated a 20-unit Low Income Housing Tax Credit and Historic Rehab project in Rupert in Greenbrier County. A vacant and dilapidated house was demolished and we began construction on a new single family home, and we started constructing a 2-unit 3-bedroom apartment project. Both of these are infill projects on properties located in central Elkins neighborhoods, designed as owner-occupied or rental workforce housing.
    Expenses $1,489,897 · revenue $1,955,854

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
55-0745158
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,061,495
Income (IRS master file)
$2,321,944

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,321,944$1,805,378$23,061,495XML
990December 2023$3,428,708$1,502,981$19,691,957XML
990December 2022$1,434,117$1,296,467$17,746,868IRS
990December 2021–––IRS
990December 2020–––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 55-0745158).

Questions about WOODLANDS DEVELOPMENT GROUP INC

What is the EIN of WOODLANDS DEVELOPMENT GROUP INC?
The employer identification number (EIN) of WOODLANDS DEVELOPMENT GROUP INC is 55-0745158.
Is WOODLANDS DEVELOPMENT GROUP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to WOODLANDS DEVELOPMENT GROUP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WOODLANDS DEVELOPMENT GROUP INC 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 WOODLANDS DEVELOPMENT GROUP 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 WOODLANDS DEVELOPMENT GROUP 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 WOODLANDS DEVELOPMENT GROUP INC?
The 990 for the year ended December 31, 2024 names Adam Williams.
Who are the officers and directors of WOODLANDS DEVELOPMENT GROUP INC?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $73,957 (Dave Clark, Executive Director).
How much revenue does WOODLANDS DEVELOPMENT GROUP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,321,944, expenses of $1,805,378 and total assets of $23,061,495 at year end.

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