Nonprofit · EIN 23-2895377
PROJECT H O M E COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · PHILADELPHIA, PA 19130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,269,632 | $1,983,337 | -$713,705 | $4,036,456 | $10,806,602 | -$6,770,146 |
| December 31, 2023 | 990 | $1,166,788 | $1,910,385 | -$743,597 | $4,293,872 | $10,350,313 | -$6,056,441 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $738,842
- of which government grants
- $738,842
- Program service revenue
- $484,901
- Investment income
- $27,465
- Other revenue
- $18,424
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $9,175
- Accounting fees
- $10,000
- Occupancy
- $164,733
- Depreciation
- $225,287
- Program services (functional)
- $1,264,715
- Management and general (functional)
- $718,622
Balance sheet and other
- Total assets, start of year
- $4,293,872
- Total assets, end of year
- $4,036,456
- Total liabilities, end of year
- $10,806,602
- Net assets, end of year
- -$6,770,146
- Land, buildings and equipment
- $3,336,538
- Net assets without donor restrictions
- -$6,770,146
- Gross receipts
- $1,269,632
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1997
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| S MARY SCULLION | FORMER PRESIDENT Former | 2 | $0 | $342,389 | $63,996 |
| KEVIN NOEL | TREASURER Trustee or director, Officer | 2 | $0 | $231,037 | $33,305 |
| DONNA BULLOCK | PRESIDENT Trustee or director, Officer | 2 | $0 | $125,398 | $0 |
| JIM PATERNO | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| MIKE BREEN | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| DAN HIRST | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| PROPERTY MANAGER | DIRECTOR Trustee or director | 10 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| S MARY SCULLION | PRESIDENT Trustee or director, Officer | 2 | $0 | $248,290 | $62,690 |
| KEVIN NOEL | TREASURER Trustee or director, Officer | 2 | $0 | $223,372 | $31,404 |
| JIM PATERNO | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| MIKE BREEN | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| DAN HIRST | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| PROPERTY MANAGER | DIRECTOR Trustee or director | 10 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1415 FAIRMOUNT AVE SUITE 241, PHILADELPHIA, PA 19130-2962
- In care of
- % BOOKKEEPER
- Principal officer (990 for 2024)
- KEVIN NOEL, 1415 FAIRMOUNT AVE SUITE 241, PHILADELPHIA, PA 19130
- Signed the 990
- KEVIN NOEL, TREASURER
- Phone
- (215) 232-7272
- Return prepared by
- NOVOGRADAC & COMPANY LLP
Mission
TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS AND FAMILIES IN PHILADELPHIA, PA. THE CORPORATION ACQUIRES, REHABILITATES AND SELLS PROPERTIES TO QUALIFYING INDIVIDUALS AND OPERATES 112 AFFORDABLE HOUSING UNITS AND COMMERCIAL SPACE.
Program accomplishments
- OPERATION OF AFFORDABLE HOUSING UNITS RENTED TO LOW-INCOME INDIVIDUALS AND COMMERCIAL SPACE TO NON-PROFIT ORGANIZATIONS.Expenses $1,264,715
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
- 23-2895377
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $4,036,456
- Income (IRS master file)
- $1,269,632
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,269,632 | $1,983,337 | $4,036,456 | XML |
| 990 | December 2023 | $1,166,788 | $1,910,385 | $4,293,872 | XML |
| 990 | December 2022 | $1,079,683 | $1,889,088 | $4,530,187 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 23-2895377).
Questions about PROJECT H O M E COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of PROJECT H O M E COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of PROJECT H O M E COMMUNITY DEVELOPMENT CORPORATION is 23-2895377.
- Is PROJECT H O M E COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to PROJECT H O M E COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROJECT H O M E 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 PROJECT H O M E 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 PROJECT H O M E 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 PROJECT H O M E COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names KEVIN NOEL.
- Who are the officers and directors of PROJECT H O M E COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does PROJECT H O M E COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,269,632, expenses of $1,983,337 and total assets of $4,036,456 at year end.
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