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Nonprofit · EIN 25-1880558

INDEPENDENCE PARK INC

Tax-exempt · SHARON, PA 16146

Financials

$94K$132K2023$101K$120K2024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENCE PARK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$100,662$120,087-$19,425$379,575$828,282-$448,707
June 30, 2024990$94,470$132,386-$37,916$406,057$835,339-$429,282
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$100,657
Investment income
$5
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$28,558
Salaries, compensation and benefits (total)
$38,039
Professional fundraising fees
$0
Accounting fees
$7,900
Depreciation
$20,123
Program services (functional)
$78,554
Management and general (functional)
$41,533

Balance sheet and other

Total assets, start of year
$406,057
Total assets, end of year
$379,575
Total liabilities, end of year
$828,282
Net assets, end of year
-$448,707
Land, buildings and equipment
$356,112
Net assets without donor restrictions
-$448,707
Gross receipts
$100,662
Employees
0
Volunteers
0
Year formed
2001
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
WILMA TORRESCEO
Officer
0.1$0$114,725$20,919
MICHELLE CLARKECFO
Officer
0.1$0$77,848$12,049
KAREN WINNER SEDVICE-PRESIDENT
Trustee or director, Officer
0.1$0$0$0
FRAN BILLENSECRETARY
Trustee or director, Officer
0.1$0$0$0
BOB LUCASPRESIDENT
Trustee or director, Officer
0.1$0$0$0
ALAN NATHANBOARD MEMBER
Trustee or director
0.1$0$0$0
LIZETTE OLSENTREASURER
Trustee or director, Officer
0.1$0$0$0
EVELYN VELASQUEZBOARD MEMBER
Trustee or director
0.1$0$0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
WILMA TORRESCEO
Officer
0.1$0$105,950$18,725
MICHELLE CLARKECFO
Officer
0.1$0$74,078$10,584
KAREN WINNER SEDVICE-PRESIDENT
Trustee or director, Officer
0.1$0$0$0
FRAN BILLENSECRETARY
Trustee or director, Officer
0.1$0$0$0
BOB LUCASPRESIDENT
Trustee or director, Officer
0.1$0$0$0
ALAN NATHANBOARD MEMBER
Trustee or director
0.1$0$0$0
LIZETTE OLSENTREASURER
Trustee or director, Officer
0.1$0$0$0

Address and contacts

Address (IRS master file)
215 S WATER AVE, SHARON, PA 16146-1304
Principal officer (990 for 2024)
FRAN BILLEN, 215 SOUTH WATER AVENUE, SHARON, PA 16146
Signed the 990
FRAN BILLEN, SECRETARY
Phone
(724) 342-6222
Return prepared by
BLACK BASHOR & PORSCH LLP

Mission

MISSION IS TO PROVIDE HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDING LOW COST OR SUBSIDIZED HOUSING TO QUALIFIED PHYSICALLY DISABLED INDIVIDUALS
    Expenses $78,554 · revenue $100,657

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
25-1880558
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
2001
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$379,575
Income (IRS master file)
$100,662

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$100,662$120,087$379,575XML
990June 2024$94,470$132,386$406,057XML
990June 2023$88,582$112,683$417,602IRS
990June 2022–––IRS
990June 2021–––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 25-1880558).

Questions about INDEPENDENCE PARK INC

What is the EIN of INDEPENDENCE PARK INC?
The employer identification number (EIN) of INDEPENDENCE PARK INC is 25-1880558.
Is INDEPENDENCE PARK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to INDEPENDENCE PARK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDEPENDENCE PARK INC 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 INDEPENDENCE PARK INC 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 INDEPENDENCE PARK INC 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 INDEPENDENCE PARK INC?
The 990 for the year ended June 30, 2025 names FRAN BILLEN.
Who are the officers and directors of INDEPENDENCE PARK INC?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does INDEPENDENCE PARK INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $100,662, expenses of $120,087 and total assets of $379,575 at year end.

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