Nonprofit · EIN 99-2780472
MOUNT ZION DEVELOPMENT COMPANY
Tax-exempt · GREENSBORO, NC 27406
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $70,000 | $578,672 | -$508,672 | $67,510 | $655,673 | -$588,163 |
| December 31, 2024 | 990 | $70,000 | $149,491 | -$79,491 | $87,439 | $166,930 | -$79,491 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $70,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $294,153
- Accounting fees
- $18,650
- Travel
- $5,644
- Depreciation
- $20,574
- Management and general (functional)
- $578,672
Balance sheet and other
- Total assets, start of year
- $87,439
- Total assets, end of year
- $67,510
- Total liabilities, end of year
- $655,673
- Net assets, end of year
- -$588,163
- Land, buildings and equipment
- $66,865
- Gross receipts
- $70,000
- Employees
- 0
- Year formed
- 2024
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lionel Catchings | BOD Vice Chair Officer | 0 | $0 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lionel Catchings | BOD Vice Chair Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1301 ALAMANCE CHURCH RDAD, GREENSBORO, NC 27406-0000
- In care of
- % LIONEL CATCHINGS
- Signed the 990
- LIONEL CATCHINGS, BOD Vice Chair
- Phone
- (336) 273-7930
- Return prepared by
- PEGGY B WARD CPA
Mission
MZDC is organized exclusivley for the purpose of developing land for charitable, religous, educational and scientific purpose, including, for such purposes, permissible economical development permitted under Section 501(c)3 of the Internal Revenue Code/
Program accomplishments
- The exempt status is to oversee the development of properties for relgious, chartiable and educational purpose for community center, single home housing, senior care facilities, health care facilities that will operate in accordance with the guuidance set forth in Revenue Rulings 74-587, 1974-2 C.B. 162 and 76-419, 1976.2 C.B. 146.
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-2780472
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $67,510
- Income (IRS master file)
- $70,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $70,000 | $578,672 | $67,510 | IRS |
| 990 | December 2024 | $70,000 | $149,491 | $87,439 | XML |
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 99-2780472).
Questions about MOUNT ZION DEVELOPMENT COMPANY
- What is the EIN of MOUNT ZION DEVELOPMENT COMPANY?
- The employer identification number (EIN) of MOUNT ZION DEVELOPMENT COMPANY is 99-2780472.
- Is MOUNT ZION DEVELOPMENT COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to MOUNT ZION DEVELOPMENT COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MOUNT ZION DEVELOPMENT COMPANY 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 MOUNT ZION DEVELOPMENT COMPANY 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 MOUNT ZION DEVELOPMENT COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of MOUNT ZION DEVELOPMENT COMPANY?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does MOUNT ZION DEVELOPMENT COMPANY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $70,000, expenses of $578,672 and total assets of $67,510 at year end.
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