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Nonprofit · EIN 83-1723828

550 ACOMA INC

Tax-exempt · DENVER, CO 80203

Financials

$2.5M$2.8M2023$2.5M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of 550 ACOMA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,494,322$2,762,779-$268,457$26,680,448$37,167,275-$10,486,827
December 31, 2023990$2,496,113$2,799,424-$303,311$27,816,406$38,034,776-$10,218,370
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$26,222
Net rental income
$2,468,100
Other revenue
$2,468,100

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$1,062,866
Program services (functional)
$2,762,779

Balance sheet and other

Total assets, start of year
$27,816,406
Total assets, end of year
$26,680,448
Total liabilities, end of year
$37,167,275
Net assets, end of year
-$10,486,827
Land, buildings and equipment
$23,758,439
Net assets without donor restrictions
-$10,486,827
Gross receipts
$2,494,322
Employees
0
Volunteers
0
Year formed
2018
State of legal domicile
CO

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 / weekCompensationFrom related orgsOther / benefits
Enid A WadeSECRETARY
Trustee or director, Officer
1$0$462,458$68,232
Ansar HassanPRESIDENT-THROUGH 10/2024
Trustee or director, Officer
2$0$312,005$83,303
Matt WatfordTREASURER
Trustee or director, Officer
1$0$189,200$49,314
April AudainPRESIDENT & CHAIR
Trustee or director, Officer
1$0$145,937$27,118
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ENID A WADESECRETARY
Trustee or director, Officer
2$0$415,618$61,510
FARAZ KHANPRESIDENT - THROUGH 5/2023
Trustee or director, Officer
2$0$284,558$48,319
ANSAR HASSANPRESIDENT
Trustee or director, Officer
2$0$246,134$53,961
MATT WATFORDTREASURER
Trustee or director, Officer
1$0$144,900$41,251

Address and contacts

Address (IRS master file)
601 N BROADWAY FL 6TH, DENVER, CO 80203-3407
In care of
% FARAZ KHAN
Principal officer (990 for 2024)
Ansar Hassan, 601 N Broadway Fl 6th, Denver, CO 80204
Signed the 990
April Audain, President/Treasurer
Phone
(303) 602-7045
Return prepared by
Forvis Mazars LLP

Mission

THE MISSION OF THE ORGANIZATION IS TO CONSTRUCT A PARKING GARAGE FOR USE BY DENVER HEALTH AND HOSPITAL AUTHORITY AT 550 ACOMA ST. IN DENVER, COLORADO.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION'S OBJECTIVES ARE TO CONSTRUCT AND FUND A NEW PARKING GARAGE FOR USE BY DENVER HEALTH AND HOSPITAL AUTHORITY AT 550 ACOMA ST. IN DENVER, COLORADO.
    Expenses $2,762,779

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
83-1723828
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E11)
Assets (IRS master file)
$26,680,448
Income (IRS master file)
$2,494,322

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,494,322$2,762,779$26,680,448XML
990December 2023$2,496,113$2,799,424$27,816,406XML
990December 2022$2,479,367$2,834,320$28,952,073IRS
990December 2021–––IRS
990December 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 83-1723828).

Questions about 550 ACOMA INC

What is the EIN of 550 ACOMA INC?
The employer identification number (EIN) of 550 ACOMA INC is 83-1723828.
Is 550 ACOMA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to 550 ACOMA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does 550 ACOMA 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 550 ACOMA 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 550 ACOMA 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 550 ACOMA INC?
The 990 for the year ended December 31, 2024 names Ansar Hassan.
Who are the officers and directors of 550 ACOMA INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does 550 ACOMA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,494,322, expenses of $2,762,779 and total assets of $26,680,448 at year end.

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