TOWER GROVE COMMUNITY DEVELOPMENT CORPORATION Charity Report

Public IRS 990 nonprofit record

TOWER GROVE COMMUNITY DEVELOPMENT CORPORATION

EIN 43-1220525 · Homeowners & Tenants Associations (L50)

What they do

Housing Development - Attract, Facilitate and Coordinate Housing Rehabilitation Within The St. Louis Metropolitan Region (15 Counties), With A Focus In St. Louis City and Historically SW Garden, Shaw and Tower Grove South. Technical Assistance - Provide Counseling and Information of Home Ownership, Financing, Contractors, Government Programs, Etc. and Other Services Related to Housing. Neighborhood Marketing and Rent Referral - Maintain A List of Properties for Sale and Rent In The Area; Marketing Neighborhood Through Brochures, Advertising Special Events, Workshops, Etc. Tower Grove Neighborhoods CDC Promotes and Improves Quality of Life By Attracting Public and Private Investment and Providing Real Estate and Other Community Services.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

148.73%of revenue went to mission work86.3% of expenses · Program services

$172.33spent for every $100 of revenueSpending was higher than revenue this year.

23.60%of revenue went to management and office costs13.7% of expenses

$1.95in assets for every $1 spent this yearSome assets cannot be spent right away.

21.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,241,041 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $95,713 for SEAN SPENCER (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,715,812

Mission workProgram services$2,551,962148.73% of revenue86.3% of expenses

ManagementOffice and general costs$404,89123.60% of revenue13.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$2,956,853172.33% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202486.3% mission

202390.9% mission

202290.7% mission

202190.2% mission

202086.5% mission

201987.8% mission

201898.1% mission

201795.4% mission

Money in and money out

Revenue$1,715,812

Expenses$2,956,853

Annual shortfall $1,241,041 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,551,962 · 86.3% of expenses

Management and office costs$404,891 · 13.7% of expenses

See all reported dollar amounts

Revenue$1,715,812

Expenses$2,956,853

Assets$5,765,020

Income$1,715,812

Contributions$361,191

Mission work (program services)$2,551,962

Management and general$404,891

Stocks and bonds$4,434

Accounting fees$26,286

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SEAN SPENCEREXECUTIVE DIRECTOR · 40 hrs/week $95,713

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

SEAN SPENCEREXECUTIVE DIRECTOR

BLAKE HAMILTONDIRECTOR

COLLEEN HAFNERDIRECTOR

DENISE EVANSTREASURER

HANNAH LEVINSECRETARY

JASON KEMPFPRESIDENT

JEFFREY MCGEEVICE PRESIDENT

JILLIAN GUENTHERDIRECTOR

JIM ZIRNGIBLDIRECTOR

JUSTIN TAYLORDIRECTOR

VIHAR SHETHDIRECTOR

About this charity

Recognized since: January 1981
Location: 2337 S Kingshighway Blvd, Saint Louis, MO 63110
County: St. Louis (city)
In care of: Jason Kempf
Primary officer: Jason Kempf, President

How to reach them

WebsiteVisit the charity’s website Emailngallimohler@earthlink.net Phone(314) 865-5530

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: OMIGA INC
NTEE classification: Homeowners & Tenants Associations (L50)
IRS tax category: Homeowners & Tenants Associations