Nonprofit · EIN 81-3465398
GRACE URBAN DEVELOPMENT CORPORATION
Tax-exempt · DAYTON, OH 45406
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $724,713 | $634,553 | $90,160 | $183,521 | $847 | $182,674 |
| December 31, 2023 | 990 | $294,155 | $571,819 | -$277,664 | $93,403 | $889 | $92,514 |
| December 31, 2022 | 990 | $515,523 | $145,345 | $370,178 | $370,233 | $55 | $370,178 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $596,657
- of which government grants
- $243,304
- Program service revenue
- $128,055
- Investment income
- $1
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $44,046
- Other salaries and wages
- $280,513
- Salaries, compensation and benefits (total)
- $349,570
- Professional fundraising fees
- $198
- Accounting fees
- $20,588
- Travel
- $10,674
- Depreciation
- $12,056
- Program services (functional)
- $528,000
- Management and general (functional)
- $106,355
- Fundraising (functional)
- $198
Balance sheet and other
- Total assets, start of year
- $93,403
- Total assets, end of year
- $183,521
- Total liabilities, end of year
- $847
- Net assets, end of year
- $182,674
- Land, buildings and equipment
- $30,140
- Net assets without donor restrictions
- $182,674
- Gross receipts
- $724,713
- Employees
- 31
- Volunteers
- 15
- Year formed
- 2016
- State of legal domicile
- OH
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 |
|---|---|---|---|
| Debbie Nerderman | Executive Dir. Officer | 30 | $44,046 |
| Steve Putka | Chairman Trustee or director, Officer | 2 | $0 |
| Cindy Cary | Secretary Trustee or director, Officer | 2 | $0 |
| Rachelle Dulan DO | Trustee Trustee or director | 1 | $0 |
| Susan E Hines MBA-HCM | Trustee Trustee or director | 1 | $0 |
| Dawn Barhorst | Trustee Trustee or director | 1 | $0 |
| Anthony Head | Trustee Trustee or director | 1 | $0 |
| Kimberly Luse | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Putka | Chairman Trustee or director, Officer | 3 | $0 |
| Cindy Cary | Secretary Trustee or director, Officer | 5 | $0 |
| Derek Allen | Trustee Trustee or director, Officer | 2 | $0 |
| Rachel Dulan DO | Trustee Trustee or director, Officer | 3 | $0 |
| Susan E Hines MBA-HCM | Trustee Trustee or director, Officer | 3 | $0 |
| Alex Smith | Trustee Trustee or director, Officer | 4 | $0 |
| Debbie Nerderman | Executive Dir. Trustee or director | 30 | $0 |
990 for the year ended December 31, 2022: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Debbie Nerderman | Executive Dir. Trustee or director | 30 | $6,250 |
| Steve Putka | Chairman Trustee or director, Officer | 3 | $0 |
| Cindy Cary | Secretary Trustee or director, Officer | 5 | $0 |
| Derek Allen | Trustee Trustee or director, Officer | 2 | $0 |
| Rachel Dulan DO | Trustee Trustee or director, Officer | 3 | $0 |
| Susan E Hines MBA-HCM | Trustee Trustee or director, Officer | 3 | $0 |
| Alex Smith | Trustee Trustee or director, Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1001 HARVARD BLVD, DAYTON, OH 45406-5042
- In care of
- % AARON HILL
- Mailing address (990-N for 2021)
- 1001 Harvard Boulevard, Dayton OH 45406
- Principal officer (990 for 2024)
- Deborah Nerderman
- Principal officer (990-N for 2021)
- Carmelia Osley, 1001 Harvard Boulevard, Dayton OH 45406
- Signed the 990
- Deborah Nerderman, Executive Director
- Phone
- (937) 278-4731
- Return prepared by
- Mosaic Bookkeeping LLC
Mission
Grace Urban Development GUD is a non-profit agency located in the City of Dayton, Ohio that operates exclusively for improving the quality of life of people through community economic development, housing development, and job training. GUD provides prevention and intervention services for residents in the Greater Dayton community by addressing social, racial, economic, and health disparities that impede individuals' development.
Program accomplishments
- Dayton Cooks: Trained 17 individuals in culinary arts, provided 78,000 meals and snacks to afterschool programsExpenses $354,916 · revenue $128,055
- Neighborhood School: Provided resources for 400 families of children attending Louise Tory Elementary SchoolExpenses $59,794
- 21st Century Program: Provided afterschool programming for 35 children focusing on literacy and math, provided Freedom School for 60 studentsExpenses $57,725
- Freedom School - provided 45 scholars with 6 weeks of high quality academic enrichment to help children develop language and reading skills.Expenses $54,527
- H.O.P.E. Ministries, & Other General ProgramingExpenses $1,038
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
- 81-3465398
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $183,521
- Income (IRS master file)
- $724,713
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $724,713 | $634,553 | $183,521 | XML |
| 990 | December 2023 | $294,155 | $571,819 | $93,403 | XML |
| 990 | December 2022 | $515,523 | $145,345 | $370,233 | XML |
| 990-N for 2021 Officer: Carmelia Osley | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Rhea Smith | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Rhea Smith | December 31, 2019 | ≤ $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 81-3465398).
Questions about GRACE URBAN DEVELOPMENT CORPORATION
- What is the EIN of GRACE URBAN DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of GRACE URBAN DEVELOPMENT CORPORATION is 81-3465398.
- Is GRACE URBAN DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to GRACE URBAN DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRACE URBAN 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 GRACE URBAN 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 GRACE URBAN 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 GRACE URBAN DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names Deborah Nerderman.
- Who are the officers and directors of GRACE URBAN DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $44,046 (Debbie Nerderman, Executive Dir.).
- How much revenue does GRACE URBAN DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $724,713, expenses of $634,553 and total assets of $183,521 at year end.
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