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Nonprofit · EIN 87-3580668

COMPOUND IMPACT INC

Tax-exempt · PHILADELPHIA, PA 19103

Financials

$184K$82K2023$325K$108K2024$179K$152K2025
Revenue Expenses · by fiscal year end
Financials of COMPOUND IMPACT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$179,314$152,356$26,958$1,374,782$866,241$508,541
December 31, 2024990$325,268$107,537$217,731$1,377,630$896,047$481,583
December 31, 2023990$183,619$81,968$101,651$717,033$453,181$263,852
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$53,612
Program service revenue
$125,702
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,000
Depreciation
$33,046
Program services (functional)
$146,392
Management and general (functional)
$5,893
Fundraising (functional)
$71

Balance sheet and other

Total assets, start of year
$1,377,630
Total assets, end of year
$1,374,782
Total liabilities, end of year
$866,241
Net assets, end of year
$508,541
Land, buildings and equipment
$1,258,310
Net assets without donor restrictions
$508,541
Gross receipts
$179,314
Employees
0
Volunteers
14
Year formed
2021
State of legal domicile
PA

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
GLENN MCDOWELLDIRECTOR
Trustee or director
5$0
CODY HOBELMANNPRESIDENT
Trustee or director, Officer
10$0
KEALAN HOBELMANNCHAIRMAN OF THE BOARD
Trustee or director, Officer
10$0
ADAM LUGINBUHLSECRETARY AND TREASURER
Trustee or director, Officer
5$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
GLENN MCDOWELLDIRECTOR
Trustee or director
5$0
CODY HOBELMANNPRESIDENT
Trustee or director, Officer
10$0
KEALAN HOBELMANNCHAIRMAN OF THE BOARD
Trustee or director, Officer
10$0
ADAM LUGINBUHLSECRETARY AND TREASURER
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
GLENN MCDOWELLDIRECTOR
Trustee or director
5$0
CODY HOBELMANNPRESIDENT
Trustee or director, Officer
10$0
KEALAN HOBELMANNCHAIRMAN OF THE BOARD
Trustee or director, Officer
10$0
ADAM LUGINBUHLSECRETARY AND TREASURER
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
1800 JOHN F KENNEDY BLVD STE 300, PHILADELPHIA, PA 19103-7402
In care of
% KEALAN HOBELMANN
Principal officer (990 for 2025)
CODY HOBELMANN, 1800 JOHN F KENNEDY BLVD 300, PHILADELPHIA, PA 19103
Signed the 990
CODY HOBELMANN, PRESIDENT
Phone
(202) 330-1951
Return prepared by
DUNLAPSLK PC

Mission

THE MISSION OF COMPOUND IMPACT, INC. IS TO SHARE THE MESSAGE OF THE GOSPEL OF JESUS CHRIST THROUGH IMPROVING ACCESS TO SAFE AND SUSTAINABLE HOUSING TO THOSE WITH POOR ACCESS, MOST NOTABLY THE INCOMING REFUGEE POPULATION. THESE FAMILIES DO NOT MEET THE QUALIFICATIONS OF MOST LANDLORDS AND FACE SIGNIFICANT BARRIERS TO FINDING HOUSING. OUR HOMES HELP ALLEVIATE THIS NEED IN PHILADELPHIA AND SURROUNDING AREAS.

990 for the year ended December 31, 2025

Program accomplishments

  • COMPOUND IMPACT ACQUIRES PROPERTIES WHICH WILL BE EXCLUSIVELY USED FOR HOUSING THOSE WITH POOR ACCESS TO HOUSING, MOST NOTABLY THE INCOMING REFUGEE POPULATION. THESE FAMILIES DO NOT MEET THE QUALIFICATIONS OF MOST LANDLORDS AND FACE SIGNIFICANT BARRIERS TO FINDING HOUSING. OUR HOMES HELP ALLEVIATE THIS NEED IN PHILADELPHIA AND SURROUNDING AREAS. WE ALSO FORGED MULTIPLE IMPORTANT PARTNERSHIPS WHICH WILL ENABLE US TO CARRY OUT OUR WORK, INCLUDING CONTRACTORS, REAL ESTATE AGENTS, PROPERTY MANAGERS, AND LENDERS. IN ADDITION, WE BEGAN TO BUILD OUT A PATHWAY FOR CHURCH CONGREGATIONS IN THE LOCAL AREA TO HELP FURNISH OUR HOMES FOR INCOMING FAMILIES AND SERVE THE FAMILIES AFTER ARRIVAL.
    Expenses $146,392 · revenue $125,702

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-3580668
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,374,782
Income (IRS master file)
$179,314

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$179,314$152,356$1,374,782XML
990December 2024$325,268$107,537$1,377,630XML
990December 2023$183,619$81,968$717,033IRS
990December 2022$165,893$3,692$561,083IRS
990-EZDecember 2021–––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 87-3580668).

Questions about COMPOUND IMPACT INC

What is the EIN of COMPOUND IMPACT INC?
The employer identification number (EIN) of COMPOUND IMPACT INC is 87-3580668.
Is COMPOUND IMPACT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to COMPOUND IMPACT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMPOUND IMPACT 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 COMPOUND IMPACT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMPOUND IMPACT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of COMPOUND IMPACT INC?
The 990 for the year ended December 31, 2025 names CODY HOBELMANN.
Who are the officers and directors of COMPOUND IMPACT INC?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does COMPOUND IMPACT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $179,314, expenses of $152,356 and total assets of $1,374,782 at year end.

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