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Nonprofit · EIN 83-3471560

GOODWILL VENTURES INC

Tax-exempt · SOUTH BEND, IN 46619

Financials

$154K$659K2023$154K$659K2024
Revenue Expenses · by fiscal year end
Financials of GOODWILL VENTURES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$153,600$659,474-$505,874$7,421,803$8,789,784-$1,367,981
December 31, 2023990$153,600$659,409-$505,809$8,014,986$8,877,093-$862,107
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Net rental income
$153,600
Other revenue
$153,600

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$524,395
Program services (functional)
$659,474

Balance sheet and other

Total assets, start of year
$8,014,986
Total assets, end of year
$7,421,803
Total liabilities, end of year
$8,789,784
Net assets, end of year
-$1,367,981
Land, buildings and equipment
$7,135,857
Net assets without donor restrictions
-$1,367,981
Gross receipts
$153,600
Employees
0
Volunteers
0
Year formed
2019
State of legal domicile
IN

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
DEBIE COBLEBOARD MEMBER
Trustee or director, Officer
0.5$0$310,626$27,429
JAMES CONKLINBOARD MEMBER
Trustee or director
0.5$0$0$0
PATRICK NOVITZKEBOARD MEMBER
Trustee or director
0.5$0$0$0
ANDREW BURGGRAFBOARD MEMBER
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEBIE COBLEBOARD MEMBER
Trustee or director, Officer
0.5$0$301,566$26,729
JAMES CONKLINBOARD MEMBER
Trustee or director
0.5$0$0$0
PATRICK NOVITZKEBOARD MEMBER
Trustee or director
0.5$0$0$0
ANDREW BURGGRAFBOARD MEMBER
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
1805 W WESTERN AVE, SOUTH BEND, IN 46619-3519
In care of
% TERRI BURKS
Principal officer (990 for 2024)
DEBIE COBLE, 1805 W WESTERN AVENUE, SOUTH BEND, IN 46619
Signed the 990
DEBIE COBLE, PRESIDENT AND CEO
Phone
(574) 472-7300
Return prepared by
KRUGGEL LAWTON & COMPANY LLC

Mission

NONE

990 for the year ended December 31, 2024

Program accomplishments

  • THE SUPPORTING ORGANIZATION SOLELY EXISTS TO OWN PROPERTY AND FACILITATE A NEW MARKETS TAX CREDIT PROJECT ENTERED INTO BY THE SUPPORTED ORGANIZATION AND ITS AFFILIATE. THE SUPPORTING ORGANIZATION UTILIZES THE EMPLOYEES OF THE SUPPORTED ORGANIZATION AND DECISIONS FOR THE SUPPORTING ORGANIZATION ARE MADE SOLELY IN CONTEXT OF THE MISSION OF THE SUPPORTED ORGANIZATION. IF NOT FOR THE NEW MARKETS TAX CREDIT PROJECT, THE SUPPORTING ORGANIZATION WOULD NOT EXIST.
    Expenses $659,474

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
83-3471560
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)
Human services (P40)
Assets (IRS master file)
$7,421,803
Income (IRS master file)
$153,600

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$153,600$659,474$7,421,803XML
990December 2023$153,600$659,409$8,014,986XML
990December 2022$153,600$659,442$8,249,104IRS
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 83-3471560).

Questions about GOODWILL VENTURES INC

What is the EIN of GOODWILL VENTURES INC?
The employer identification number (EIN) of GOODWILL VENTURES INC is 83-3471560.
Is GOODWILL VENTURES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to GOODWILL VENTURES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does GOODWILL VENTURES 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 GOODWILL VENTURES 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 GOODWILL VENTURES 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 GOODWILL VENTURES INC?
The 990 for the year ended December 31, 2024 names DEBIE COBLE.
Who are the officers and directors of GOODWILL VENTURES INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does GOODWILL VENTURES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $153,600, expenses of $659,474 and total assets of $7,421,803 at year end.

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