Nonprofit · EIN 73-1414427
GREENWOOD COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt (reinstated) · TULSA, OK 74120
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $231,114 | $173,268 | $57,846 | $132,038 | $420,414 | -$288,376 |
| December 31, 2023 | 990 | $162,481 | $161,087 | $1,394 | $74,192 | $420,414 | -$346,222 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $231,114
- of which government grants
- $205,084
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,500
- Occupancy
- $1,872
- Program services (functional)
- $168,593
- Management and general (functional)
- $4,675
Balance sheet and other
- Total assets, start of year
- $74,192
- Total assets, end of year
- $132,038
- Total liabilities, end of year
- $420,414
- Net assets, end of year
- -$288,376
- Net assets without donor restrictions
- -$288,376
- Gross receipts
- $231,114
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1993
- State of legal domicile
- OK
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 |
|---|---|---|---|
| FREEMAN CULVER | CHAIRMAN Trustee or director, Officer | 0 | $0 |
| GARY BREECKNER | VICE CHAIR Trustee or director, Officer | 0 | $0 |
| CHRISTINA SOTO | SECRETARY Trustee or director, Officer | 0 | $0 |
| BOB GUICE | TREASURER Trustee or director, Officer | 0 | $0 |
| MATT BASS | MEMBER Trustee or director | 0 | $0 |
| JERROD LAMBERT | MEMBER Trustee or director | 0 | $0 |
| MICHELLE MARTIN | MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREEMAN CULVER | CHAIRMAN Trustee or director, Officer | 0 | $0 |
| GARY BREECKNER | VICE CHAIR Trustee or director, Officer | 0 | $0 |
| CHRISTINA SOTO | SECRETARY Trustee or director, Officer | 0 | $0 |
| BOB GUICE | TREASURER Trustee or director, Officer | 0 | $0 |
| MATT BASS | MEMBER Trustee or director | 0 | $0 |
| JERROD LAMBERT | MEMBER Trustee or director | 0 | $0 |
| MICHELLE MARTIN | MEMBER Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 131 N GREENWOOD AVENUE 2ND FLOOR, TULSA, OK 74120-1444
- Principal officer (990 for 2024)
- FREEMAN CULVER, 131 N Greenwood Ave 2nd Fl, TULSA, OK 74120
- Signed the 990
- FREEMAN CULVER, PRESIDENT
- Phone
- (918) 585-2084
- Return prepared by
- Ward Tax Preparer
Mission
TO STIMULATE GROWTH OF MINORITY BUSINESSES
Program accomplishments
- Restoration of historical Greenwood District buildingsExpenses $168,593 · revenue $168,593
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
- 73-1414427
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $132,038
- Income (IRS master file)
- $231,114
Revocation and reinstatement
- Exemption revoked
- May 15, 2018
- Posted by the IRS
- August 13, 2018
- Reinstated
- Effective May 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $231,114 | $173,268 | $132,038 | XML |
| 990 | December 2023 | $162,481 | $161,087 | $74,192 | XML |
| 990 | December 2022 | $154,827 | $154,042 | $72,798 | IRS |
| 990 | December 2021 | $410,360 | $409,615 | $74,513 | 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 73-1414427).
Questions about GREENWOOD COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of GREENWOOD COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of GREENWOOD COMMUNITY DEVELOPMENT CORPORATION is 73-1414427.
- Is GREENWOOD COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
- Are donations to GREENWOOD COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREENWOOD COMMUNITY DEVELOPMENT CORPORATION 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 GREENWOOD COMMUNITY DEVELOPMENT CORPORATION 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 GREENWOOD COMMUNITY DEVELOPMENT CORPORATION 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 GREENWOOD COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names FREEMAN CULVER.
- Who are the officers and directors of GREENWOOD COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does GREENWOOD COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $231,114, expenses of $173,268 and total assets of $132,038 at year end.
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All nonprofits in TULSA · Oklahoma · Community improvement and capacity building