Nonprofit · EIN 80-0757957
ADVANTIX DEVELOPMENT CORPORATION
Tax-exempt · EVANSVILLE, IN 47713
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,344,750 | $5,324,808 | $19,942 | $23,507,721 | $3,045,611 | $20,462,110 |
| December 31, 2023 | 990 | $9,303,730 | $4,351,297 | $4,952,433 | $26,673,336 | $5,554,016 | $21,119,320 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,510,890
- of which government grants
- $231,864
- Program service revenue
- $2,327,738
- Investment income
- $196,934
- Net gain from sales of assets
- -$18,103
- Net income from sales of inventory
- $1,201,799
- Other revenue
- $1,309,188
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $551,620
- Other salaries and wages
- $1,012,783
- Salaries, compensation and benefits (total)
- $1,904,937
- Professional fundraising fees
- $0
- Legal fees
- $47,869
- Accounting fees
- $34,422
- Occupancy
- $113,775
- Travel
- $108,199
- Depreciation
- $380,598
- Program services (functional)
- $5,324,808
Balance sheet and other
- Total assets, start of year
- $26,673,336
- Total assets, end of year
- $23,507,721
- Total liabilities, end of year
- $3,045,611
- Net assets, end of year
- $20,462,110
- Land, buildings and equipment
- $2,350,915
- Net assets without donor restrictions
- $3,279,424
- Net assets with donor restrictions
- $17,182,686
- Gross receipts
- $22,587,003
- Employees
- 128
- Volunteers
- 7
- Year formed
- 2007
- State of legal domicile
- IN
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Rick Moore | Executive Director Officer | 30 | $170,218 | $72,951 | $26,763 |
| Tim Martin | COO Officer | 40 | $209,992 | $0 | $22,415 |
| Thomas Gibbs | VP Construction Highest-paid employee | 40 | $128,351 | $0 | $2,388 |
| Paul Linz | CFO Officer | 40 | $119,931 | $0 | $2,301 |
| Brenda Guerrero-McKendrick | VP Property Asset Management Highest-paid employee | 40 | $118,340 | $0 | $0 |
| Daphne J Robinson | Commissioner Trustee or director | 1 | $1,300 | $0 | $0 |
| Dianna McGuire | Secretary Trustee or director, Officer | 1 | $1,300 | $0 | $0 |
| David G Hatfield | Chairman Trustee or director, Officer | 1 | $1,200 | $0 | $0 |
| Glenda B Hampton | Commissioner Trustee or director | 1 | $1,200 | $0 | $0 |
| Mildred Thacker | Commissioner Trustee or director | 1 | $1,200 | $0 | $0 |
| Richard Engbers | Commissioner Trustee or director | 1 | $1,200 | $0 | $0 |
| Sabino Humbane | Vice Chairman Trustee or director, Officer | 1 | $900 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Rick Moore | Executive Director Officer | 30 | $0 | $210,800 | $38,471 |
| Tim Martin | COO Officer | 40 | $0 | $172,760 | $42,825 |
| Thomas Gibbs | VP of Construction Highest-paid employee | 40 | $117,118 | $0 | $0 |
| Angela Harper-Sperry | Director of Finance Highest-paid employee | 40 | $102,717 | $0 | $8,317 |
| David G Hatfield | Chairman Trustee or director, Officer | 1 | $1,400 | $0 | $0 |
| Richard Engbers | Commissioner Trustee or director | 1 | $1,400 | $0 | $0 |
| Daphne J Robinson | Vice Chairman Trustee or director, Officer | 1 | $1,400 | $0 | $0 |
| Dianna McGuire | Commissioner Trustee or director | 1 | $1,400 | $0 | $0 |
| Glenda B Hampton | Commissioner Trustee or director | 1 | $1,300 | $0 | $0 |
| Mildred Thacker | Secretary Trustee or director, Officer | 1 | $1,300 | $0 | $0 |
| Sabino Humbane | Commissioner Trustee or director | 0.5 | $400 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 SE 10TH ST, EVANSVILLE, IN 47713-1584
- Mailing address (990-N for 2014)
- 500 COURT STREET, EVANSVILLE IN 47708
- Principal officer (990 for 2024)
- Rick Moore, 500 SE 10th Street, Evansville, IN 47713
- Principal officer (990-N for 2014)
- RICK MOORE, 500 COURT STREET, EVANSVILLE IN 47708
- Signed the 990
- Rick Moore, Executive Director
- Phone
- (812) 428-8500
- Website
- www.advantixcorp.com
- Return prepared by
- Barnes Dennig & Co LTD
Mission
To own, operate, purchase, sell and manage real estate and affordable housing.
Program accomplishments
- Managing non federal low income housing.Expenses $5,324,808 · revenue $3,529,537
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
- 80-0757957
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $23,507,721
- Income (IRS master file)
- $22,587,003
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,344,750 | $5,324,808 | $23,507,721 | IRS |
| 990 | December 2023 | $9,303,730 | $4,351,297 | $26,673,336 | XML |
| 990 | December 2022 | $5,194,127 | $3,393,165 | $26,637,427 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: RICK MOORE | December 31, 2014 | ≤ $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 80-0757957).
Questions about ADVANTIX DEVELOPMENT CORPORATION
- What is the EIN of ADVANTIX DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of ADVANTIX DEVELOPMENT CORPORATION is 80-0757957.
- Is ADVANTIX DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to ADVANTIX DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ADVANTIX 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 ADVANTIX 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 ADVANTIX 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 ADVANTIX DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names Rick Moore.
- Who are the officers and directors of ADVANTIX DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 12 people; 12 received compensation from the organization, the highest $170,218 (Rick Moore, Executive Director).
- How much revenue does ADVANTIX DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,344,750, expenses of $5,324,808 and total assets of $23,507,721 at year end.
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