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Governance Register
US nonprofit · EIN 842668950 · Springfield, OHiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 842668950) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2024: assets, liabilities, staff, website, telephone, pay.Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Principal officer IRS Form 990-N (e-Postcard) - principal officer named for tax year 2020.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

1159 South Community Development Corporation's network

6 people1 organisationi6 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (6). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

6 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 6 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Bobby MimsBoard Member2021
5 yrs
Kevena WilliamsBoard Member2022
4 yrs
Lawrence Beavers Jr (also filed as Lawrence Beavers)Board Member2021
5 yrs
Lori SearcyPresident2021
5 yrs
Neal BrowningVice President2021
5 yrs
Nicole ScottBoard Member2023
3 yrs
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Lawrence Beavers JrHousing Director Community Navigatorsince 2022

Pay and hours

year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Lori SearcyPresident2$0
Neal BrowningVice President1$0
Kevena WilliamsBoard Member1$0
Bobby MimsBoard Member0$0
Nicole ScottBoard Member1$0
Lawrence BeaversBoard Member1$0

No pay was reported for anyone in Part VII on this return.

About

Legal name
1159 South Community Development Corporation
EIN
842668950
Address
100 S Limestone Street Suite 424, Springfield, OH, 45502-1224
State
Ohio
Mission
1159 Souths mission is to significantly improve the economic conditions of low-income people housing appearance of distressed places and sense of community in the historically African American community of southwest Springfield OH through targeted investments in people and places. (as filed on the Form 990)
Activity (NTEE)
S20 Community improvement and capacity building
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Community Improvement & Capacity Building
Size band
3 (IRS master file code)
Formed
2019
Principal officer
Lori Searcy (as named on the Form 990)
IRS ruling date
1 August 2019
Status
Code 01 (unconditional exemption)
Form 990 filings on record
4, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥5years on the filingsBobby Mims
≥5years on the filingsLawrence Beavers Jr
≥5years on the filingsLori Searcy
≥5years on the filingsNeal Browning

Latest return

year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.
Total assets
$37k
Total liabilities
$269
Net assets or fund balances
$37k
Contributions and grants received
$21k
Program service revenue
$180k
Grants and similar paid out
$2k
Employees
1
Volunteers
8

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$201k$260kDeficit $60k

As filed on the IRS Form 990. US dollars.