Guthrie Center Area Development Corporation
Public records raise at least one point you should look into before giving.
What it says it does
ECONOMIC DEVELOPMENT
- Income
- $72,508
- Spending
- $35,082
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $34,535 spent. DONATED TO MIDWEST PARTNERSHIP (A 501(C)(3) CORPORATION) TO HELP THEM WITH THE EXPENSES. THEY PROVIDE ECONOMIC DEVELOPMENT SERVICES TO OUR COMMUNITY.THE CORPORATION OWNED TWO COMMERCIAL BUILDINGS. ONE HOUSED SCHAFER ROOFING. THEY PROVIDE ROOFING SERVICES FOR COMMERCIAL AND RESIDENTIAL NEEDS. THIS BUILDING WAS SOLD ON JULY 15, 2024 TO A PUBLISHING COMPANY. THE SECOND BUILDING HAS AN ART GIFT SHOP WITH CONSIGNMENTS FROM AREA ARTISTS DISPLAYING AND SELLING THEIR WORK. THEY ALSO HAVE A SMALL COFFEE AND DESSERT SHOP. THE CORPORATION HAS A REVOLVING LOAN FUND THAT IS LOANED OUT TO THE BUSINESSES REQUESTING A LOAN. THE LOAN CANNOT EXCEED 50% OF THE PROJECT OR $5,000. THESE LOANS ARE NO INTEREST LOANS THAT MUST BE PAID BACK WITHIN THREE YEARS. THERE WERE 15 OUTSTANDING LOANS WITH BUSINESSES IN THE GUTHRIE CENTER COMMUNITY AT 12-31-24.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(4) social welfare organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1986.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.