Nonprofit · EIN 23-7125951
EMBURY APARTMENTS
Tax-exempt · SARATOGA SPGS, NY 12866
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,369,550 | $570,120 | $799,430 | $16,430,361 | $54,071 | $16,376,290 |
| December 31, 2023 | 990 | $1,083,625 | $541,034 | $542,591 | $15,629,312 | $54,873 | $15,574,439 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,786
- Program service revenue
- $1,172,400
- Investment income
- $192,364
- Net gain from sales of assets
- $16,752
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $68,015
- Other salaries and wages
- $301,205
- Salaries, compensation and benefits (total)
- $473,119
- Professional fundraising fees
- $0
- Accounting fees
- $10,000
- Depreciation
- $7,249
- Program services (functional)
- $469,753
- Management and general (functional)
- $100,367
Balance sheet and other
- Total assets, start of year
- $15,629,312
- Total assets, end of year
- $16,430,361
- Total liabilities, end of year
- $54,071
- Net assets, end of year
- $16,376,290
- Land, buildings and equipment
- $43,522
- Publicly traded securities
- $32,038
- Net assets without donor restrictions
- $16,376,290
- Gross receipts
- $1,454,885
- Employees
- 10
- Volunteers
- 6
- Year formed
- 1970
- State of legal domicile
- NY
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 |
|---|---|---|---|---|---|
| J BRIAN NEALON | CEO Officer | 5 | $0 | $304,000 | $17,200 |
| SHELLY AMATO | CSO Officer | 5 | $0 | $193,253 | $526 |
| KATHERINE LAHOFF | CFO Officer | 5 | $0 | $122,416 | $13,416 |
| TARA PLEAT | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEBORAH DAMM-O'BRIEN | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RAYMOND MARTIN | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JESSE BOUCHER | Secretary Trustee or director | 1 | $0 | $0 | $0 |
| BROOKE PANCOE | Director Trustee or director | 1 | $0 | $0 | $0 |
| KELLI DERWAY | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| J BRIAN NEALON | CEO Officer | 5 | $0 | $304,000 | $13,691 |
| SHELLY AMATO | CSO Officer | 5 | $0 | $193,003 | $0 |
| KATHERINE LAHOFF | CFO Officer | 5 | $0 | $120,016 | $11,720 |
| JACK ARNOLD | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TARA PLEAT | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TIM PEHL | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JESSE BOUCHER | Secretary Trustee or director | 1 | $0 | $0 | $0 |
| RAY MARTIN | Director Trustee or director | 1 | $0 | $0 | $0 |
| DEBORAH DAMM-O'BRIEN | Director Trustee or director | 1 | $0 | $0 | $0 |
| BROOKE PANCOE | Director Trustee or director | 1 | $0 | $0 | $0 |
| KELLI DERWAY | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 131 LAWRENCE ST, SARATOGA SPGS, NY 12866-1346
- Principal officer (990 for 2024)
- J BRIAN NEALON, 133 LAWRENCE STREET, SARATOGA SPRINGS, NY 12866
- Signed the 990
- KATHERINE LAHOFF, CFO
- Phone
- (518) 587-3600
- Website
- WWW.THEWESLEYCOMMUNITY.ORG
Mission
EMBURY APARTMENTS OFFERS AFFORDABLE INDEPENDENT HOUSING TO SENIORS, WITH AN EMPHASIS ON MAINTAINING INDEPENDENCE THROUGHOUT THE AGING PROCESS. Embury Apartments are owned by Embury Associates, LP and managed by Embury Apartments Inc. There are 192 units in total made up of Section 8 and Section 236 HUD housing.
Program accomplishments
- DURING 2024, EMBURY APARTMENTS OFFERED AFFORDABLE HOUSING TO APPROXIMATELY 220 SENIORS, WITH AN EMPHASIS ON MAINTAINING INDEPENDENCE THROUGHOUT THE AGING PROCESS.THE WESLEY COMMUNITY AS A WHOLE HAS EMBRACED A PHILANTHROPIC CULTURE. ON BEHALF OF THE WESLEY COMMUNITY, MANAGEMENT DONATES OVER 800 HOURS PER YEAR OF THEIR OWN TIME TO LOCAL ORGANIZATIONS TO FURTHER SUPPORT THE NOT-FOR-PROFIT NEEDS IN OUR COMMUNITY. WE HAVE STAFF MEMBERS REGULARLY CONTRIBUTING THEIR OWN TIME TO THE ALZHEIMER'S ASSOCIATION, THE SARATOGA PLANNING BOARD, SARATOGA ARTSFEST, THE SARATOGA SPRINGS LIONS CLUB, SARATOGA ROTARY, LEADERSHIP SARATOGA AND THE SARATOGA COUNTY CHAMBER OF COMMERCE, TO NAME A FEW. ADDITIONALLY, THE WESLEY CAMPUS REGULARLY HOSTS THE ACTIVITIES AND MEETINGS OF OVER 15 NOT-FOR-PROFIT ORGANIZATIONS.Expenses $469,753 · revenue $574,159
- INCOME RELATED TO ENSURING THE LONGEVITY OF THE EMBURY APARTMENT BUILDINGS THROUGH CONSTRUCTION PROJECTS.revenue $598,241
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
- 23-7125951
- 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
- 1971
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $16,430,361
- Income (IRS master file)
- $1,454,885
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,369,550 | $570,120 | $16,430,361 | XML |
| 990 | December 2023 | $1,083,625 | $541,034 | $15,629,312 | XML |
| 990 | December 2022 | $1,277,576 | $556,318 | $14,895,102 | 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 23-7125951).
Questions about EMBURY APARTMENTS
- What is the EIN of EMBURY APARTMENTS?
- The employer identification number (EIN) of EMBURY APARTMENTS is 23-7125951.
- Is EMBURY APARTMENTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to EMBURY APARTMENTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EMBURY APARTMENTS 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 EMBURY APARTMENTS 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 EMBURY APARTMENTS 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 EMBURY APARTMENTS?
- The 990 for the year ended December 31, 2024 names J BRIAN NEALON.
- Who are the officers and directors of EMBURY APARTMENTS?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does EMBURY APARTMENTS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,369,550, expenses of $570,120 and total assets of $16,430,361 at year end.
Other nonprofits in SARATOGA SPGS
- SHELTERS OF SARATOGA INC EIN 14-1758441 · last filed 990 for 2025
- BUILDING PERFORMANCE INSTITUTE INC EIN 14-1789014 · last filed 990 for 2024
- SARATOGA SPRINGS ASSOCIATION INC EIN 14-1802849 · last filed 990 for 2025
- SKIDMORE COLLEGE EIN 14-1338562 · last filed 990 for 2025
- HAO FAMILY FOUNDATION EIN 47-3853918 · last filed 990-PF for 2024
- BINGLE FOUNDATION EIN 85-3658614 · last filed 990-PF for 2024
- WESLEY HEALTH CARE CENTER INC EIN 22-2467092 · last filed 990 for 2025
- FINK FAMILY FOUNDATION EIN 26-2421487 · last filed 990-PF for 2024
All nonprofits in SARATOGA SPGS · New York · Housing and shelter