ACTS LENDING INC

As filed

Subsection

03

NTEE code

L30

Classification

1200

Street

270 E KILBOURN AVE STE 5

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 5). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• ACTS COMMUNITY DEVELOPMENT CORPORATION

  EIN 39-1837474

• ACTS HOMEOWNERSHIP ACQUISITIONS INC

  EIN 92-1333943

Mission and programs · 2023

• ACTS LENDING, INC., PROVIDES PURCHASE-REHAB MORTGAGE LOANS TO FAMILIES THAT ARE PURCHASING DISTRESSED FORECLOSURES IN MILWAUKEE AND BELOIT, WISCONSIN. LOANS ARE OUTSTANDING TO 143 INDIVIDUALS/FAMILIES AND THE PORTFOLIO HAS 90+ DAY DELINQUENCIES OF LESS THAN 6% OF THE PORTFOLIO AS OF DECEMBER 31, 2023. TOTAL WRITE-OFFS OVER THE PAST 10 YEARS HAVE TOTALED LESS THAN $15,000.

  Expenses $402,314 · Revenue $338,587

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $1,531,192

  Expenses

  $505,922

  Contributions

  $1,192,569

  Grants paid

  $0

• 2022

  Revenue

  $584,182

  Expenses

  $325,405

  Contributions

  $351,612

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $702,006

  Expenses

  $257,803

  Assets (EOY)

  $4,550,532

• 2020 · 990

  Revenue

  $1,587,529

  Expenses

  $218,478

  Assets (EOY)

  $2,948,037

• 2019 · 990

  Revenue

  $488,418

  Expenses

  $175,431

  Assets (EOY)

  $1,738,244

• 2018 · 990

  Revenue

  $371,412

  Expenses

  $111,856

  Assets (EOY)

  $1,198,480

• 2017 · 990

  Revenue

  $454,933

  Expenses

  $88,874

  Assets (EOY)

  $1,065,107

• 2016 · 990

  Revenue

  $76,611

  Expenses

  $56,473

  Assets (EOY)

  $709,263

• 2015 · 990

  Revenue

  $137,728

  Expenses

  $52,591

  Assets (EOY)

  $560,267

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• ACTS COMMUNITY DEVELOPMENT CORPORATION

  $101,423

  2022 · HOUSING LENDING

• ACTS COMMUNITY DEVELOPMENT CORPORATION

  $25,244

  2023 · HOUSING LENDING

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files