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Nonprofit · EIN 20-3753570

FREEDOM CO-OP INC

Tax-exempt · MEMPHIS, TN 38104

Financials

$87K$116K2023$89K$90K2024
Revenue Expenses · by fiscal year end
Financials of FREEDOM CO-OP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$88,690$89,570-$880$5$24,890-$24,885
December 31, 2023990$87,203$115,840-$28,637$217$24,222-$24,005
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$88,690
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$11,145
Other salaries and wages
$57,826
Salaries, compensation and benefits (total)
$76,234
Professional fundraising fees
$0
Accounting fees
$1,901
Program services (functional)
$78,458
Management and general (functional)
$11,112

Balance sheet and other

Total assets, start of year
$217
Total assets, end of year
$5
Total liabilities, end of year
$24,890
Net assets, end of year
-$24,885
Gross receipts
$88,690
Employees
3
Volunteers
17
Year formed
2005
State of legal domicile
TN

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 / weekCompensationFrom related orgs
SUZANNE COLSEYEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0$11,145
LINDA DUKETREASURER/SECRETARY
Trustee or director, Officer
1$0$0
MICHAEL HEINRICHMEDIATOR/MEDICAL RECORDS
Trustee or director
1$0$0
GREG BETHEADIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgs
SUZANNE COLSEYEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0$28,979
BETH BARNETTBOARD PRESIDENT
Trustee or director, Officer
1$0$0
LINDA DUKETREASURER/SECRETARY
Trustee or director, Officer
1$0$0
MICHAEL HEINRICHMEDIATOR/MEDICAL RECORDS
Trustee or director
1$0$0
GREG BETHEADIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2181 UNION AVE, MEMPHIS, TN 38104-4208
In care of
% SUZANNE COLSEY
Principal officer (990 for 2024)
SUZANNE S COLSEY, 62 ANGELUS, MEMPHIS, TN 38104
Signed the 990
SUZANNE S COLSEY, EXECUTIVE DIRECTOR
Phone
(901) 603-5864
Return prepared by
G&G CPA SERVICES

Mission

THE MISSION OF THE FREEDOM CO-OP, INC IS TO PROVIDE THE SUPPORTS AND SERVICES NEEDED FOR SERVICE RECEIPIENTS TO LIVE A PRODUCTIVE AND INCLUSIVE LIFE, SURROUNDED BY FRIENDS WHO LOVE AND CARE FOR THEM.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PROGRAM PROVIDED PAS FOR PEOPLE AT HOME AND HELPED FAMILES IN NEED
    Expenses $78,458 · revenue $88,690

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
20-3753570
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
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P80)
Assets (IRS master file)
$5
Income (IRS master file)
$88,690

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$88,690$89,570$5XML
990December 2023$87,203$115,840$217XML
990December 2022$81,794$94,090$0IRS
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 20-3753570).

Questions about FREEDOM CO-OP INC

What is the EIN of FREEDOM CO-OP INC?
The employer identification number (EIN) of FREEDOM CO-OP INC is 20-3753570.
Is FREEDOM CO-OP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to FREEDOM CO-OP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREEDOM CO-OP 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 FREEDOM CO-OP 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 FREEDOM CO-OP 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 FREEDOM CO-OP INC?
The 990 for the year ended December 31, 2024 names SUZANNE S COLSEY.
Who are the officers and directors of FREEDOM CO-OP INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does FREEDOM CO-OP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $88,690, expenses of $89,570 and total assets of $5 at year end.

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