Skip to main content

Nonprofit · EIN 22-2785521

COOPERATIVE HOUSING CORPORATION

Tax-exempt · SOMERVILLE, NJ 08876

Financials

$659K$705K2023$741K$743K2024
Revenue Expenses · by fiscal year end
Financials of COOPERATIVE HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$741,014$743,265-$2,251$2,173,900$1,957,932$215,968
December 31, 2023990$659,218$704,756-$45,538$2,166,583$1,947,246$219,337
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$82,907
Program service revenue
$657,957
Investment income
$150
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$328,909
Salaries, compensation and benefits (total)
$377,288
Professional fundraising fees
$0
Legal fees
$440
Accounting fees
$428
Occupancy
$71,154
Travel
$1,754
Program services (functional)
$628,835
Management and general (functional)
$114,430

Balance sheet and other

Total assets, start of year
$2,166,583
Total assets, end of year
$2,173,900
Total liabilities, end of year
$1,957,932
Net assets, end of year
$215,968
Land, buildings and equipment
$2,108,580
Net assets with donor restrictions
$215,968
Gross receipts
$741,014
Employees
9
Volunteers
7
Year formed
1986
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.

NameTitleHours / weekCompensation
Joyce PennyfeatherExecutive Director
Key employee
40$84,471
Joyce PennyfeatherDirector
Officer
24$0
Stephen JohnsonPresident
Trustee or director, Officer
2$0
William B SavoVice President
Trustee or director, Officer
2$0
Cliff NagleSecretary/Treasurer
Trustee or director, Officer
2$0
Bill StabileTrustee
Trustee or director
2$0
Joe HornerTrustee
Trustee or director
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Joyce PennyfeatherDirector
Officer
24$79,536
Stephen JohnsonPresident
Trustee or director, Officer
2$0
William B SavoVice President
Trustee or director, Officer
2$0
Cliff NagleSecretary/Treasurer
Trustee or director, Officer
2$0
Bill StabileTrustee
Trustee or director
2$0
Joe HornerTrustee
Trustee or director
2$0

Address and contacts

Address (IRS master file)
59 W END AVE, SOMERVILLE, NJ 08876-1828
Principal officer (990 for 2024)
Joyce Pennyfeather, 59 West End Avenue, Somerville, NJ 08876
Signed the 990
Cliff Nagle, Secretary/Treasurer
Phone
(908) 526-8130
Return prepared by
Suplee Clooney and Company

Mission

Cooperative Housings mission is to provide affordable, shared living residences and services for low to moderate income older adults and some special needs adults. The Corporation is dedicated to helping these individuals to enjoy adequate housing, as well as companionship and support through cooperative shared living arrangements.

990 for the year ended December 31, 2024

Program accomplishments

  • Management of four homes for low income senior citizens and one home for developmentally disabled independent adults which provide housing, support services and food for the tenants.
    Expenses $628,835 · revenue $657,957

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2785521
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
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,173,900
Income (IRS master file)
$741,014

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$741,014$743,265$2,173,900IRS
990December 2023$659,218$704,756$2,166,583XML
990December 2022$670,049$739,896$2,126,668IRS
990December 2021–––IRS
990December 2020–––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 22-2785521).

Questions about COOPERATIVE HOUSING CORPORATION

What is the EIN of COOPERATIVE HOUSING CORPORATION?
The employer identification number (EIN) of COOPERATIVE HOUSING CORPORATION is 22-2785521.
Is COOPERATIVE HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to COOPERATIVE HOUSING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COOPERATIVE HOUSING 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 COOPERATIVE HOUSING 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 COOPERATIVE HOUSING 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 COOPERATIVE HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 names Joyce Pennyfeather.
Who are the officers and directors of COOPERATIVE HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $84,471 (Joyce Pennyfeather, Executive Director).
How much revenue does COOPERATIVE HOUSING CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $741,014, expenses of $743,265 and total assets of $2,173,900 at year end.

Other nonprofits in SOMERVILLE

All nonprofits in SOMERVILLE · New Jersey · Housing and shelter