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Nonprofit · EIN 34-1430740

TETON HOUSING CORPORATION

Tax-exempt · AKRON, OH 44303

Financials

$716K$699K2023$747K$722K2024
Revenue Expenses · by fiscal year end
Financials of TETON HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$747,341$722,373$24,968$799,068$1,830,939-$1,031,871
December 31, 2023990$716,402$699,182$17,220$851,166$1,908,005-$1,056,839
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$745,197
Investment income
$186
Other revenue
$1,958

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,245
Accounting fees
$19,995
Occupancy
$220,441
Depreciation
$69,142
Program services (functional)
$677,167
Management and general (functional)
$45,206

Balance sheet and other

Total assets, start of year
$851,166
Total assets, end of year
$799,068
Total liabilities, end of year
$1,830,939
Net assets, end of year
-$1,031,871
Land, buildings and equipment
$453,195
Net assets without donor restrictions
-$1,031,871
Gross receipts
$747,341
Employees
0
Volunteers
4
Year formed
1984
State of legal domicile
OH

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
ELMER JACOBSPRESIDENT
Trustee or director, Officer
1$0
HERBERT NEWMANVP, SECRETARY, TREASURER
Trustee or director, Officer
1$0
EDWARD M NEWMANTRUSTEE
Trustee or director
1$0
H BRADLEY WILLENTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
ELMER JACOBSPRESIDENT
Trustee or director, Officer
1$0
HERBERT NEWMANVP, SECRETARY, TREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
730 W MARKET ST, AKRON, OH 44303-1049
Principal officer (990 for 2024)
HERBERT NEWMAN, 730 WEST MARKET STREET, AKRON, OH 44303
Signed the 990
HERBERT NEWMAN, V. PRESIDENT
Phone
(330) 762-4011
Return prepared by
EIDE BAILLY LLP

Mission

PROVIDES LOW-INCOME HOUSING FOR ELDERLY AND HANDICAPPED PERSONS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDES LOW-INCOME HOUSING TO SENIOR CITIZENS IN A 58-UNIT APARTMENT COMPLEX
    Expenses $677,167 · revenue $747,155

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
34-1430740
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$799,068
Income (IRS master file)
$747,341

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$747,341$722,373$799,068XML
990December 2023$716,402$699,182$851,166XML
990December 2022$690,428$652,156$900,875IRS
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 34-1430740).

Questions about TETON HOUSING CORPORATION

What is the EIN of TETON HOUSING CORPORATION?
The employer identification number (EIN) of TETON HOUSING CORPORATION is 34-1430740.
Is TETON HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to TETON HOUSING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TETON HOUSING 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 TETON HOUSING CORPORATION 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 TETON HOUSING CORPORATION 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 TETON HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 names HERBERT NEWMAN.
Who are the officers and directors of TETON HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does TETON HOUSING CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $747,341, expenses of $722,373 and total assets of $799,068 at year end.

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