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1848 Properties Inc

  • Lexington, KY
  • Tax-exempt since Jan. 2018
  • EIN: 82-2795986

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Category: Recreation, Sports, Leisure, Athletics / Management & Technical Assistance (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$16.9k (2024)

Expenses
$18k (2024)

Total Assets
$277k (2024)

Total Liabilities
$30 (2024)

Source: Form 990 tax filings from 2018 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,897
Expenses
$18,004
Net Income
-$1,107
Net Assets
$277,089
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $8,037
47.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,860
52.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $277,119
Total Liabilities $30
Net Assets $277,089
Compensation
Key Employees and Officers Compensation Related Other
James B Hickey (President) $0 $0 $0
D Mark Smith (Treasurer) $0 $0 $0
Kurt M Niebuhr (Secretary) $0 $0 $0
Alexander S Wylie (Director) $0 $0 $0
Thomas M Waldon (Director) $0 $0 $0
Rob Caudill (Executive Director) $0 $243,003 $0
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Document Links

990
Filed on Nov. 8, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$6,592
Expenses
$117,157
Net Income
-$123,749
Net Assets
$273,776
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $6,573
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$13,165
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $273,806
Total Liabilities $30
Net Assets $273,776
Compensation
Key Employees and Officers Compensation Related Other
James B Hickey (President) $0 $0 $0
D Mark Smith (Treasurer) $0 $0 $0
Kurt M Niebuhr (Secretary) $0 $0 $0
Alexander S Wylie (Director) $0 $0 $0
Thomas M Waldon (Director) $0 $0 $0
Rob Caudill (Executive Director) $0 $249,662 $0
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990
Filed on Jan. 25, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$150,052
Expenses
$7,928
Net Income
$142,124
Net Assets
$388,131
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $5,500
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $111,642
74.4%
Net Inventory Sales $0
Other Revenue $32,910
21.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $388,161
Total Liabilities $30
Net Assets $388,131
Compensation
Key Employees and Officers Compensation Related Other
James B Hickey (President 8/1 6/30) $0 $0 $0
D Mark Smith (Treasurer 8/1 6/30) $0 $0 $0
Kurt M Niebuhr (Secretary 8/1 6/30) $0 $0 $0
Alexander S Wylie (Director 8/1 6/30) $0 $0 $0
Thomas M Waldon (Director 8/1 6/30) $0 $0 $0
Rob Caudill (Executive Director) $0 $186,320 $0
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990
Filed on Dec. 19, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,442
Expenses
$894
Net Income
$7,548
Net Assets
$380,511
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $6,378
75.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,064
24.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $380,526
Total Liabilities $15
Net Assets $380,511
Compensation
Key Employees and Officers Compensation Related Other
James B Hickey (President 8/1 6/30) $0 $0 $0
D Mark Smith (Treasurer 8/1 6/30) $0 $0 $0
Kurt M Niebuhr (Secretary 8/1 6/30) $0 $0 $0
Alexander S Wylie (Director 8/1 6/30) $0 $0 $0
Thomas M Waldon (Director 8/1 6/30) $0 $0 $0
Steven J Bocher (Former President) $0 $0 $0
Peter G Welsh (Former Treasurer) $0 $0 $0
James S Lee (Former Secretary) $0 $0 $0
Dana Heese (Director 7/1 7/31) $0 $0 $0
Bill Hunnicutt (Director 7/1 7/31) $0 $0 $0
John Ziza (Director 7/1 7/31) $0 $0 $0
Rob Caudill (Executive Director) $0 $0 $0
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990
Filed on Nov. 11, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$48,518
Expenses
$1,997,906
Net Income
-$1,949,388
Net Assets
$329,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $48,370
99.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $148
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $329,326
Total Liabilities $0
Net Assets $329,326
Compensation
Key Employees and Officers Compensation Related Other
John Ziza (Director) $0 $0 $0
Steven J Bocher (President) $0 $0 $0
James S Lee (Secretary) $0 $0 $0
Peter G Welsh (Treasurer) $0 $0 $0
Bill Hunnicutt (Director) $0 $0 $0
Rob Caudill (Executive Director) $0 $124,615 $0
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990
Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$51,996
Expenses
$18,844
Net Income
$33,152
Net Assets
$2,328,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15
0.0%
Investment Income $38,934
74.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $13,047
25.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,328,731
Total Liabilities $0
Net Assets $2,328,731
Compensation
Key Employees and Officers Compensation Related Other
Josh Holly (Director) $0 $0 $0
Steven J Bocher (President) $0 $0 $0
James S Lee (Secretary) $0 $0 $0
Peter G Welsh (Treasurer) $0 $0 $0
Ronald A Sages (Director) $0 $0 $0
William Martin (Executive Director) $0 $0 $0
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Document Links

990
Filed on Oct. 29, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,829
Expenses
$27
Net Income
$18,802
Net Assets
$2,280,123
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,018
26.7%
Investment Income $13,811
73.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,280,123
Total Liabilities $0
Net Assets $2,280,123
Compensation
Key Employees and Officers Compensation Related Other
Josh Holly (Director) $0 $0 $0
Steven J Bocher (President) $0 $0 $0
James S Lee (Secretary) $0 $0 $0
Peter G Welsh (Treasurer) $0 $0 $0
Ronald A Sages (Director) $0 $0 $0
William Martin (Executive Director) $0 $0 $0
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Document Links

990
Filed on Jan. 17, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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