Nonprofit · EIN 81-1381404
PROVIDENT COMMONWEALTH EDUCATION RESOURCES
Tax-exempt · BATON ROUGE, LA 70808
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $14,002,273 | $15,172,011 | -$1,169,738 | $128,526,780 | $153,161,820 | -$24,635,040 |
| December 31, 2023 | 990 | $13,822,769 | $15,035,446 | -$1,212,677 | $133,223,033 | $156,688,335 | -$23,465,302 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $13,288,989
- Investment income
- $713,284
- Tax-exempt bond proceeds
- $713,284
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $277,981
- Salaries, compensation and benefits (total)
- $401,901
- Professional fundraising fees
- $0
- Legal fees
- $283
- Accounting fees
- $47,931
- Occupancy
- $1,259,244
- Travel
- $9,001
- Depreciation
- $4,448,696
- Program services (functional)
- $14,978,069
- Management and general (functional)
- $193,942
Balance sheet and other
- Total assets, start of year
- $133,223,033
- Total assets, end of year
- $128,526,780
- Total liabilities, end of year
- $153,161,820
- Net assets, end of year
- -$24,635,040
- Land, buildings and equipment
- $110,756,619
- Net assets without donor restrictions
- -$24,635,040
- Gross receipts
- $14,002,273
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2016
- State of legal domicile
- MA
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 |
|---|---|---|---|---|---|
| STEVE HICKS | PRESIDENT Officer | 1 | $0 | $1,082,919 | $28,552 |
| CHRISTOPHER HICKS | VICE PRESIDENT & ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $859,241 | $50,541 |
| DONOVAN O HICKS | VICE PRESIDENT & ASSISTANT CLERK Officer | 1 | $0 | $604,426 | $40,258 |
| WALTER BUMPHUS PHD | CLERK & SECRETARY Trustee or director, Officer | 1 | $0 | $24,000 | $0 |
| NANCY H HENZE | DIRECTOR Trustee or director | 1 | $0 | $24,000 | $0 |
| BARBARA KRONCKE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KATHLEEN KIRLEIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STEVE HICKS | PRESIDENT Officer | 1 | $0 | $3,471,707 | $27,395 |
| CHRISTOPHER HICKS | VICE PRESIDENT AND ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $794,040 | $46,385 |
| DONOVAN O HICKS | VICE PRESIDENT AND ASSISTANT CLERK Officer | 1 | $0 | $604,250 | $37,860 |
| WALTER BUMPHUS PH D | CLERK AND SECRETARY Trustee or director, Officer | 1 | $0 | $24,000 | $0 |
| NANCY H HENZE | DIRECTOR Trustee or director | 1 | $0 | $24,000 | $0 |
| BARBARA KRONCKE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KATHLEEN KIRLEIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5565 BANKERS AVE, BATON ROUGE, LA 70808-2608
- In care of
- % PROVIDENT RESOURCES GROUP INC
- Principal officer (990 for 2024)
- STEVE HICKS, 5565 BANKERS AVENUE, BATON ROUGE, LA 70808
- Signed the 990
- DONOVAN O HICKS, VP & ASSISTANT CLERK
- Phone
- (225) 766-3977
- Return prepared by
- CROWE LLP
Mission
PROVIDENT COMMONWEALTH EDUCATION RESOURCES, INC. PROMOTES AND ADVANCES EDUCATION THROUGH THE ACQUISITION, PLANNING, DEVELOPMENT, FINANCING, EQUIPPING, MANAGING, OPERATING, AND MAINTAINING OF ONE OR MORE DORMITORY FACILITIES, DINING FACILITIES, PARKING FACILITIES, AND OTHER ANCILLARY FACILITIES ON THE CAMPUS OF THE UNIVERSITY OF MASSACHUSETTS BOSTON AND MEMBER INSTITUTIONS.
Program accomplishments
- PROVIDENT COMMONWEALTH EDUCATION RESOURCES INC. PROMOTES AND ADVANCES EDUCATION THROUGH THE DEVELOPMENT, CONSTRUCTION, ACQUISITION, OWNERSHIP, MANAGEMENT, MAINTENANCE, OPERATION, AND DISPOSITION OF EDUCATION-RELATED FACILITIES AND THROUGH THE PROVISION OF VARIOUS RELATED PROGRAMS, ACTIVITIES AND SERVICES.Expenses $14,978,069 · revenue $13,288,989
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
- 81-1381404
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $128,526,780
- Income (IRS master file)
- $14,002,273
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $14,002,273 | $15,172,011 | $128,526,780 | IRS |
| 990 | December 2023 | $13,822,769 | $15,035,446 | $133,223,033 | XML |
| 990 | December 2022 | $12,563,325 | $14,952,475 | $138,049,827 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 81-1381404).
Questions about PROVIDENT COMMONWEALTH EDUCATION RESOURCES
- What is the EIN of PROVIDENT COMMONWEALTH EDUCATION RESOURCES?
- The employer identification number (EIN) of PROVIDENT COMMONWEALTH EDUCATION RESOURCES is 81-1381404.
- Is PROVIDENT COMMONWEALTH EDUCATION RESOURCES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to PROVIDENT COMMONWEALTH EDUCATION RESOURCES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does PROVIDENT COMMONWEALTH EDUCATION RESOURCES 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 PROVIDENT COMMONWEALTH EDUCATION RESOURCES 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 PROVIDENT COMMONWEALTH EDUCATION RESOURCES 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 PROVIDENT COMMONWEALTH EDUCATION RESOURCES?
- The 990 for the year ended December 31, 2024 names STEVE HICKS.
- Who are the officers and directors of PROVIDENT COMMONWEALTH EDUCATION RESOURCES?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does PROVIDENT COMMONWEALTH EDUCATION RESOURCES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $14,002,273, expenses of $15,172,011 and total assets of $128,526,780 at year end.
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