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Nonprofit · EIN 61-1274340

REACH INC

Tax-exempt · LEXINGTON, KY 40504

Financials

$177K$222K2023$176K$211K2024
Revenue Expenses · by fiscal year end
Financials of REACH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$175,694$210,593-$34,899$315,624$242,088$73,536
March 31, 2024990$177,053$221,755-$44,702$366,908$258,473$108,435
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$108,162
of which government grants
$12,459
Program service revenue
$46,765
Investment income
-$243
Net gain from sales of assets
-$450
Net income from fundraising events
$11,771
Other revenue
$21,010

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$70,969
Other salaries and wages
$53,716
Salaries, compensation and benefits (total)
$135,140
Professional fundraising fees
$0
Travel
$309
Depreciation
$8,089
Program services (functional)
$5,743
Management and general (functional)
$204,850

Balance sheet and other

Total assets, start of year
$366,908
Total assets, end of year
$315,624
Total liabilities, end of year
$242,088
Net assets, end of year
$73,536
Land, buildings and equipment
$127,590
Net assets without donor restrictions
$8,192
Net assets with donor restrictions
$65,344
Gross receipts
$181,928
Employees
2
Volunteers
0
Year formed
1994
State of legal domicile
KY

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ELISA COOLEYEXECUTIVE DIRECTOR
Trustee or director
40$70,969
TYLER HAMILTONCHAIR
Trustee or director, Officer
1$0
BRAEDEN FINCHVICE CHAIR
Trustee or director, Officer
1$0
MIKE DUNNSECRETARY
Trustee or director, Officer
1$0
CAMERON STEINERDIRECTOR
Trustee or director
1$0
WILLIAM ALLENDIRECTOR
Trustee or director
1$0
LORA ARIADIRECTOR
Trustee or director
1$0
CHARLES BEACH IIIDIRECTOR
Trustee or director
1$0
JOHN DAVISDIRECTOR
Trustee or director
1$0
BRANDON EASONDIRECTOR
Trustee or director
1$0
ADAM HALLDIRECTOR
Trustee or director
1$0
LANCE LAWRENCEDIRECTOR
Trustee or director
1$0
TODD JOHNSONDIRECTOR
Trustee or director
1$0
JOHN REYNOLDSDIRECTOR
Trustee or director
1$0
HOUSTON HALLDIRECTOR
Trustee or director
1$0
3 more people on this return
NameTitleHours / weekCompensation
DEREK SHAFFERDIRECTOR
Trustee or director
1$0
BILL STUTZENBERGERDIRECTOR
Trustee or director
1$0
CATHY TAYLORDIRECTOR
Trustee or director
1$0
990 for the year ended March 31, 2024: 19 people
NameTitleHours / weekCompensation
ELISA COOLEYEXECUTIVE DI
Trustee or director
40$73,000
LANCE LAWRENCEPRESIDENT
Trustee or director, Officer
1$0
BRAEDEN FINCHVICE CHAIR
Trustee or director, Officer
1$0
PAUL DRAKETREASURER
Trustee or director, Officer
1$0
MIKE DUNNSECRETARY
Trustee or director, Officer
1$0
BILL ALLENDIRECTOR
Trustee or director
1$0
LORA ARIADIRECTOR
Trustee or director
1$0
CHARLES BEACH IIIDIRECTOR
Trustee or director
1$0
JOHN DAVISDIRECTOR
Trustee or director
1$0
BRANDON EASONDIRECTOR
Trustee or director
1$0
ADAM HALLDIRECTOR
Trustee or director
1$0
TYLER HAMILTONDIRECTOR
Trustee or director
1$0
TODD JOHNSONDIRECTOR
Trustee or director
1$0
JOHN REYNOLDSDIRECTOR
Trustee or director
1$0
HOUSTON HALLDIRECTOR
Trustee or director
1$0
DEREK SHAFFERDIRECTOR
Trustee or director
1$0
BILL STUTZENBERGERDIRECTOR
Trustee or director
1$0
CATHY TAYLORDIRECTOR
Trustee or director
1$0
DR CHARLES WETHINGTONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
733 RED MILE RD, LEXINGTON, KY 40504-1153
In care of
% COMPANY
Principal officer (990 for 2024)
ELISA COOLEY, 733 RED MILE ROAD, LEXINGTON, KY 40504
Signed the 990
ELISA COOLEY, EXECUTIVE DIRECTOR
Phone
(859) 455-8057
Return prepared by
BESTEN & DIERUF PLLC

Mission

TO PROVIDE AFFORDABLE HOUSING TO FIRST-TIME HOMEOWNERS IN CENTRAL KENTUCKY

990 for the year ended March 31, 2025

Program accomplishments

  • HOME BUYER SUBSIDIES AND COUNSELING IS A PROGRAM THAT PREPARES FIRST-TIME HOMEBUYER TO FINANCIALLY QUALIFY FOR MORTGAGE FINANCING.
    Expenses $5,497 · revenue $56,004
  • LOAN PROGRAM PROVIDES DIRECT FINANCIAL ASSISTANCE FOR HOUSE WHICH MEET HUD'S DEFINITION FOR LOW-TO-MODERATE INCOME. THE FINANCIAL ASSISTANCE PROVIDES THE HOMEBUYER WITH FUNDS NEEDED FOR DOWN PAYMENT AND CLOSING COSTS OF THE HOME PURCHASE.
    Expenses $246
  • HOUSING DEVELOPMENT PROGRAM USES HUD HOME FUNDS TO DEVELOP & REHAB EXISTING HOUSING UNITS.

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

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
61-1274340
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
1996
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$315,624
Income (IRS master file)
$181,928

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$175,694$210,593$315,624XML
990March 2024$177,053$221,755$366,908XML
990March 2023$289,446$263,081$414,089IRS
990March 2022–––IRS
990March 2021–––IRS
990March 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 61-1274340).

Questions about REACH INC

What is the EIN of REACH INC?
The employer identification number (EIN) of REACH INC is 61-1274340.
Is REACH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to REACH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does REACH 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 REACH INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did REACH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of REACH INC?
The 990 for the year ended March 31, 2025 names ELISA COOLEY.
Who are the officers and directors of REACH INC?
The 990 for the year ended March 31, 2025 lists 18 people; 1 received compensation from the organization, the highest $70,969 (ELISA COOLEY, EXECUTIVE DIRECTOR).
How much revenue does REACH INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $175,694, expenses of $210,593 and total assets of $315,624 at year end.

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