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Nonprofit · EIN 63-0849453

EAST LAKE COMMUNITY DEVELOPMENT INC

Also known as EAST LAKE HOUSE

Tax-exempt · BIRMINGHAM, AL 35233

Financials

$2.1M$1.8M2022$1.9M$1.9M2023$3.7M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of EAST LAKE COMMUNITY DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,717,969$2,083,849$1,634,120$11,697,578$8,968,331$2,729,247
June 30, 2024990$1,949,027$1,890,545$58,482$10,174,483$9,079,356$1,095,127
June 30, 2023990$2,087,889$1,781,532$306,357$10,244,420$9,207,775$1,036,645
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,704,870
Investment income
$13,099
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$302,888
Program services (functional)
$2,083,849

Balance sheet and other

Total assets, start of year
$10,174,483
Total assets, end of year
$11,697,578
Total liabilities, end of year
$8,968,331
Net assets, end of year
$2,729,247
Land, buildings and equipment
$8,227,773
Net assets without donor restrictions
$2,729,247
Gross receipts
$3,717,969
Employees
1
Volunteers
0
Year formed
1983
State of legal domicile
AL

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
JESSICA ZORNTREASURER
Trustee or director
0$0
YOUVINZA PRICESECRETARY
Trustee or director
0$0
NIKESHIA BAILEYDIRECTOR
Trustee or director
0$0
DEBORAH ABBOTTDIRECTOR
Trustee or director
0$0
ERIC LIPPEXECUTIVE DIRECTOR
Officer
30$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgs
ERIC LIPPEXECUTIVE DIRECTOR
Officer
30$0$168,000
JOHN WILSONPRESIDENT
Trustee or director
0$0$0
JESSICA ZORNTREASURER
Trustee or director
0$0$0
YOUVINZA PRICESECRETARY
Trustee or director
0$0$0
NIKESHIA BAILEYDIRECTOR
Trustee or director
0$0$0
DEBORAH ABBOTTDIRECTOR
Trustee or director
0$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgs
ERIC LIPPEXECUTIVE DIRECTOR
Officer
30$0$147,995
JOHN WILSONPRESIDENT
Trustee or director
0$0$0
JESSICA ZORNTREASURER
Trustee or director
0$0$0
YOUVINZA PRICESECRETARY
Trustee or director
0$0$0
NIKESHIA BAILEYDIRECTOR
Trustee or director
0$0$0
DEBORAH ABBOTTDIRECTOR
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
3010 3RD AVE S, BIRMINGHAM, AL 35233-3004
In care of
% ERIC H LIPP
Mailing address (990-N for 2015)
1103 Richard Arrington Jr Blvd S, Birmingham AL 35205
Principal officer (990 for 2024)
ERIC LIPP, 3010 3RD AVE SOUTH, BIRMINGHAM, AL 35233
Principal officer (990-N for 2015)
John Wilson, 2101 Highlands Ave South Suite 500, Birmingham AL 35205
Signed the 990
ERIC LIPP, EXECUTIVE DIRECTOR
Phone
(205) 639-5090
Return prepared by
BROWDER & ASSOCIATES PC

Mission

EAST LAKE COMMUNITY DEVELOPMENT, INC. PROVIDES LOW INCOME HOUSING TO THE COMMUNITY VIA INVESTMENTS IN VARIOUS APARTMENT COMPLEXES.

990 for the year ended June 30, 2025

Program accomplishments

  • EAST LAKE COMMUNITY DEVELOPMENT, INC. PROVIDES LOW INCOME HOUSING TO THE COMMUNITY VIA INVESTMENTS IN VARIOUS APARTMENT COMPLEXES.
    Expenses $2,083,849 · revenue $3,717,969

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
63-0849453
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1983
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,697,578
Income (IRS master file)
$3,717,969

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,717,969$2,083,849$11,697,578XML
990June 2024$1,949,027$1,890,545$10,174,483XML
990June 2023$2,087,889$1,781,532$10,244,420XML
990June 2022$2,005,589$1,489,646$10,029,573IRS
990June 2021–––IRS
990June 2019–––IRS
990-N for 2015
Officer: John Wilson
June 30, 2016≤ $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 63-0849453).

Questions about EAST LAKE COMMUNITY DEVELOPMENT INC

What is the EIN of EAST LAKE COMMUNITY DEVELOPMENT INC?
The employer identification number (EIN) of EAST LAKE COMMUNITY DEVELOPMENT INC is 63-0849453.
Is EAST LAKE COMMUNITY DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to EAST LAKE COMMUNITY DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EAST LAKE 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 EAST LAKE COMMUNITY DEVELOPMENT 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 EAST LAKE COMMUNITY DEVELOPMENT 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 EAST LAKE COMMUNITY DEVELOPMENT INC?
The 990 for the year ended June 30, 2025 names ERIC LIPP.
Who are the officers and directors of EAST LAKE COMMUNITY DEVELOPMENT INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does EAST LAKE COMMUNITY DEVELOPMENT INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,717,969, expenses of $2,083,849 and total assets of $11,697,578 at year end.

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