Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 58-2227138

SPRING CHASE INC

Tax-exempt · DECATUR, GA 30030

Financials

$370K$383K2022$193K$304K2023$268K$301K2024
Revenue Expenses · by fiscal year end
Financials of SPRING CHASE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$268,447$301,000-$32,553$8,179,231$0$8,179,231
June 30, 2024990$193,461$303,560-$110,099$8,261,784$0$8,261,784
June 30, 2023990$369,677$383,190-$13,513$8,371,883$0$8,371,883
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$268,347
Other revenue
$100

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,000
Program services (functional)
$301,000

Balance sheet and other

Total assets, start of year
$8,261,784
Total assets, end of year
$8,179,231
Total liabilities, end of year
$0
Net assets, end of year
$8,179,231
Net assets without donor restrictions
$8,179,231
Gross receipts
$268,447
Employees
0
Volunteers
4
Year formed
1996
State of legal domicile
GA

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.

NameTitleHours / weekCompensation
Eugene P Walker JrPresident
Trustee or director, Officer
0.5$0
John CorcoranVice President
Trustee or director, Officer
0.5$0
Djuana WellingtonSecretary/Treasurer
Trustee or director, Officer
0.5$0
Laura RobertsCommissioner
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
Eugene P Walker JrPresident
Trustee or director, Officer
0.5$0
John CorcoranVice President
Trustee or director, Officer
0.5$0
Djuana WellingtonSecretary/Treasurer
Trustee or director, Officer
0.5$0
Laura RobertsCommissioner
Trustee or director
0.5$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
Carleen CumberbatchChairperson
Trustee or director
15$0
Thomas ColemanVice Chairperson
Trustee or director
15$0
Dorothy WilliamsCommissioner
Trustee or director
15$0
Yuvette HudsonCommissioner
Trustee or director
15$0
Charles YiCommissioner
Trustee or director
15$0
Dr Glenwood RossCommissioner
Trustee or director
15$0
Eugene P Walker JrPresident / CEO
Officer
15$0

Address and contacts

Address (IRS master file)
246 SYCAMORE ST STE 260, DECATUR, GA 30030-3434
Principal officer (990 for 2024)
Eugene P Walker Jr, 246 Sycamore Street 260, Decatur, GA 300303442
Signed the 990
Eugene P Walker Jr, President/CEO
Phone
(404) 270-2500
Return prepared by
Aprio Advisory Group LLC

Mission

To provide support to entities that provide affordable, decent, safe, and sanitary dwellings and apartments or other living accomodations for persons of low and moderate income.

990 for the year ended June 30, 2025

Program accomplishments

  • Spring Chase, Inc. provides support to entities providing low income housing.
    Expenses $301,000 · revenue $268,447

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
58-2227138
Tax-exempt status
501(c)(25): Title-holding corporation for multiple parents
Donations deductible
No
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,179,231
Income (IRS master file)
$268,447

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$268,447$301,000$8,179,231XML
990June 2024$193,461$303,560$8,261,784IRS
990June 2023$369,677$383,190$8,371,883XML
990June 2022$347,504$302,968$6,818,797IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 58-2227138).

Questions about SPRING CHASE INC

What is the EIN of SPRING CHASE INC?
The employer identification number (EIN) of SPRING CHASE INC is 58-2227138.
Is SPRING CHASE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(25) since 1998.
Are donations to SPRING CHASE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SPRING CHASE 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 SPRING CHASE 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 SPRING CHASE 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 SPRING CHASE INC?
The 990 for the year ended June 30, 2025 names Eugene P Walker Jr.
Who are the officers and directors of SPRING CHASE INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does SPRING CHASE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $268,447, expenses of $301,000 and total assets of $8,179,231 at year end.

Other nonprofits in DECATUR

All nonprofits in DECATUR · Georgia