Nonprofit · EIN 04-3438639
ISLAND AFFORDABLE HOUSING FUND INC
Tax-exempt (reinstated) · VINEYARD HVN, MA 02568
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $500,000 | $283,162 | $216,838 | $790,735 | $0 | $790,735 |
| December 31, 2024 | 990 | $492,974 | $100,122 | $392,852 | $573,897 | $0 | $573,897 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $500,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $277,500
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,167
- Accounting fees
- $3,200
- Program services (functional)
- $279,667
- Management and general (functional)
- $3,495
Balance sheet and other
- Total assets, start of year
- $573,897
- Total assets, end of year
- $790,735
- Total liabilities, end of year
- $0
- Net assets, end of year
- $790,735
- Net assets without donor restrictions
- $171,313
- Net assets with donor restrictions
- $619,422
- Gross receipts
- $500,000
- Employees
- 0
- Year formed
- 1998
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kimberly Angell | President Officer | 2 | $0 |
| John R Abrams | Secretary Officer | 2 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kimberly Angell | President Officer | 0 | $0 |
| John R Abrams | Secretary Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 54 HOPPS FARM RD, VINEYARD HVN, MA 02568-7520
- In care of
- % KIMBERLY ANGELL
- Principal officer (990 for 2025)
- Kimberly Angell, 54 Hopps Farm Road, Vineyard Haven, MA 02568
- Signed the 990
- Kimberly Angell, President
- Phone
- (508) 320-1160
- Return prepared by
- Kimberly G Angell
Mission
To promote affordable housing on the island of Martha's Vineyard and other charitable and educational purposes in such a manner that the Corporation will qualify as an exempt organization under Section 501c3 of the Internal Revenue Code of 1986, as amended from time to time
Program accomplishments
- Purchased Deed Restrictions on residential property for the purpose of keeping property restricted to year round occupancyExpenses $279,667 · revenue $500,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 04-3438639
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L12)
- Assets (IRS master file)
- $790,735
- Income (IRS master file)
- $500,000
Revocation and reinstatement
- Exemption revoked
- September 15, 2014
- Posted by the IRS
- December 8, 2014
- Reinstated
- Effective November 15, 2023
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $500,000 | $283,162 | $790,735 | XML |
| 990 | December 2024 | $492,974 | $100,122 | $573,897 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3438639).
Questions about ISLAND AFFORDABLE HOUSING FUND INC
- What is the EIN of ISLAND AFFORDABLE HOUSING FUND INC?
- The employer identification number (EIN) of ISLAND AFFORDABLE HOUSING FUND INC is 04-3438639.
- Is ISLAND AFFORDABLE HOUSING FUND INC tax-exempt?
- Yes. The IRS revoked its exemption on September 15, 2014 and reinstated it effective November 15, 2023.
- Are donations to ISLAND AFFORDABLE HOUSING FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ISLAND AFFORDABLE HOUSING FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ISLAND AFFORDABLE HOUSING FUND INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ISLAND AFFORDABLE HOUSING FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ISLAND AFFORDABLE HOUSING FUND INC?
- The 990 for the year ended December 31, 2025 names Kimberly Angell.
- Who are the officers and directors of ISLAND AFFORDABLE HOUSING FUND INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does ISLAND AFFORDABLE HOUSING FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $500,000, expenses of $283,162 and total assets of $790,735 at year end.
Other nonprofits in VINEYARD HVN
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- MARTHAS VINEYARD HOUSING DEVELOPMENT I CORPORATION EIN 04-3384227 · last filed 990-N for 2025
- VINEYARD VILLAGE INC EIN 43-2114531 · last filed 990-N for 2024
- MISTY MEADOWS EQUINE LEARNING CENTER EIN 81-0774854 · last filed 990 for 2025
- ISLAND GROWN INITIATIVE LTD EIN 20-5773892 · last filed 990 for 2025
- WEST CHOP CLUB INC EIN 04-2377299 · last filed 990 for 2024
- MARTHAS VINEYARD MUSEUM INC EIN 04-2160642 · last filed 990 for 2024
- SIBBRI FOUNDATION EIN 25-6901390 · last filed 990-PF for 2024
All nonprofits in VINEYARD HVN · Massachusetts · Housing and shelter