Nonprofit · EIN 81-4405994
HED GROUP INC
Tax-exempt · TUSCALOOSA, AL 35401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | -$75,021 | $182,000 | -$257,021 | $373,438 | $0 | $373,438 |
| December 31, 2023 | 990 | $1,109,129 | $546,402 | $562,727 | $630,459 | $0 | $630,459 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net income from gaming
- -$75,021
- Other revenue
- -$75,021
Expenses
- Grants and similar amounts paid
- $182,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $182,000
Balance sheet and other
- Total assets, start of year
- $630,459
- Total assets, end of year
- $373,438
- Total liabilities, end of year
- $0
- Net assets, end of year
- $373,438
- Gross receipts
- $8,573,931
- Employees
- 46
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kenneth Hobbs | President Trustee or director, Officer | 25 | $0 |
| Calvin Hobbs | Secretary Treasurer Trustee or director, Officer | 20 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kenneth Hobbs | President Trustee or director, Officer | 25 | $0 |
| Calvin Hobbs | Secretary Treasurer Trustee or director, Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 1130 UNIVERSITY BLVD STE B5 # 350, TUSCALOOSA, AL 35401-0328
- In care of
- % KEN HOBBS
- Mailing address (990-N for 2017)
- 1130 University Blvd B5-350, Tuscaloosa AL 35401
- Principal officer (990 for 2024)
- Kenneth Hobbs, 1130 University Blvd B5-350, Tuscaloosa, AL 35401
- Principal officer (990-N for 2017)
- Kenneth Hobbs, 1130 University Blvd B5-350, Tuscaloosa AL 35401
- Signed the 990
- Kenneth Hobbs, President
- Phone
- (205) 374-7992
- Return prepared by
- WAY RAY SHELTON & CO PC
Mission
The charity rasises money to be distributed to organizations for the public benefit.
Program accomplishments
- The charity rasises money to be distributed by the Greene County Sherriff's office to organization for the public benefit.Expenses $182,000 · grants $182,000 · revenue -$75,021
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
- 81-4405994
- 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 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S80)
- Assets (IRS master file)
- $373,438
- Income (IRS master file)
- $8,573,931
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | -$75,021 | $182,000 | $373,438 | XML |
| 990 | December 2023 | $1,109,129 | $546,402 | $630,459 | XML |
| 990 | December 2022 | $698,907 | $631,175 | $314,876 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Kenneth Hobbs | December 31, 2017 | ≤ $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 81-4405994).
Questions about HED GROUP INC
- What is the EIN of HED GROUP INC?
- The employer identification number (EIN) of HED GROUP INC is 81-4405994.
- Is HED GROUP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to HED GROUP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HED GROUP INC 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 HED GROUP INC 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 HED GROUP INC 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 HED GROUP INC?
- The 990 for the year ended December 31, 2024 names Kenneth Hobbs.
- Who are the officers and directors of HED GROUP INC?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does HED GROUP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of -$75,021, expenses of $182,000 and total assets of $373,438 at year end.
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