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Nonprofit · EIN 31-1446694

COLUMBUS COMPACT CORPORATION

Tax-exempt (reinstated) · COLUMBUS, OH 43205

Financials

$113K$87K2023$214K$213K2024
Revenue Expenses · by fiscal year end
Financials of COLUMBUS COMPACT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$213,718$212,554$1,164$123,069$85,676$37,393
December 31, 2023990-EZ$113,439$86,888$26,551$101,820$65,591$36,229
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$120
Program service revenue
$213,596
Investment income
$2
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$80,900
Salaries, compensation and benefits (total)
$126,638
Professional fundraising fees
$0
Accounting fees
$5,705
Occupancy
$11,752
Travel
$7,398
Depreciation
$184
Program services (functional)
$186,358
Management and general (functional)
$23,000
Fundraising (functional)
$3,196

Balance sheet and other

Total assets, start of year
$101,820
Total assets, end of year
$123,069
Total liabilities, end of year
$85,676
Net assets, end of year
$37,393
Land, buildings and equipment
$826
Net assets without donor restrictions
$37,393
Gross receipts
$213,718
Employees
0
Volunteers
5
Year formed
1995
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
KIM KNIGHTSPRESIDENT &
Officer
50$80,900$0
DERRIK PANNELLVICE CHAIRPE
Trustee or director, Officer
0.5$0$11,400
EVELYN CLEVELANDSECRETARY
Trustee or director, Officer
0.5$0$8,370
IRIS COOPERDIRECTOR
Trustee or director
0.5$0$1,188
CRUCITA FLECHADIRECTOR
Trustee or director
0.5$0$800
JOYCE DUNBARCHAIRPERSON
Trustee or director, Officer
0.5$0$0
ELLEN HARVEYTREASURER
Trustee or director, Officer
0.5$0$0
J AVERI FROSTDIRECTOR
Trustee or director
0.5$0$0
JENNIFER THORNTONDIRECTOR
Trustee or director
0.5$0$0
DWAYNE LEEDIRECTOR
Trustee or director
0.5$0$0
990-EZ for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
KIM KNIGHTSPRESIDENT &40$30,000
DERRIK PANNELLVICE CHAIRPE0.5$8,100
EVELYN CLEVELANDSECRETARY0.5$4,570
IRIS COOPERDIRECTOR0.5$800
CRUCITA FLECHADIRECTOR0.5$700
JOYCE DUNBARCHAIRPERSON0.5$0
ELLEN HARVEYTREASURER0.5$0
J AVERI FROSTDIRECTOR0.5$0
JENNIFER THORNTONDIRECTOR0.5$0
MAHDI TAAKILODIRECTOR0.5$0
RAVACHADRANDA SATHARI MALLIKARJUNADIRECTOR0.5$0

Address and contacts

Address (IRS master file)
1890 E MAIN ST, COLUMBUS, OH 43205-2262
In care of
% KIM KNIGHTS
Principal officer (990 for 2024)
KIM KNIGHTS, 1890 E MAIN STREET, COLUMBUS, OH 43205
Signed the 990
KIM KNIGHTS, PRESIDENT & CEO
Phone
(614) 902-8928
Return prepared by
WELLS CPA LLC

Mission

COLUMBUS COMPACT IS A CATALYST FOR POSITIVE DEVELOPMENT OF CENTRAL CITY COLUMBUS' NEIGHBORHOODS AND BUSINESS DISTRICTS.

990 for the year ended December 31, 2024

Program accomplishments

  • ACCELERATE - ACCELERATE COLUMBUS 2024 (CITY OF COLUMBUS): THE COLUMBUS COMPACT CORPORATION DBA COLUMBUS EMPOWERMENT CORPORATION ENGAGED IN A STRATEGIC ROLE WITHIN THE CITY OF COLUMBUS SMALL BUSINESS ECOSYSTEM AS AN ENTREPRENEUR SUPPORT ORGANIZATION IN IMPLEMENTING SCALE UP AND GROW PROGRAMMING TARGETING SMALL BUSINESSES. FOR ACCELERATE COLUMBUS 2024 WE ADMINISTERED SMALL BUSINESS AND ENTREPRENEUR TRAINING PROGRAMS SCALE UP AND GROW PROGRAMS TO BUSINESS OWNERS INCLUDING BUT NOT LIMITED TO THOSE LOCATED IN LOW TO MODERATE INCOME AREAS, FEMALES, PEOPLE OF COLOR, VETERANS AND THOSE IDENTIFYING AS LGTBQ+. OUR PROGRAMS WERE FOCUSED ON FOOD RELATED AND TRADITION (MAIN STREET) ENTERPRISES.
    Expenses $94,478 · revenue $104,360
  • 2.DOWNTOWN - DOWNTOWN GROUND FLOOR INITIATIVE 2024/2025 (CITY OF COLUMBUS): COLUMBUS EMPOWERMENT CORPORATION SHALL BE RESPONSIBLE FOR HELPING TO IDENTIFY BUSINESSES FOR THE PROGRAM AND ASSISTING THEM WITH THE APPLICATION AND PROGRAM PARTICIPATION. COLUMBUS EMPOWERMENT CORPORATION SHALL PROVIDE BUSINESS CONSULTING SERVICES FOR ALL OF THE PARTICIPANTS AS WELL AS UP TO FORTY EXISTING BUSINESSES DOWNTOWN.
    Expenses $45,636 · revenue $67,848
  • OMD - OHIO MICRO BUSINESS DEVELOPMENT PROGRAM 2024 (OCDC): TRAINING AND TECHNICAL ASSISTANCE SERVICES: TRAINING AND HAVE INDIVIDUALS COMPLETE THAT TRAINING; AND EXPECTS TO PROVIDE TECHNICAL ASSISTANCE CONSULTATIONS, LEADING TO JOBS CREATED OR RETAINED, HELPING MICROBUSINESSES EXPAND, AND MICROBUSINESSES START.
    Expenses $36,371 · revenue $35,387
  • NCR 2024 - SERVICES TO ENCOURAGE AND STIMULATE ECONOMIC DEVELOPMENT VIA THE GROWTH AND EXPANSION OF NEIGHBORHOOD-BASED BUSINESSES.
    Expenses $9,873 · revenue $6,000

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-EZ on file

IRS record

EIN
31-1446694
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$123,069
Income (IRS master file)
$213,718

Revocation and reinstatement

Exemption revoked
November 15, 2018
Posted by the IRS
August 12, 2019
Reinstated
Effective February 15, 2020

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$213,718$212,554$123,069XML
990-EZDecember 2023$113,439$86,888$101,820XML
990-EZJune 2023–––IRS
990-EZJune 2022–––IRS
990June 2021–––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 31-1446694).

Questions about COLUMBUS COMPACT CORPORATION

What is the EIN of COLUMBUS COMPACT CORPORATION?
The employer identification number (EIN) of COLUMBUS COMPACT CORPORATION is 31-1446694.
Is COLUMBUS COMPACT CORPORATION tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2018 and reinstated it effective February 15, 2020.
Are donations to COLUMBUS COMPACT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLUMBUS COMPACT CORPORATION 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 COLUMBUS COMPACT CORPORATION 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 COLUMBUS COMPACT CORPORATION 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 COLUMBUS COMPACT CORPORATION?
The 990 for the year ended December 31, 2024 names KIM KNIGHTS.
Who are the officers and directors of COLUMBUS COMPACT CORPORATION?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $80,900 (KIM KNIGHTS, PRESIDENT &).
How much revenue does COLUMBUS COMPACT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $213,718, expenses of $212,554 and total assets of $123,069 at year end.

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