Nonprofit · EIN 58-1627216
WATAUGA DEVELOPMENT CORPORATION
Tax-exempt · GRAY, TN 37615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $43,980 | $52,137 | -$8,157 | $56,531 | $120,780 | -$64,249 |
| June 30, 2024 | 990-EZ | $64,302 | $53,324 | $10,978 | $63,477 | $119,569 | -$56,092 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Program service revenue
- $43,978
- Investment income
- $2
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $52,137
Balance sheet and other
- Total assets, start of year
- $63,477
- Total assets, end of year
- $56,531
- Total liabilities, end of year
- $120,780
- Net assets, end of year
- -$64,249
- Cash, savings and investments
- $949
- Land and buildings
- $34,673
- Gross receipts
- $43,980
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANE BOWEN | SECRETARY | 0 | $0 |
| CHAD DUNCAN | VICE-PRESIDENT | 0 | $0 |
| KRISTIE HAMMONDS | PRESIDENT | 0 | $0 |
| BOBBY ALLEN HARRIS | TREASURER THROUGH 06/27/25 | 0 | $0 |
| SHERRI FEATHERS | BOARAD MEMBER | 0 | $0 |
| TIM PERRY | BOARD MEMBER | 0 | $0 |
| HEATHER CROUSE | BOARD MEMBER | 0 | $0 |
| KIM TRANTHAM | BOARD MEMBER | 0 | $0 |
| JEFFREY HOWARD | TREASURER AS OF 06/30/25 | 0 | $0 |
990-EZ for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANE BOWEN | SECRETARY | 0 | $0 |
| VIRGINIA GINGER NASERI | VICE-PRESIDENT | 0 | $0 |
| KRISTIE HAMMONDS | PRESIDENT | 0 | $0 |
| BOBBY ALLEN HARRIS | TREASURER | 0 | $0 |
| SHERRI FEATHERS | BOARAD MEMBER | 0 | $0 |
| TIM PERRY | BOARD MEMBER | 0 | $0 |
| HEATHER CROUSE | BOARD MEMBER | 0 | $0 |
| KIM TRANTHAM | BOARD MEMBER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 9054, GRAY, TN 37615-9054
- In care of
- % FRONTIER HEALTH INC
- Signed the 990-EZ
- Kristie Hammonds, President
- Phone
- (423) 467-3622
- Website
- www.frontierhealth.org
Mission
GROUP HOME FOR MENTALLY ILL ADULTS
Program accomplishments
- RESIDENTAL SHELTERED GROUP HOME SERVICE FOR 10 CHRONIC MENTALLY ILL ADULTS SUBSIDIZED BY THE US DEPARTMENT OF HOUSING URBAN DEVELOPMENT HUD
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 58-1627216
- 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
- 1985
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Mental health and crisis intervention (F33)
- Assets (IRS master file)
- $56,531
- Income (IRS master file)
- $43,980
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $43,980 | $52,137 | $56,531 | IRS |
| 990-EZ | June 2024 | $64,302 | $53,324 | $63,477 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | 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 58-1627216).
Questions about WATAUGA DEVELOPMENT CORPORATION
- What is the EIN of WATAUGA DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of WATAUGA DEVELOPMENT CORPORATION is 58-1627216.
- Is WATAUGA DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to WATAUGA DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATAUGA DEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of WATAUGA DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATAUGA DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of WATAUGA DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does WATAUGA DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $43,980, expenses of $52,137 and total assets of $56,531 at year end.
Other nonprofits in GRAY
- HOLSTON DEVELOPMENT CORPORATION EIN 58-1575847 · last filed 990-EZ for 2025
- CROCKETT RESIDENTIAL DEVELOPMENT CORPORATION EIN 58-1727580 · last filed 990-EZ for 2025
- WATAUGA RESIDENTAL DEVELOPMENT CORPORATION EIN 58-1727579 · last filed 990-EZ for 2025
- CROCKETT DEVELOPMENT CORPORATION EIN 58-1575848 · last filed 990-EZ for 2025
- EAST TENNESSEE BIBLICAL COUNSELING EIN 99-4470604 · last filed 990-EZ for 2025
- FRONTIER HEALTH EIN 62-0582605 · last filed 990 for 2025
- GRAY VOLUNTEER FIRE DEPARTMENT INC EIN 23-7377996 · last filed 990 for 2025
- HANDS ON DISCOVERY CENTER EIN 62-1282542 · last filed 990 for 2025
All nonprofits in GRAY · Tennessee · Mental health and crisis intervention