Nonprofit · EIN 74-2899050
CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION
Tax-exempt · AUSTIN, TX 78721
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $0 | $175,283 | -$175,283 | $6,801,320 | $8,327,510 | -$1,526,190 |
| December 31, 2023 | 990 (amended) | $51,032 | $101,005 | -$49,973 | $1,992,019 | $3,342,926 | -$1,350,907 |
| December 31, 2022 | 990 | $3,039 | $98,183 | -$95,144 | $1,561,086 | $2,862,020 | -$1,300,934 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- 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
- $8,694
- Depreciation
- $105,728
- Program services (functional)
- $112,589
- Management and general (functional)
- $62,694
Balance sheet and other
- Total assets, start of year
- $1,992,019
- Total assets, end of year
- $6,801,320
- Total liabilities, end of year
- $8,327,510
- Net assets, end of year
- -$1,526,190
- Land, buildings and equipment
- $589,889
- Net assets without donor restrictions
- -$1,526,190
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1998
- State of legal domicile
- TX
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 |
|---|---|---|---|
| TANYA BIRKS | BOARD MEMBER Trustee or director | – | $0 |
| DAVID CARROLL | BOARD MEMBER Trustee or director | – | $0 |
| WILLIS HUNT | BOARD MEMBER Trustee or director | – | $0 |
| EDNA RHAMBO | BOARD MEMBER Trustee or director | – | $0 |
| MATT WILBY | BOARD MEMBER Trustee or director | – | $0 |
| JOHN WILLIAMS-MEYER | BOARD MEMBER Trustee or director | – | $0 |
| MICHAEL WILT | BOARD MEMBER Trustee or director | – | $0 |
| SAM COVEY | VICE PRESIDE Officer | – | $0 |
| SEAN GARRETSON | PRESIDENT Officer | – | $0 |
| JAMES JOHNSON | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TANYA BIRKS | BOARD MEMBER Trustee or director | – | $0 |
| DAVID CARROLL | BOARD MEMBER Trustee or director | – | $0 |
| WILLIS HUNT | BOARD MEMBER Trustee or director | – | $0 |
| EDNA RHAMBO | BOARD MEMBER Trustee or director | – | $0 |
| MATT WILBY | BOARD MEMBER Trustee or director | – | $0 |
| JOHN WILLIAMS-MEYER | BOARD MEMBER Trustee or director | – | $0 |
| MICHAEL WILT | BOARD MEMBER Trustee or director | – | $0 |
| SAM COVEY | VICE PRESIDE Officer | – | $0 |
| SEAN GARRETSON | PRESIDENT Officer | – | $0 |
| JAMES JOHNSON | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2022: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TANYA BIRKS | BOARD MEMBER Trustee or director | – | $0 |
| DAVID CARROLL | BOARD MEMBER Trustee or director | – | $0 |
| WILLIS HUNT | BOARD MEMBER Trustee or director | – | $0 |
| EDNA RHAMBO | BOARD MEMBER Trustee or director | – | $0 |
| MATT WILBY | BOARD MEMBER Trustee or director | – | $0 |
| JOHN WILLIAMS-MEYER | BOARD MEMBER Trustee or director | – | $0 |
| MICHAEL WILT | BOARD MEMBER Trustee or director | – | $0 |
| SAM COVEY | VICE PRESIDE Officer | – | $0 |
| SEAN GARRETSON | PRESIDENT Officer | – | $0 |
| JAMES JOHNSON | TREASURER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 3522 EAST MLK JR BLVD, AUSTIN, TX 78721-1100
- In care of
- % JAMES JOHNSON
- Mailing address (990-N for 2011)
- 2211 East Martin Luther King Jr Bl, Austin TX 78702
- Principal officer (990 for 2024)
- SEAN GARRETSON, 2211 EAST MARTIN LUTHER KING, AUSTIN, TX 78702
- Principal officer (990-N for 2011)
- Sarah Andre, 2211 East Martin Luther King Jr Bl, Austin TX 78702
- Signed the 990
- SEAN GARRETSON, PRESIDENT
- Phone
- (512) 698-3369
- Return prepared by
- MADDOX & ASSOCIATES APC
Mission
SEE SCHEDULE O
Program accomplishments
- DEVELOPER FEES RENDERED FOR MANAGEMENT OF DEVELOPMENT PROJECTSExpenses $112,589
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 74-2899050
- 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-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L99)
- Assets (IRS master file)
- $2,191,768
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $0 | $175,283 | $6,801,320 | XML |
| 990 | December 2023 | $51,032 | $101,005 | $1,992,019 | XML |
| 990 | December 2022 | $3,039 | $98,183 | $1,561,086 | XML |
| 990 | December 2021 | $20,020 | $80,736 | $1,179,775 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2011 Officer: Sarah Andre | December 31, 2011 | ≤ $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 74-2899050).
Questions about CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION
- What is the EIN of CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION?
- The employer identification number (EIN) of CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION is 74-2899050.
- Is CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CHESTNUT NEIGHBORHOOD REVITALIZATION 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 CHESTNUT NEIGHBORHOOD REVITALIZATION 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 CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION?
- The 990 for the year ended December 31, 2024 names SEAN GARRETSON.
- Who are the officers and directors of CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $0, expenses of $175,283 and total assets of $6,801,320 at year end.
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