Nonprofit · EIN 56-1236679
MCDOWELL HOUSING CORPORATION
Tax-exempt · GREENVILLE, SC 29606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $611,186 | $604,934 | $6,252 | $1,063,931 | $1,379,374 | -$315,443 |
| December 31, 2023 | 990 | $596,634 | $616,829 | -$20,195 | $1,079,181 | $1,400,876 | -$321,695 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $411,536
- of which government grants
- $411,536
- Program service revenue
- $189,290
- Investment income
- $273
- Other revenue
- $10,087
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,500
- Occupancy
- $283,734
- Depreciation
- $42,598
- Program services (functional)
- $485,919
- Management and general (functional)
- $119,015
Balance sheet and other
- Total assets, start of year
- $1,079,181
- Total assets, end of year
- $1,063,931
- Total liabilities, end of year
- $1,379,374
- Net assets, end of year
- -$315,443
- Land, buildings and equipment
- $524,967
- Net assets without donor restrictions
- -$315,443
- Gross receipts
- $611,186
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1979
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY RAMSEY | PRESIDENT Trustee or director, Officer | 0 | $0 |
| ALLEN MCKINNEY | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| JAMES WASHBURN | SECRETARY/TREASURER Trustee or director, Officer | 0 | $0 |
| LARRY BYRD | DIRECTOR Trustee or director | 0 | $0 |
| JANE WOODARD | DIRECTOR Trustee or director | 0 | $0 |
| DOUG JOHNSON | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY RAMSEY | PRESIDENT Trustee or director, Officer | 0 | $0 |
| ALLEN MCKINNEY | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| JAMES WASHBURN | SECRETARY/TREASURER Trustee or director, Officer | 0 | $0 |
| CLINE PYATT | DIRECTOR Trustee or director | 0 | $0 |
| DEBORAH LANEY | DIRECTOR Trustee or director | 0 | $0 |
| DOUG JOHNSON | DIRECTOR Trustee or director | 0 | $0 |
| GERETHA BYRD | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5539, GREENVILLE, SC 29606-5539
- Principal officer (990 for 2024)
- LARRY RAMSEY, PO BOX 5539, GREENVILLE, SC 29606
- Signed the 990
- LARRY RAMSEY, PRESIDENT
- Phone
- (336) 765-3906
- Return prepared by
- DAUBY O'CONNOR & ZALESKI LLC
Mission
TO PROVIDE LOW INCOME HOUSING TO FAMILIES AND INDIVIDUALS IN MARION, NORTH CAROLINA.
Program accomplishments
- MCDOWELL HOUSING CORPORATION, A NORTH CAROLINA NOTFORPROFIT CORPORATION, WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 60UNIT APARTMENT COMMUNITY IN MARION, NORTH CAROLINA, KNOWN AS BLUE RIDGE TERRACE APARTMENTS, PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP) PROVIDES RENT FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT.Expenses $485,919 · revenue $189,290
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
- 56-1236679
- 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
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $1,063,931
- Income (IRS master file)
- $611,186
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $611,186 | $604,934 | $1,063,931 | XML |
| 990 | December 2023 | $596,634 | $616,829 | $1,079,181 | XML |
| 990 | December 2022 | $586,096 | $511,280 | $1,095,051 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 56-1236679).
Questions about MCDOWELL HOUSING CORPORATION
- What is the EIN of MCDOWELL HOUSING CORPORATION?
- The employer identification number (EIN) of MCDOWELL HOUSING CORPORATION is 56-1236679.
- Is MCDOWELL HOUSING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to MCDOWELL HOUSING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MCDOWELL HOUSING 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 MCDOWELL HOUSING 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 MCDOWELL HOUSING CORPORATION 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 MCDOWELL HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 names LARRY RAMSEY.
- Who are the officers and directors of MCDOWELL HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does MCDOWELL HOUSING CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $611,186, expenses of $604,934 and total assets of $1,063,931 at year end.
Other nonprofits in GREENVILLE
- HOMES OF HOPE INC EIN 57-1069688 · last filed 990 for 2025
- GREENVILLE HOUSING FUND EIN 84-2931315 · last filed 990 for 2024
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 57-0827063 · last filed 990 for 2025
- COMMUNITY WORKS EIN 26-0421563 · last filed 990 for 2025
- FRONT PORCH HOUSING EIN 88-1353078 · last filed 990 for 2025
- CLIFFS VALLEY COMMUNITY ASSOCIATION INC EIN 57-1058952 · last filed 990 for 2025
- GREENVILLE RE-DEVELOPMENT COPRORATION EIN 47-1060223 · last filed 990 for 2024
- TURNING POINT OF SOUTH CAROLINA INC EIN 42-1562941 · last filed 990 for 2025
All nonprofits in GREENVILLE · South Carolina · Housing and shelter