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Nonprofit · EIN 54-1908243

PROGRESS STREET CORP

Tax-exempt · FREDERICKSBRG, VA 22401

Financials

$20K$12K2023$5K$12K2024
Revenue Expenses · by fiscal year end
Financials of PROGRESS STREET CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,233$12,000-$6,767$500,899$340,664$160,235
June 30, 2024990$19,725$12,000$7,725$520,273$353,271$167,002
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$4
Net rental income
$5,229
Other revenue
$5,229

Expenses

Grants and similar amounts paid
$12,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$12,000

Balance sheet and other

Total assets, start of year
$520,273
Total assets, end of year
$500,899
Total liabilities, end of year
$340,664
Net assets, end of year
$160,235
Land, buildings and equipment
$435,254
Net assets without donor restrictions
$160,235
Gross receipts
$118,603
Employees
0
Volunteers
0
Year formed
1998
State of legal domicile
VA

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
LINDA HILLPRESIDENT
Trustee or director, Officer
3$0
DEBE FULTSDIRECTOR
Trustee or director
3$0
CLEATON BATTLEDIRECTOR
Trustee or director
3$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
LINDA HILLPRESIDENT
Trustee or director, Officer
3$0
DEBE FULTSDIRECTOR
Trustee or director
3$0
CLEATON BATTLEDIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
409 PROGRESS ST, FREDERICKSBRG, VA 22401-3337
In care of
% CRAIG W VAN VALKENBURG
Principal officer (990 for 2024)
DEBE FULTS, 409 PROGRESS STREET, FREDERICKSBURG, VA 22401
Signed the 990
DEBE FULTS, DIRECTOR
Phone
(540) 371-3070
Return prepared by
BENNETT ATKINSON & ASSOCIATES PC

Mission

TO PROVIDE HOUSING FOR PEOPLE WITH DISABILITIES.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE HOUSING TO PERSONS WITH DISABILITIES WHO MAY OTHERWISE BE UNABLE TO AFFORD HOUSING.
    Expenses $12,000 · grants $12,000

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 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
54-1908243
Tax-exempt status
501(c)(2): Title-holding corporation
Donations deductible
No
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$500,899
Income (IRS master file)
$118,603

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,233$12,000$500,899IRS
990June 2024$19,725$12,000$520,273XML
990June 2023$27,546$12,000$530,290IRS
990June 2022$16,232$12,000$524,928IRS
990June 2021–––IRS
990June 2019–––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 54-1908243).

Questions about PROGRESS STREET CORP

What is the EIN of PROGRESS STREET CORP?
The employer identification number (EIN) of PROGRESS STREET CORP is 54-1908243.
Is PROGRESS STREET CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1998.
Are donations to PROGRESS STREET CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PROGRESS STREET CORP 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 PROGRESS STREET CORP 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 PROGRESS STREET CORP 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 PROGRESS STREET CORP?
The 990 for the year ended June 30, 2025 names DEBE FULTS.
Who are the officers and directors of PROGRESS STREET CORP?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does PROGRESS STREET CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,233, expenses of $12,000 and total assets of $500,899 at year end.

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