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Nonprofit · EIN 84-3493409

COLLATERAL RISK NETWORK INC

Tax-exempt · SARASOTA, FL 34236

Financials

$101K$159K2024
Revenue Expenses · by fiscal year end
Financials of COLLATERAL RISK NETWORK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$101,276$159,441-$58,165$142,617$162,467-$19,850
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$101,276
Membership dues
$101,276
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$62,500
Salaries, compensation and benefits (total)
$67,281
Professional fundraising fees
$0
Accounting fees
$10,475
Travel
$9,958
Program services (functional)
$32,500
Management and general (functional)
$126,941

Balance sheet and other

Total assets, start of year
$174,139
Total assets, end of year
$142,617
Total liabilities, end of year
$162,467
Net assets, end of year
-$19,850
Net assets without donor restrictions
-$19,850
Gross receipts
$101,276
Employees
1
Year formed
2019
State of legal domicile
MD

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 / weekCompensation
JOAN TRICEPRESDIENT
Officer
10$62,500
KATHERINE OWEN UMPQUA BANKBOARD MEMBER
Trustee or director
–$0
KEN DICKSBOARD MEMBER
Trustee or director
–$0
KRISTINE HUGHESSECRETARY
Trustee or director, Officer
–$0
CHRIS KNIGHTBOARD MEMBER
Trustee or director
–$0
WES MCDANIELTREASURER
Trustee or director, Officer
–$0
BOB SMITHBOARD MEMBER
Trustee or director
–$0
BRAD DAVIS MORGAN STANLEYVICE PRESIDE
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
525 N ORANGE AVE STE 204, SARASOTA, FL 34236-5100
Principal officer (990 for 2024)
JOAN TRICE, 525 N ORANGE AVE, STE 204, SARASOTA, FL 34236
Signed the 990
JOAN TRICE, PRESDIENT
Phone
(513) 659-1656
Return prepared by
COMPASS US ACCOUNTANTS & ADVISORS (SAL)

Mission

THE MISSION OF THE COLLATERAL RISK NETWORK, INC IS TO INSTILL CONFIDENCE IN THE HOUSING MARKET BY CREATING AN ENVIRONMENT THAT PROMOTES SAFE AND SOUND COLLATERAL RISK PRACTICES, POLICIES AND PROCEDURES UNDER ALL ECONOMIC CONDITIONS. A VIBRANT HOUSING FINANCE SYSTEM IS AT ITS BEST WHEN IT WORKS FOR ALL STAKEHOLDERS.

990 for the year ended December 31, 2024

Program accomplishments

  • COLLATERAL RISK EDUCATION
  • COLLATERAL RISK EDUCATION
    Expenses $32,500

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
84-3493409
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$142,617
Income (IRS master file)
$101,276

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$101,276$159,441$142,617XML
990December 2023$264,445$275,868$174,139IRS
990December 2022$350,932$317,631$234,278IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about COLLATERAL RISK NETWORK INC

What is the EIN of COLLATERAL RISK NETWORK INC?
The employer identification number (EIN) of COLLATERAL RISK NETWORK INC is 84-3493409.
Is COLLATERAL RISK NETWORK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to COLLATERAL RISK NETWORK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLLATERAL RISK NETWORK 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 COLLATERAL RISK NETWORK 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 COLLATERAL RISK NETWORK 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 COLLATERAL RISK NETWORK INC?
The 990 for the year ended December 31, 2024 names JOAN TRICE.
Who are the officers and directors of COLLATERAL RISK NETWORK INC?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $62,500 (JOAN TRICE, PRESDIENT).
How much revenue does COLLATERAL RISK NETWORK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $101,276, expenses of $159,441 and total assets of $142,617 at year end.

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