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Nonprofit · EIN 93-3070490

CLASSIC CITY COLLECTIVE INC

Tax-exempt · SANTA RSA BCH, FL 32459

Financials

$2.9M$2.4M2023$16.2M$16.2M2024
Revenue Expenses · by fiscal year end
Financials of CLASSIC CITY COLLECTIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$16,198,789$16,219,996-$21,207$340,346$536,514-$196,168
December 31, 2023990$2,892,322$2,418,833$473,489$548,428$723,389-$174,961
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$16,142,279
Program service revenue
$56,510
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$555,833
Other salaries and wages
$17,945
Salaries, compensation and benefits (total)
$679,992
Professional fundraising fees
$0
Legal fees
$1,790
Accounting fees
$74,300
Travel
$26,740

Balance sheet and other

Total assets, start of year
$548,428
Total assets, end of year
$340,346
Total liabilities, end of year
$536,514
Net assets, end of year
-$196,168
Gross receipts
$16,198,789
Employees
8
Volunteers
0
Year formed
2023
State of legal domicile
GA

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
MATT HIBBSCHIEF EXECUTIVE OFFICER
Officer
40$322,500
STEVEN FARMERCHIEF REVENUE OFFICER
Officer
40$175,000
PATRICK JACOBSCHIEF OPERATING OFFICER
Officer
40$58,333
BOB BRADLEYDIRECTOR
Trustee or director
1$0
JEFF TUCKERDIRECTOR
Trustee or director
1$0
HENNA PATELDIRECTOR
Trustee or director
1$0
HEATH GARRETTDIRECTOR
Trustee or director
1$0
CAITLYN COOPERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MATT HIBBSCHIEF EXECUTIVE OFFICER
Officer
40$71,667
STEVEN FARMERCHIEF REVENUE OFFICER
Officer
40$58,333
PATRICK JACOBSCHIEF OPERATING OFFICER
Officer
40$23,333
BOB BRADLEYDIRECTOR
Trustee or director
1$0
JEFF TUCKERDIRECTOR
Trustee or director
1$0
HENNA PATELDIRECTOR
Trustee or director
1$0
HEATH GARRETTDIRECTOR
Trustee or director
1$0
CAITLYN COOPERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
116 MC DAVIS BLVD UNIT 230, SANTA RSA BCH, FL 32459-5086
In care of
% DOUG SHUMATE
Principal officer (990 for 2024)
TANNER POTTS, 1903 CORALBELL DRIVE, STATHAM, GA 30666
Signed the 990
TANNER POTTS, CEO
Phone
(334) 472-9490
Return prepared by
PIVOTAL FINANCE LLC

Mission

THE ORGANIZATION ENGAGES IN COMMUNITY DEVELOPMENT, MENTORING, YOUTH DEVELOPMENT, EDUCATION, AND POVERTY RELIEF BY CREATING PARTNERSHIPS BETWEEN UNIVERSITY OF GEORGIA ALUMNI, STUDENT ATHLETES, AND THE SURROUNDING COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024, CLASSIC CITY COLLECTIVE INC. ADVANCED ITS MISSION BY BUILDING PARTNERSHIPS AMONG UNIVERSITY OF GEORGIA STUDENT-ATHLETES, ALUMNI, AND LOCAL COMMUNITIES TO PROMOTE COMMUNITY DEVELOPMENT AND MENTORING. OPPORTUNITIES WERE PROVIDED FOR HUNDREDS OF STUDENT-ATHLETES TO ENGAGE WITH LOCAL ORGANIZATIONS THROUGH NIL (NAME, IMAGE, LIKENESS) ACTIVITIES SUCH AS ENDORSEMENTS, APPEARANCES, AND PROMOTIONAL EVENTS.THE COLLECTIVE SUPPORTED ATHLETE GROWTH BY CONNECTING THEM WITH COMMUNITY INITIATIVES FOCUSED ON EDUCATION, MENTORSHIP, AND REGIONAL DEVELOPMENT. IT ALSO PROVIDED TRAINING ON BRAND MANAGEMENT, FINANCIAL LITERACY, AND PERSONAL DEVELOPMENT TO PREPARE STUDENT-ATHLETES FOR SUCCESS ON AND OFF THE FIELD.THROUGH THESE EFFORTS, CLASSIC CITY COLLECTIVE STRENGTHENED RELATIONSHIPS BETWEEN UGA ATHLETICS AND THE LOCAL COMMUNITIES, FOSTERING IMPACTFUL COLLABORATIONS THAT BENEFIT STUDENT-ATHLETES AND PROMOTE POSITIVE COMMUNITY ENGAGEMENT.
    Expenses $15,664,163 · revenue $56,510

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
93-3070490
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$340,346
Income (IRS master file)
$16,198,789

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$16,198,789$16,219,996$340,346XML
990December 2023$2,892,322$2,418,833$548,428XML

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 93-3070490).

Questions about CLASSIC CITY COLLECTIVE INC

What is the EIN of CLASSIC CITY COLLECTIVE INC?
The employer identification number (EIN) of CLASSIC CITY COLLECTIVE INC is 93-3070490.
Is CLASSIC CITY COLLECTIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2025.
Are donations to CLASSIC CITY COLLECTIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CLASSIC CITY COLLECTIVE 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 CLASSIC CITY COLLECTIVE 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 CLASSIC CITY COLLECTIVE 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 CLASSIC CITY COLLECTIVE INC?
The 990 for the year ended December 31, 2024 names TANNER POTTS.
Who are the officers and directors of CLASSIC CITY COLLECTIVE INC?
The 990 for the year ended December 31, 2024 lists 8 people; 3 received compensation from the organization, the highest $322,500 (MATT HIBBS, CHIEF EXECUTIVE OFFICER).
How much revenue does CLASSIC CITY COLLECTIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $16,198,789, expenses of $16,219,996 and total assets of $340,346 at year end.

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