Nonprofit · EIN 88-4417186
REEMPRISE FUND
Tax-exempt · CHARLOTTE, NC 28212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $78,545 | $362,443 | -$283,898 | $516,474 | $0 | $516,474 |
| December 31, 2024 | 990 | $82,194 | $501,985 | -$419,791 | $800,371 | $0 | $800,371 |
| December 31, 2023 | 990 | $1,468,740 | $248,578 | $1,220,162 | $1,220,162 | $0 | $1,220,162 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $78,545
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $140,000
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $192,000
- Salaries, compensation and benefits (total)
- $192,747
- Professional fundraising fees
- $0
- Accounting fees
- $2,206
- Occupancy
- $5,000
- Travel
- $68
- Program services (functional)
- $297,826
- Management and general (functional)
- $32,309
- Fundraising (functional)
- $32,308
Balance sheet and other
- Total assets, start of year
- $800,371
- Total assets, end of year
- $516,474
- Total liabilities, end of year
- $0
- Net assets, end of year
- $516,474
- Publicly traded securities
- $494,154
- Net assets without donor restrictions
- $516,474
- Gross receipts
- $78,545
- Employees
- 0
- Year formed
- 2023
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charlie Elberson | President Trustee or director, Officer | 1 | $0 |
| Chrystal R Joy | Treasurer Trustee or director, Officer | 1 | $0 |
| Sam L Smith Jr | Secretary Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charlie Elberson | President Trustee or director, Officer | 1 | $0 |
| Chrystal R Joy | Treasurer Trustee or director, Officer | 1 | $0 |
| Sam L Smith Jr | Secretary Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charlie Elberson | President Trustee or director, Officer | 1 | $0 |
| Chrystal R Joy | Treasurer Trustee or director, Officer | 1 | $0 |
| Sam L Smith Jr | Secretary Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5535 ALBEMARLE RD, CHARLOTTE, NC 28212-3610
- Principal officer (990 for 2025)
- Kelly Brooks
- Signed the 990
- Kelly Brooks, Executive Director
- Phone
- (704) 737-8889
- Return prepared by
- Attolero
Mission
Reemprise Fund is a venture philanthropy organization that invests in emerging nonprofit leaders and early-stage organizations serving historically marginalized communities in Charlotte, North Carolina. The organization builds relationships that deepen over time and provides a range of supportsincluding multi-year strategic partnerships, grantmaking, organizational assessment, and hands-on capability buildingto strengthen leadership, operations, and long-term sustainability. Through this continuum of engagement, Reemprise offers strategic guidance, evaluation and learning support, and access to its network to help nonprofit organizations grow stronger, more resilient, and better positioned for lasting impact.
Program accomplishments
- Reemprise Fund maintained two active Strategic Partnerships during 2025, each representing a three-year engagement with nonprofit organizations. These partnerships included unrestricted grant funding, organizational capability-building support, and ongoing strategic guidance to strengthen leadership, operations, and long-term sustainability. In addition to these funded partnerships, Reemprise engaged with a broader group of nonprofit leaders through relationship-building, strategic advising, and the sharing of connections and resources. This work included regular engagement with early-stage organizations, providing thought partnership, capability support, and access to networks to help strengthen their development and assess potential for deeper, long-term partnership.Expenses $297,826 · grants $140,000
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 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 | 990 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
- 88-4417186
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $516,474
- Income (IRS master file)
- $78,545
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $78,545 | $362,443 | $516,474 | IRS |
| 990 | December 2024 | $82,194 | $501,985 | $800,371 | XML |
| 990 | December 2023 | $1,468,740 | $248,578 | $1,220,162 | XML |
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 88-4417186).
Questions about REEMPRISE FUND
- What is the EIN of REEMPRISE FUND?
- The employer identification number (EIN) of REEMPRISE FUND is 88-4417186.
- Is REEMPRISE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to REEMPRISE FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REEMPRISE FUND 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 REEMPRISE FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REEMPRISE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of REEMPRISE FUND?
- The 990 for the year ended December 31, 2025 names Kelly Brooks.
- Who are the officers and directors of REEMPRISE FUND?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does REEMPRISE FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $78,545, expenses of $362,443 and total assets of $516,474 at year end.
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