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Nonprofit · EIN 43-1611669

RISE COMMUNITY DEVELOPMENT

Tax-exempt · SAINT LOUIS, MO 63112

Financials

$1.2M$2.5M2023$1.1M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of RISE COMMUNITY DEVELOPMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,084,320$1,753,662-$669,342$1,657,377$4,935,596-$3,278,219
December 31, 2023990$1,152,777$2,507,171-$1,354,394$2,087,992$4,696,869-$2,608,877
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$195,172
of which government grants
$15,000
Program service revenue
$808,105
Investment income
$53,626
Net income from fundraising events
-$3,909
Other revenue
$27,417

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$597,925
Other salaries and wages
$515,526
Salaries, compensation and benefits (total)
$1,283,519
Professional fundraising fees
$0
Legal fees
$5,870
Accounting fees
$46,775
Occupancy
$73,264
Program services (functional)
$1,305,289
Management and general (functional)
$404,034
Fundraising (functional)
$44,339

Balance sheet and other

Total assets, start of year
$2,087,992
Total assets, end of year
$1,657,377
Total liabilities, end of year
$4,935,596
Net assets, end of year
-$3,278,219
Net assets without donor restrictions
-$3,278,219
Gross receipts
$1,096,405
Employees
0
Volunteers
45
Year formed
1992
State of legal domicile
MO

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 / weekCompensationOther / benefits
COLLEEN HAFNERPRESIDENT AND EXECUTIVE DIRECTOR
Officer
40$130,267$31,692
MARK STROKERVICE PRESIDENT
Officer
40$113,601$30,803
BRIAN HURDTREASURER
Officer
40$88,534$27,073
JOHN MORAMARCODIRECTOR OF FINANCE
Officer
40$75,484$16,174
KATHY KINGSBURYSECRETARY
Officer
40$63,437$20,860
MARY CAMPBELLCO-CHAIR
Trustee or director, Officer
2$0$0
JONATHAN GOLDSTEINCO-CHAIR
Trustee or director, Officer
2$0$0
W THOMAS REEVESVICE CHAIR
Trustee or director, Officer
2$0$0
DEBRA MOOREEX-OFFICIO
Trustee or director, Officer
2$0$0
ANDRE ALEXANDERDIRECTOR (THRU 1/24)
Trustee or director
2$0$0
MAURICE ALLENDIRECTOR
Trustee or director
2$0$0
JOHN DUBINSKYDIRECTOR
Trustee or director
2$0$0
TIMOTHY FROELICHDIRECTOR
Trustee or director
2$0$0
MICHAEL HOLMESDIRECTOR (THRU 12/24)
Trustee or director
2$0$0
ALLAN D IVIE IVDIRECTOR (THRU 11/24)
Trustee or director
2$0$0
13 more people on this return
NameTitleHours / weekCompensation
OPAL JONESDIRECTOR
Trustee or director
2$0
JENNIFER KELLY-SAEGERDIRECTOR
Trustee or director
2$0
ABBY KEPPLEDIRECTOR
Trustee or director
2$0
STEVE KRAMERDIRECTOR (THRU 1/24)
Trustee or director
2$0
PHIL KRULLDIRECTOR
Trustee or director
2$0
DAVID C MASONDIRECTOR
Trustee or director
2$0
MICHAEL MCMILLANDIRECTOR (THRU 12/24)
Trustee or director
2$0
DAVID NOBLEDIRECTOR (THRU 1/24)
Trustee or director
2$0
TASHA PETTIS-BONDSDIRECTOR (THRU 10/24)
Trustee or director
2$0
THOMAS J PICKELDIRECTOR
Trustee or director
2$0
STEVEN REYNOLDSDIRECTOR
Trustee or director
2$0
REGINALD SCOTTDIRECTOR
Trustee or director
2$0
HENRY HANK S WEBBERDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 29 people
NameTitleHours / weekCompensationOther / benefits
TERRELL CARTERPRESIDENT & EXEC. DIR. (THRU 11/23)
Officer
40$139,273$16,029
MARK STROKERVICE PRESIDENT
Officer
40$104,050$35,841
COLLEEN HAFNERPRESIDENT AND EXECUTIVE DIRECTOR
Officer
40$75,851$34,580
KATHY KINGSBURYSECRETARY
Officer
39$69,382$24,940
BRIAN HURDTREASURER
Officer
40$77,154$15,002
JASON WARETREASURER (THRU 7/23)
Officer
40$70,588$5,022
MARY CAMPBELLCO-CHAIR
Trustee or director, Officer
2$0$0
JONATHAN GOLDSTEINCO-CHAIR
Trustee or director, Officer
2$0$0
W THOMAS REEVESVICE CHAIR
Trustee or director, Officer
2$0$0
DEBRA MOOREEX-OFICIO
Trustee or director, Officer
2$0$0
ANDRE ALEXANDERDIRECTOR
Trustee or director
2$0$0
MAURICE ALLENDIRECTOR
Trustee or director
2$0$0
JOHN DUBINSKYDIRECTOR
Trustee or director
2$0$0
TIMOTHY FROELICHDIRECTOR
Trustee or director
2$0$0
MICHAEL HOLMESDIRECTOR
Trustee or director
2$0$0
ALLAN D IVIE IVDIRECTOR
Trustee or director
2$0$0
OPAL JONESDIRECTOR
Trustee or director
2$0$0
JENNIFER KELLY-SAEGERDIRECTOR
Trustee or director
2$0$0
ABBY KEPPLEDIRECTOR
Trustee or director
2$0$0
STEVE KRAMERDIRECTOR
Trustee or director
2$0$0
PHIL KRULLDIRECTOR
Trustee or director
2$0$0
DAVID C MASONDIRECTOR
Trustee or director
2$0$0
MICHAEL MCMILLANDIRECTOR
Trustee or director
2$0$0
DAVID NOBLEDIRECTOR
Trustee or director
2$0$0
TASHA PETTIS-BONDSDIRECTOR
Trustee or director
2$0$0
THOMAS J PICKELDIRECTOR
Trustee or director
2$0$0
STEVEN REYNOLDSDIRECTOR
Trustee or director
2$0$0
REGINALD SCOTTDIRECTOR
Trustee or director
2$0$0
HANRY HANK S WEBBERDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
6014 DELMAR BLVD, SAINT LOUIS, MO 63112-1423
In care of
% MR RON KRAUS
Principal officer (990 for 2024)
COLLEEN HAFNER, 1627 WASHINGTON AVENUE, SAINT LOUIS, MO 63103
Signed the 990
COLLEEN HAFNER, PRESIDENT
Phone
(314) 231-9400
Return prepared by
RUBINBROWN LLP

Mission

RISE PARTNERS WITH COMMUNITIES TO BUILD STRONGER, MORE EQUITABLE ST. LOUIS AREA NEIGHBORHOODS. WE REDEVELOP AND STRENGTHEN COMMUNITIES BY PROVIDING HOUSING DEVELOPMENT SERVICES, CAPACITY-BUILDING AND FINANCING, WITH THE GOAL OF REVITALIZING ST. LOUIS NEIGHBORHOODS.

990 for the year ended December 31, 2024

Program accomplishments

  • AFFORDABLE AND MIXED-INCOME HOUSING/MIXED-USE REAL ESTATE DEVELOPMENT: RISE DEVELOPS AFFORDABLE AND MIXED-INCOME HOUSING AND MIXED-USE PROPERTIES IN HISTORICALLY UNDERINVESTED AREAS OF THE ST. LOUIS REGION. WE ALSO PROVIDE AFFORDABLE HOUSING DEVELOPMENT CONSULTANT SERVICES TO NONPROFIT AND OTHERS PARTNERS ENGAGED IN COMMUNITY DEVELOPMENT IN THE ST. LOUIS METROPOLITAN AREA. THE DEVELOPMENT OF AFFORDABLE AND MARKET-RATE HOUSING IN THESE AREAS ENERGIZES THE LOCAL ECONOMY, REDUCES CRIME, IMPROVES THE COMMUNITY'S QUALITY OF LIFE AND CREATES AN ATMOSPHERE THAT SUPPORTS THE EMOTIONAL AND INTELLECTUAL DEVELOPMENT OF ITS CHILDREN. THROUGH THIS WORK, WE AIM TO INSPIRE CONFIDENCE FOR PRIVATE MARKET FORCES TO THEN FOLLOW WITH FURTHER INVESTMENT.
    Expenses $593,146 · revenue $558,687
  • COMMUNITY DEVELOPMENT TECHNICAL ASSISTANCE: RISE'S COMMUNITY DEVELOPMENT TECHNICAL ASSISTANCE PROGRAM PROVIDES TECHNICAL ASSISTANCE TO ST. LOUIS AREA COMMUNITY DEVELOPMENT CORPORATIONS (CDCS) TO ENHANCE THEIR STRENGTH AND FOCUS IN NEIGHBORHOODS THAT WANT TO SEE POSITIVE CHANGES. OUR SPECIALIZED AREAS OF TECHNICAL ASSISTANCE INCLUDE: ORGANIZATIONAL ASSESSMENTS, BOARD TRAINING AND DEVELOPMENT, COMMUNITY ASSESSMENTS, ORGANIZATIONAL STRATEGIC PLANNING, ORGANIZATIONAL FINANCIAL MANAGEMENT, RESOURCE DEVELOPMENT, COMMUNITY PLANNING AND ENGAGEMENT, PROJECT PLANNING, PROGRAM PLANNING AND DEVELOPMENT, OUTCOME AND IMPACT MEASUREMENT AND ANALYSIS, HOME AND CDBG TRAINING, CHDO CERTIFICATIONS, AND GIS DATABASES AND MAPPING.
    Expenses $244,345 · revenue $274,954
  • PREDEVELOPMENT LOAN PROGRAM: RISE PROVIDES A SOURCE OF FUNDS FOR NEIGHBORHOOD-BASED NOT-FOR-PROFIT ORGANIZATIONS TO PAY COSTS INCURRED IN THE EARLY STAGES OF THEIR REAL ESTATE DEVELOPMENT PROJECTS WHEN CONVENTIONAL FINANCING WOULD NOT BE ABLE TO BE OBTAINED BY SUCH GROUPS.
    Expenses $186,852 · revenue $5,790
  • ASSET MANAGEMENT: RISE IS THE MANAGING GENERAL PARTNER OF AFFORDABLE AND MIXED-INCOME HOUSING AND MIXED-USE REAL ESTATE INVESTMENT PARTNERSHIPS. RISE OVERSEES A PORTFOLIO OF RESIDENTIAL AND MIXED-USE PROPERTIES THAT ARE DIRECTLY MANAGED ON A DAY TO DAY BASIS BY THIRD PARTY PROPERTY MANAGEMENT FIRMS, WITH THE EXCEPTION OF UNIVERSITY LOFTS IN DOWNTOWN ST. LOUIS, WHICH IS MANAGED DIRECTLY BY RISE.
    Expenses $280,946

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
43-1611669
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
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,657,377
Income (IRS master file)
$1,096,405

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,084,320$1,753,662$1,657,377XML
990December 2023$1,152,777$2,507,171$2,087,992XML
990December 2022$578,872$1,666,300$195,894IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 43-1611669).

Questions about RISE COMMUNITY DEVELOPMENT

What is the EIN of RISE COMMUNITY DEVELOPMENT?
The employer identification number (EIN) of RISE COMMUNITY DEVELOPMENT is 43-1611669.
Is RISE COMMUNITY DEVELOPMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to RISE COMMUNITY DEVELOPMENT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RISE COMMUNITY DEVELOPMENT 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 RISE COMMUNITY DEVELOPMENT 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 RISE COMMUNITY DEVELOPMENT 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 RISE COMMUNITY DEVELOPMENT?
The 990 for the year ended December 31, 2024 names COLLEEN HAFNER.
Who are the officers and directors of RISE COMMUNITY DEVELOPMENT?
The 990 for the year ended December 31, 2024 lists 28 people; 5 received compensation from the organization, the highest $130,267 (COLLEEN HAFNER, PRESIDENT AND EXECUTIVE DIRECTOR).
How much revenue does RISE COMMUNITY DEVELOPMENT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,084,320, expenses of $1,753,662 and total assets of $1,657,377 at year end.

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