Nonprofit · EIN 27-4406835
YNS AFFORDABLE HOUSING INC
Tax-exempt · BEVERLY, MA 01915
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,991,626 | $1,449,053 | $2,542,573 | $1,482,682 | $29,543 | $1,453,139 |
| December 31, 2024 | 990 | $325,962 | $330,111 | -$4,149 | $308,519 | $1,397,953 | -$1,089,434 |
| December 31, 2023 | 990 | $299,263 | $577,384 | -$278,121 | $249,276 | $1,334,561 | -$1,085,285 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $141,474
- Investment income
- $3,041,432
- Net gain from sales of assets
- $3,041,432
- Other revenue
- $808,720
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,517
- Accounting fees
- $12,250
- Depreciation
- $3,556
- Program services (functional)
- $1,304,683
- Management and general (functional)
- $144,370
Balance sheet and other
- Total assets, start of year
- $308,519
- Total assets, end of year
- $1,482,682
- Total liabilities, end of year
- $29,543
- Net assets, end of year
- $1,453,139
- Net assets without donor restrictions
- $1,453,139
- Gross receipts
- $4,050,194
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2010
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRISTOPHER LOVASCO | PRESIDENT Trustee or director, Officer | 1 | $0 | $503,970 | $64,257 |
| KEVIN MCCARTHY | DIRECTOR Trustee or director | 1 | $0 | $314,301 | $61,592 |
| BRANDON RUGGIERI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER BURAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL WHEELER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BOB EASTMAN | CLERK Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRISTOPHER LOVASCO | PRESIDENT Trustee or director, Officer | 1 | $0 | $460,166 | $52,861 |
| KEVIN MCCARTHY | DIRECTOR Trustee or director | 1 | $0 | $293,295 | $50,769 |
| BRANDON RUGGIERI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER BURAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL WHEELER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BOB EASTMAN | CLERK Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER LOVASCO | PRESIDENT Trustee or director, Officer | 1 | $0 |
| WILLIAM J LEAVER | DIRECTOR Trustee or director, Officer | 1 | $0 |
| JENNIFER BURAS | DIRECTOR Trustee or director, Officer | 1 | $0 |
| MICHAEL WHEELER | TREASURER Trustee or director, Officer | 1 | $0 |
| KEVIN MCCARTHY | DIRECTOR Trustee or director, Officer | 1 | $0 |
| ALEXANDER THOMAS | COUNSELOR Trustee or director, Officer | 1 | $0 |
| COURTNEY KAGAN | CLERK Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 245 CABOT STREET, BEVERLY, MA 01915-4511
- In care of
- % YMCA OF THE NORTH SHORE INC
- Principal officer (990 for 2025)
- CHRIS LOVASCO, 245 CABOT STREET, BEVERLY, MA 01915
- Signed the 990
- CHRIS LOVASCO, PRESIDENT
- Phone
- (978) 922-0990
- Return prepared by
- DANIEL DENNIS AND COMPANY LLP
Mission
TO PROVIDE AFFORDABLE AND SAFE HOUSING TO INDIVIDUALS AND FAMILIES OF NEED WITHIN THE COMMUNITIES OF THE YMCA OF THE NORTH SHORE, INC.
Program accomplishments
- THE ORGANIZATION MAINTAINS 68 SINGLE ROOM UNITS OF AFFORDABLE HOUSING FOR THOSE IN NEED AND MEETS THE REQUIRED FEDERAL AND STATE QUALIFICATIONS. THE BUILDING ACTS AS A COMMUNITY AND PROVIDES A SUPPORT SYSTEM FOR THOSE IN NEED.Expenses $1,304,683 · revenue $263,360
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 | 990 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
- 27-4406835
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P28)
- Assets (IRS master file)
- $1,482,682
- Income (IRS master file)
- $4,050,194
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,991,626 | $1,449,053 | $1,482,682 | XML |
| 990 | December 2024 | $325,962 | $330,111 | $308,519 | XML |
| 990 | December 2023 | $299,263 | $577,384 | $249,276 | XML |
| 990 | December 2022 | $293,789 | $354,818 | $487,481 | 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 27-4406835).
Questions about YNS AFFORDABLE HOUSING INC
- What is the EIN of YNS AFFORDABLE HOUSING INC?
- The employer identification number (EIN) of YNS AFFORDABLE HOUSING INC is 27-4406835.
- Is YNS AFFORDABLE HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2021.
- Are donations to YNS AFFORDABLE HOUSING INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does YNS AFFORDABLE HOUSING 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 YNS AFFORDABLE HOUSING INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did YNS AFFORDABLE HOUSING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of YNS AFFORDABLE HOUSING INC?
- The 990 for the year ended December 31, 2025 names CHRIS LOVASCO.
- Who are the officers and directors of YNS AFFORDABLE HOUSING INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does YNS AFFORDABLE HOUSING INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,991,626, expenses of $1,449,053 and total assets of $1,482,682 at year end.
Other nonprofits in BEVERLY
- YMCA OF THE NORTH SHORE INC EIN 04-2104913 · last filed 990 for 2025
- BEVERLY CHILDRENS LEARNING CENT INC EIN 23-7267243 · last filed 990 for 2025
- SOCIETY FOR CLINICAL VASCULAR SURGERY EIN 23-7085086 · last filed 990 for 2025
- FAMILY PROMISE NORTH SHORE BOSTON INC EIN 27-1801635 · last filed 990 for 2025
- FULLER SCHOOLHOUSE ROAD EIN 83-4381864 · last filed 990 for 2025
- OPEN DOOR IMMIGRATION SERVICES INC EIN 47-4958773 · last filed 990-EZ for 2026
- GIVEPATH INC EIN 99-0775451 · last filed 990-EZ for 2025
- SIN CITY PROJECT INC EIN 92-1687573 · last filed 990-PF for 2023