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Nonprofit · EIN 45-5231181

RIC SHELBY APARTMENTS INC

Tax-exempt · GASTONIA, NC 28053

Financials

$117K$158K2022$120K$175K2023$123K$175K2024
Revenue Expenses · by fiscal year end
Financials of RIC SHELBY APARTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$122,812$174,574-$51,762$1,313,781$2,149,768-$835,987
June 30, 2024990$119,841$174,597-$54,756$1,343,615$2,127,840-$784,225
June 30, 2023990$117,252$158,446-$41,194$1,401,666$2,131,135-$729,469
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$68,087
of which government grants
$68,087
Program service revenue
$54,361
Investment income
$364
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,851
Occupancy
$27,998
Depreciation
$47,000
Program services (functional)
$168,074
Management and general (functional)
$6,500

Balance sheet and other

Total assets, start of year
$1,343,615
Total assets, end of year
$1,313,781
Total liabilities, end of year
$2,149,768
Net assets, end of year
-$835,987
Land, buildings and equipment
$1,207,143
Gross receipts
$122,812
Employees
0
Volunteers
3
Year formed
2012
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
DONYEL BARBERPRESIDENT
Trustee or director, Officer
0$0
PAULA BRINKLEYSECRETARY/TREASURER
Trustee or director, Officer
0$0
BOB DAVISDIRECTOR
Trustee or director
0$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
DONYEL BARBERPRESIDENT
Trustee or director, Officer
0$0
PAULA BRINKLEYSECRETARY/TREASURER
Trustee or director, Officer
0$0
BOB DAVISDIRECTOR
Trustee or director
0$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
DONYEL BARBERPRESIDENT
Trustee or director, Officer
0$0
PAULA BRINKLEYSECRETARY/TREASURER
Trustee or director, Officer
0$0
BOB DAVISDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
PO BOX 2466, GASTONIA, NC 28053-2466
In care of
% DONYEL BARBER
Mailing address (990-N for 2013)
PO Box 2466, Gastonia NC 28053
Principal officer (990 for 2024)
DONYEL BARBER, PO BOX 2466, GASTONIA, NC 28053
Principal officer (990-N for 2013)
Donyel Barber, PO Box 2466, Gastonia NC 28053
Signed the 990
DONYEL BARBER, PRESIDENT
Phone
(704) 866-6766
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

TO OWN AND OPERATE A 15-UNIT APARTMENT COMPLEX UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990.

990 for the year ended June 30, 2025

Program accomplishments

  • TO OWN AND OPERATE A 15-UNIT APARTMENT COMPLEX UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990.
    Expenses $168,074 · revenue $54,361

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
45-5231181
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,313,781
Income (IRS master file)
$122,812

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$122,812$174,574$1,313,781XML
990June 2024$119,841$174,597$1,343,615XML
990June 2023$117,252$158,446$1,401,666XML
990June 2022$111,633$194,639$1,447,669IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2013
Officer: Donyel Barber
December 31, 2013≤ $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 45-5231181).

Questions about RIC SHELBY APARTMENTS INC

What is the EIN of RIC SHELBY APARTMENTS INC?
The employer identification number (EIN) of RIC SHELBY APARTMENTS INC is 45-5231181.
Is RIC SHELBY APARTMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to RIC SHELBY APARTMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RIC SHELBY APARTMENTS 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 RIC SHELBY APARTMENTS 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 RIC SHELBY APARTMENTS 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 RIC SHELBY APARTMENTS INC?
The 990 for the year ended June 30, 2025 names DONYEL BARBER.
Who are the officers and directors of RIC SHELBY APARTMENTS INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does RIC SHELBY APARTMENTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $122,812, expenses of $174,574 and total assets of $1,313,781 at year end.

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