Nonprofit · EIN 58-2497789
ACT ALBANY COMMUNITY TOGETHER INC
Tax-exempt · ALBANY, GA 31701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,324,861 | $1,716,677 | -$391,816 | $9,368,210 | $1,708,499 | $7,659,711 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thelma Johnson | President/CEO Officer | 40 | $114,597 |
| Todd Fowler | VP Accounting Officer | 20 | $32,667 |
| Johnny Hamilton | VP Business Lending Officer | 20 | $29,889 |
| Scott Tomlinson | Board Chairman Trustee or director | 0 | $0 |
| Trent Williams | Board Member Trustee or director | 0 | $0 |
| Valerie Brown-Williams | Board Member Trustee or director | 0 | $0 |
| Easter Hardy | Board Member Trustee or director | 0 | $0 |
| Jennifer Wilson | Board Member Trustee or director | 0 | $0 |
| Jeretha Peters | Board Member Trustee or director | 0 | $0 |
| Fonda Thompson | Board Member Trustee or director | 0 | $0 |
| Terri Christian | Board Member Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thelma Johnson | President/CEO Officer | 40 | $115,001 |
| Todd Fowler | VP Accounting Officer | 20 | $31,800 |
| Johnny Hamilton | VP Business Lending Officer | 20 | $29,773 |
| Scott Tomlinson | Board Chairman Trustee or director | 0 | $0 |
| Trent Williams | Board Member Trustee or director | 0 | $0 |
| Valerie Brown-Williams | Board Member Trustee or director | 0 | $0 |
| Easter Hardy | Board Member Trustee or director | 0 | $0 |
| Jennifer Wilson | Board Member Trustee or director | 0 | $0 |
| Jeretha Peters | Board Member Trustee or director | 0 | $0 |
| Fonda Thompson | Board Member Trustee or director | 0 | $0 |
| Cornell Kimbrough | Board 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.
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 participantsExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $9,368,210
- Income (IRS master file)
- $1,324,861
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,324,861 | $1,716,677 | $9,368,210 | XML |
| 990 | December 2023 | $1,952,020 | $1,505,090 | $9,444,913 | XML |
| 990 | December 2022 | $2,115,720 | $1,032,465 | $9,272,995 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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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