Nonprofit · EIN 23-1922689
OVERMONT CORP
Also known as OVERMONT HOUSE
Tax-exempt · PHILADELPHIA, PA 19131
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,573,017 | $5,164,080 | -$1,591,063 | $35,485,411 | $35,656,446 | -$171,035 |
| June 30, 2024 | 990 | $3,411,525 | $5,052,219 | -$1,640,694 | $37,160,642 | $35,740,614 | $1,420,028 |
| June 30, 2023 | 990 | $2,237,351 | $4,772,285 | -$2,534,934 | $39,985,664 | $36,924,942 | $3,060,722 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,549,311
- Investment income
- $21,956
- Other revenue
- $1,750
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $1,526,223
- Travel
- $3,782
- Depreciation
- $2,534,027
- Program services (functional)
- $3,342,929
- Management and general (functional)
- $1,821,151
Balance sheet and other
- Total assets, start of year
- $37,160,642
- Total assets, end of year
- $35,485,411
- Total liabilities, end of year
- $35,656,446
- Net assets, end of year
- -$171,035
- Land, buildings and equipment
- $33,899,273
- Net assets without donor restrictions
- -$171,035
- Gross receipts
- $3,573,017
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1965
- State of legal domicile
- PA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KENNETH J VEIT DO | PRESIDENT Trustee or director, Officer | 1 | $0 | $781,333 | $70,569 |
| CARRIE COLLINS JD PHD | EXECUTIVE VP, CHIEF ADVANCEMENT OFF. Trustee or director, Officer | 1 | $0 | $417,335 | $77,775 |
| DALLAS A GRUNDY | EXECUTIVE VP, CFO & TREASURER Trustee or director, Officer | 1 | $0 | $359,859 | $77,176 |
| LYNN A KUSH | CORPORATE SECRETARY Trustee or director, Officer | 1 | $0 | $106,148 | $38,789 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KENNETH J VEIT DO | PRESIDENT Trustee or director, Officer | 1 | $0 | $807,335 | $67,492 |
| PETER DOULIS CPA | EXECUTIVE VP AND CFO (UNTIL 06/24) Trustee or director, Officer | 1 | $0 | $620,763 | $80,626 |
| DAVID F SIMON | SECRETARY (UNTIL 06/24) Trustee or director, Officer | 1 | $0 | $491,357 | $69,615 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KENNETH J VEIT DO | PRESIDENT Trustee or director, Officer | 1 | $0 | $791,769 | $63,130 |
| PETER DOULIS CPA | EXECUTIVE VP AND CFO Trustee or director, Officer | 1 | $0 | $601,820 | $75,638 |
| DAVID F SIMON | SECRETARY Trustee or director, Officer | 1 | $0 | $458,387 | $65,107 |
Address and contacts
- Address (IRS master file)
- 4001 MONUMENT ROAD, PHILADELPHIA, PA 19131-1623
- In care of
- % PETER DOULIS
- Principal officer (990 for 2024)
- KENNETH J VEIT DO, 4001 MONUMENT ROAD, PHILADELPHIA, PA 19131
- Signed the 990
- KENNETH J VEIT DO, PRESIDENT
- Phone
- (215) 871-6901
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
OVERMONT OWNS AN APARTMENT BUILDING THAT PROVIDES HOUSING PRIMARILY TO PCOM STUDENTS.
Program accomplishments
- OVERMONT OWNS AN APARTMENT BUILDING THAT IS REFERRED TO AS THE META CHRISTY HOUSE (MCH). THE BUILDING IS PRIMARILY RENTED TO PCOM STUDENTS. PCOM OPERATES MCH.Expenses $3,342,929 · revenue $3,549,311
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1922689
- 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
- 1975
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $35,485,411
- Income (IRS master file)
- $3,573,017
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,573,017 | $5,164,080 | $35,485,411 | XML |
| 990 | June 2024 | $3,411,525 | $5,052,219 | $37,160,642 | IRS |
| 990 | June 2023 | $2,237,351 | $4,772,285 | $39,985,664 | XML |
| 990 | June 2022 | $1,214,645 | $4,583,964 | $42,281,372 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 23-1922689).
Questions about OVERMONT CORP
- What is the EIN of OVERMONT CORP?
- The employer identification number (EIN) of OVERMONT CORP is 23-1922689.
- Is OVERMONT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to OVERMONT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OVERMONT CORP 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 OVERMONT CORP due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OVERMONT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of OVERMONT CORP?
- The 990 for the year ended June 30, 2025 names KENNETH J VEIT DO.
- Who are the officers and directors of OVERMONT CORP?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does OVERMONT CORP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,573,017, expenses of $5,164,080 and total assets of $35,485,411 at year end.
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