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Nonprofit · EIN 33-2755905

PEOPLE INCORPORATED NMTC SUPPORT CORPORATION

Tax-exempt · FALL RIVER, MA 02721

Financials

$2.4M$02024
Revenue Expenses · by fiscal year end
Financials of PEOPLE INCORPORATED NMTC SUPPORT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,404,494$0$2,404,494$9,654,494$7,250,000$2,404,494
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,403,308
Program service revenue
$0
Investment income
$1,186
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$9,654,494
Total liabilities, end of year
$7,250,000
Net assets, end of year
$2,404,494
Land, buildings and equipment
$8,804,550
Net assets without donor restrictions
$2,404,494
Gross receipts
$2,404,494
Employees
0
Volunteers
3
Year formed
2025
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MEGAN STIRKPRESIDENT/CEO
Officer
1$0$308,865$40,117
ELIZABETH MACHADOCOO
Officer
1$0$247,714$41,533
JASON RUAPRESIDENT
Trustee or director, Officer
1$0$0$0
SHEELAGH BEAULIEUTREASURER
Trustee or director, Officer
1$0$0$0
RENEE ST JOHNCLERK
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
4 S MAIN ST, FALL RIVER, MA 02721-5327
Principal officer (990 for 2024)
MEGAN STIRK, 4 SOUTH MAIN STREET, FALL RIVER, MA 02722
Signed the 990
MEGAN STIRK, PRESIDENT
Phone
(508) 679-5233
Return prepared by
KAHN LITWIN RENZA & CO LTD

Mission

PEOPLE INCORPORATED NMTC SUPPORT CORPORATION (SUPPORT CORP) WAS FORMED UNDER THE LAWS OF THE COMMONWEALTH OF MASSACHUSETTS AS A NOT-FOR-PROFIT ORGANIZATION ON JANUARY 8, 2025. THE SPECIFIC OBJECTIVES OF SUPPORT CORP ARE TO OWN, LEASE, AND MAINTAIN APPROXIMATELY 19,800 SQUARE FEET OF COMMERCIAL SPACE FOR THE EARLY EDUCATION CENTER LOCATED AT 145 WEAVER STREET IN FALL RIVER, MASSACHUSETTS (THE PROJECT). THE NEW MARKET TAX CREDIT (NMTC) STRUCTURE REQUIRES SUPPORT CORP TO RENT 100% OF THE COMMERCIAL SPACE TO PEOPLE, INCORPORATED (PEOPLE) TO PROMOTE ITS MISSION OF PROVIDING SERVICES TO THE CITIZENS OF FALL RIVER, MASSACHUSETTS. SUPPORT CORP WAS ORGANIZED TO ENGAGE IN CHARITABLE ACTIVITIES THAT COMPLEMENT AND SUPPORT THE CHARITABLE ACTIVITIES OF PEOPLE.

990 for the year ended June 30, 2025

Program accomplishments

  • PEOPLE INCORPORATED NMTC SUPPORT CORPORATION (SUPPORT CORP) WAS FORMED UNDER THE LAWS OF THE COMMONWEALTH OF MASSACHUSETTS AS A NOT-FOR-PROFIT ORGANIZATION ON JANUARY 8, 2025. THE SPECIFIC OBJECTIVES OF SUPPORT CORP ARE TO OWN, LEASE, AND MAINTAIN APPROXIMATELY 19,800 SQUARE FEET OF COMMERCIAL SPACE FOR THE EARLY EDUCATION CENTER LOCATED AT 145 WEAVER STREET IN FALL RIVER, MASSACHUSETTS (THE PROJECT). THE NEW MARKET TAX CREDIT (NMTC) STRUCTURE REQUIRES SUPPORT CORP TO RENT 100% OF THE COMMERCIAL SPACE TO PEOPLE, INCORPORATED (PEOPLE) TO PROMOTE ITS MISSION OF PROVIDING SERVICES TO THE CITIZENS OF FALL RIVER, MASSACHUSETTS. SUPPORT CORP WAS ORGANIZED TO ENGAGE IN CHARITABLE ACTIVITIES THAT COMPLEMENT AND SUPPORT THE CHARITABLE ACTIVITIES OF PEOPLE.

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, 2024Check at the IRS

IRS record

EIN
33-2755905
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III functionally integrated
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2025
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,654,494
Income (IRS master file)
$2,404,494

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,404,494$0$9,654,494XML

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 33-2755905).

Questions about PEOPLE INCORPORATED NMTC SUPPORT CORPORATION

What is the EIN of PEOPLE INCORPORATED NMTC SUPPORT CORPORATION?
The employer identification number (EIN) of PEOPLE INCORPORATED NMTC SUPPORT CORPORATION is 33-2755905.
Is PEOPLE INCORPORATED NMTC SUPPORT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to PEOPLE INCORPORATED NMTC SUPPORT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does PEOPLE INCORPORATED NMTC SUPPORT CORPORATION 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 PEOPLE INCORPORATED NMTC SUPPORT CORPORATION 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 PEOPLE INCORPORATED NMTC SUPPORT CORPORATION 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 PEOPLE INCORPORATED NMTC SUPPORT CORPORATION?
The 990 for the year ended June 30, 2025 names MEGAN STIRK.
Who are the officers and directors of PEOPLE INCORPORATED NMTC SUPPORT CORPORATION?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does PEOPLE INCORPORATED NMTC SUPPORT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,404,494, expenses of $0 and total assets of $9,654,494 at year end.

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