Nonprofit · EIN 45-5423072
REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING
Tax-exempt (reinstated) · PAINESVILLE, OH 44077
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,003,765 | $335,892 | $667,873 | $1,194,546 | $585,942 | $608,604 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $72,302
- of which government grants
- $72,302
- Program service revenue
- $931,463
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $92,969
- Salaries, compensation and benefits (total)
- $141,862
- Professional fundraising fees
- $0
- Legal fees
- $9,940
- Occupancy
- $71,319
- Travel
- $639
- Depreciation
- $17,854
- Program services (functional)
- $312,295
- Management and general (functional)
- $23,597
Balance sheet and other
- Total assets, start of year
- $28,230
- Total assets, end of year
- $1,194,546
- Total liabilities, end of year
- $585,942
- Net assets, end of year
- $608,604
- Land, buildings and equipment
- $1,119,121
- Net assets without donor restrictions
- $608,604
- Gross receipts
- $1,003,765
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2013
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gregory Schmidt | President Trustee or director, Officer | 4 | $0 |
| Charles Stennis | Trustee Trustee or director | 1 | $0 |
| Gregory Patt | Trustee Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 189 1ST ST, PAINESVILLE, OH 44077-3111
- In care of
- % MELISSA J WINFIELD
- Mailing address (990-N for 2023)
- 189 First Street, Painesville OH 44077
- Principal officer (990 for 2024)
- Eric Martin, 189 First Street, Painesville, OH 44077
- Principal officer (990-N for 2023)
- Eric Martin, 189 First Street, Painesville OH 44077
- Signed the 990
- Eric Martin, Chief Executive Officer
- Phone
- (440) 354-3347
- Return prepared by
- Michelle Gregorczyk
Mission
Create and sustain affordable, safe, and high-quality housing for families of all income levels, with a special focus on low- and middle-income households. We believe that stable housing is the foundation for thriving communities, and we are dedicated to addressing housing shortages by developing innovative, inclusive, and sustainable housing solutions.
Program accomplishments
- In 2024 Regional Economically Affordable Community Housing REACH achieved a major milestone in its mission to expand attainable housing opportunities for working families across Lake County. This year REACH successfully executed the acquisition and expansion of Parkview Place Apartments in Willoughby Ohio an initiative that significantly strengthens affordable housing options in the community. Through this acquisition REACH added 25 new low rent market rate units specifically targeted to support lower income and middle income households. In addition the Parkview Place expansion project introduced one newly created handicap accessible unit enhancing inclusivity and ensuring that residents with mobility challenges have access to safe, suitable housing. The expansion also produced two additional market rate units further increasing the availability of affordable quality housing in a region experiencing rising demand. By bringing Parkview Place under nonprofit stewardship and investing in both unit growth and accessibility improvements REACH continues to deliver on its commitment to long term affordability community stability and equitable housing access. This accomplishment represents a significant step forward in strengthening the housing landscape for families throughout Lake County.Expenses $312,295 · revenue $931,463
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-N on file |
IRS record
- EIN
- 45-5423072
- 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
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $1,194,546
- Income (IRS master file)
- $1,003,765
Revocation and reinstatement
- Exemption revoked
- November 15, 2014
- Posted by the IRS
- March 9, 2015
- Reinstated
- Effective November 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,003,765 | $335,892 | $1,194,546 | XML |
| 990-N for 2023 Officer: Eric Martin | June 30, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Eric Martin | June 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Melissa J Winfield | June 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Melissa J Winfield | June 30, 2020 | ≤ $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 45-5423072).
Questions about REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING
- What is the EIN of REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING?
- The employer identification number (EIN) of REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING is 45-5423072.
- Is REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2014 and reinstated it effective November 15, 2014.
- Are donations to REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING 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 REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING 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 REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING 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 REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING?
- The 990 for the year ended June 30, 2025 names Eric Martin.
- Who are the officers and directors of REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does REGIONAL ECONOMICALLY AFFORDABLE COMMUNITY HOUSING have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,003,765, expenses of $335,892 and total assets of $1,194,546 at year end.
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- LAKE ERIE COLLEGE EIN 34-0733165 · last filed 990 for 2025
- LAKE COUNTY YOUNG MENS CHRISTIAN ASSOCIATION EIN 34-0714796 · last filed 990 for 2025
- EXTENDED HOUSING INC EIN 34-1400918 · last filed 990 for 2025
- LIFELINE FOR THE EMPOWERMENT & DEVELOPMENT OF CONSUMERS INC EIN 23-7317490 · last filed 990 for 2024
- 444 PAINESVILLE CREDIT UNION EIN 34-0764365 · last filed 990 for 2024
- LAKE COUNTY FREE CLINIC EIN 34-1081191 · last filed 990 for 2025