Ace Developement of Nela

Private foundation · Grantmaker Monroe, LA EIN: 83-0944407

Ace Developement of Nela is a private foundation focused on Community Improvement & Capacity Building, based in Monroe, LA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $16K in total assets.

Key facts about Ace Developement of Nela

EIN
83-0944407
Latest 990 filing
Form 990-PF, 2025
Total assets
$15,638

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$16K

-14.9% YoY

Revenue

$7K

-88.9% YoY

Expenses

$9K

-87.9% YoY

Under IRS private-foundation payout rules, Ace Developement of Nela reported a distributable amount of $376 for 2025 — the minimum it must pay out in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$25K$50K$75K$100K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$15,638$18,377$30,265
Revenue$6,945$62,509$56,440
Expenses$8,984$74,397$33,382
Distributable Amount$376——

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 30, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Ace Developement of Nela is led by Myra Gatling-Akers, President since 2025 (on filings since 2022) — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Myra Gatling-Akers

    President

    Secretary → Treasurer, 2023

    Treasurer → President, 2025

    On filings since 2022

    No compensation reported

Former officers (12)
  • Former: Amanda Barr (2020–2024) — Director
  • Former: Bobbette Janssen (2023–2024) — Vice President
  • Former: Celeste Heisler (2023–2024) — President
  • Former: Gwen Amelin (2023–2024) — Director
  • Former: Johnna Utzman (2023–2024) — Secretary
  • Former: Chris Spires (2019–2022) — Vice President
  • Former: Sarah Lee (2019–2022) — President
  • Former: Linette Johnston (2022) — Treasurer
  • Former: Naomi Bowen (2022) — Director
  • Former: Terri Kent (2019–2021) — Secretary
  • Former: Linette Kovac (2021) — Treasurer
  • Former: Tammi Arender (2019–2020) — Secretary

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ace Developement of Nela

How large is Ace Developement of Nela?

Ace Developement of Nela reported $16K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $7K.

What is Ace Developement of Nela?

Ace Developement of Nela is a private foundation focused on Community Improvement & Capacity Building, based in Monroe, LA. It holds $16K in total assets as of 2025.

How much is Ace Developement of Nela required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Ace Developement of Nela reported a distributable amount of $376 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ace Developement of Nela's EIN?

Ace Developement of Nela's EIN (Employer Identification Number) is 83-0944407. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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