Nonprofit · EIN 52-2414339
NEWBURYPORT AFFORDABLE HOUSING CORPORATION
Tax-exempt (reinstated) · NEWBURYPORT, MA 01950
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $131,476 | $147,258 | -$15,782 | $1,945,940 | $2,661,346 | -$715,406 |
| March 31, 2024 | 990 | $140,347 | $146,067 | -$5,720 | $1,986,168 | $2,685,792 | -$699,624 |
| March 31, 2023 | 990 | $140,971 | $151,034 | -$10,063 | $2,002,227 | $2,696,131 | -$693,904 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $130,648
- Investment income
- $0
- Other revenue
- $828
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $2,529
- Professional fundraising fees
- $0
- Accounting fees
- $8,650
- Occupancy
- $44,243
- Depreciation
- $54,497
- Program services (functional)
- $138,608
- Management and general (functional)
- $8,650
Balance sheet and other
- Total assets, start of year
- $1,986,168
- Total assets, end of year
- $1,945,940
- Total liabilities, end of year
- $2,661,346
- Net assets, end of year
- -$715,406
- Land, buildings and equipment
- $1,680,973
- Net assets without donor restrictions
- -$715,406
- Gross receipts
- $131,476
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1998
- 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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TRACY WATSON | EXECUTIVE DIRECTOR Officer | 1 | $0 | $127,505 | $5,776 |
| CHERYL AMEY | CHAIR Trustee or director, Officer | 1 | $0 | $1,267 | $0 |
| THOMAS O'BRIEN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $1,267 | $0 |
| MARY KARABATSOS | MEMBER Trustee or director | 1 | $0 | $1,267 | $0 |
| SARAH HOLDEN | MEMBER Trustee or director | 1 | $0 | $1,267 | $0 |
| ALPHONSE MONTONI | MEMBER Trustee or director | 1 | $0 | $1,267 | $0 |
990 for the year ended March 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TRACY WATSON | EXECUTIVE DIRECTOR Officer | 1 | $0 | $102,894 | $18,309 |
| CHERYL AMEY | CHAIR Trustee or director, Officer | 1 | $0 | $1,327 | $0 |
| THOMAS O'BRIEN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $1,327 | $0 |
| MARY KARABATSOS | MEMBER Trustee or director | 1 | $0 | $1,327 | $0 |
| SARAH HOLDEN | MEMBER Trustee or director | 1 | $0 | $1,327 | $0 |
| ALPHONSE MONTONI | MEMBER Trustee or director | 1 | $0 | $1,327 | $0 |
990 for the year ended March 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHERYL AMEY | CHAIR Trustee or director, Officer | 1 | $0 |
| THOMAS O'BRIEN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| MARY KARABATSOS | MEMBER Trustee or director | 1 | $0 |
| SARAH HOLDEN | MEMBER Trustee or director | 1 | $0 |
| ALPHONSE MONTONI | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 25 TEMPLE STREET, NEWBURYPORT, MA 01950-2713
- Principal officer (990 for 2024)
- CHERYL AMEY, 25 TEMPLE STREET, NEWBURYPORT, MA 01950
- Signed the 990
- CHERYL AMEY, CHAIR
- Phone
- (978) 462-5905
- Return prepared by
- CBIZ ADVISORS LLC
Mission
TO PROVIDE LIVING ACCOMODATIONS TO LOW, MODERATE, AND MIDDLE INCOME PERSONS WITHIN THE COMMONWEALTH OF MASSACHUSETTS.
Program accomplishments
- THE ORGANIZATION OPERATES 2 MULTIFAMILY AFFORDABLE HOUSING DEVELOPMENTS IN NEWBURYPORT, MA.Expenses $138,608 · revenue $131,476
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 52-2414339
- 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
- 2021
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L80)
- Assets (IRS master file)
- $1,945,940
- Income (IRS master file)
- $131,476
Revocation and reinstatement
- Exemption revoked
- August 15, 2017
- Posted by the IRS
- November 13, 2017
- Reinstated
- Effective August 15, 2017
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 | March 2025 | $131,476 | $147,258 | $1,945,940 | XML |
| 990 | March 2024 | $140,347 | $146,067 | $1,986,168 | XML |
| 990 | March 2023 | $140,971 | $151,034 | $2,002,227 | XML |
| 990 | March 2022 | $130,249 | $148,848 | $2,029,474 | IRS |
| 990 | March 2021 | – | – | – | 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 52-2414339).
Questions about NEWBURYPORT AFFORDABLE HOUSING CORPORATION
- What is the EIN of NEWBURYPORT AFFORDABLE HOUSING CORPORATION?
- The employer identification number (EIN) of NEWBURYPORT AFFORDABLE HOUSING CORPORATION is 52-2414339.
- Is NEWBURYPORT AFFORDABLE HOUSING CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on August 15, 2017 and reinstated it effective August 15, 2017.
- Are donations to NEWBURYPORT AFFORDABLE HOUSING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEWBURYPORT AFFORDABLE 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 NEWBURYPORT AFFORDABLE HOUSING CORPORATION due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEWBURYPORT AFFORDABLE HOUSING CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of NEWBURYPORT AFFORDABLE HOUSING CORPORATION?
- The 990 for the year ended March 31, 2025 names CHERYL AMEY.
- Who are the officers and directors of NEWBURYPORT AFFORDABLE HOUSING CORPORATION?
- The 990 for the year ended March 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does NEWBURYPORT AFFORDABLE HOUSING CORPORATION have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $131,476, expenses of $147,258 and total assets of $1,945,940 at year end.
Other nonprofits in NEWBURYPORT
- TURNING POINT INC EIN 04-2479435 · last filed 990 for 2025
- HOUSING SUPPORT INC EIN 04-3124357 · last filed 990 for 2024
- NEWBURYPORT SOCIETY FOR THE RELIEF OF AGED MEN EIN 04-2111219 · last filed 990-PF for 2025
- THE RESETTLEMENT PARTNERSHIP INC EIN 99-1743120 · last filed 990-EZ for 2025
- ROOF OVER HEAD COLLABORATIVE EIN 30-0594144 · last filed 990 for 2024
- LOCUST THIRTEEN INC EIN 31-1695981 · last filed 990-EZ for 2025
- TWENTY THREE MIDDLE INC EIN 30-0233972 · last filed 990-PF for 2025
- MILLER ROAD INC EIN 30-0100167 · last filed 990-PF for 2025
All nonprofits in NEWBURYPORT · Massachusetts · Housing and shelter