Nonprofit · EIN 82-3002447
URBAN COMMUNITY DEVELOPERS INC
Tax-exempt · COVINGTON, KY 41011
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $222,700 | $51,243 | $171,457 | $897,813 | $247,500 | $650,313 |
| December 31, 2023 | 990 | $54,511 | $200,019 | -$145,508 | $639,467 | $255,744 | $383,723 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $148,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $74,700
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $32,850
- Salaries, compensation and benefits (total)
- $32,850
- Professional fundraising fees
- $0
- Depreciation
- $2,328
- Program services (functional)
- $49,156
- Management and general (functional)
- $2,087
Balance sheet and other
- Total assets, start of year
- $639,467
- Total assets, end of year
- $897,813
- Total liabilities, end of year
- $247,500
- Net assets, end of year
- $650,313
- Gross receipts
- $222,700
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2017
- State of legal domicile
- KY
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 |
|---|---|---|---|
| LUKE WOERNER | VICE PRESIDENT (THRU JUNE) Officer | 20 | $32,850 |
| JEANNE SCHROER | DIRECTOR Trustee or director | 0.5 | $0 |
| WILLIAM P BUTLER | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MARTIN C BUTLER | TREASURER Trustee or director, Officer | 0.5 | $0 |
| LEIGH R BUSE | SECRETARY Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LUKE WOERNER | VICE PRESIDENT Officer | 40 | $144,000 |
| JEANNE SCHROER | DIRECTOR Trustee or director | 0.5 | $0 |
| WILLIAM P BUTLER | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MARTIN C BUTLER | TREASURER Trustee or director, Officer | 0.5 | $0 |
| LEIGH R BUSE | SECRETARY Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 100 E RIVERCENTER SUITE 1100, COVINGTON, KY 41011-5815
- In care of
- % MARK G STALL
- Principal officer (990 for 2024)
- LEIGH BUSE, 100 E RIVERCENTER SUITE 1100, COVINGTON, KY 41011
- Signed the 990
- LEIGH BUSE, SECRETARY
- Phone
- (859) 292-5500
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
THE CORPORATION IS ORGANIZED FOR THE PURPOSE OF ELIMINATING BLIGHT AND REVITALIZING NORTHERN KENTUCKY'S URBAN CORE NEIGHBORHOODS IN THE CITIES OF COVINGTON AND NEWPORT, THROUGH ACTIVITIES INCLUDING MAKING AND FACILITATING TARGETED INVESTMENTS IN REAL ESTATE.
Program accomplishments
- THE BOARD PROGRAM HAS PURCHASED LAND AND PLANS HAVE BEEN FINALIZED FOR 11 MORE HOMES TO BE STARTED IN THE NEAR FUTURE IN NEWPORT, KY.Expenses $49,156
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
- 82-3002447
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $897,813
- Income (IRS master file)
- $222,700
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $222,700 | $51,243 | $897,813 | IRS |
| 990 | December 2023 | $54,511 | $200,019 | $639,467 | XML |
| 990 | December 2022 | $0 | $178,430 | $1,138,351 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 82-3002447).
Questions about URBAN COMMUNITY DEVELOPERS INC
- What is the EIN of URBAN COMMUNITY DEVELOPERS INC?
- The employer identification number (EIN) of URBAN COMMUNITY DEVELOPERS INC is 82-3002447.
- Is URBAN COMMUNITY DEVELOPERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to URBAN COMMUNITY DEVELOPERS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does URBAN COMMUNITY DEVELOPERS 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 URBAN COMMUNITY DEVELOPERS 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 URBAN COMMUNITY DEVELOPERS 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 URBAN COMMUNITY DEVELOPERS INC?
- The 990 for the year ended December 31, 2024 names LEIGH BUSE.
- Who are the officers and directors of URBAN COMMUNITY DEVELOPERS INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $32,850 (LUKE WOERNER, VICE PRESIDENT (THRU JUNE)).
- How much revenue does URBAN COMMUNITY DEVELOPERS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $222,700, expenses of $51,243 and total assets of $897,813 at year end.
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All nonprofits in COVINGTON · Kentucky · Community improvement and capacity building