Nonprofit · EIN 81-3686853
DRM TITLE HOLDING CORPORATION
Tax-exempt · HUNTSVILLE, AL 35816
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2023 | 990 | $7,500,000 | $6,473,965 | $1,026,035 | $0 | $0 | $0 |
Financial details: 990 for the year ended June 30, 2023
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $7,500,000
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $186,450
- Program services (functional)
- $6,473,965
Balance sheet and other
- Total assets, start of year
- $6,473,965
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets, end of year
- $0
- Gross receipts
- $7,500,000
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2016
- State of legal domicile
- AL
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 June 30, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIRK THOMPSON | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| PHILLIP BENTLEY III | TREASURER Trustee or director, Officer | 1 | $0 |
| FRED COFFEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| JOHN GIBSON | MEMBER Trustee or director | 1 | $0 |
| DOUG ROBERTS | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1400 EVANGEL DR NW, HUNTSVILLE, AL 35816-2210
- In care of
- % DOWNTOWN RESCUE MISSION
- Principal officer (990 for 2022)
- KIRK THOMPSON, 1400 EVANGEL DR NW, HUNTSVILLE, AL 35816
- Signed the 990
- KIRK THOMPSON, CHAIRMAN
- Phone
- (256) 536-2441
- Return prepared by
- MERCER & ASSOCIATES PC
Mission
THE DRM TITLE HOLDING CORPORATION IS OPERATED FOR THE CHARITABLE PURPOSE OF HOLDING TITLE OR A LEASEHOLD INTEREST IN PROPERTY, COLLECTING INCOME FROM THAT PROPERTY, AND TURNING
Program accomplishments
- THE CONSTRUCTION OF A NEW WOMEN'S AND CHILDREN'S SHELTER TO BE TURNED OVER TO DOWNTOWN RESCUE MISSION, INC. UPON COMPLETION
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | Not on file |
IRS record
- EIN
- 81-3686853
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Income (IRS master file)
- $7,500,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2023 | $7,500,000 | $6,473,965 | $0 | XML |
| 990 | June 2022 | $0 | $186,449 | $6,473,965 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 81-3686853).
Questions about DRM TITLE HOLDING CORPORATION
- What is the EIN of DRM TITLE HOLDING CORPORATION?
- The employer identification number (EIN) of DRM TITLE HOLDING CORPORATION is 81-3686853.
- Is DRM TITLE HOLDING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2016.
- Are donations to DRM TITLE HOLDING CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DRM TITLE HOLDING 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 DRM TITLE HOLDING CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DRM TITLE HOLDING CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2023.
- Who is the principal officer of DRM TITLE HOLDING CORPORATION?
- The 990 for the year ended June 30, 2023 names KIRK THOMPSON.
- Who are the officers and directors of DRM TITLE HOLDING CORPORATION?
- The 990 for the year ended June 30, 2023 lists 5 people; 0 received compensation from the organization.
- How much revenue does DRM TITLE HOLDING CORPORATION have?
- On its 990 for the year ended June 30, 2023 it reported revenue of $7,500,000, expenses of $6,473,965 and total assets of $0 at year end.
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