Nonprofit · EIN 99-0492649
KSUITE INC
Tax-exempt · CHARLOTTE, NC 28226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $87,975 | $83,030 | $4,945 | $18,600 | $0 | $18,600 |
| December 31, 2024 | 990-EZ | $33,150 | $19,495 | $13,655 | $17,821 | $4,166 | $13,655 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $87,500
- Investment income
- $475
Expenses
- Grants and similar amounts paid
- $20,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $57,136
- Printing, publications and postage
- $1,551
- Other expenses
- $4,343
- Program services (functional)
- $80,977
Balance sheet and other
- Total assets, start of year
- $17,821
- Total assets, end of year
- $18,600
- Total liabilities, end of year
- $0
- Net assets, end of year
- $18,600
- Cash, savings and investments
- $18,600
- Gross receipts
- $87,975
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Daniel Horner | Board Chair | 3 | $0 |
| John Richter | Executive Director, board member | 8 | $0 |
| Joshua Blackson | Board member | 1 | $0 |
| Thomas Laymon | Board member | 1 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dan Horner | Board Chair | 2 | $0 |
| John Richter | Executive director | 8 | $0 |
| Tom Laymon | Board Member | 0 | $0 |
| Josh Blackson | Board Member | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2404 ROCK CREEK DR, CHARLOTTE, NC 28226-0713
- In care of
- % JOHN RICHTER
- Mailing address (990-N for 2023)
- 2404 Rock Creek Drive, Charlotte NC 28226
- Principal officer (990-N for 2023)
- John Richter, 2404 Rock Creek Drive, Charlotte NC 28226
- Signed the 990-EZ
- John P Richter, Executive Director, Board member
- Phone
- (704) 904-7571
- Website
- www.ksuiteclt.org
Mission
KSuite is a social welfare organization that is designed to support and connect business leaders who are working in the four focus areas of affordable housing, education, employment and healthcare. Our activities include accumulation of research dedicated to the four areas, creation of a database of businesses and nonprofits that are partnering in each of the areas and fostering new relationships among the KSuite participants as well as nonprofit and civic leaders. In short, the activities of KSuite support and enhance the important work of our participants and their nonprofit and civic partners
Program accomplishments
- Convened entire Group multiple times for education and relationshipExpenses $3,931
- Supported work of the action groups working to impact upward mobility in the city: affordable housing, education, employment and health careExpenses $57,046
- Grants to support the work of two nonprofits that are strategically partnering to impact upward mobilityExpenses $20,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 99-0492649
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R01)
- Assets (IRS master file)
- $18,600
- Income (IRS master file)
- $87,975
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $87,975 | $83,030 | $18,600 | XML |
| 990-EZ | December 2024 | $33,150 | $19,495 | $17,821 | XML |
| 990-N for 2023 Officer: John Richter | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
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 99-0492649).
Questions about KSUITE INC
- What is the EIN of KSUITE INC?
- The employer identification number (EIN) of KSUITE INC is 99-0492649.
- Is KSUITE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to KSUITE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KSUITE 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 KSUITE 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 KSUITE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of KSUITE INC?
- The 990-N for 2023 names John Richter.
- Who are the officers and directors of KSUITE INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does KSUITE INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $87,975, expenses of $83,030 and total assets of $18,600 at year end.
Other nonprofits in CHARLOTTE
- SOMOS SIEMBRA EIN 87-2266951 · last filed 990 for 2024
- SIEMBRA NC EIN 87-2256899 · last filed 990 for 2024
- CHARLOTTE PRIDE INC EIN 56-2225983 · last filed 990 for 2024
- HAGAR USA INC EIN 20-1507669 · last filed 990 for 2025
- PURE HOPE COALITION EIN 31-1124344 · last filed 990 for 2025
- HISPANIC CONTRACTORS ASSOCIATION OF THE CAROLINAS INC EIN 20-5793719 · last filed 990 for 2024
- COALITION FOR LIBERTY INC EIN 88-2759129 · last filed 990 for 2025
- DEDICATION TO COMMUNITY EIN 84-1824706 · last filed 990 for 2024
All nonprofits in CHARLOTTE · North Carolina · Civil rights, social action and advocacy