Skip to main content

Nonprofit · EIN 16-1006160

SPRINGBROOK APARTMENTS INC

Tax-exempt · LIVERPOOL, NY 13088

Financials

$748K$812K2023
Revenue Expenses · by fiscal year end
Financials of SPRINGBROOK APARTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2024990$747,505$812,309-$64,804$2,538,021$91,714$2,446,307
Financial details: 990 for the year ended March 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$729,596
Investment income
$17,909
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$41,336
Salaries, compensation and benefits (total)
$79,644
Professional fundraising fees
$0
Accounting fees
$10,420
Depreciation
$116,143
Program services (functional)
$595,014
Management and general (functional)
$217,295

Balance sheet and other

Total assets, start of year
$2,577,325
Total assets, end of year
$2,538,021
Total liabilities, end of year
$91,714
Net assets, end of year
$2,446,307
Land, buildings and equipment
$1,650,919
Net assets without donor restrictions
$2,446,307
Gross receipts
$747,505
Employees
3
Volunteers
0
Year formed
1970
State of legal domicile
NY

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 March 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CARL FALKDIRECTOR
Trustee or director
0.5$0
JACK JENNINGSDIRECTOR
Trustee or director
0.5$0
MARTIN SWITZER1ST VICE PRESIDENT
Trustee or director, Officer
0.5$0
NANCY LICHTENSTEINCORP SECRETARY
Trustee or director, Officer
0.5$0
PAUL WILSONDIRECTOR
Trustee or director
0.5$0
ELAINE DELANEY2ND VICE PRESIDENT
Trustee or director, Officer
0.5$0
NANCY SMITHDIRECTOR
Trustee or director
0.5$0
MARK PALMERPRESIDENT
Trustee or director, Officer
0.5$0
FRANK GIACHETTIDIRECTOR
Trustee or director
0.5$0
JAN TIGHEDIRECTOR
Trustee or director
0.5$0
DONNA SWITZERTREASURER
Trustee or director, Officer
0.5$0
KATHY ALLENRECORDING SECRETARY
Trustee or director, Officer
0.5$0

Address and contacts

Address (IRS master file)
209 SECOND STREET, LIVERPOOL, NY 13088-5146
Principal officer (990 for 2023)
MARK PALMER, 209 SECOND STREET, LIVERPOOL, NY 13088
Signed the 990
MARK PALMER, PRESIDENT
Phone
(315) 451-9039
Return prepared by
D'ARCANGELO & CO LLP

Mission

HOUSING PROJECT FOR THE ELDERLY.

990 for the year ended March 31, 2024

Program accomplishments

  • OWNING AND OPERATING A HOUSING PROJECT FOR THE ELDERLY.
    Expenses $595,014 · revenue $729,596

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025Not on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
16-1006160
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1978
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,538,021
Income (IRS master file)
$747,505

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2024$747,505$812,309$2,538,021XML
990March 2023$705,113$798,886$2,577,325IRS
990March 2022–––IRS
990March 2021–––IRS
990March 2019–––IRS

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 16-1006160).

Questions about SPRINGBROOK APARTMENTS INC

What is the EIN of SPRINGBROOK APARTMENTS INC?
The employer identification number (EIN) of SPRINGBROOK APARTMENTS INC is 16-1006160.
Is SPRINGBROOK APARTMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to SPRINGBROOK APARTMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SPRINGBROOK APARTMENTS 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 SPRINGBROOK APARTMENTS INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SPRINGBROOK APARTMENTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2024.
Who is the principal officer of SPRINGBROOK APARTMENTS INC?
The 990 for the year ended March 31, 2024 names MARK PALMER.
Who are the officers and directors of SPRINGBROOK APARTMENTS INC?
The 990 for the year ended March 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does SPRINGBROOK APARTMENTS INC have?
On its 990 for the year ended March 31, 2024 it reported revenue of $747,505, expenses of $812,309 and total assets of $2,538,021 at year end.

Other nonprofits in LIVERPOOL

All nonprofits in LIVERPOOL · New York · Housing and shelter