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Nonprofit · EIN 58-2108838

PROSPERITY UNLIMITED INC

Tax-exempt · KANNAPOLIS, NC 28083

Financials

$583K$452K2023$479K$443K2024$949K$469K2025
Revenue Expenses · by fiscal year end
Financials of PROSPERITY UNLIMITED INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$948,518$469,298$479,220$3,999,766$1,989$3,997,777
December 31, 2024990$478,985$442,918$36,067$3,521,463$2,906$3,518,557
December 31, 2023990$582,780$452,365$130,415$3,484,893$2,403$3,482,490
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$610,761
Program service revenue
$244,133
Investment income
$93,624
Net gain from sales of assets
$49,590
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$100,776
Other salaries and wages
$162,585
Salaries, compensation and benefits (total)
$337,318
Professional fundraising fees
$0
Travel
$2,994
Depreciation
$24,677
Program services (functional)
$406,605
Management and general (functional)
$54,561
Fundraising (functional)
$8,132

Balance sheet and other

Total assets, start of year
$3,521,463
Total assets, end of year
$3,999,766
Total liabilities, end of year
$1,989
Net assets, end of year
$3,997,777
Land, buildings and equipment
$322,104
Net assets without donor restrictions
$3,770,777
Net assets with donor restrictions
$227,000
Gross receipts
$948,518
Employees
8
Volunteers
5
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Louise MackCEO
Officer
55$88,727$12,049
Annise JohnsonTreasurer
Trustee or director, Officer
1$0$0
Octavia AlexanderChair
Trustee or director, Officer
0.5$0$0
Kim MiddlebrooksVice Chair
Trustee or director, Officer
0.5$0$0
Mildred CrewsSecretary
Trustee or director, Officer
0.5$0$0
Tim DietrichBoard Member
Trustee or director
0.5$0$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensationOther / benefits
Louise MackCEO
Officer
55$91,300$18,255
Annise JohnsonTreasurer
Trustee or director, Officer
1$0$0
Octavia AlexanderChair
Trustee or director, Officer
0.5$0$0
Kim MiddlebrooksVice Chair
Trustee or director, Officer
0.5$0$0
Mildred CrewsSecretary
Trustee or director, Officer
0.5$0$0
Tim DietrichBoard Member
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
Louise MackCEO
Officer
55$90,342$15,391
Annise JohnsonTreasurer
Trustee or director, Officer
2$0$0
Octavia AlexanderChair
Trustee or director, Officer
1$0$0
Kim MiddlebrooksVice Chair
Trustee or director, Officer
0.5$0$0
Mildred CrewsSecretary
Trustee or director, Officer
0.5$0$0
Tim DietrichDirector
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1660 GARNET ST, KANNAPOLIS, NC 28083-6667
In care of
% LOUISE MACK
Principal officer (990 for 2025)
Louise Mack, 1660 Garnet Street, Kannapolis, NC 28083
Signed the 990
Louise Mack, CEO
Phone
(704) 933-7405
Return prepared by
Foard and Company PA

Mission

To educate individuals to build and maintain personal wealth that becomes the catalyst for personal and community sustainability and growth.

990 for the year ended December 31, 2025

Program accomplishments

  • The organization assists individuals in acquiring and/or maintaining housing through financial counseling & training in areas such as financial literacy and counseling in prepurchase and foreclosure counseling.
    Expenses $406,605 · revenue $566,765
  • The organization develops and maintain affordable housing units for low to moderate individuals for rental and/or purchase.
    revenue $251,228

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-2108838
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,999,766
Income (IRS master file)
$948,518

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$948,518$469,298$3,999,766XML
990December 2024$478,985$442,918$3,521,463IRS
990December 2023$582,780$452,365$3,484,893XML
990December 2022$548,872$483,679$3,352,855IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 58-2108838).

Questions about PROSPERITY UNLIMITED INC

What is the EIN of PROSPERITY UNLIMITED INC?
The employer identification number (EIN) of PROSPERITY UNLIMITED INC is 58-2108838.
Is PROSPERITY UNLIMITED INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to PROSPERITY UNLIMITED INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROSPERITY UNLIMITED 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 PROSPERITY UNLIMITED INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROSPERITY UNLIMITED INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PROSPERITY UNLIMITED INC?
The 990 for the year ended December 31, 2025 names Louise Mack.
Who are the officers and directors of PROSPERITY UNLIMITED INC?
The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $88,727 (Louise Mack, CEO).
How much revenue does PROSPERITY UNLIMITED INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $948,518, expenses of $469,298 and total assets of $3,999,766 at year end.

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