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Nonprofit · EIN 83-2398791

OIKOS DEVELOPMENT CORPORATION

Tax-exempt · KANSAS CITY, MO 64108

Financials

$2M$1.4M2022$1.7M$1.4M2023$1.9M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of OIKOS DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,937,641$1,509,261$428,380$21,993,428$19,693,773$2,299,655
December 31, 2023990$1,702,684$1,407,061$295,623$21,621,068$20,473,457$1,147,611
December 31, 2022990 (amended)$1,975,356$1,356,805$618,551$11,560,094$10,433,460$1,126,634
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$169,000
Program service revenue
$1,668,224
Investment income
$14,819
Net rental income
$89,931
Net income from sales of inventory
-$4,333
Other revenue
$85,598

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$401,931
Other salaries and wages
$345,553
Salaries, compensation and benefits (total)
$853,695
Professional fundraising fees
$0
Legal fees
$30,218
Occupancy
$9,801
Travel
$19,911
Depreciation
$99,757
Program services (functional)
$1,207,409
Management and general (functional)
$301,852

Balance sheet and other

Total assets, start of year
$21,621,068
Total assets, end of year
$21,993,428
Total liabilities, end of year
$19,693,773
Net assets, end of year
$2,299,655
Land, buildings and equipment
$3,661,041
Net assets without donor restrictions
$2,299,655
Gross receipts
$2,481,974
Employees
6
Volunteers
4
Year formed
2018
State of legal domicile
MO

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 / weekCompensationOther / benefits
MICHAEL SNODGRASSEXECUTIVE DIRECTOR
Officer
40$401,931$29,202
NESTOR ZULUAGACHAIR
Trustee or director, Officer
2$0$0
TIM BYERSSECRETARY/TREASURER
Trustee or director, Officer
2$0$0
LEON GRAYVICE CHAIR
Trustee or director, Officer
2$0$0
TAMICKA PHILLIPSBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL SNODGRASSEXECUTIVE DIRECTOR
Officer
40$561,069$1,067
NESTOR ZULUAGACHAIR
Trustee or director
2$0$0
TIM BYERSSECRETARY/TREASURER
Trustee or director
2$0$0
LEON GRAYVICE CHAIR
Trustee or director
2$0$0
DIVA ESPARZABOARD MEMBER
Trustee or director
2$0$0
TAMIKA PHILLIPSBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended December 31, 2022: 6 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL SNODGRASSEXECUTIVE DIRECTOR
Officer
40$403,260$25,875
NESTOR ZULUAGACHAIR
Trustee or director
2$0$0
TIM BYERSSECRETARY/TREASURER
Trustee or director
2$0$0
LEON GRAYVICE CHAIR
Trustee or director
2$0$0
DIVA ESPARZABOARD MEMBER
Trustee or director
2$0$0
TAMIKA PHILLIPSBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1712 MAIN ST STE 206, KANSAS CITY, MO 64108-1378
In care of
% MICHAEL SNODGRASS
Principal officer (990 for 2024)
MICHAEL SNODGRASS, 1712 MAIN ST 206, KANSAS CITY, MO 64108
Signed the 990
MICHAEL SNODGRASS, PRESIDENT
Phone
(816) 352-4258
Return prepared by
EFPR ADVISORY LLC

Mission

TO PROVIDE LOW-INCOME PERSONS WITH AFFORDABLE HOME OWNERSHIP AND RENTAL HOUSING OPPORTUNITIES AND ANY OTHER RELATED AFFORDABLE HOUSING, ECONOMIC AND COMMUNITY DEVELOPMENT ACTIVITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE LOW-INCOME PERSONS WITH AFFORDABLE HOME OWNERSHIP AND RENTAL HOUSING OPPORTUNITIES.
    Expenses $1,207,409 · revenue $1,753,822

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
83-2398791
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)
$21,993,428
Income (IRS master file)
$2,481,974

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,937,641$1,509,261$21,993,428XML
990December 2023$1,702,684$1,407,061$21,621,068XML
990December 2022$1,975,356$1,356,805$11,560,094XML
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 83-2398791).

Questions about OIKOS DEVELOPMENT CORPORATION

What is the EIN of OIKOS DEVELOPMENT CORPORATION?
The employer identification number (EIN) of OIKOS DEVELOPMENT CORPORATION is 83-2398791.
Is OIKOS DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to OIKOS DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OIKOS DEVELOPMENT CORPORATION 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 OIKOS DEVELOPMENT CORPORATION 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 OIKOS DEVELOPMENT CORPORATION 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 OIKOS DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names MICHAEL SNODGRASS.
Who are the officers and directors of OIKOS DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $401,931 (MICHAEL SNODGRASS, EXECUTIVE DIRECTOR).
How much revenue does OIKOS DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,937,641, expenses of $1,509,261 and total assets of $21,993,428 at year end.

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