Skip to main content

Nonprofit · EIN 23-7320953

RIVERSIDE DEVELOPMENT CORPORATION

Tax-exempt · HOLYOKE, MA 01040

Financials

$603K$528K2021
Revenue Expenses · by fiscal year end
Financials of RIVERSIDE DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2022990$602,700$528,254$74,446$0$0$0
Financial details: 990 for the year ended September 30, 2022

Revenue

Contributions, gifts and grants
$0
Program service revenue
$602,608
Investment income
$92
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$7,917
Other salaries and wages
$277,643
Salaries, compensation and benefits (total)
$388,704
Professional fundraising fees
$0
Accounting fees
$224
Travel
$252
Program services (functional)
$423,211
Management and general (functional)
$105,043

Balance sheet and other

Total assets, start of year
$510,036
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Gross receipts
$602,700
Employees
9
Volunteers
11
Year formed
1972
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 September 30, 2022, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL MORIARTYPRESIDENT
Officer
10$10,556$72,833$22,988
WALTER NALESNIKCHAIRMAN
Trustee or director, Officer
1$0$0$0
DUANE CAMPTREASURER
Trustee or director, Officer
1$0$0$0
ARMANDO SANTIAGOCO-CHAIR
Trustee or director, Officer
1$0$0$0
MAURICE LACASSEDIRECTOR
Trustee or director
1$0$0$0
MARIA PAGANDIRECTOR
Trustee or director
1$0$0$0
JOHN LENIHANDIRECTOR
Trustee or director
1$0$0$0
ERIC MATTOSDIRECTOR
Trustee or director
1$0$0$0
VICTOR RODRIGUEZCLERK
Trustee or director, Officer
1$0$0$0
IVIE CORDERODIRECTOR
Trustee or director
1$0$0$0
LINDA PRATTDIRECTOR
Trustee or director
1$0$0$0
DEBORAH WALKERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
70 LYMAN ST, HOLYOKE, MA 01040-6206
Mailing address (990-N for 2024)
70 Lyman Street, Holyoke MA 01040
Principal officer (990 for 2021)
MICHAEL MORIARTY, 70 LYMAN STREET, HOLYOKE, MA 010406206
Signed the 990
MICHAEL MORIARTY, PRESIDENT
Phone
(413) 533-7102
Return prepared by
MEYERS BROTHERS KALICKA PC

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO FURTHER ECONOMIC DEVELOPMENT IN THE CITY OF HOLYOKE, MASSACHUSETTS AND ITS ENVIRONS, BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS.

990 for the year ended September 30, 2022

Program accomplishments

  • ADMINISTRATION AND MANAGEMENT OF LOW-INCOME HOUSING PROJECTS IN THE CITY OF HOLYOKE, MASSACHUSETTS.
    Expenses $423,211 · revenue $602,608

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990-N on file
2023September 30, 2024February 18, 2025990-N on file

IRS record

EIN
23-7320953
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1974
Accounting year ends
September
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024September 30, 2025≤ $50,000 receipts––e-Postcard
990-N for 2023September 30, 2024≤ $50,000 receipts––e-Postcard
990September 2022$602,700$528,254$0XML
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 23-7320953).

Questions about RIVERSIDE DEVELOPMENT CORPORATION

What is the EIN of RIVERSIDE DEVELOPMENT CORPORATION?
The employer identification number (EIN) of RIVERSIDE DEVELOPMENT CORPORATION is 23-7320953.
Is RIVERSIDE DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1974.
Are donations to RIVERSIDE DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RIVERSIDE DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of RIVERSIDE DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RIVERSIDE DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended September 30, 2025.
Who is the principal officer of RIVERSIDE DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2022 names MICHAEL MORIARTY.
Who are the officers and directors of RIVERSIDE DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2022 lists 12 people; 1 received compensation from the organization, the highest $10,556 (MICHAEL MORIARTY, PRESIDENT).
How much revenue does RIVERSIDE DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2022 it reported revenue of $602,700, expenses of $528,254 and total assets of $0 at year end.

Other nonprofits in HOLYOKE

All nonprofits in HOLYOKE · Massachusetts