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Nonprofit · EIN 58-2497789

ACT ALBANY COMMUNITY TOGETHER INC

Tax-exempt · ALBANY, GA 31701

Financials

$2M$1.5M2023$1.3M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of ACT ALBANY COMMUNITY TOGETHER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,324,861$1,716,677-$391,816$9,368,210$1,708,499$7,659,711
December 31, 2023990$1,952,020$1,505,090$446,930$9,444,913$1,393,388$8,051,525
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,083,976
of which government grants
$715,076
Program service revenue
$237,240
Investment income
$0
Other revenue
$3,645

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$177,153
Other salaries and wages
$195,497
Salaries, compensation and benefits (total)
$449,443
Professional fundraising fees
$0
Legal fees
$601
Occupancy
$13,138
Travel
$20,439
Program services (functional)
$1,588,421
Management and general (functional)
$128,256

Balance sheet and other

Total assets, start of year
$9,444,913
Total assets, end of year
$9,368,210
Total liabilities, end of year
$1,708,499
Net assets, end of year
$7,659,711
Land, buildings and equipment
$12,552
Net assets without donor restrictions
$6,867,674
Net assets with donor restrictions
$792,037
Gross receipts
$1,324,861
Employees
8
Volunteers
0
Year formed
2000
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Thelma JohnsonPresident/CEO
Officer
40$114,597
Todd FowlerVP Accounting
Officer
20$32,667
Johnny HamiltonVP Business Lending
Officer
20$29,889
Scott TomlinsonBoard Chairman
Trustee or director
0$0
Trent WilliamsBoard Member
Trustee or director
0$0
Valerie Brown-WilliamsBoard Member
Trustee or director
0$0
Easter HardyBoard Member
Trustee or director
0$0
Jennifer WilsonBoard Member
Trustee or director
0$0
Jeretha PetersBoard Member
Trustee or director
0$0
Fonda ThompsonBoard Member
Trustee or director
0$0
Terri ChristianBoard Member
Trustee or director
0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
Thelma JohnsonPresident/CEO
Officer
40$115,001
Todd FowlerVP Accounting
Officer
20$31,800
Johnny HamiltonVP Business Lending
Officer
20$29,773
Scott TomlinsonBoard Chairman
Trustee or director
0$0
Trent WilliamsBoard Member
Trustee or director
0$0
Valerie Brown-WilliamsBoard Member
Trustee or director
0$0
Easter HardyBoard Member
Trustee or director
0$0
Jennifer WilsonBoard Member
Trustee or director
0$0
Jeretha PetersBoard Member
Trustee or director
0$0
Fonda ThompsonBoard Member
Trustee or director
0$0
Cornell KimbroughBoard Member
Trustee or director
0$0

Address and contacts

Address (IRS master file)
230 S JACKSON ST STE 333, ALBANY, GA 31701-2872
In care of
% THELMA JOHNSON
Principal officer (990 for 2024)
Thelma Johnson, 230 S Jackson St, Albany, GA 31701
Signed the 990
Thelma Johnson, President/CEO
Phone
(229) 420-4600
Return prepared by
ACT

Mission

Economic Development Loans and Business Technical Assistance ACT!s mission is building wealth and creating economic opportunities in Georgia by providing affordable access to capital and business development services to aspiring entrepreneurs and small business owners.

990 for the year ended December 31, 2024

Program accomplishments

  • Program Expenses (Loans) Servicing existing loans Funded 12 loans for $,809,612 creating 146 jobs.
    Expenses $1,270,737 · grants $867,181 · revenue $189,792
  • Technical Assistance: Participated in and hosted monthly entreprenurial and small business development conferences. Participated in and hosted weekly business start-up technical assistance meetings. Provided 545 hours of technical assistance. Hosted 15 workshops with 177 participants
    Expenses $317,684 · grants $216,795 · revenue $47,448

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-2497789
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
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,368,210
Income (IRS master file)
$1,324,861

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,324,861$1,716,677$9,368,210XML
990December 2023$1,952,020$1,505,090$9,444,913XML
990December 2022$2,115,720$1,032,465$9,272,995IRS
990December 2021–––IRS
990December 2020–––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 58-2497789).

Questions about ACT ALBANY COMMUNITY TOGETHER INC

What is the EIN of ACT ALBANY COMMUNITY TOGETHER INC?
The employer identification number (EIN) of ACT ALBANY COMMUNITY TOGETHER INC is 58-2497789.
Is ACT ALBANY COMMUNITY TOGETHER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to ACT ALBANY COMMUNITY TOGETHER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ACT ALBANY COMMUNITY TOGETHER 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 ACT ALBANY COMMUNITY TOGETHER INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ACT ALBANY COMMUNITY TOGETHER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ACT ALBANY COMMUNITY TOGETHER INC?
The 990 for the year ended December 31, 2024 names Thelma Johnson.
Who are the officers and directors of ACT ALBANY COMMUNITY TOGETHER INC?
The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $114,597 (Thelma Johnson, President/CEO).
How much revenue does ACT ALBANY COMMUNITY TOGETHER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,324,861, expenses of $1,716,677 and total assets of $9,368,210 at year end.

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