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Nonprofit · EIN 26-0057247

CEDARS ELDERLY HOME INC

Tax-exempt · METHUEN, MA 01844

Financials

$484K$563K2023$498K$570K2024
Revenue Expenses · by fiscal year end
Financials of CEDARS ELDERLY HOME INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$498,122$569,512-$71,390$2,036,691$3,860,474-$1,823,783
December 31, 2023990$484,413$562,940-$78,527$2,117,243$3,869,636-$1,752,393
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$319,936
of which government grants
$319,936
Program service revenue
$174,985
Investment income
$453
Other revenue
$2,748

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$5,340
Accounting fees
$23,980
Occupancy
$190,084
Depreciation
$101,470
Program services (functional)
$506,934
Management and general (functional)
$62,578

Balance sheet and other

Total assets, start of year
$2,117,243
Total assets, end of year
$2,036,691
Total liabilities, end of year
$3,860,474
Net assets, end of year
-$1,823,783
Land, buildings and equipment
$1,844,740
Net assets without donor restrictions
-$1,823,783
Gross receipts
$498,122
Employees
0
Volunteers
9
Year formed
2001
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAVID BESHARAPRESIDENT
Trustee or director, Officer
5$0
CHRISTINE TOUMA-CONWAYTREASURER
Trustee or director, Officer
5$0
PAUL BOSHARCLERK
Trustee or director, Officer
1$0
ROBERT HAFFTYDIRECTOR
Trustee or director
1$0
STEVEN KFOURYDIRECTOR
Trustee or director
1$0
MATTHEW KRAUNELISDIRECTOR
Trustee or director
1$0
CYNTHIA MAROONDIRECTOR
Trustee or director
1$0
CAROL MCGRAVEYDIRECTOR
Trustee or director
1$0
KATHLEEN COREY RAHMEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
DAVID BESHARAPRESIDENT
Trustee or director, Officer
5$0
CHRISTINE TOUMA-CONWAYTREASURER
Trustee or director, Officer
5$0
PAUL BOSHARSECRETARY
Trustee or director, Officer
1$0
ROBERT HAFFTYDIRECTOR
Trustee or director
1$0
STEVEN KFOURYDIRECTOR
Trustee or director
1$0
MATTHEW KRAUNELISDIRECTOR
Trustee or director
1$0
CYNTHIA MAROONDIRECTOR
Trustee or director
1$0
CAROL MCGRAVEYDIRECTOR
Trustee or director
1$0
KATHLEEN COREY RAHMEDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
222 PELHAM STREET, METHUEN, MA 01844-1467
In care of
% WILBUR A HYATT
Principal officer (990 for 2024)
DAVID BESHARA, 222 PELHAM STREET, METHUEN, MA 01844
Signed the 990
STEVEN KFOURY, PRESIDENT
Phone
(978) 681-8845
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

TO PROVIDE HOUSING TO LOW-INCOME ELDERLY INDIVIDUALS.

990 for the year ended December 31, 2024

Program accomplishments

  • 31 APARTMENT UNITS RENTED TO LOW-INCOME ELDERLY INDIVIDUALS.
    Expenses $506,934 · revenue $177,733

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-0057247
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
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P75)
Assets (IRS master file)
$2,036,691
Income (IRS master file)
$498,122

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$498,122$569,512$2,036,691XML
990December 2023$484,413$562,940$2,117,243XML
990December 2022$472,942$577,530$2,211,923IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 26-0057247).

Questions about CEDARS ELDERLY HOME INC

What is the EIN of CEDARS ELDERLY HOME INC?
The employer identification number (EIN) of CEDARS ELDERLY HOME INC is 26-0057247.
Is CEDARS ELDERLY HOME INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to CEDARS ELDERLY HOME INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CEDARS ELDERLY HOME 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 CEDARS ELDERLY HOME INC 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 CEDARS ELDERLY HOME INC 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 CEDARS ELDERLY HOME INC?
The 990 for the year ended December 31, 2024 names DAVID BESHARA.
Who are the officers and directors of CEDARS ELDERLY HOME INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does CEDARS ELDERLY HOME INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $498,122, expenses of $569,512 and total assets of $2,036,691 at year end.

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