Nonprofit · EIN 22-2527669
ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · LOWELL, MA 01854
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $342,547 | $293,610 | $48,937 | $2,097,629 | $294,114 | $1,803,515 |
| December 31, 2023 | 990 | $313,310 | $346,224 | -$32,914 | $2,065,477 | $310,899 | $1,754,578 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $311,959
- Investment income
- $228
- Other revenue
- $30,360
Expenses
- Grants and similar amounts paid
- $30,000
- Other salaries and wages
- $45,768
- Salaries, compensation and benefits (total)
- $55,407
- Professional fundraising fees
- $0
- Legal fees
- $365
- Depreciation
- $21,765
- Program services (functional)
- $276,107
- Management and general (functional)
- $17,503
Balance sheet and other
- Total assets, start of year
- $2,065,477
- Total assets, end of year
- $2,097,629
- Total liabilities, end of year
- $294,114
- Net assets, end of year
- $1,803,515
- Land, buildings and equipment
- $337,222
- Net assets without donor restrictions
- $1,803,515
- Gross receipts
- $342,547
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1983
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHELE WITTS | CHIEF FINANCIAL OFFICER Trustee or director | 0 | $0 | $116,464 | $22,092 |
| CLARE GUNTHER | DIRECTOR Trustee or director | 0 | $0 | $123,154 | $4,585 |
| YUN JU CHOI | EXECUTIVE DIRECTOR Trustee or director | 0 | $0 | $107,354 | $8,915 |
| DAN RIVERA | CEO Officer | 40 | $0 | $90,064 | $4,336 |
| MARIA GUTIERREZ-YAPUR | DIRECTOR OF PROGRAMS Trustee or director | 0 | $0 | $87,534 | $4,319 |
| JESS WILSON | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| SIXTO DEJESUS | CHAIR Trustee or director | 0 | $0 | $0 | $0 |
| RICHARD CHAVEZ | TREASURER Trustee or director | 0 | $0 | $0 | $0 |
| PAUL GAUDET | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| PATTY COFFEY | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| CARLOS GONZALEZ | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| MASADA JONES | CLERK Trustee or director | 0 | $0 | $0 | $0 |
| MUSU GAYE | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| PETER MARTIN | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| ERIC PONN | EXECUTIVE COMMITTEE Trustee or director | 0 | $0 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS EMERY | DIRECTOR OF REAL ESTATE Trustee or director | 0 | $0 |
| CARMEN BERMUDEZ | DIRECTOR Trustee or director | 0 | $0 |
| DEBORAH MOTEW | VICE CHAIR Trustee or director | 0 | $0 |
| LAURA TAVARES | DIRECTOR Trustee or director | 0 | $0 |
| MARY WAMBUI | DIRECTOR Trustee or director | 0 | $0 |
| CLAIRE RICKER | DIRECTOR OF REAL ESTATE Trustee or director | 0 | $0 |
| AMADA GREGORY | DIRECTOR Trustee or director | 0 | $0 |
| SIDNEY LIANG | DIRECTOR Trustee or director | 0 | $0 |
| ZELMA LYONS-KHADAR | VICE CHAIR Trustee or director | 0 | $0 |
| THAO LAN | 5TH EXECUTIVE, CLERK Trustee or director | 0 | $0 |
| LESLIE BRIONES | DIRECTOR Trustee or director | 0 | $0 |
| BRANDY DAILEY | DIRECTOR Trustee or director | 0 | $0 |
| GEORGE RAMIREZ | DIRECTOR Trustee or director | 0 | $0 |
| SHAMIR ROVERA-QUINTAL | DIRECTOR OF OPERATIONS Trustee or director | 0 | $0 |
| ELKIN MONTOYA | DIRECTOR Trustee or director | 0 | $0 |
| RYAN FARIA | CFO Officer | 40 | $0 |
990 for the year ended December 31, 2023: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| YUN JU CHOI | EXECUTIVE DIRECTOR Officer | 40 | $0 | $145,456 | $15,840 |
| MICHELE WITTS | CHIEF FINANCIAL OFFICER Officer | 40 | $0 | $112,658 | $21,465 |
| THOMAS EMERY | DIRECTOR OF REAL ESTATE Trustee or director | 1 | $0 | $100,006 | $20,534 |
| SHAMIR ROVERA-QUINTAL | DIRECTOR OF OPERATIONS Trustee or director | 1 | $0 | $74,900 | $25,685 |
| MARIA GUTIERREZ-YAPUR | DIRECTOR OF PROGRAMS Trustee or director | 1 | $0 | $76,733 | $3,837 |
| JESS WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SIXTO DEJESUS | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD CHAVEZ | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| PAUL GAUDET | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PATTY COFFEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARLOS GONZALEZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MASADA JONES | CLERK Trustee or director | 1 | $0 | $0 | $0 |
| MUSU GAYE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PETER MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIC PONN | EXECUTIVE COMMITTEE Trustee or director | 1 | $0 | $0 | $0 |
| CARMEN BERMUDEZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEBORAH MOTEW | VICE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| LAURA TAVARES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARY WAMBUI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CLAIRE RICKER | DIRECTOR OF REAL ESTATE Trustee or director | 1 | $0 | $0 | $0 |
| AMADA GREGORY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SIDNEY LIANG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ZELMA LYONS-KHADAR | VICE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| THAO LAN | 5TH EXECUTIVE, CLERK Trustee or director | 1 | $0 | $0 | $0 |
| LESLIE BRIONES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRANDY DAILEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE RAMIREZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 517 MOODY STREET, LOWELL, MA 01854-4071
- Principal officer (990 for 2024)
- RICHARD CHAVEZ, 517 MOODY STREET, LOWELL, MA 01854
- Signed the 990
- P DEBORAH MOTEW, VP
- Phone
- (978) 452-7523
- Return prepared by
- NOVOGRADAC & COMPANY LLP
Mission
MANAGE AFFORDABLE HOUSING
Program accomplishments
- PROPERTY MANAGEMENT - MANAGES PROPERTIES DEVELOPED TO HOUSE LOW AND MODERATE INCOME RESIDENTS AS WELL AS MANAGEMENT OF COMMERCIAL BUILDING USED MAINLY FOR MINORITY BUSINESSES.Expenses $276,107 · grants $30,000 · revenue $326,047
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
- 22-2527669
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L200)
- Assets (IRS master file)
- $2,097,629
- Income (IRS master file)
- $342,547
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $342,547 | $293,610 | $2,097,629 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $313,310 | $346,224 | $2,065,477 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $304,548 | $289,807 | $2,094,323 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 22-2527669).
Questions about ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION is 22-2527669.
- Is ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACRE TRIANGLE 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 ACRE TRIANGLE 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 ACRE TRIANGLE 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 ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names RICHARD CHAVEZ.
- Who are the officers and directors of ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 31 people; 0 received compensation from the organization.
- How much revenue does ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $342,547, expenses of $293,610 and total assets of $2,097,629 at year end.
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