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Nonprofit · EIN 20-2069681

GOLER PLACE INC

Tax-exempt · WINSTONSALEM, NC 27127

Financials

$534K$689K2023$517K$735K2024
Revenue Expenses · by fiscal year end
Financials of GOLER PLACE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$517,238$734,798-$217,560$4,534,018$335,938$4,198,080
December 31, 2023990$533,697$689,052-$155,355$4,696,209$280,569$4,415,640
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$274,525
of which government grants
$274,525
Program service revenue
$257,453
Investment income
-$14,740
Net gain from sales of assets
-$14,757
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,831
Accounting fees
$6,819
Occupancy
$45,833
Depreciation
$184,297
Program services (functional)
$722,445
Management and general (functional)
$12,353

Balance sheet and other

Total assets, start of year
$4,696,209
Total assets, end of year
$4,534,018
Total liabilities, end of year
$335,938
Net assets, end of year
$4,198,080
Land, buildings and equipment
$4,295,541
Net assets without donor restrictions
$4,198,080
Gross receipts
$531,995
Employees
0
Volunteers
10
Year formed
2004
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL L SUGGSCHAIRMAN
Trustee or director, Officer
0$0
CRAIG PEATROSSVICE CHAIRMAN
Trustee or director, Officer
0$0
MALLORY M OATESDIRECTOR
Trustee or director
0$0
FRED PHIFERDIRECTOR
Trustee or director
0$0
GARRETT D BOLDENDIRECTOR
Trustee or director
0$0
LAFAYETTE JONESDIRECTOR
Trustee or director
0$0
LAURIE INGRAMDIRECTOR
Trustee or director
0$0
GARRY MERRITTDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
MICHAEL L SUGGSCHAIRMAN
Trustee or director, Officer
0$0
CRAIG PEATROSSVICE CHAIRMAN
Trustee or director, Officer
0$0
FRANK S CELESTINODIRECTOR
Trustee or director
0$0
MALLORY M OATESDIRECTOR
Trustee or director
0$0
FRED PHIFERDIRECTOR
Trustee or director
0$0
GARRETT D BOLDENDIRECTOR
Trustee or director
0$0
LAFAYETTE JONESDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
2585 W CLEMMONSVILLE RD SUITE 10, WINSTONSALEM, NC 27127-8704
In care of
% MICHAEL SUGGS
Principal officer (990 for 2024)
MICHAEL SUGGS, 2585 W CLEMMONSVILLE RD SUITE 102, WINSTONSALEM, NC 27127
Signed the 990
MICHAEL SUGGS, CHAIRMAN
Phone
(336) 765-3906
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

TO PROVIDE HOUSING FOR LOW INCOME ELDERLY RESIDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATING A 79 UNIT APARTMENT COMPLEX FOR LOW INCOME ELDERLY INDIVIDUALS UNDER SECTION 202 OF THE U.S. HOUSING ACT OF 1959.
    Expenses $722,445 · revenue $257,453

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
20-2069681
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,534,018
Income (IRS master file)
$531,995

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$517,238$734,798$4,534,018XML
990December 2023$533,697$689,052$4,696,209XML
990December 2022$539,845$667,298$4,827,491IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 20-2069681).

Questions about GOLER PLACE INC

What is the EIN of GOLER PLACE INC?
The employer identification number (EIN) of GOLER PLACE INC is 20-2069681.
Is GOLER PLACE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to GOLER PLACE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GOLER PLACE 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 GOLER PLACE 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 GOLER PLACE 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 GOLER PLACE INC?
The 990 for the year ended December 31, 2024 names MICHAEL SUGGS.
Who are the officers and directors of GOLER PLACE INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does GOLER PLACE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $517,238, expenses of $734,798 and total assets of $4,534,018 at year end.

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