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Nonprofit · EIN 87-4562958

REI CAPITAL ACCESS FUND INC

Tax-exempt · DURANT, OK 74701

Financials

$151K$39K2023$293K$120K2024
Revenue Expenses · by fiscal year end
Financials of REI CAPITAL ACCESS FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$292,647$119,912$172,735$4,901,279$38,025$4,863,254
December 31, 2023990$151,393$39,364$112,029$4,576,570$148,026$4,428,544
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$181,600
Investment income
$111,047
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$119,912

Balance sheet and other

Total assets, start of year
$4,576,570
Total assets, end of year
$4,901,279
Total liabilities, end of year
$38,025
Net assets, end of year
$4,863,254
Net assets without donor restrictions
$4,863,254
Gross receipts
$292,647
Employees
0
Volunteers
4
Year formed
2022
State of legal domicile
OK

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
SCOTT DEWALDPRESIDENT
Trustee or director, Officer
19$0$487,375$42,667
SHERRY HARLINEXEC. VP & ASSISTANT SECRETARY
Officer
1$0$330,554$28,568
DEBBIE PARTINVP & SECRETARY
Officer
24$0$260,220$26,713
LORI HILLTREASURER
Officer
23$0$250,232$23,041
CHRIS MEYERSDIRECTOR
Trustee or director
1$0$0$0
BRIAN ALFORDDIRECTOR
Trustee or director
1$0$0$0
JEFF GREENLEEDIRECTOR
Trustee or director
1$0$0$0
MARTIN VANMETERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SCOTT DEWALDPRESIDENT
Trustee or director, Officer
19$0$367,657$49,155
SHERRY HARLINEXEC. VP & ASSISTANT SECRETARY
Officer
1$0$247,131$32,128
DEBBIE PARTINVP & SECRETARY
Officer
24$0$217,316$27,637
LORI HILLTREASURER
Officer
19$0$214,406$15,926
CHRIS MEYERSDIRECTOR
Trustee or director
1$0$0$0
BRIAN ALFORDDIRECTOR
Trustee or director
1$0$0$0
JEFF GREENLEEDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
2912 ENTERPRISE DRIVE, DURANT, OK 74701-1954
In care of
% SHERRY HARLIN
Principal officer (990 for 2024)
SCOTT DEWALD, 2912 ENTERPRISE DRIVE, DURANT, OK 74701
Signed the 990
SCOTT DEWALD, PRESIDENT
Phone
(580) 924-5094
Return prepared by
HOGANTAYLOR LLP

Mission

THE MISSION OF THE CORPORATION IS TO PROMOTE COMMUNITY DEVELOPMENT THROUGH ACTIVITIES DIRECTED TOWARD IMPROVING THE SOCIAL AND/OR ECONOMIC CONDITIONS OF UNDERSERVED PEOPLE INCLUDING LOW-INCOME PERSONS AND PERSONS WHO LACK ADEQUATE ACCESS TO CAPITAL AND FINANCIAL SERVICES AND RESIDENTS OF ECONOMICALLY DISTRESSED COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • HOUSING - PROVIDES FINANCING IN THE FORM OF LOANS FOR HOUSING PROJECTS SERVING VERY LOW TO LOW INCOME TENANTS.
    revenue $41,298
  • BUSINESS LENDING - PROVIDING FLEXIBLE FINANCING AND DEVELOPMENT SERVICES TO BUSINESSES AND ENTREPRENEURS WITH LIMITED ACCESS TO RESOURCES.
    Expenses $1,847 · revenue $50,663
  • HOUSING HOME 100 PROGRAM - PROVIDES DOWN PAYMENT ASSISTANCE.
    Expenses $118,065 · revenue $89,639

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
87-4562958
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,901,279
Income (IRS master file)
$292,647

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$292,647$119,912$4,901,279XML
990December 2023$151,393$39,364$4,576,570XML
990December 2022$54,402$19,336$4,261,515IRS

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 87-4562958).

Questions about REI CAPITAL ACCESS FUND INC

What is the EIN of REI CAPITAL ACCESS FUND INC?
The employer identification number (EIN) of REI CAPITAL ACCESS FUND INC is 87-4562958.
Is REI CAPITAL ACCESS FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to REI CAPITAL ACCESS FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does REI CAPITAL ACCESS FUND 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 REI CAPITAL ACCESS FUND 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 REI CAPITAL ACCESS FUND 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 REI CAPITAL ACCESS FUND INC?
The 990 for the year ended December 31, 2024 names SCOTT DEWALD.
Who are the officers and directors of REI CAPITAL ACCESS FUND INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does REI CAPITAL ACCESS FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $292,647, expenses of $119,912 and total assets of $4,901,279 at year end.

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