Nonprofit · EIN 56-2256392
DREAMKEY PARTNERS MORTGAGE INC
Tax-exempt · CHARLOTTE, NC 28217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $32,610 | $14,753 | $17,857 | $1,708,577 | $1,777,762 | -$69,185 |
| December 31, 2023 | 990 | $128,546 | $128,477 | $69 | $1,894,581 | $1,981,623 | -$87,042 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $16,400
- of which government grants
- $16,400
- Program service revenue
- $14,291
- Investment income
- $1,919
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,500
- Program services (functional)
- $14,753
Balance sheet and other
- Total assets, start of year
- $1,894,581
- Total assets, end of year
- $1,708,577
- Total liabilities, end of year
- $1,777,762
- Net assets, end of year
- -$69,185
- Net assets without donor restrictions
- -$69,185
- Gross receipts
- $32,610
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2001
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Ms Julie A Porter | President Trustee or director, Officer | 1 | $0 | $341,173 | $40,412 |
| Mr Fred Dodson Jr | Vice President Trustee or director, Officer | 1 | $0 | $264,372 | $26,610 |
| Mr Kevin Schrader | Treasurer Trustee or director, Officer | 1 | $0 | $198,956 | $541 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Julie A Porter | President Trustee or director, Officer | 1 | $0 | $288,357 | $27,499 |
| Fred Dodson Jr | Vice President Trustee or director, Officer | 1 | $0 | $237,808 | $24,465 |
| Kevin Schrader | Treasurer Trustee or director, Officer | 1 | $0 | $188,205 | $10,197 |
Address and contacts
- Address (IRS master file)
- 4601 CHARLOTTE PARK DR STE 350, CHARLOTTE, NC 28217-1920
- Principal officer (990 for 2024)
- JULIE A PORTER, 4601 CHARLOTTE PARK DR STE 350, Charlotte, NC 28217
- Signed the 990
- Julie A Porter, President
- Phone
- (704) 342-0933
- Return prepared by
- Forvis Mazars LLP
Mission
TO PROVIDE MORTGAGE BROKERING AND MORTGAGE BANKING SERVICES TO INDIVIDUALS AND FAMILIES DIRECTLY AND INDIRECTLY SERVED BY DREAMKEY PARTNERS, INC.
Program accomplishments
- DREAMKEY PARTNERS MORTGAGE, INC. WAS ORGANIZED TO SUPPORT AND IMPLEMENT THE PROGRAMS AND ACTIVITIES OF DREAMKEY PARTNERS, INC., (THE "PARENT") A NORTH CAROLINA NON-PROFIT CORPORATION, BY PROVIDING MORTGAGE BROKERING AND MORTGAGE BANKING SERVICES TO INDIVIDUALS AND FAMILIES DIRECTLY AND INDIRECTLY SERVED BY DREAMKEY PARTNERS, INC. THE ORGANIZATION PROVIDES PRE-PURCHASE EDUCATION AND PREPARATION AS WELL AS DOWN PAYMENT ASSISTANCE TO FUTURE ELIGIBLE HOMEBUYERS IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF GRANTS WHICH FUND SPECIFIC ACTIVITIES RELATED TO HOMEOWNERSHIP.Expenses $14,753 · revenue $16,210
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2256392
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L11)
- Assets (IRS master file)
- $1,708,577
- Income (IRS master file)
- $32,610
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $32,610 | $14,753 | $1,708,577 | XML |
| 990 | December 2023 | $128,546 | $128,477 | $1,894,581 | XML |
| 990 | December 2022 | $501,361 | $527,843 | $1,445,351 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 56-2256392).
Questions about DREAMKEY PARTNERS MORTGAGE INC
- What is the EIN of DREAMKEY PARTNERS MORTGAGE INC?
- The employer identification number (EIN) of DREAMKEY PARTNERS MORTGAGE INC is 56-2256392.
- Is DREAMKEY PARTNERS MORTGAGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to DREAMKEY PARTNERS MORTGAGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does DREAMKEY PARTNERS MORTGAGE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of DREAMKEY PARTNERS MORTGAGE INC 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 DREAMKEY PARTNERS MORTGAGE INC 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 DREAMKEY PARTNERS MORTGAGE INC?
- The 990 for the year ended December 31, 2024 names JULIE A PORTER.
- Who are the officers and directors of DREAMKEY PARTNERS MORTGAGE INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does DREAMKEY PARTNERS MORTGAGE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $32,610, expenses of $14,753 and total assets of $1,708,577 at year end.
Other nonprofits in CHARLOTTE
- HORIZON DEVELOPMENT PROPERTIES INC EIN 56-2246833 · last filed 990 for 2024
- MONTAGE LIVING EIN 82-5217687 · last filed 990 for 2023
- DREAMKEY PARTNERS INC EIN 56-1620516 · last filed 990 for 2024
- CYPRESS OF CHARLOTTE CLUB INC EIN 56-2103741 · last filed 990 for 2024
- HOUSING COLLABORATIVE EIN 56-2173215 · last filed 990 for 2025
- C O R E PROGRAMS INC EIN 31-1815003 · last filed 990 for 2024
- CARMEL HILLS RETIREMENT COMM EIN 58-1307937 · last filed 990 for 2026
- SOUTHEASTERN HOUSING PRESERVATION INC EIN 56-1856590 · last filed 990 for 2025
All nonprofits in CHARLOTTE · North Carolina · Housing and shelter