Nonprofit · EIN 22-2226062
UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · ROSELAND, NJ 07068
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,627,677 | $3,744,500 | $1,883,177 | $15,564,438 | $7,010,031 | $8,554,407 |
| December 31, 2023 | 990 | $3,674,475 | $3,591,094 | $83,381 | $14,068,077 | $7,396,847 | $6,671,230 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,507,758
- Investment income
- $115,539
- Other revenue
- $4,380
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $789,287
- Professional fundraising fees
- $0
- Legal fees
- $43,267
- Accounting fees
- $18,925
- Occupancy
- $1,665,351
- Depreciation
- $415,622
- Program services (functional)
- $3,465,979
- Management and general (functional)
- $278,521
Balance sheet and other
- Total assets, start of year
- $14,068,077
- Total assets, end of year
- $15,564,438
- Total liabilities, end of year
- $7,010,031
- Net assets, end of year
- $8,554,407
- Land, buildings and equipment
- $8,306,704
- Net assets without donor restrictions
- $8,554,407
- Gross receipts
- $5,627,677
- Employees
- 13
- Volunteers
- 0
- Year formed
- 1978
- State of legal domicile
- NJ
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES MASTERSON | PRESIDENT Trustee or director, Officer | 10 | $0 |
| BARBARA NIBAGHAN | SECRETARY Trustee or director, Officer | 5 | $0 |
| GREG MULLER | V-PRESIDENT 1ST Trustee or director, Officer | 5 | $0 |
| JEANNETTE CANTALUPO | TREASURER Trustee or director, Officer | 5 | $0 |
| JACK KAMATZ | V-PRESIDENT 2ND Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES MASTERSON | PRESIDENT Trustee or director, Officer | 10 | $0 |
| BARBARA NIBAGHAN | SECRETARY Trustee or director, Officer | 5 | $0 |
| GREG MULLER | V-PRESIDENT 1ST Trustee or director, Officer | 5 | $0 |
| JEANNETTE CANTALUPO | TREASURER Trustee or director, Officer | 5 | $0 |
| JACK KAMATZ | V-PRESIDENT 2ND Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 101 EISENHOWER PKWY, ROSELAND, NJ 07068-1032
- In care of
- % KRIEGMAN & SMITH
- Principal officer (990 for 2024)
- JAMES MASTERSON, 100 FRANCES CT, UNION, NJ 07083
- Signed the 990
- JAMES MASTERSON, PRESIDENT
- Phone
- (908) 688-0565
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
PROVIDE RENTAL HOUSING AND HOUSING RELATED FACILITIES TO ELDERLY PERSONS AT AFFORDABLE RATES.
Program accomplishments
- THE ORGANIZATION QUALIFIES UNDER HUD SECTION 8 TO RECEIVE SUBSIDIZED RENTAL PAYMENTS TO PROVIDE SAFE AND AFFORDABLE HOUSING TO SENIOR CITIZENS WHO MEET CERTAIN INCOME REQUIREMENTS. THE ENTITY PROVIES 30 EFFICIENCY APARTMENTS, 198 ONE-BEDROOM APARTMENTS AND 5 TWO-BEDROOM APARTMENTS.Expenses $3,465,979 · revenue $5,507,758
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2226062
- 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
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22I)
- Assets (IRS master file)
- $15,564,438
- Income (IRS master file)
- $5,627,677
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,627,677 | $3,744,500 | $15,564,438 | XML |
| 990 | December 2023 | $3,674,475 | $3,591,094 | $14,068,077 | XML |
| 990 | December 2022 | $3,527,300 | $2,933,903 | $14,442,460 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 22-2226062).
Questions about UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION is 22-2226062.
- Is UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION 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 UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names JAMES MASTERSON.
- Who are the officers and directors of UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does UNION TOWNSHIP ADULT COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,627,677, expenses of $3,744,500 and total assets of $15,564,438 at year end.
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