Nonprofit · EIN 20-3496884
GSBC COMMUNITY DEVELOPMENT CORP
Tax-exempt (reinstated) · BIRMINGHAM, AL 35211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $444,391 | $435,187 | $9,204 | $202,737 | $2,183 | $200,554 |
| December 31, 2022 | 990 | $372,069 | $213,572 | $158,497 | $194,747 | $3,397 | $191,350 |
| December 31, 2021 | 990 | $375,728 | $379,911 | -$4,183 | $133,238 | $100,385 | $32,853 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $53,411
- Program service revenue
- $390,980
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $93,000
- Other salaries and wages
- $189,730
- Salaries, compensation and benefits (total)
- $320,813
- Professional fundraising fees
- $0
- Accounting fees
- $6,699
- Program services (functional)
- $435,187
Balance sheet and other
- Total assets, start of year
- $194,747
- Total assets, end of year
- $202,737
- Total liabilities, end of year
- $2,183
- Net assets, end of year
- $200,554
- Net assets without donor restrictions
- $200,554
- Gross receipts
- $444,391
- Employees
- 33
- Volunteers
- 0
- Year formed
- 2005
- State of legal domicile
- AL
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katrice Murray | Accountant Key employee | 40 | $40,000 |
| Shaaron Wesley | CDC Director Key employee | 40 | $40,000 |
| Dr Michael W Wesley | Executive Director Trustee or director | 20 | $13,000 |
990 for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katrice Murray | Accountant Key employee | 40 | $40,000 |
| Shaaron Wesley | 0Director Key employee | 40 | $40,000 |
| Dr Michael W Wesley | Executive Director Trustee or director | 20 | $13,000 |
990 for the year ended December 31, 2021: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katrice Murray | Accountant Officer | 40 | $40,000 |
| Janice Kelsey | Administrative Assistan Trustee or director | 25 | $15,400 |
| Dr Michael Wesley | Executive Director Trustee or director | 20 | $13,000 |
| Shaaron Wesley | Director Officer | 40 | $10,769 |
Address and contacts
- Address (IRS master file)
- 2135 JEFFERSON AVE SW, BIRMINGHAM, AL 35211-4141
- In care of
- % MICHAEL WESLEY SR
- Mailing address (990-N for 2008)
- 2135 Jefferson Avenue SW, Birmingham AL 35211
- Principal officer (990 for 2023)
- MICHAEL WESLEY SR, P O Box 110836, BIRMINGHAM, AL 35211
- Principal officer (990-N for 2008)
- Michael W Wesley Sr, 2135 Jefferson Avenue SW, Birmingham AL 35211
- Signed the 990
- Katrice Murray, Accountant
- Phone
- (205) 925-9750
Mission
Charitable religious educational and scientific purposes including for such purposes the making of distributions to organizations that qualify as exempt organizations under 501 c3
Program accomplishments
- Child Development Center provided a safe loving and nurturing environment for scores of children of school age to allow parents to continue to work or seek gainful employmentExpenses $327,512 · revenue $388,471
- Camp Shiloh provides s comprehensive summer learning experience for school-age childrenExpenses $99,659 · grants $10,000 · revenue $21,979
- administrationExpenses $8,016
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-3496884
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $202,737
- Income (IRS master file)
- $444,391
Revocation and reinstatement
- Exemption revoked
- May 15, 2012
- Posted by the IRS
- February 11, 2013
- Reinstated
- Effective September 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $444,391 | $435,187 | $202,737 | XML |
| 990 | December 2022 | $372,069 | $213,572 | $194,747 | IRS |
| 990 | December 2021 | $375,728 | $379,911 | $133,238 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2008 Officer: Michael W Wesley Sr | December 31, 2008 | ≤ $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 20-3496884).
Questions about GSBC COMMUNITY DEVELOPMENT CORP
- What is the EIN of GSBC COMMUNITY DEVELOPMENT CORP?
- The employer identification number (EIN) of GSBC COMMUNITY DEVELOPMENT CORP is 20-3496884.
- Is GSBC COMMUNITY DEVELOPMENT CORP tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective September 15, 2013.
- Are donations to GSBC COMMUNITY DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GSBC COMMUNITY DEVELOPMENT CORP 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 GSBC COMMUNITY DEVELOPMENT CORP 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 GSBC COMMUNITY DEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of GSBC COMMUNITY DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2023 names MICHAEL WESLEY SR.
- Who are the officers and directors of GSBC COMMUNITY DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2023 lists 3 people; 3 received compensation from the organization, the highest $40,000 (Katrice Murray, Accountant).
- How much revenue does GSBC COMMUNITY DEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $444,391, expenses of $435,187 and total assets of $202,737 at year end.
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