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Nonprofit · EIN 85-2544201

TRUST NEIGHBORHOODS

Tax-exempt · KANSAS CITY, MO 64108

Financials

$4.2M$1.2M2023$2.2M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of TRUST NEIGHBORHOODS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,191,551$1,350,993$840,558$3,781,796$1,076,782$2,705,014
December 31, 2023990$4,245,454$1,185,841$3,059,613$2,076,855$85,663$1,991,192
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,825,700
Program service revenue
$320,000
Investment income
$42,899
Other revenue
$2,952

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$475,130
Other salaries and wages
$380,753
Salaries, compensation and benefits (total)
$954,205
Professional fundraising fees
$0
Legal fees
$11,775
Accounting fees
$44,854
Travel
$28,456
Program services (functional)
$961,502
Management and general (functional)
$389,491

Balance sheet and other

Total assets, start of year
$2,076,855
Total assets, end of year
$3,781,796
Total liabilities, end of year
$1,076,782
Net assets, end of year
$2,705,014
Net assets without donor restrictions
$2,490,803
Net assets with donor restrictions
$214,211
Gross receipts
$2,191,551
Employees
8
Volunteers
4
Year formed
2020
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
JASON DEHAEMERSCHIEF PRODUCT OFFICER
Trustee or director, Officer
40$149,699$9,534
KAVYA SHANKARCHIEF OPERATING OFFICER
Trustee or director, Officer
40$149,742$9,101
DAVID B KEMPERCHIEF EXECUTIVE OFFICER
Trustee or director, Officer
40$147,167$9,887
KATRINA CHAVESDIRECTOR OF REAL ESTATE AND PLANNING
Highest-paid employee
40$130,687$10,609
MIRANDA O'CONNELLDIRECTOR
Trustee or director
0.3$0$0
PAUL BRADLEYDIRECTOR
Trustee or director
0.3$0$0
TONY PICKETTDIRECTOR
Trustee or director
0.3$0$0
TONY SALAZARDIRECTOR
Trustee or director
0.3$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
JASON DEHAEMERSCHIEF PRODUCT OFFICER
Trustee or director, Officer
40$131,589$9,554
KAVYA SHANKARCHIEF OPERATING OFFICER
Trustee or director, Officer
40$131,642$8,974
DAVID B KEMPERCHIEF EXECUTIVE OFFICER
Trustee or director, Officer
40$131,722$7,920
KATRINA CHAVESDIRECTOR OF REAL ESTATE AND PLANNING
Highest-paid employee
40$123,894$8,793
PAUL BRADLEYDIRECTOR
Trustee or director
0.3$0$0
TONY PICKETTDIRECTOR
Trustee or director
0.3$0$0
TONY SALAZARDIRECTOR
Trustee or director
0.3$0$0

Address and contacts

Address (IRS master file)
1737 WALNUT ST STE C, KANSAS CITY, MO 64108-1493
In care of
% DAVID KEMPER
Principal officer (990 for 2024)
DAVID KEMPER, 1737 Walnut Suite C, Kansas City, MO 64108
Signed the 990
DAVID KEMPER, CEO
Phone
(816) 352-2490
Return prepared by
Forvis Mazars LLP

Mission

WORKING FOR NEIGHBORHOODS TO HARNESS GROWTH TO PREVENT DISPLACEMENT AND BENEFIT EXISTING RESIDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • Trust Neighborhoods partners with neighborhood-based organizations to create Mixed-Income Neighborhood Trusts (MINTs) to prevent displacement, improve neighborhoods, and build community power in gentrifying areas. MINTs are an innovative structure combining community centric governance with mixed-income housing to ensure neighborhoods can become even better places to live while benefiting existing residents. Each MINT acquires and develops real estate subject to control by a Perpetual Purpose Trust stewarded by community stakeholders. Through 2024, Trust Neighborhoods has helped launch and scale four MINTs in Fresno, Tulsa, Kansas City, and Boston that have invested over $65 million to secure over 215 units of housing. Trust Neighborhoods provides capacity and expertise to its local partners supporting each MINT's growth and the refinement of the MINT model. Through 2024, these MINTs have served hundreds of residents, providing affordability, improving housing quality, and changing power structures to benefit community members.
    Expenses $961,502 · revenue $320,000

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
85-2544201
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,781,796
Income (IRS master file)
$2,191,551

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,191,551$1,350,993$3,781,796XML
990December 2023$4,245,454$1,185,841$2,076,855XML
990December 2022$1,486,566$937,618$1,394,026IRS
990December 2021–––IRS
990December 2020$251,500$77,025$197,537IRS

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 85-2544201).

Questions about TRUST NEIGHBORHOODS

What is the EIN of TRUST NEIGHBORHOODS?
The employer identification number (EIN) of TRUST NEIGHBORHOODS is 85-2544201.
Is TRUST NEIGHBORHOODS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to TRUST NEIGHBORHOODS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRUST NEIGHBORHOODS 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 TRUST NEIGHBORHOODS 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 TRUST NEIGHBORHOODS 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 TRUST NEIGHBORHOODS?
The 990 for the year ended December 31, 2024 names DAVID KEMPER.
Who are the officers and directors of TRUST NEIGHBORHOODS?
The 990 for the year ended December 31, 2024 lists 8 people; 4 received compensation from the organization, the highest $149,699 (JASON DEHAEMERS, CHIEF PRODUCT OFFICER).
How much revenue does TRUST NEIGHBORHOODS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,191,551, expenses of $1,350,993 and total assets of $3,781,796 at year end.

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