Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 81-3050143

FREEPORT DEVELOPMENT CORPORATION

Tax-exempt · FREEPORT, IL 61032

Financials

$0$02023$0$02024
Revenue Expenses · by fiscal year end
Financials of FREEPORT DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$0$0$0$7,405,000$0$7,405,000
December 31, 2023990$0$0$0$7,405,000$0$7,405,000
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

Balance sheet and other

Total assets, start of year
$7,405,000
Total assets, end of year
$7,405,000
Total liabilities, end of year
$0
Net assets, end of year
$7,405,000
Gross receipts
$0
Employees
0
Volunteers
0
Year formed
2016
State of legal domicile
IL

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.

NameTitleHours / weekCompensation
ANDRA TAYLOR JRPRESIDENT
Trustee or director, Officer
1$0
LITESA WALLACEVICE PRESIDENT
Trustee or director, Officer
1$0
TANYA RODRIGUEZSECRETARY
Trustee or director
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ANDRA TAYLOR JRPRESIDENT
Trustee or director, Officer
1$0
LITESA WALLACEVICE PRESIDENT
Trustee or director, Officer
1$0
TANYA RODRIGUEZSECRETARY
Trustee or director
1$0

Address and contacts

Address (IRS master file)
710 KIWANIS DR APT 3, FREEPORT, IL 61032-4547
Principal officer (990 for 2024)
ANDRA TAYLOR JR, 710 KIWANIS DRIVE 3, FREEPORT, IL 61032
Signed the 990
ANDRA TAYLOR JR, PRESIDENT
Phone
(847) 562-9410
Return prepared by
RUBINBROWN LLP

Mission

DEVELOPMENT AND SUPPORT OF AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME HOUSEHOLDS.

990 for the year ended December 31, 2024

Program accomplishments

  • DEVELOPMENT AND SUPPORT OF AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME HOUSEHOLDS.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-N for FREEPORT DEVELOPMENT CORPORATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
81-3050143
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
2017
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$7,405,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$0$0$7,405,000XML
990December 2023$0$0$7,405,000XML
990December 2022$0$0$7,405,000IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 81-3050143).

Questions about FREEPORT DEVELOPMENT CORPORATION

What is the EIN of FREEPORT DEVELOPMENT CORPORATION?
The employer identification number (EIN) of FREEPORT DEVELOPMENT CORPORATION is 81-3050143.
Is FREEPORT DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to FREEPORT DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREEPORT DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FREEPORT 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 FREEPORT 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 FREEPORT DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names ANDRA TAYLOR JR.
Who are the officers and directors of FREEPORT DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does FREEPORT DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $0, expenses of $0 and total assets of $7,405,000 at year end.

Other nonprofits in FREEPORT

All nonprofits in FREEPORT · Illinois · Housing and shelter