The nonprofit corporation that owns a Hill District senior apartment tower that has been without air conditioning for a week and a half is months away from losing its tax-exempt status with the IRS, agency records show.
Ebenezer Development Corporation [EDC], which is connected to the Ebenezer Baptist Church just up the road, has not filed financial documents, known as Form 990s, since 2023, according to the agency’s website. The forms show the amount of money coming into the organization’s bank account, where the money is coming from and where the money is being spent.
The IRS automatically revokes a nonprofit’s tax-exempt status if it fails to file a 990 for three years in a row…