Nonprofit · EIN 58-2044986
ASSEMBLY TERRACE INC
Tax-exempt · WINSTON SALEM, NC 27106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $451,792 | $515,387 | -$63,595 | $1,326,079 | $3,413,466 | -$2,087,387 |
| June 30, 2024 | 990 | $436,513 | $487,682 | -$51,169 | $1,385,812 | $3,409,604 | -$2,023,792 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $165,895
- of which government grants
- $165,895
- Program service revenue
- $269,898
- Investment income
- $9,929
- Other revenue
- $6,070
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,679
- Occupancy
- $242,941
- Travel
- $3,795
- Depreciation
- $75,650
- Program services (functional)
- $335,452
- Management and general (functional)
- $179,935
Balance sheet and other
- Total assets, start of year
- $1,385,812
- Total assets, end of year
- $1,326,079
- Total liabilities, end of year
- $3,413,466
- Net assets, end of year
- -$2,087,387
- Land, buildings and equipment
- $976,862
- Net assets without donor restrictions
- -$2,087,387
- Gross receipts
- $451,792
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1993
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR LEILA VICKERS | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| BORIS ELDER | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| RODNEY ASHBY | DIRECTOR Trustee or director | 0.5 | $0 |
| SHIRLEY RHOADES PINNIX | DIRECTOR Trustee or director | 0.5 | $0 |
| TIMOTHY BEEMAN | DIRECTOR Trustee or director | 0.5 | $0 |
| BRIANA BREWER | DIRECTOR Trustee or director | 0.5 | $0 |
| DAVID HENSON | DIRECTOR Trustee or director | 0.5 | $0 |
| SCIPIO TUCKER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR LEILA VICKERS | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| BORIS ELDER | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| CYNTHIA EVERHART | DIRECTOR Trustee or director | 0.5 | $0 |
| RODNEY ASHBY | DIRECTOR Trustee or director | 0.5 | $0 |
| SHIRLEY RHOADES PINNIX | DIRECTOR Trustee or director | 0.5 | $0 |
| TIMOTHY BEEMAN | DIRECTOR Trustee or director | 0.5 | $0 |
| BRIANA BREWER | DIRECTOR Trustee or director | 0.5 | $0 |
| DAVID HENSON | DIRECTOR Trustee or director | 0.5 | $0 |
| SCIPIO TUCKER | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3731 UNIVERSITY PARKWAY, WINSTON SALEM, NC 27106-4042
- In care of
- % PERRY C CRAVEN
- Principal officer (990 for 2024)
- DR LEILA VICKERS, 3731 UNIVERSITY PARKWAY, WINSTON SALEM, NC 271064018
- Signed the 990
- DR LEILA VICKERS, PRESIDENT
- Phone
- (336) 765-0424
- Return prepared by
- DAUBY O'CONNOR & ZALESKI LLC
Mission
THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 60 UNIT APARTMENT COMMUNITY IN WINSTON SALEM, NC KNOWN AS ASSEMBLY TERRACE APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS).
Program accomplishments
- THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 60 UNIT APARTMENT COMMUNITY IN WINSTON SALEM, NC KNOWN AS ASSEMBLY TERRACE APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS).Expenses $335,452 · revenue $269,898
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 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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-2044986
- 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
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $1,326,079
- Income (IRS master file)
- $451,792
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $451,792 | $515,387 | $1,326,079 | XML |
| 990 | June 2024 | $436,513 | $487,682 | $1,385,812 | XML |
| 990 | June 2023 | $410,859 | $451,380 | $1,434,850 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ASSEMBLY TERRACE INC
- What is the EIN of ASSEMBLY TERRACE INC?
- The employer identification number (EIN) of ASSEMBLY TERRACE INC is 58-2044986.
- Is ASSEMBLY TERRACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to ASSEMBLY TERRACE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASSEMBLY TERRACE 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 ASSEMBLY TERRACE INC 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 ASSEMBLY TERRACE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ASSEMBLY TERRACE INC?
- The 990 for the year ended June 30, 2025 names DR LEILA VICKERS.
- Who are the officers and directors of ASSEMBLY TERRACE INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does ASSEMBLY TERRACE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $451,792, expenses of $515,387 and total assets of $1,326,079 at year end.
Other nonprofits in WINSTON SALEM
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 56-1448955 · last filed 990 for 2025
- THE WINSTON-SALEM RESCUE MISSION INC EIN 56-0891921 · last filed 990 for 2025
- NORTH CAROLINA HOUSING SERVICES AND MANAGEMENT CORPORATION EIN 56-2087570 · last filed 990 for 2025
- BAPTIST RETIREMENT HOMES FOUNDATION EIN 56-2205837 · last filed 990 for 2025
- SAMARITAN MINISTRIES EIN 56-1490019 · last filed 990 for 2025
- BOTTOM UP OUTREACH CENTER EIN 26-4484245 · last filed 990 for 2025
- UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS HOUSING CORPORATION EIN 31-1780339 · last filed 990 for 2025
- CITY WITH DWELLINGS COMMUNITY FIRST INITIATIVE EIN 81-3208939 · last filed 990 for 2024
All nonprofits in WINSTON SALEM · North Carolina · Housing and shelter