Nonprofit · EIN 11-3193964
NEHEMIAH ECONOMIC DEVELOPMENT INC
Tax-exempt · BROOKLYN, NY 11212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $40,181 | $156,799 | -$116,618 | $416,644 | $13,604 | $403,040 |
| December 31, 2024 | 990 | $122,762 | $113,401 | $9,361 | $531,895 | $12,237 | $519,658 |
| December 31, 2023 | 990 | $141,481 | $86,927 | $54,554 | $522,531 | $12,234 | $510,297 |
| December 31, 2022 | 990-EZ | $120,972 | $72,421 | $48,551 | $496,401 | $40,659 | $455,742 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $4,232
- Net rental income
- $35,949
- Other revenue
- $35,949
Expenses
- Grants and similar amounts paid
- $55,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $74,561
- Accounting fees
- $2,850
- Travel
- $7,638
- Depreciation
- $15,043
- Management and general (functional)
- $15,043
Balance sheet and other
- Total assets, start of year
- $531,895
- Total assets, end of year
- $416,644
- Total liabilities, end of year
- $13,604
- Net assets, end of year
- $403,040
- Land, buildings and equipment
- $184,526
- Net assets without donor restrictions
- $403,040
- Gross receipts
- $74,273
- Employees
- 0
- Year formed
- 1999
- State of legal domicile
- NY
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 |
|---|---|---|---|
| LEBENE HORMEKU | PRESIDENT Trustee or director | 20 | $0 |
| GLORIA OBIOUMA | TREASURER Trustee or director | 20 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEBENE HORMEKU | PRESIDENT Trustee or director | 20 | $0 |
| GLORIA OBIOUMA | TREASURER Trustee or director | 20 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KOFI HORMEKU | PRESIDENT Trustee or director | 20 | $0 |
| GLORIA OBIOUMA | TREASURER Trustee or director | 20 | $0 |
990-EZ for the year ended December 31, 2022: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KOFI HORMEKU | PRESIDENT | 20 | $0 |
| GLORIA OBIOUMA | TREASURER | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 695 MOTHER GASTON BLVD, BROOKLYN, NY 11212-5934
- Principal officer (990 for 2025)
- LEBENE HORMEKU, 856 EAST AVE, Park Ridge, IL 60068
- Signed the 990
- LEBENE HORMEKU, PRESIDENT
- Phone
- (312) 582-0850
- Return prepared by
- JSHAW & ASSOCIATES INC
Mission
TUITION GTANTS TO STUDENTS FUNDS TO IMPROVE STRUCTURES IN DESIGNATED AREAS.
Program accomplishments
- TUITION GRANTS TO STUDENTS FUNDS TO IMPROVE STRUCTURES IN DESIGNATED AREAS.
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 | 990 on file |
IRS record
- EIN
- 11-3193964
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $416,644
- Income (IRS master file)
- $74,273
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $40,181 | $156,799 | $416,644 | IRS |
| 990 | December 2024 | $122,762 | $113,401 | $531,895 | IRS |
| 990 | December 2023 | $141,481 | $86,927 | $522,531 | XML |
| 990-EZ | December 2022 | $120,972 | $72,421 | $496,401 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | 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 11-3193964).
Questions about NEHEMIAH ECONOMIC DEVELOPMENT INC
- What is the EIN of NEHEMIAH ECONOMIC DEVELOPMENT INC?
- The employer identification number (EIN) of NEHEMIAH ECONOMIC DEVELOPMENT INC is 11-3193964.
- Is NEHEMIAH ECONOMIC DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to NEHEMIAH ECONOMIC DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEHEMIAH ECONOMIC DEVELOPMENT 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 NEHEMIAH ECONOMIC DEVELOPMENT 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 NEHEMIAH ECONOMIC DEVELOPMENT 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 NEHEMIAH ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 names LEBENE HORMEKU.
- Who are the officers and directors of NEHEMIAH ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does NEHEMIAH ECONOMIC DEVELOPMENT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $40,181, expenses of $156,799 and total assets of $416,644 at year end.
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