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Nonprofit · EIN 52-0897780

ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · WASHINGTON, DC 20020

Financials

$1.4M$797K2023$3.4M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,357,137$1,222,858$2,134,279$23,807,558$822,511$22,985,047
December 31, 2023990$1,363,419$796,818$566,601$22,598,522$1,747,754$20,850,768
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$365,103
of which government grants
$333,612
Program service revenue
$0
Investment income
$0
Other revenue
$2,992,034

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$27,075
Other salaries and wages
$304,275
Salaries, compensation and benefits (total)
$426,130
Professional fundraising fees
$0
Legal fees
$11,915
Occupancy
$75,629
Travel
$3,515
Program services (functional)
$1,155,757
Management and general (functional)
$67,101

Balance sheet and other

Total assets, start of year
$21,648,138
Total assets, end of year
$23,807,558
Total liabilities, end of year
$822,511
Net assets, end of year
$22,985,047
Net assets without donor restrictions
$22,985,047
Gross receipts
$3,357,137
Employees
5
Volunteers
1
Year formed
1969
State of legal domicile
DC

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 / weekCompensation
STANLEY JACKSONPRESIDENT/CEO
Officer
11$27,075
STEPHANIE HOWRADCHAIRPERSON
Trustee or director, Officer
1$0
GRAYLIN PRESBURYMEMBER
Trustee or director
1$0
CINDY ATHEYMEMBER
Trustee or director
1$0
STAN VOUDRIEMEMBER
Trustee or director
1$0
PAMELA B STUARTMEMBER
Trustee or director
1$0
T'CHAKA SAPPVICE CHAIR.
Trustee or director, Officer
1$0
ADRIANE LOWRIEMEMBER
Trustee or director
1$0
DONNA V MORROWMEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
STANLEY JACKSONPRESIDENT/CEO
Officer
11$26,804
STEPHANIE HOWRADCHAIRPERSON
Trustee or director, Officer
1$0
GRAYLIN PRESBURYMEMBER
Trustee or director
1$0
CINDY ATHEYMEMBER
Trustee or director
1$0
STAN VOUDRIEMEMBER
Trustee or director
1$0
PAMELA B STUARTMEMBER
Trustee or director
1$0
T'CHAKA SAPPVICE CHAIR.
Trustee or director, Officer
1$0
ADRIANE LOWRIEMEMBER
Trustee or director
1$0
DONNA V MORROWMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1800 MARTIN LUTHER KING JR 100, WASHINGTON, DC 20020-6901
Principal officer (990 for 2024)
STANLEY JACKSON, 1800 MARTIN LUTHER KING JRAVESE, WASHINGTON, DC 20020
Signed the 990
STANLEY JACKSON, PRESIDENT/CEO
Phone
(202) 889-5100
Return prepared by
F S TAYLOR & ASSOCIATES P C

Mission

TO RAISE THE ECONOMIC,WELFARE,EDUCATIONAL AND SOCIAL LEVELS OF RESIDENTS AND THE OVERALL ECONOMIC DEVELOPMENT NEEDS OF THE ANACOSTIA/FAR SOUTHEAST AREAS OF WASHINGTON, D.C.

990 for the year ended December 31, 2024

Program accomplishments

  • Small Business provides technical support to small businesses in Ward 7 and 8.
    Expenses $275,340 · revenue $280,000
  • FACADE IMPROVEMENTS - HISTORICAL FACADES
    Expenses $58,272 · revenue $59,000
  • SBDC - PROVIDE TECHNICAL ASSISTANCE TO SMALL BUSINESS AS DEFINE BY SMALL BUSINESS ADMINISTRATION STARTING AND CONTINUOUS BUSINESSES WHICH IS LOCATED IN THE ANACOSTIA SOUTHEAST CORRIDOR.
    Expenses $261,464 · revenue $265,050
  • OTHER SUBSIDIARIES
    Expenses $560,681 · revenue $1,880,255

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025Check at the IRS

IRS record

EIN
52-0897780
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
1971
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,807,558
Income (IRS master file)
$3,357,137

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,357,137$1,222,858$23,807,558XML
990December 2023$1,363,419$796,818$22,598,522XML
990December 2022$1,326,868$1,048,534$22,147,733IRS
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 52-0897780).

Questions about ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION is 52-0897780.
Is ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ANACOSTIA ECONOMIC DEVELOPMENT 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 ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ANACOSTIA ECONOMIC DEVELOPMENT 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 ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names STANLEY JACKSON.
Who are the officers and directors of ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $27,075 (STANLEY JACKSON, PRESIDENT/CEO).
How much revenue does ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,357,137, expenses of $1,222,858 and total assets of $23,807,558 at year end.

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