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Nonprofit · EIN 59-3063080

GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC

Also known as GRHCD CORP

Tax-exempt (reinstated) · SANFORD, FL 32771

Financials

$355K$324K2023
Revenue Expenses · by fiscal year end
Financials of GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$355,173$323,922$31,251$49,708$31,401$18,307
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$6,360
Program service revenue
$348,546
Investment income
$167
Other revenue
$100

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$3,498
Salaries, compensation and benefits (total)
$3,498
Professional fundraising fees
$0
Accounting fees
$561
Occupancy
$2,899
Program services (functional)
$292,858
Management and general (functional)
$31,064

Balance sheet and other

Total assets, start of year
$164,302
Total assets, end of year
$49,708
Total liabilities, end of year
$31,401
Net assets, end of year
$18,307
Net assets without donor restrictions
$18,307
Gross receipts
$355,173
Employees
0
Volunteers
20
Year formed
1991
State of legal domicile
FL

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 September 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
CYNTHIA HAMILTON SMITHEXECUTIVE DI
Officer
–$0
CALVIN HENDERSONPRESIDENT
Trustee or director, Officer
5$0
JULIA LEWISVICE PRESIDE
Trustee or director, Officer
5$0
WILBERT BRYANTTREASURER
Trustee or director, Officer
6$0
CARSHEENA BAKERMEMBER
Trustee or director
6$0

Address and contacts

Address (IRS master file)
417 E 2ND ST, SANFORD, FL 32771-1345
Mailing address (990-N for 2022)
417 E 2ND STREET, SANFORD FL 32771
Principal officer (990 for 2023)
CYNTHIA HAMILTON SMITH, 417 E 2ND STREET, SANFORD, FL 32771
Principal officer (990-N for 2022)
CYNTHIA HAMILTON-SMITH, 417 E 2ND STREET, SANFORD FL 32771
Signed the 990
OLATUNJI OYEWALE, CONSTRUCTION DIRECTO
Return prepared by
MKA ADVISORY LLC

Mission

WE SEEK TO SERVE THE VERY LOW TO MODERATE INCOME FAMILIES BY EDUCATING AND ASSISTING THE FAMILIES TO BECOME FIRST TIME HOMEBUYERS. HOWEVER, OUR SERVICES ARE AVAILABLE TO ALL. RECIPIENTS FOR LOW TO MODERATE INCOME FAMILIES ARE BASED ON THE INCOME GUIDELINES THAT ARE DETERMINED BY HUD AND RUAL PROGRAMS. GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT WILL GIVE BACK TO THE COMMUNITY BY WAY OF PROVIDING FREE RESOURCE AND REFERRAL SERVICES AND PROVIDING SERVICES BELOW MARKET RATES. 100% OF THE ORGANIZATION'S TIME IS SPENT ON THIS ACTIVITY. THE ACTIVITY IS FUNDING BY DONATIONS, MAIL SOLICITATIONS, PHONE SOLICITATIONS, AND EMAIL SOLICITATIONS.

990 for the year ended September 30, 2024

Program accomplishments

  • WE SEEK TO SERVE THE VERY LOW TO MODERATE INCOME FAMILIES BY EDUCATING AND ASSISTING THE FAMILIES TO BECOME FIRST TIME HOMEBUYERS. HOWEVER, OUR SERVICES ARE AVAILABLE TO ALL. RECIPIENTS FOR LOW TO MODERATE INCOME FAMILIES ARE BASED ON THE INCOME GUIDELINES THAT ARE DETERMINED BY HUD AND RURAL PROGRAMS. GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT WILL GIVE BACK TO THE COMMUNITY BY WAY OF PROVIDING FREE RESOURCE AND REFERRAL SERVICES AND PROVIDING SERVICES BELOW MARKET RATES. 100% OF THE ORGANIZATION'S TIME IS SPENT ON THIS ACTIVITY. THE ACTIVITY IS FUNDING BY DONATIONS, MAIL SOLICITATIONS, PHONE SOLICITATIONS, AND EMAIL SOLICITATIONS.
    Expenses $292,858 · revenue $348,546

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
59-3063080
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
2022
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$49,708
Income (IRS master file)
$355,173

Revocation and reinstatement

Exemption revoked
February 15, 2021
Posted by the IRS
May 10, 2021
Reinstated
Effective February 15, 2021

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$355,173$323,922$49,708XML
990-N for 2022
Officer: CYNTHIA HAMILTON-SMITH
September 30, 2023≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: CYNTHIA HAMILTON-SMITH
September 30, 2022≤ $50,000 receipts––e-Postcard
990-EZSeptember 2021–––IRS
990-N for 2008
Officer: Olatunji Oyewale
September 30, 2009≤ $50,000 receipts––e-Postcard

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 59-3063080).

Questions about GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC

What is the EIN of GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC?
The employer identification number (EIN) of GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC is 59-3063080.
Is GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC tax-exempt?
Yes. The IRS revoked its exemption on February 15, 2021 and reinstated it effective February 15, 2021.
Are donations to GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT 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 GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who is the principal officer of GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC?
The 990 for the year ended September 30, 2024 names CYNTHIA HAMILTON SMITH.
Who are the officers and directors of GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC?
The 990 for the year ended September 30, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does GOLDEN RULE HOUSING AND COMMUNITY DEVELOPMENT INC have?
On its 990 for the year ended September 30, 2024 it reported revenue of $355,173, expenses of $323,922 and total assets of $49,708 at year end.

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