Nonprofit · EIN 01-0538683
EMC AFFORDABLE HOUSING PRESERVATION
Tax-exempt · WESTBROOK, ME 04092
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,036,756 | $900,196 | $136,560 | $3,594,206 | $3,320,825 | $273,381 |
| June 30, 2024 | 990 | $797,032 | $738,368 | $58,664 | $3,516,916 | $3,380,095 | $136,821 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $182,307
- of which government grants
- $182,307
- Program service revenue
- $849,253
- Investment income
- $5,196
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,463
- Accounting fees
- $17,043
- Depreciation
- $127,575
- Program services (functional)
- $900,196
Balance sheet and other
- Total assets, start of year
- $3,516,916
- Total assets, end of year
- $3,594,206
- Total liabilities, end of year
- $3,320,825
- Net assets, end of year
- $273,381
- Land, buildings and equipment
- $3,177,310
- Gross receipts
- $1,036,756
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2001
- State of legal domicile
- ME
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 | From related orgs |
|---|---|---|---|---|
| KURT SHANGRAW | TREASURER Trustee or director | 5 | $0 | $55,365 |
| JAMES HARRISON | PRESIDENT Trustee or director | 5 | $0 | $0 |
| COLEMAN WALSH | MEMBER Trustee or director | 5 | $0 | $0 |
| DAVE MACDONALD | SECRETARY Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| KURT SHANGRAW | TREASURER Trustee or director | 5 | $0 | $60,365 |
| JAMES HARRISON | PRESIDENT Trustee or director | 5 | $0 | $0 |
| COLEMAN WALSH | MEMBER Trustee or director | 5 | $0 | $0 |
| DAVE MACDONALD | SECRETARY Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 752 MAIN ST, WESTBROOK, ME 04092-3417
- In care of
- % EMERALD MANAGEMENT
- Principal officer (990 for 2024)
- KURT SHANGRAW, 752 MAIN STREET, WESTBROOK, ME 04092
- Signed the 990
- KURT SHANGRAW, TREASURER
- Phone
- (207) 854-2606
- Return prepared by
- OTIS ATWELL
Mission
LOW INCOME HOUSING
Program accomplishments
- THE ORGANIZATION OPERATES A 44 UNIT AND A 10 UNIT APARTMENT COMPLEX FOR LOW INCOME TENANTS.Expenses $900,196 · revenue $854,449
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
- 01-0538683
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $3,594,206
- Income (IRS master file)
- $1,036,756
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,036,756 | $900,196 | $3,594,206 | IRS |
| 990 | June 2024 | $797,032 | $738,368 | $3,516,916 | XML |
| 990 | June 2023 | $721,499 | $591,195 | $1,842,662 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 01-0538683).
Questions about EMC AFFORDABLE HOUSING PRESERVATION
- What is the EIN of EMC AFFORDABLE HOUSING PRESERVATION?
- The employer identification number (EIN) of EMC AFFORDABLE HOUSING PRESERVATION is 01-0538683.
- Is EMC AFFORDABLE HOUSING PRESERVATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to EMC AFFORDABLE HOUSING PRESERVATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EMC AFFORDABLE HOUSING PRESERVATION 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 EMC AFFORDABLE HOUSING PRESERVATION 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 EMC AFFORDABLE HOUSING PRESERVATION 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 EMC AFFORDABLE HOUSING PRESERVATION?
- The 990 for the year ended June 30, 2025 names KURT SHANGRAW.
- Who are the officers and directors of EMC AFFORDABLE HOUSING PRESERVATION?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does EMC AFFORDABLE HOUSING PRESERVATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,036,756, expenses of $900,196 and total assets of $3,594,206 at year end.
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