Nonprofit · EIN 62-1586067
THE DEVELOPMENT CORPORATION OF ORCHARD KNOB INC
Tax-exempt · CHATTANOOGA, TN 37404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $448,266 | $437,215 | $11,051 | $927,104 | $123,459 | $803,645 |
| December 31, 2024 | 990 | $438,438 | $394,658 | $43,780 | $911,892 | $119,298 | $792,594 |
| December 31, 2023 | 990 | $411,679 | $478,678 | -$66,999 | $907,809 | $158,995 | $748,814 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $439,449
- Investment income
- $4,531
- Other revenue
- $4,286
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $84,567
- Salaries, compensation and benefits (total)
- $113,797
- Professional fundraising fees
- $0
- Legal fees
- $949
- Accounting fees
- $14,070
- Travel
- $2,854
- Depreciation
- $57,899
- Program services (functional)
- $391,434
- Management and general (functional)
- $45,781
Balance sheet and other
- Total assets, start of year
- $911,892
- Total assets, end of year
- $927,104
- Total liabilities, end of year
- $123,459
- Net assets, end of year
- $803,645
- Land, buildings and equipment
- $664,813
- Net assets without donor restrictions
- $803,645
- Gross receipts
- $448,266
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1998
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Essex | President Trustee or director, Officer | 1 | $0 |
| Sharon Daniels | Vice President Trustee or director, Officer | 1 | $0 |
| Constance Washington | Secretary Trustee or director, Officer | 1 | $0 |
| Travis Reed | Director Trustee or director | 1 | $0 |
| Harry McKeldin | Director Trustee or director | 1 | $0 |
| Lee Lacy | Director Trustee or director | 1 | $0 |
| Chandra Fears | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Essex | President Trustee or director, Officer | 1 | $0 |
| Sharon Daniels | Vice President Trustee or director, Officer | 1 | $0 |
| Constance Washington | Secretary Trustee or director, Officer | 1 | $0 |
| Travis Reed | Director Trustee or director | 1 | $0 |
| Harry McKeldin | Director Trustee or director | 1 | $0 |
| Lee Lacy | Director Trustee or director | 1 | $0 |
| Chandra Fears | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Essex | President Trustee or director, Officer | 1 | $0 |
| Sharon Daniels | Vice President Trustee or director, Officer | 1 | $0 |
| Constance Washington | Secretary Trustee or director, Officer | 1 | $0 |
| Travis Reed | Director Trustee or director | 1 | $0 |
| Harry McKeldin | Director Trustee or director | 1 | $0 |
| Lee Lacy | Director Trustee or director | 1 | $0 |
| Chandra Fears | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3664, CHATTANOOGA, TN 37404-0664
- In care of
- % LOUIS GEE
- Principal officer (990 for 2025)
- David Essex, PO Box 53274, Atlanta, GA 30355
- Signed the 990
- David Essex, President
- Phone
- (404) 816-9770
- Return prepared by
- Aprio Advisory Group LLC
Mission
Providing housing to elderly persons by operating a HUD-assisted apartment community regulated under Section 202 of the National Housing Act of 1959.
Program accomplishments
- Providing housing to elderly persons by operating a HUD-assisted apartment community regulated under Section 202 of the National Housing Act.Expenses $391,434 · revenue $439,449
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 | 990 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
- 62-1586067
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $927,104
- Income (IRS master file)
- $448,266
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $448,266 | $437,215 | $927,104 | XML |
| 990 | December 2024 | $438,438 | $394,658 | $911,892 | XML |
| 990 | December 2023 | $411,679 | $478,678 | $907,809 | XML |
| 990 | December 2022 | $419,096 | $464,404 | $965,063 | 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 62-1586067).
Questions about THE DEVELOPMENT CORPORATION OF ORCHARD KNOB INC
- What is the EIN of THE DEVELOPMENT CORPORATION OF ORCHARD KNOB INC?
- The employer identification number (EIN) of THE DEVELOPMENT CORPORATION OF ORCHARD KNOB INC is 62-1586067.
- Is THE DEVELOPMENT CORPORATION OF ORCHARD KNOB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to THE DEVELOPMENT CORPORATION OF ORCHARD KNOB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE DEVELOPMENT CORPORATION OF ORCHARD KNOB 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 THE DEVELOPMENT CORPORATION OF ORCHARD KNOB 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 THE DEVELOPMENT CORPORATION OF ORCHARD KNOB 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 THE DEVELOPMENT CORPORATION OF ORCHARD KNOB INC?
- The 990 for the year ended December 31, 2025 names David Essex.
- Who are the officers and directors of THE DEVELOPMENT CORPORATION OF ORCHARD KNOB INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does THE DEVELOPMENT CORPORATION OF ORCHARD KNOB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $448,266, expenses of $437,215 and total assets of $927,104 at year end.
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