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Nonprofit · EIN 82-5426624

ALAMANCE DREAM CENTER INC

Tax-exempt · BURLINGTON, NC 27217

Financials

$777K$795K2023$481K$485K2024$479K$508K2025
Revenue Expenses · by fiscal year end
Financials of ALAMANCE DREAM CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$479,151$508,101-$28,950$93,188$8,800$84,388
December 31, 2024990$480,558$485,136-$4,578$121,973$8,635$113,338
December 31, 2023990$776,703$795,381-$18,678$126,341$8,425$117,916
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$440,389
of which government grants
$24,185
Program service revenue
$0
Investment income
$0
Net rental income
$38,762
Other revenue
$38,762

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$143,111
Travel
$3,610
Depreciation
$19,488
Program services (functional)
$508,101

Balance sheet and other

Total assets, start of year
$121,973
Total assets, end of year
$93,188
Total liabilities, end of year
$8,800
Net assets, end of year
$84,388
Land, buildings and equipment
$92,230
Net assets without donor restrictions
$84,388
Gross receipts
$479,151
Employees
0
Volunteers
200
Year formed
2018
State of legal domicile
NC

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Matrice WilliamsDirector
Trustee or director
1$0
Dan CoxDirector
Trustee or director
1$0
Dulce CastilloDirector
Trustee or director
1$0
Armando Garcia CamachoDirector
Trustee or director
32$0
Tomas JimenezDirector
Trustee or director
1$0
Julian OsarioDirector
Trustee or director
1$0
Ronnie EnochDirector
Trustee or director
10$0
Peter MuleroSecretary
Officer
1$0
Lisa EdwardsPresident
Officer
32$0
Olu Atanda-OgunleyeTreasurer
Officer
4$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensation
Richard FennelleDirector
Trustee or director
1$0
Bernard HolmesDirector
Trustee or director
1$0
Matrice WilliamsDirector
Trustee or director
1$0
Dan CoxDirector
Trustee or director
1$0
Dulce CastilloDirector
Trustee or director
1$0
Armando Garcia CamachoDirector
Trustee or director
32$0
Tomas JimenezDirector
Trustee or director
1$0
Julian OsarioDirector
Trustee or director
1$0
Ronnie EnochDirector
Trustee or director
1$0
Aracelli LopezSecretary
Officer
1$0
Lisa EdwardsPresident
Officer
32$0
Olu Atanda-OgunleyeTreasurer
Officer
4$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Richard FennelleDirector
Trustee or director
2$0
Bernard HolmesDirector
Trustee or director
1$0
Matrice WilliamsDirector
Trustee or director
1$0
Eric MooreDirector
Trustee or director
1$0
Dulce CastilloDirector
Trustee or director
1$0
Armando Garcia CamachoDirector
Trustee or director
1$0
Tomas JimenezDirector
Trustee or director
1$0
Julian OsarioDirector
Trustee or director
1$0
Ronnie EnochDirector
Trustee or director
1$0
Maria HernandezSecretary
Officer
1$0
Lisa EdwardsPresident
Officer
24$0
Olu Atanda-OgunleyeTreasurer
Officer
4$0

Address and contacts

Address (IRS master file)
1423 N CHURCH ST, BURLINGTON, NC 27217-2876
Mailing address (990-N for 2018)
1423 North Church Street, Burlington NC 27217
Principal officer (990 for 2025)
Lisa Edwards, 1647 Saxapahaw Bethlehem Church, Saxapahaw, NC 27340
Principal officer (990-N for 2018)
Lisa Edwards, 2444 Pepperstone Drive, Graham NC 27253
Signed the 990
Olu Atanda-Ogunleye, Treasurer
Phone
(336) 438-1463

Mission

The Dream Center is a hub of activity for our community. Our dream is to create a sense of belonging within our community so that we can inspire, develop, train, and advocate for children, students, and families in Alamance County.

990 for the year ended December 31, 2025

Program accomplishments

  • Community programs offered have included celebrating together with our diverse Latinx community in a fun and safe environment; gatherings for the whole family, including meals, activities, and fun for all ages; and huge giveaways of clothing, furniture, food, and more for all members of our community.
    Expenses $411,561 · grants $176,533
  • Arts and education programs have included classes to help individuals prepare for the US Citizenship test; ESL program to help adults whose first language is not English to improve their English speaking, reading, and writing skills; and computer classes that teach basic computer concepts, uses of hardware, applications and programs under different operating systems.
    Expenses $96,540 · grants $41,409

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-5426624
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
Assets (IRS master file)
$93,188
Income (IRS master file)
$479,151

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$479,151$508,101$93,188XML
990December 2024$480,558$485,136$121,973XML
990December 2023$776,703$795,381$126,341XML
990December 2022$640,797$561,136$145,065IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-N for 2018
Officer: Lisa Edwards
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 82-5426624).

Questions about ALAMANCE DREAM CENTER INC

What is the EIN of ALAMANCE DREAM CENTER INC?
The employer identification number (EIN) of ALAMANCE DREAM CENTER INC is 82-5426624.
Is ALAMANCE DREAM CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to ALAMANCE DREAM CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALAMANCE DREAM CENTER 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 ALAMANCE DREAM CENTER INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALAMANCE DREAM CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ALAMANCE DREAM CENTER INC?
The 990 for the year ended December 31, 2025 names Lisa Edwards.
Who are the officers and directors of ALAMANCE DREAM CENTER INC?
The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does ALAMANCE DREAM CENTER INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $479,151, expenses of $508,101 and total assets of $93,188 at year end.

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