Nonprofit · EIN 16-1594409
LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC
Tax-exempt (reinstated) · SYRACUSE, NY 13203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $291,519 | $391,464 | -$99,945 | $2,597,743 | $46,646 | $2,551,097 |
| March 31, 2024 | 990 | $270,804 | $389,407 | -$118,603 | $2,726,340 | $75,298 | $2,651,042 |
| March 31, 2023 | 990 | $242,381 | $371,523 | -$129,142 | $2,810,750 | $41,105 | $2,769,645 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $288,168
- Investment income
- $5
- Other revenue
- $3,346
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $38,679
- Salaries, compensation and benefits (total)
- $51,202
- Professional fundraising fees
- $0
- Accounting fees
- $12,057
- Occupancy
- $135,737
- Depreciation
- $113,269
- Program services (functional)
- $330,820
- Management and general (functional)
- $60,644
Balance sheet and other
- Total assets, start of year
- $2,726,340
- Total assets, end of year
- $2,597,743
- Total liabilities, end of year
- $46,646
- Net assets, end of year
- $2,551,097
- Land, buildings and equipment
- $2,499,228
- Net assets without donor restrictions
- -$1,234,090
- Net assets with donor restrictions
- $3,785,187
- Gross receipts
- $291,519
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2006
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KIMBERLY TOWNSEND | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $609,681 | $27,907 |
| JOHN MURRAY | BOARD MEMBER Trustee or director | 1 | $0 | $299,513 | $4,333 |
| SISTER LINDA ANN PALMISANO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SISTER JANE BOURNE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOHN BRENNAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended March 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KIMBERLY TOWNSEND | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $775,079 | $27,379 |
| JOHN MURRAY | BOARD MEMBER Trustee or director | 1 | $0 | $305,506 | $4,238 |
| SISTER LINDA ANN PALMISANO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SISTER JANE BOURNE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOHN BRENNAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended March 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KIMBERLY TOWNSEND | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $806,740 | $58,527 |
| JOHN MURRAY | BOARD MEMBER Trustee or director | 1 | $0 | $312,171 | $15,447 |
| SISTER LINDA ANN PALMISANO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SISTER JANE BOURNE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOHN BRENNAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 990 JAMES STREET, SYRACUSE, NY 13203-2879
- In care of
- % CHRISTOPHER COMMUNITY INC
- Principal officer (990 for 2024)
- KIMBERLY TOWNSEND, 990 JAMES STREET, SYRACUSE, NY 13203
- Signed the 990
- KIMBERLY TOWNSEND, CHAIRPERSON
- Phone
- (315) 424-1821
- Return prepared by
- BONADIO & CO LLP
Mission
THE CORPORATION WAS ORGANIZED SOLELY AND SPECIFICALLY TO DEVELOP, OWN, AND OPERATE A LOW INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.
Program accomplishments
- OPERATION OF A 39-UNIT IS SUBJECT TO A REGULATORY AGREEMENT FOR NONPROFIT AND PUBLIC MORTGAGES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.Expenses $330,820 · revenue $291,514
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 16-1594409
- 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
- 2014
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $2,597,743
- Income (IRS master file)
- $291,519
Revocation and reinstatement
- Exemption revoked
- August 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective August 15, 2010
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 | March 2025 | $291,519 | $391,464 | $2,597,743 | XML |
| 990 | March 2024 | $270,804 | $389,407 | $2,726,340 | XML |
| 990 | March 2023 | $242,381 | $371,523 | $2,810,750 | XML |
| 990 | March 2022 | $238,400 | $350,169 | $2,928,970 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 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 16-1594409).
Questions about LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC
- What is the EIN of LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC?
- The employer identification number (EIN) of LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC is 16-1594409.
- Is LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
- Yes. The IRS revoked its exemption on August 15, 2010 and reinstated it effective August 15, 2010.
- Are donations to LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY 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 LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY 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 LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended March 31, 2025 names KIMBERLY TOWNSEND.
- Who are the officers and directors of LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended March 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $291,519, expenses of $391,464 and total assets of $2,597,743 at year end.
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