Nonprofit · EIN 31-1240715
EXCEL DEVELOPMENT CO INC
Tax-exempt · CINCINNATI, OH 45219
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,699,603 | $12,647,215 | $52,388 | $17,281,241 | $7,839,028 | $9,442,213 |
| June 30, 2024 | 990 | $10,582,311 | $11,903,799 | -$1,321,488 | $16,515,442 | $7,207,164 | $9,308,278 |
| June 30, 2023 | 990 | $10,630,304 | $10,951,097 | -$320,793 | $17,616,132 | $7,066,978 | $10,549,154 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,558,157
- of which government grants
- $8,784,001
- Program service revenue
- $3,082,966
- Investment income
- $45,106
- Net gain from sales of assets
- -$13,274
- Other revenue
- $13,374
Expenses
- Grants and similar amounts paid
- $5,000,965
- Compensation of officers, directors and key employees
- $625,477
- Other salaries and wages
- $2,205,243
- Salaries, compensation and benefits (total)
- $3,104,486
- Professional fundraising fees
- $0
- Legal fees
- $13,683
- Accounting fees
- $59,204
- Occupancy
- $133,285
- Depreciation
- $483,745
- Program services (functional)
- $11,417,572
- Management and general (functional)
- $1,229,643
Balance sheet and other
- Total assets, start of year
- $16,515,442
- Total assets, end of year
- $17,281,241
- Total liabilities, end of year
- $7,839,028
- Net assets, end of year
- $9,442,213
- Land, buildings and equipment
- $7,933,223
- Publicly traded securities
- $1,232,465
- Net assets without donor restrictions
- $9,442,213
- Gross unrelated business income
- $21,808
- Gross receipts
- $12,936,852
- Employees
- 46
- Volunteers
- 11
- Year formed
- 1988
- State of legal domicile
- OH
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN COOLEY SR | CEO Officer | 40 | $319,808 | $5,096 |
| CONNIE JONES | COO (TERM. OCT 2024) Officer | 40 | $157,421 | $560 |
| DEBORAH AVERY | CFO (TERM. MAR 2024) Former | 40 | $141,422 | $1,170 |
| ERRICH MINCY | MAINTENANCE TECHNICIAN Highest-paid employee | 59 | $113,778 | $633 |
| SHANIKA RISTON-CRUZ | DIRECTOR OF PROPERTY MANAGEMENT Highest-paid employee | 40 | $112,970 | $1,316 |
| WEB BREWER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TORRI COOK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ZAMARIS GELESZINSKI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TRENA GOODWIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAULA NEISES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TRINA TURNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARTHA WASSERMANN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUSAN M ARGO | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| ANITA G KUPPIN | VICE-CHAIR (UNTIL AUGUST) Trustee or director, Officer | 1 | $0 | $0 |
| MARTIN L ACKERMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN FRANK JR | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN COOLEY SR | CEO Officer | 40 | $319,808 |
| CONNIE JONES | COO Officer | 40 | $157,421 |
| DEBORAH AVERY | CFO Officer | 40 | $141,422 |
| SUSAN M ARGO | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| ANITA G KUPPIN | VICE-CHAIR THRU AUGUST Trustee or director, Officer | 1 | $0 |
| MARTIN L ACKERMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN FRANK JR | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARTHA WASSERMANN | TRUSTEE Trustee or director | 1 | $0 |
| TRENA GOODWIN | TRUSTEE Trustee or director | 1 | $0 |
| TRINA TURNER | TRUSTEE Trustee or director | 1 | $0 |
| WEB BREWER | TRUSTEE Trustee or director | 1 | $0 |
| ZAMARIS GELESZINSKI | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN COOLEY | CEO Officer | 40 | $227,309 |
| DEBORAH AVERY | CFO Officer | 40 | $158,096 |
| CONNIE JONES | COO Officer | 40 | $155,830 |
| SUSAN M ARGO | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| ANITA G KUPPIN | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| MARTIN L ACKERMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN FRANK JR | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARTHA WASSERMANN | TRUSTEE Trustee or director | 1 | $0 |
| TRENA GOODWIN | TRUSTEE Trustee or director | 1 | $0 |
| TRINA TURNER | TRUSTEE Trustee or director | 1 | $0 |
| WEB BREWER | TRUSTEE Trustee or director | 1 | $0 |
| ZAMARIS GELESZINSKI | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2403 AUBURN AVE, CINCINNATI, OH 45219-2701
- Principal officer (990 for 2024)
- KEVIN COOLEY SR, 2403 AUBURN AVE, CINCINNATI, OH 45219
- Signed the 990
- KEVIN COOLEY SR, CEO
- Phone
- (513) 632-7149
- Website
- HTTPS://WWW.EXCELDEV.ORG
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
TO PROVIDE QUALIFIED INDIVIDUALS AFFORDABLE HOUSING THAT SATISFIES THEIR RESIDENTIAL NEEDS.
Program accomplishments
- EXCEL DEVELOPMENT CO., INC. SUPPORTS SEVERELY MENTALLY ILL INDIVIDUALS AND THEIR FAMILIES IN OVER 1,100 APARTMENTS BY PROVIDING RENTAL SUBSIDIES AND HOUSING SUPPORT IN TWO DIFFERENT PERMANENT SUPPORTIVE HOUSING PROGRAMS. EXCEL DEVELOPMENT CO., INC.'S HOUSING PROGRAMS PROVIDE NECESSARY SUPPORT FOR THEIR CLIENTS TO OBTAIN AND REMAIN IN SUITABLE INDEPENDENT LIVING SITUATIONS.Expenses $11,417,572 · grants $5,000,965 · revenue $3,061,158
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1240715
- 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
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L200)
- Assets (IRS master file)
- $17,281,241
- Income (IRS master file)
- $12,936,852
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,699,603 | $12,647,215 | $17,281,241 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $10,582,311 | $11,903,799 | $16,515,442 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $10,630,304 | $10,951,097 | $17,616,132 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $9,197,757 | $9,603,275 | $13,448,858 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 31-1240715).
Questions about EXCEL DEVELOPMENT CO INC
- What is the EIN of EXCEL DEVELOPMENT CO INC?
- The employer identification number (EIN) of EXCEL DEVELOPMENT CO INC is 31-1240715.
- Is EXCEL DEVELOPMENT CO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to EXCEL DEVELOPMENT CO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EXCEL DEVELOPMENT CO 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 EXCEL DEVELOPMENT CO INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EXCEL DEVELOPMENT CO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of EXCEL DEVELOPMENT CO INC?
- The 990 for the year ended June 30, 2025 names KEVIN COOLEY SR.
- Who are the officers and directors of EXCEL DEVELOPMENT CO INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 5 received compensation from the organization, the highest $319,808 (KEVIN COOLEY SR, CEO).
- How much revenue does EXCEL DEVELOPMENT CO INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,699,603, expenses of $12,647,215 and total assets of $17,281,241 at year end.
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