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Nonprofit · EIN 82-2984093

MUNCIE LAND BANK INC

Tax-exempt · MUNCIE, IN 47305

Financials

$206K$168K2023$133K$225K2024
Revenue Expenses · by fiscal year end
Financials of MUNCIE LAND BANK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$133,268$224,537-$91,269$209,234$554$208,680
December 31, 2023990$206,203$168,040$38,163$300,607$658$299,949
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$84,105
of which government grants
$22,500
Program service revenue
$46,618
Investment income
$2,545
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$69,089
Salaries, compensation and benefits (total)
$78,829
Professional fundraising fees
$0
Legal fees
$1,144
Accounting fees
$6,094
Occupancy
$5,760
Travel
$839
Depreciation
$1,333
Program services (functional)
$191,693
Management and general (functional)
$32,844

Balance sheet and other

Total assets, start of year
$300,607
Total assets, end of year
$209,234
Total liabilities, end of year
$554
Net assets, end of year
$208,680
Land, buildings and equipment
$92,095
Net assets without donor restrictions
$163,680
Net assets with donor restrictions
$45,000
Gross receipts
$133,268
Employees
1
Volunteers
9
Year formed
2017
State of legal domicile
IN

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
JOHN WESTBOARD MEMBER
Trustee or director
2$0
BRAD KINGCHAIR
Trustee or director, Officer
2$0
JAMES LOWEBOARD MEMBER
Trustee or director
1$0
HEATHER WILLIAMSSECRETARY
Trustee or director, Officer
2$0
JASON DONATIVICE CHAIR
Trustee or director, Officer
2$0
KYLE JOHNSONBOARD MEMBER
Trustee or director
1$0
ANNETTE PHILLIPSTREASURER
Trustee or director, Officer
2$0
MELANIE WHITEBOARD MEMBER
Trustee or director
1$0
REBEKAH HANNABOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JOHN WESTBOARD MEMBER
Trustee or director
2$0
BRAD KINGCHAIR
Trustee or director, Officer
2$0
JAMES LOWEBOARD MEMBER
Trustee or director
1$0
HEATHER WILLIAMSSECRETARY
Trustee or director, Officer
2$0
JASON DONATIVICE CHAIR
Trustee or director, Officer
2$0
KYLE JOHNSONBOARD MEMBER
Trustee or director
1$0
ANNETTE PHILLIPSTREASURER
Trustee or director, Officer
2$0
MELANIE WHITEBOARD MEMBER
Trustee or director
1$0
REBEKAH HANNABOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
515 E MAIN ST STE 119, MUNCIE, IN 47305-1875
In care of
% DR JOHN H WEST
Mailing address (990-N for 2018)
2000 W University, Muncie IN 47306
Principal officer (990 for 2024)
NATHANIEL HOWARD, 515 E MAIN STREET, MUNCIE, IN 47305
Principal officer (990-N for 2018)
Dr John H West, 2000 W University AB 327, Muncie IN 47306
Signed the 990
NATHANIEL HOWARD, EXECUTIVE DIRECTOR
Phone
(765) 201-8928
Return prepared by
WHITINGER & COMPANY LLC

Mission

AID IN THE ECONOMIC REVITALIZATION OF MUNCIE INDIANA THROUGH SECURING LAND FOR HOUSING INITIATIVES AND URBAN RENEWAL

990 for the year ended December 31, 2024

Program accomplishments

  • SECURING BLIGHTED LAND IN MUNCIE INDIANA TO AID IN HOUSING INITIATIVES AND URBAN RENEWAL
    Expenses $191,693 · revenue $46,618

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 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

IRS record

EIN
82-2984093
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$209,234
Income (IRS master file)
$133,268

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$133,268$224,537$209,234IRS
990December 2023$206,203$168,040$300,607XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2018
Officer: Dr John H West
December 31, 2018≤ $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 82-2984093).

Questions about MUNCIE LAND BANK INC

What is the EIN of MUNCIE LAND BANK INC?
The employer identification number (EIN) of MUNCIE LAND BANK INC is 82-2984093.
Is MUNCIE LAND BANK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to MUNCIE LAND BANK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MUNCIE LAND BANK 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 MUNCIE LAND BANK 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 MUNCIE LAND BANK 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 MUNCIE LAND BANK INC?
The 990 for the year ended December 31, 2024 names NATHANIEL HOWARD.
Who are the officers and directors of MUNCIE LAND BANK INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does MUNCIE LAND BANK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $133,268, expenses of $224,537 and total assets of $209,234 at year end.

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