Nonprofit · EIN 82-4741844
INVESTING IN COMMUNITIES
Tax-exempt · OWENSBORO, KY 42303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,230,371 | $3,254,379 | -$24,008 | $3,751,751 | $1,966,985 | $1,784,766 |
| June 30, 2024 | 990 | $3,167,855 | $2,925,496 | $242,359 | $9,488,049 | $2,155,893 | $7,332,156 |
| June 30, 2023 | 990 | $3,979,345 | $2,308,838 | $1,670,507 | $9,492,713 | $1,790,668 | $7,702,045 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,242
- Investment income
- $4,549
- Net rental income
- $3,184,223
- Other revenue
- $3,222,580
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $281,039
- Salaries, compensation and benefits (total)
- $388,094
- Professional fundraising fees
- $0
- Legal fees
- $7,515
- Accounting fees
- $5,460
- Occupancy
- $65,792
- Depreciation
- $362,732
- Program services (functional)
- $1,670,289
- Management and general (functional)
- $1,584,090
Balance sheet and other
- Total assets, start of year
- $4,236,839
- Total assets, end of year
- $3,751,751
- Total liabilities, end of year
- $1,966,985
- Net assets, end of year
- $1,784,766
- Gross receipts
- $3,230,371
- Employees
- 0
- Year formed
- 2018
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RITA MOORMAN | CHAIRPERSON Trustee or director | 1 | $0 |
| DEBBIE FILLMAN | DIRECTOR Trustee or director | – | $0 |
| TOM COVINGTON | DIRECTOR Trustee or director | – | $0 |
| RICK SEARCY | DIRECTOR Trustee or director | – | $0 |
| TONYA BARR | DIRECTOR Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RITA MOORMAN | CHAIRPERSON Trustee or director | 1 | $0 |
| DEBBIE FILLMAN | DIRECTOR Trustee or director | 0.5 | $0 |
| TOM COVINGTON | DIRECTOR Trustee or director | 0.5 | $0 |
| JEAN MADDOX | DIRECTOR Trustee or director | 0.5 | $0 |
| RICK SEARCY | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RITA MOORMAN | CHAIRPERSON Trustee or director | 1 | $0 |
| ADRIAN FRAZIER | DIRECTOR Officer | 0.5 | $0 |
| JEAN MADDOX | DIRECTOR Officer | 0.5 | $0 |
| TOM COVINGTON | DIRECTOR Officer | 0.5 | $0 |
| RICK SEARCY | DIRECTOR Officer | 0.5 | $0 |
| SHAUNA BOOM | OFFICER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2161 E 19TH ST, OWENSBORO, KY 42303-1218
- In care of
- % SHAUNA BOOM
- Mailing address (990-N for 2019)
- 2161 East 19th Street, Owensboro KY 42303
- Principal officer (990 for 2024)
- SHAUNA BOOM, 2161 E 19TH ST, OWENSBORO, KY 42303
- Principal officer (990-N for 2019)
- Shauna Boom, 2161 East 19th Street, Owensboro KY 42303
- Signed the 990
- KIM SAMPSON, ACCOUNTANT
- Phone
- (270) 683-5365
- Return prepared by
- BLUEGRASS TAX SERVICE LLC
Mission
TO NBSP;PROVIDE NBSP;AFFORDABLE NBSP;HOUSING NBSP;TO NBSP;LOW NBSP;INCOME NBSP;FAMILIES NBSP;IN NBSP;OUR NBSP;COMMUNITY
Program accomplishments
- RENTAL INCOME FROM 5 HOUSING UNITS OCCUPIED BY LOW INCOME FAMILIES. RENTS ARE SUBSIDIZED AND UTILITIES ARE INCLUDED.Expenses $3,254,379 · revenue $3,230,371
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 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-4741844
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $3,751,751
- Income (IRS master file)
- $3,230,371
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,230,371 | $3,254,379 | $3,751,751 | IRS |
| 990 | June 2024 | $3,167,855 | $2,925,496 | $9,488,049 | IRS |
| 990 | June 2023 | $3,979,345 | $2,308,838 | $9,492,713 | XML |
| 990 | June 2022 | $2,081,251 | $2,284,087 | $7,239,812 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-N for 2019 Officer: Shauna Boom | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: Rita Moorman | June 30, 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 82-4741844).
Questions about INVESTING IN COMMUNITIES
- What is the EIN of INVESTING IN COMMUNITIES?
- The employer identification number (EIN) of INVESTING IN COMMUNITIES is 82-4741844.
- Is INVESTING IN COMMUNITIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to INVESTING IN COMMUNITIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INVESTING IN COMMUNITIES 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 INVESTING IN COMMUNITIES 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 INVESTING IN COMMUNITIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INVESTING IN COMMUNITIES?
- The 990 for the year ended June 30, 2025 names SHAUNA BOOM.
- Who are the officers and directors of INVESTING IN COMMUNITIES?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does INVESTING IN COMMUNITIES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,230,371, expenses of $3,254,379 and total assets of $3,751,751 at year end.
Other nonprofits in OWENSBORO
- DANIEL PITINO SHELTER INC EIN 61-1245271 · last filed 990 for 2025
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 61-1140804 · last filed 990 for 2025
- GREATER OWENSBORO SENIOR CITIZENS UNION LABOR HOUSING CORPORATION EIN 51-0167182 · last filed 990 for 2025
- MY SISTERS KEEPER EIN 85-3537956 · last filed 990 for 2024
- GREEN RIVER ASSET BUILDING COALITION INC EIN 82-5319356 · last filed 990 for 2025
- FREEDOM BRIDGE TO RECOVERY II INC EIN 84-3255936 · last filed 990 for 2023
- CROSSROADS INC EIN 30-0363137 · last filed 990-EZ for 2021
- OWENSBORO AREA AFFORDABLE HOUSING SOLUTIONS EIN 81-2937594 · last filed 990 for 2025
All nonprofits in OWENSBORO · Kentucky · Housing and shelter