Nonprofit · EIN 84-3493409
COLLATERAL RISK NETWORK INC
Tax-exempt · SARASOTA, FL 34236
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOAN TRICE | PRESDIENT Officer | 10 | $62,500 |
| KATHERINE OWEN UMPQUA BANK | BOARD MEMBER Trustee or director | – | $0 |
| KEN DICKS | BOARD MEMBER Trustee or director | – | $0 |
| KRISTINE HUGHES | SECRETARY Trustee or director, Officer | – | $0 |
| CHRIS KNIGHT | BOARD MEMBER Trustee or director | – | $0 |
| WES MCDANIEL | TREASURER Trustee or director, Officer | – | $0 |
| BOB SMITH | BOARD MEMBER Trustee or director | – | $0 |
| BRAD DAVIS MORGAN STANLEY | VICE 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
- Website
- WWW.COLLATERALRISK.ORG
- 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.
Program accomplishments
- COLLATERAL RISK EDUCATION
- COLLATERAL RISK EDUCATIONExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
- Category (NTEE)
- Housing and shelter (L03)
- Assets (IRS master file)
- $142,617
- Income (IRS master file)
- $101,276
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $101,276 | $159,441 | $142,617 | XML |
| 990 | December 2023 | $264,445 | $275,868 | $174,139 | IRS |
| 990 | December 2022 | $350,932 | $317,631 | $234,278 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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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