Skip to main content

Nonprofit · EIN 81-2556748

CODEFI FOUNDATION ON RURAL INNOVATION

Tax-exempt · CAPE GIRARDEAU, MO 63701

Financials

$2.2M$2.4M2023$3.1M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of CODEFI FOUNDATION ON RURAL INNOVATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,124,299$3,293,411-$169,112$251,056$168,033$83,023
December 31, 2023990$2,194,914$2,402,498-$207,584$430,740$178,605$252,135
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,786,013
of which government grants
$2,786,013
Program service revenue
$338,250
Investment income
$19
Other revenue
$17

Expenses

Grants and similar amounts paid
$125,000
Other salaries and wages
$224,372
Salaries, compensation and benefits (total)
$241,555
Professional fundraising fees
$0
Legal fees
$88
Accounting fees
$24,610
Occupancy
$130,200
Travel
$10,474
Depreciation
$18,390
Program services (functional)
$3,026,184
Management and general (functional)
$267,227

Balance sheet and other

Total assets, start of year
$430,740
Total assets, end of year
$251,056
Total liabilities, end of year
$168,033
Net assets, end of year
$83,023
Land, buildings and equipment
$26,135
Net assets without donor restrictions
$83,023
Gross receipts
$3,124,299
Employees
2
Volunteers
0
Year formed
2016
State of legal domicile
MO

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
DR JAMES STAPLETONPRESIDENT & CEO
Trustee or director, Officer
40$160,503
CHRIS CARNELLEXECUTIVE DIRECTOR
Trustee or director, Officer
40$63,869
CHRIS DITTMERVICE PRESIDENT
Trustee or director, Officer
1$0
CHAUNCY BUCHHEITSECETARY
Trustee or director, Officer
1$0
SIMORIAH STOGNERBOARD MEMBER
Trustee or director
1$0
AARON PANTONTREASURER
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
DR JAMES STAPLETONPRESIDENT & CEO
Trustee or director, Officer
40$105,546
CHRIS CARNELLEXECUTIVE DIRECTOR
Trustee or director, Officer
40$105,546
GLENN CAMPBELLVICE PRESIDENT
Trustee or director, Officer
1$0
CHAUNCY BUCHHEITSECETARY
Trustee or director, Officer
1$0
TIM GOODMANBOARD MEMBER
Trustee or director
1$0
AARON PANTONTREASURER
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
338 BROADWAY ST, CAPE GIRARDEAU, MO 63701-7367
Principal officer (990 for 2024)
DR JAMES STAPLETON, PO BOX 766, CAPE GIRARDEAU, MO 637020766
Signed the 990
DR JAMES STAPLETON, PRESIDENT & CEO
Phone
(573) 335-9675
Return prepared by
PINION LLC

Mission

THE FOUNDATION IS DEDICATED TO IMPROVING THE QUALITY OF LIFE BY ACCELERATING ECONOMIC DEVELOPMENT THROUGH ACCESS TO EDUCATION, MENTORING, TECHNOLOGY, CAPITAL, AND PROVIDING INCREASED AND EFFICIENT INTERNET, NETWORK, AND TECHNOLOGY CONNECTIVITY AND ACCESS TO CITIZENS AND BUSINESSES.

990 for the year ended December 31, 2024

Program accomplishments

  • IMPROVED THE QUALITY OF LIFE BY ACCELERATING ECONOMIC DEVELOPMENT THROUGH ACCESS TO EDUCATION, MENTORING, TECHNOLOGY, CAPITAL, AND PROVIDING INCREASED AND EFFICIENT INTERNET, NETWORK, AND TECHNOLOGY CONNECTIVITY AND ACCESS TO CITIZENS AND BUSINESSES.
    Expenses $3,026,184 · grants $125,000 · revenue $338,267

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-2556748
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$251,056
Income (IRS master file)
$3,124,299

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,124,299$3,293,411$251,056XML
990December 2023$2,194,914$2,402,498$430,740XML
990December 2022$1,927,331$1,989,779$460,489IRS
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 81-2556748).

Questions about CODEFI FOUNDATION ON RURAL INNOVATION

What is the EIN of CODEFI FOUNDATION ON RURAL INNOVATION?
The employer identification number (EIN) of CODEFI FOUNDATION ON RURAL INNOVATION is 81-2556748.
Is CODEFI FOUNDATION ON RURAL INNOVATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to CODEFI FOUNDATION ON RURAL INNOVATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CODEFI FOUNDATION ON RURAL INNOVATION 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 CODEFI FOUNDATION ON RURAL INNOVATION 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 CODEFI FOUNDATION ON RURAL INNOVATION 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 CODEFI FOUNDATION ON RURAL INNOVATION?
The 990 for the year ended December 31, 2024 names DR JAMES STAPLETON.
Who are the officers and directors of CODEFI FOUNDATION ON RURAL INNOVATION?
The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $160,503 (DR JAMES STAPLETON, PRESIDENT & CEO).
How much revenue does CODEFI FOUNDATION ON RURAL INNOVATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,124,299, expenses of $3,293,411 and total assets of $251,056 at year end.

Other nonprofits in CAPE GIRARDEAU

All nonprofits in CAPE GIRARDEAU · Missouri · Community improvement and capacity building