Nonprofit · EIN 27-6983137
HOUSING INITIATIVES OF PRINCETON CHARITABLE TR
Also known as RUTH M THURMOND SCOTT TTEE
Tax-exempt · PRINCETON, NJ 08540
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $857,891 | $528,521 | $329,370 | $1,182,157 | $131,529 | $1,050,628 |
| June 30, 2024 | 990 | $663,337 | $537,666 | $125,671 | $858,482 | $137,224 | $721,258 |
| June 30, 2023 | 990 | $392,002 | $387,537 | $4,465 | $739,715 | $144,128 | $595,587 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $799,164
- Program service revenue
- $45,959
- Investment income
- $12,768
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $184,704
- Compensation of officers, directors and key employees
- $62,456
- Other salaries and wages
- $11,344
- Salaries, compensation and benefits (total)
- $82,655
- Professional fundraising fees
- $0
- Accounting fees
- $6,300
- Occupancy
- $61,320
- Depreciation
- $5,833
- Program services (functional)
- $447,231
- Management and general (functional)
- $67,300
- Fundraising (functional)
- $13,990
Balance sheet and other
- Total assets, start of year
- $858,482
- Total assets, end of year
- $1,182,157
- Total liabilities, end of year
- $131,529
- Net assets, end of year
- $1,050,628
- Land, buildings and equipment
- $235,649
- Net assets without donor restrictions
- $956,628
- Net assets with donor restrictions
- $94,000
- Gross receipts
- $886,171
- Employees
- 3
- Volunteers
- 61
- Year formed
- 2010
- State of legal domicile
- NJ
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORI TROILO | EXECUTIVE DIRECTOR Officer | 30 | $55,595 |
| THOMAS PINNEO | BOARD CHAIR Trustee or director, Officer | 10 | $0 |
| DANA MOLINA | VICE CHAIR Trustee or director, Officer | 10 | $0 |
| ANN ZULTNER | TREASURER Trustee or director, Officer | 10 | $0 |
| MARIA QUINN | SECRETARY Trustee or director, Officer | 10 | $0 |
| LIZ LEMPERT | TRUSTEE Trustee or director | 5 | $0 |
| CAROL GOLDEN | TRUSTEE Trustee or director | 5 | $0 |
| LUIS ESTRADA | TRUSTEE Trustee or director | 5 | $0 |
| IRA LACKEY | TRUSTEE Trustee or director | 5 | $0 |
| VALERIE HENRY | TRUSTEE Trustee or director | 5 | $0 |
| MARISABEL FERNANDEZ | TRUSTEE Trustee or director | 5 | $0 |
| SUKI WASSERMAN | TRUSTEE Trustee or director | 5 | $0 |
| JULIE FRAUNHOFFER | TRUSTEE Trustee or director | 5 | $0 |
| DAN CHAMBY | TRUSTEE Trustee or director | 5 | $0 |
| BECCA MEURER | TRUSTEE Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN GITTLEMAN | EXECUTIVE DIRECTOR (THRU OCT) Officer | 35 | $44,333 |
| LORI TROILO | EXECUTIVE DIRECTOR (BEG IN SEPT) Officer | 30 | $26,417 |
| THOMAS PINNEO | BOARD CHAIR Trustee or director, Officer | 10 | $0 |
| DANA MOLINA | VICE CHAIR Trustee or director, Officer | 10 | $0 |
| ANN ZULTNER | TREASURER Trustee or director, Officer | 10 | $0 |
| MARIA QUINN | SECRETARY Trustee or director, Officer | 10 | $0 |
| LIZ LEMPERT | TRUSTEE Trustee or director | 5 | $0 |
| CAROL GOLDEN | TRUSTEE Trustee or director | 5 | $0 |
| SUE CAMERON | TRUSTEE Trustee or director | 5 | $0 |
| IRA LACKEY | TRUSTEE Trustee or director | 5 | $0 |
| VALERIE HENRY | TRUSTEE Trustee or director | 5 | $0 |
| LOUISE KEKULAH | TRUSTEE Trustee or director | 5 | $0 |
| TODD VENETIANER | TRUSTEE Trustee or director | 5 | $0 |
| JULIE FRAUNHOFFER | TRUSTEE Trustee or director | 5 | $0 |
| DAN CHAMBY | TRUSTEE Trustee or director | 5 | $0 |
| CAROLINE CLARKE | TRUSTEE Trustee or director | 5 | $0 |
| BECCA MEURER | TRUSTEE Trustee or director | 5 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN GITTLEMAN | EXECUTIVE DIRECTOR Officer | 35 | $49,167 |
| LIZ LEMPERT | BOARD CHAIR Trustee or director, Officer | 30 | $0 |
| ANN ZULTNER | TREASURER Trustee or director, Officer | 10 | $0 |
| DANA MOLINA | SECRETARY Trustee or director, Officer | 5 | $0 |
| LOUISE KEKULAH | TRUSTEE Trustee or director | 5 | $0 |
| VALERIE GIGUERE | TRUSTEE Trustee or director | 5 | $0 |
| IRA LACKEY | TRUSTEE Trustee or director | 5 | $0 |
| TOM PINNEO | VICE CHAIR Trustee or director, Officer | 5 | $0 |
| MELISSA URIAS MERCURO | TRUSTEE Trustee or director | 5 | $0 |
| RAHUL PALNIKAR | TRUSTEE Trustee or director | 5 | $0 |
| SUE CAMERON | TRUSTEE Trustee or director | 5 | $0 |
| VALERIE HENRY | TRUSTEE Trustee or director | 5 | $0 |
| MESHIE D KNIGHT | TRUSTEE Trustee or director | 5 | $0 |
| CAROL GOLDEN | TRUSTEE Trustee or director | 5 | $0 |
| SARAH TORIAN | TRUSTEE Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 33 MERCER ST, PRINCETON, NJ 08540-6807
- In care of
- % RUTH THURMOND SCOTT
- Mailing address (990-N for 2010)
- 33 Mercer Street, Princeton NJ 08540
- Principal officer (990 for 2024)
- THOMAS PINNEO, 33 MERCER STREET, PRINCETON, NJ 08540
- Principal officer (990-N for 2010)
- Ruth Thurmond Scott, 46 Greenway Terrace, Princeton NJ 08540
- Signed the 990
- THOMAS PINNEO, BOARD CHAIR
- Phone
- (609) 497-4535
- Return prepared by
- KLATZKIN & COMPANY LLP
Mission
PROVIDING AFFORDABLE HOUSING OPTIONS TO TRANSITION INTO PERMANENT HOUSING AND SUSTAINED SELF-SUFFICIENCY TO LOW INCOME WORKING FAMILIES AND INDIVIDUALS WHO ARE HOMELESS OR FACING IMMINENT HOMELESSNESS IN AND AROUND PRINCETON, NJ
Program accomplishments
- HOUSING INITIATIVES OF PRINCETON (HIP) ENVISIONS A DIVERSE, INCLUSIVE COMMUNITY WHERE ALL FAMILIES CAN AFFORD TO LIVE AND THRIVE. WE HELP MERCER COUNTY FAMILIES AND INDIVIDUALS FACING EVICTION OR HOMELESSNESS BUILD A SUSTAINABLE FUTURE, BY PROVIDING STABLE HOUSING, ACCESS TO BETTER-PAYING JOBS, AND DEEP WRAPAROUND SUPPORT. HOUSING INITIATIVES OF PRINCETON HAS THREE MAIN PROGRAMS: 1) OUR TRANSITIONAL HOUSING PROGRAM WITH COMPREHENSIVE WRAPAROUND SERVICES HELPS FAMILIES WHO LACK THE INCOME AND CREDIT SCORES TO QUALIFY FOR LOCAL AFFORDABLE HOUSING, OR WHO FACE MULTI-YEAR WAITING LISTS FOR AN AFFORDABLE APARTMENT IN OUR AREA. WHILE LIVING IN HIP'S HOUSING FOR 1-2 YEARS AND PAYING 30% OF THEIR INCOME IN RENT, EACH ADULT WORKS WITH A CASE MANAGER, HOUSING NAVIGATOR, CAREER AND FINANCIAL COACHES, VOLUNTEERS, AND NONPROFIT PARTNERS WHO OFFER SUPPORTIVE SERVICES TO REACH PERSONAL GOALS, GRADUATE INTO AN AFFORDABLE HOME OF THEIR OWN, AND TRANSFORM THEIR FAMILY'S FUTURE. IN 2025, THIS PROGRAM SERVED 28 PARENTS AND CHILDREN FROM 12 FAMILIES. 2) HIP'S EVICTION PREVENTION PROGRAM PROVIDES RENTAL ASSISTANCE TO LOW-INCOME FAMILIES WHO HAVE FALLEN BEHIND IN THEIR RENT DUE TO A ONE-TIME EMERGENCY, AND PROVIDES SECURITY DEPOSITS, WHICH ARE OFTEN A BARRIER TO SECURING HOUSING. IN 2025, HIP HELPED OVER 368 INDIVIDUALS FROM ACROSS MERCER COUNTY THROUGH THIS PROGRAM. HIP MAXIMIZES OUR HELP TO THOSE WE SERVE BY WORKING IN CONCERT WITH OTHER LOCAL HELPING AGENCIES AS PART OF THE PRINCETON HOUSING STABILITY COALITION TO JOINTLY FUND REQUESTS FOR EVICTION PREVENTION FUNDS. 3) HIP'S PRO HOUSING ADVOCACY LEVERAGES OUR OVER TWENTY YEARS OF FRONTLINE EXPERIENCE TO INFORM LOCAL AND STATE POLICIES AND INITIATIVES THAT AIM TO MAKE HOUSING MORE ACCESSIBLE FOR LOW-INCOME FAMILIES.Expenses $447,231 · grants $184,704 · revenue $45,959
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-6983137
- 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
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L40)
- Assets (IRS master file)
- $1,182,157
- Income (IRS master file)
- $886,171
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $857,891 | $528,521 | $1,182,157 | XML |
| 990 | June 2024 | $663,337 | $537,666 | $858,482 | IRS |
| 990 | June 2023 | $392,002 | $387,537 | $739,715 | XML |
| 990 | June 2022 | $518,944 | $264,333 | $740,507 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Ruth Thurmond Scott | June 30, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
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 27-6983137).
Questions about HOUSING INITIATIVES OF PRINCETON CHARITABLE TR
- What is the EIN of HOUSING INITIATIVES OF PRINCETON CHARITABLE TR?
- The employer identification number (EIN) of HOUSING INITIATIVES OF PRINCETON CHARITABLE TR is 27-6983137.
- Is HOUSING INITIATIVES OF PRINCETON CHARITABLE TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to HOUSING INITIATIVES OF PRINCETON CHARITABLE TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOUSING INITIATIVES OF PRINCETON CHARITABLE TR 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 HOUSING INITIATIVES OF PRINCETON CHARITABLE TR 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 HOUSING INITIATIVES OF PRINCETON CHARITABLE TR 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 HOUSING INITIATIVES OF PRINCETON CHARITABLE TR?
- The 990 for the year ended June 30, 2025 names THOMAS PINNEO.
- Who are the officers and directors of HOUSING INITIATIVES OF PRINCETON CHARITABLE TR?
- The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $55,595 (LORI TROILO, EXECUTIVE DIRECTOR).
- How much revenue does HOUSING INITIATIVES OF PRINCETON CHARITABLE TR have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $857,891, expenses of $528,521 and total assets of $1,182,157 at year end.
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All nonprofits in PRINCETON · New Jersey · Housing and shelter