Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2018.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990; $144K paid to officers and key staff.
Luke Woerner’s $33K as Vice President (thru June) is at the 17th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Luke Woerner | $32,850 | $144,000 | $144,000 | $72,000 | — |
| William Sanderson | — | — | — | $37,500 | $141,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Revitalizing urban neighborhoods through targeted real estate investments.
Questions for Urban Community Developers INC
Your first name shows with your question. Urban Community Developers INC answers here, for everyone.
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The board program has purchased land and plans have been finalized for 11 more homes to be started in the near future in newport, ky.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $20K | $56K |
| Total assetsLn 16 | $1.1M | $639K |
| LiabilitiesLn 26 | $609K | $256K |
| Net assetsLn 32 | $529K | $384K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $144K | $144K | ||
| Other salaries and wagesLn 7 | $254 | $254 | ||
| Legal feesLn 11b | $10K | $10K | ||
| Accounting feesLn 11c | $7K | $7K | ||
| Other fees for servicesLn 11g | $4K | $4K | ||
| Office expensesLn 13 | $50 | $50 | ||
| Information technologyLn 14 | $3K | $3K | ||
| TravelLn 17 | $159 | $159 | ||
| Depreciation, depletion and amortizationLn 22 | $4K | $4K | ||
| InsuranceLn 23 | $22K | $22K | ||
| Other expenses (24a–d)Ln 24 | $6K | $5K | $1K | |
| Total functional expensesLn 25 | $200K | $178K | $22K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $223K | $51K | $171K | $650K | 990 PDF |
| FY2023 Viewing | $55K | $200K | −$146K | $384K | 990 PDF |
| FY2022 | $0 | $178K | −$178K | $529K | 990 PDF |
| FY2021 | $500K | $173K | $327K | $708K | 990 PDF |
| FY2020 | −$39K | $237K | −$276K | $351K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $54,511 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 4 to look at
Part VIII · Statement of revenue $54,511 across 3 lines filed
Part IX · Statement of functional expenses $200,019 across 11 lines filed
Part X · Balance sheet $639,467 assets, 11 lines filed
Part XI · Reconciliation of net assets $383,723 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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