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Nonprofit · EIN 56-1389444

FIRST BAPTIST APPLE STREET HOUSING FOUNDATION

Tax-exempt · BURLINGTON, NC 27216

Financials

$338K$384K2022$347K$444K2023$357K$483K2024
Revenue Expenses · by fiscal year end
Financials of FIRST BAPTIST APPLE STREET HOUSING FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$357,232$482,688-$125,456$1,894,959$2,359,436-$464,477
September 30, 2024990$347,384$444,217-$96,833$2,040,761$2,379,782-$339,021
September 30, 2023990$337,852$383,801-$45,949$2,230,781$2,472,969-$242,188
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$206,948
of which government grants
$206,948
Program service revenue
$149,143
Investment income
$1,141
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$40,832
Salaries, compensation and benefits (total)
$74,361
Professional fundraising fees
$0
Accounting fees
$16,426
Occupancy
$16,577
Depreciation
$64,708
Program services (functional)
$441,605
Management and general (functional)
$41,083

Balance sheet and other

Total assets, start of year
$2,040,761
Total assets, end of year
$1,894,959
Total liabilities, end of year
$2,359,436
Net assets, end of year
-$464,477
Land, buildings and equipment
$1,207,062
Net assets without donor restrictions
-$464,477
Gross receipts
$357,232
Employees
0
Volunteers
7
Year formed
1983
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Dennis BurnettePresident
Trustee or director, Officer
0.5$0
Calvin KendrickVice President
Trustee or director, Officer
0.5$0
Shirley DixonTreasurer
Trustee or director, Officer
0.5$0
Angela T CorbettSecretary
Trustee or director, Officer
0.5$0
Calvin JonesTrustee
Trustee or director
0.5$0
Gladys ShawTrustee
Trustee or director
0.5$0
Johnnie JeffriesTrustee
Trustee or director
0.5$0
Veronica RevelsCEO
Officer
5$0
990 for the year ended September 30, 2024: 8 people
NameTitleHours / weekCompensation
Dennis BurnettePresident
Trustee or director, Officer
0.5$0
Calvin KendrickVice President
Trustee or director, Officer
0.5$0
Shirley DixonTreasurer
Trustee or director, Officer
0.5$0
Angela CorbettSecretary
Trustee or director, Officer
0.5$0
Calvin JonesDirector
Trustee or director
0.5$0
Johnnie JeffriesDirector
Trustee or director
0.5$0
Gladys ShawDirector
Trustee or director
0.5$0
Veronica RevelsExecutive Dir.
Officer
5$0
990 for the year ended September 30, 2023: 8 people
NameTitleHours / weekCompensation
DENNIS BURNETTEPRESIDENT
Trustee or director, Officer
0.5$0
CALVIN KENDRICKVICE-PRESIDENT
Trustee or director, Officer
0.5$0
SHIRLEY DIXONTREASURER
Trustee or director, Officer
0.5$0
ANGELA CORBETTSECRETARY
Trustee or director, Officer
0.5$0
CALVIN JONESDIRECTOR
Trustee or director
0.25$0
JOHNNIE JEFFRIESDIRECTOR
Trustee or director
0.25$0
GLADYS SHAWDIRECTOR
Trustee or director
0.25$0
VERONICA REVELSEXECUTIVE DIRECTOR
Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 2380, BURLINGTON, NC 27216-2380
Principal officer (990 for 2024)
Veronica Revels, PO Box 2380, Burlington, NC 27261
Signed the 990
Veronica Revels, CEO
Phone
(336) 226-8421
Return prepared by
Aprio Advisory Group LLC

Mission

Provide housing for 40 elderly low income persons.

990 for the year ended September 30, 2025

Program accomplishments

  • Provide housing for 40 elderly low income persons.
    Expenses $441,605 · revenue $149,143

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
56-1389444
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1985
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,894,959
Income (IRS master file)
$357,232

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$357,232$482,688$1,894,959XML
990September 2024$347,384$444,217$2,040,761XML
990September 2023$337,852$383,801$2,230,781XML
990September 2022$331,526$272,348$2,267,488IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––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 56-1389444).

Questions about FIRST BAPTIST APPLE STREET HOUSING FOUNDATION

What is the EIN of FIRST BAPTIST APPLE STREET HOUSING FOUNDATION?
The employer identification number (EIN) of FIRST BAPTIST APPLE STREET HOUSING FOUNDATION is 56-1389444.
Is FIRST BAPTIST APPLE STREET HOUSING FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to FIRST BAPTIST APPLE STREET HOUSING FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FIRST BAPTIST APPLE STREET HOUSING FOUNDATION 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 FIRST BAPTIST APPLE STREET HOUSING FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FIRST BAPTIST APPLE STREET HOUSING FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of FIRST BAPTIST APPLE STREET HOUSING FOUNDATION?
The 990 for the year ended September 30, 2025 names Veronica Revels.
Who are the officers and directors of FIRST BAPTIST APPLE STREET HOUSING FOUNDATION?
The 990 for the year ended September 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does FIRST BAPTIST APPLE STREET HOUSING FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $357,232, expenses of $482,688 and total assets of $1,894,959 at year end.

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