Nonprofit · EIN 03-0396397
ALTUS REALTY INC
Tax-exempt · PROVIDENCE, RI 02904
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,837,179 | $1,272,597 | $564,582 | $4,686,786 | -$188,965 | $4,875,751 |
| December 31, 2023 | 990 | $1,328,226 | $1,284,779 | $43,447 | $4,693,477 | $382,308 | $4,311,169 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,824,780
- Investment income
- $12,399
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $337,082
- Depreciation
- $251,892
Balance sheet and other
- Total assets, start of year
- $4,693,477
- Total assets, end of year
- $4,686,786
- Total liabilities, end of year
- -$188,965
- Net assets, end of year
- $4,875,751
- Land, buildings and equipment
- $3,959,911
- Gross receipts
- $1,837,179
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2002
- State of legal domicile
- RI
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH R PERRONI | PRESIDENT & CEO Officer | 1 | $0 | $842,228 | $72,392 |
| RICHARD A FRITZ | SR. VP FINANCE & CFO Officer | 1 | $0 | $515,602 | $68,337 |
| DUANE S EASTER | AVP OF FINANCE Officer | 1 | $0 | $192,752 | $53,763 |
| MELISSA GENNARI | AVP & DIRECTOR COMPLIANCE Officer | 1 | $0 | $181,575 | $22,364 |
| JOSEPH NAGLE | FORMER PRESIDENT & CEO (THRU 6/2019) Former | 1 | $0 | $163,904 | $0 |
| JAMES V ROSATI | VICE CHAIR Trustee or director, Officer | 1 | $0 | $16,200 | $0 |
| JOHN T RUGGIERI | CHAIR Trustee or director, Officer | 1 | $0 | $14,550 | $0 |
| STEVEN ISSA | DIRECTOR Trustee or director | 1 | $0 | $13,500 | $0 |
| MARC A PAULHUS | DIRECTOR Trustee or director | 1 | $0 | $12,600 | $0 |
| EDWIN J SANTOS | DIRECTOR Trustee or director | 1 | $0 | $12,600 | $0 |
| JONATHAN W HALL | DIRECTOR Trustee or director | 1 | $0 | $12,000 | $0 |
| HEATHER A PROVINO | DIRECTOR Trustee or director | 1 | $0 | $11,400 | $0 |
| COLIN P KANE | DIRECTOR Trustee or director | 1 | $0 | $10,800 | $0 |
| JUNIOR JABBIE | DIRECTOR Trustee or director | 1 | $0 | $10,800 | $0 |
| PETE HAYES | DIRECTOR Trustee or director | 1 | $0 | $9,900 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ELIZABETH CATUCCI | DIRECTOR Trustee or director | 1 | $0 | $9,600 |
| MARK SHAW | DIRECTOR Trustee or director | 1 | $0 | $9,600 |
| DR THOMAS ENRIGHT | DIRECTOR Trustee or director | 1 | $0 | $8,400 |
| CHRISTINE GADBOIS | DIRECTOR Trustee or director | 1 | $0 | $8,400 |
| MICHAEL F SABITONI | DIRECTOR Trustee or director | 1 | $0 | $7,800 |
| WILLIAM LANDRY | SECRETARY Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 22 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH R PERRONI | CEO & PRESIDENT Officer | 1 | $0 | $809,177 | $70,181 |
| RICHARD A FRITZ | SR VP FINANCE & CFO Officer | 1 | $0 | $496,121 | $64,551 |
| GEORGE J BEDARD | CONTROLLER (THRU 12/23) Officer | 1 | $0 | $171,122 | $41,410 |
| MELISSA GENNARI | AVP & DIRECTOR COMPLIANCE Officer | 1 | $0 | $170,380 | $18,766 |
| JOSEPH NAGLE | FORMER PRESIDENT & CEO (THRU 6/2019) Former | 0 | $0 | $123,562 | $0 |
| JOHN T RUGGIERI | CHAIR Trustee or director, Officer | 1 | $0 | $19,950 | $0 |
| JAMES V ROSATI | VICE CHAIR Trustee or director, Officer | 1 | $0 | $15,000 | $0 |
| MARC A PAULHUS | DIRECTOR Trustee or director | 1 | $0 | $14,400 | $0 |
| STEVEN ISSA | DIRECTOR Trustee or director | 1 | $0 | $13,800 | $0 |
| EDWIN J SANTOS | DIRECTOR Trustee or director | 1 | $0 | $12,600 | $0 |
| COLIN P KANE | DIRECTOR Trustee or director | 1 | $0 | $12,000 | $0 |
| JONATHAN W HALL | DIRECTOR Trustee or director | 1 | $0 | $11,400 | $0 |
| JUNIOR JABBIE | DIRECTOR Trustee or director | 1 | $0 | $10,800 | $0 |
| HEATHER A PROVINO | DIRECTOR Trustee or director | 1 | $0 | $10,800 | $0 |
| ELIZABETH CATUCCI | DIRECTOR Trustee or director | 1 | $0 | $10,200 | $0 |
| PETE HAYES | DIRECTOR Trustee or director | 1 | $0 | $9,900 | $0 |
| MARK SHAW | DIRECTOR Trustee or director | 1 | $0 | $9,600 | $0 |
| DR THOMAS ENRIGHT | VICE CHAIR Trustee or director | 1 | $0 | $9,000 | $0 |
| CHRISTINE GADBOIS | DIRECTOR Trustee or director | 1 | $0 | $9,000 | $0 |
| FRANCIS J FLYNN | DIRECTOR Trustee or director | 1 | $0 | $7,050 | $0 |
| MICHAEL F SABITONI | DIRECTOR (AS OF 04/23) Trustee or director | 1 | $0 | $3,000 | $0 |
| WILLIAM LANDRY | SECRETARY Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10 CHARLES STREET, PROVIDENCE, RI 02904-2249
- In care of
- % GEORGE BEDARD
- Principal officer (990 for 2024)
- SEAN NEWTH, 10 CHARLES STREET, PROVIDENCE, RI 02904
- Signed the 990
- SEAN NEWTH, CFO
- Phone
- (401) 752-6000
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
TITLE HOLDING COMPANY OPERATING TO MANAGE THE REAL AND PERSONAL PROPERTY THAT SERVES AS THE MAIN OFFICE FACILITY OF DELTA DENTAL OF RHODE ISLAND.
Program accomplishments
- ALTUS REALTY, INC. IS AN ORGANIZATION RECOGNIZED AS EXEMPT FROM TAXATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(2). ALTUS REALTY, INC OPERATES AS A TITLE HOLDING COMPANY WHICH MANAGES THE REAL AND PERSONAL PROPERTY THAT SERVES AS THE MAIN OFFICE FACILITY OF DELTA DENTAL RHODE ISLAND.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 03-0396397
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $4,686,786
- Income (IRS master file)
- $1,837,179
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,328,226 | $1,284,779 | $4,693,477 | IRS |
| 990 | December 2022 | $1,374,735 | $1,329,725 | $3,792,494 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ALTUS REALTY INC
- What is the EIN of ALTUS REALTY INC?
- The employer identification number (EIN) of ALTUS REALTY INC is 03-0396397.
- Is ALTUS REALTY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2007.
- Are donations to ALTUS REALTY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ALTUS REALTY INC 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 ALTUS REALTY INC 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 ALTUS REALTY INC 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 ALTUS REALTY INC?
- The 990 for the year ended December 31, 2024 names SEAN NEWTH.
- Who are the officers and directors of ALTUS REALTY INC?
- The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
- How much revenue does ALTUS REALTY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,837,179, expenses of $1,272,597 and total assets of $4,686,786 at year end.
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- PROVPORT INC EIN 05-0479488 · last filed 990 for 2025
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- THE CAPITAL GOOD FUND EIN 80-0348382 · last filed 990 for 2024
- INTERNATIONAL ASSOCIATION OF ANTARCTICA TOUR OPERATORS EIN 47-1915198 · last filed 990 for 2025
- ALLIANCE OF ARTISTS COMMUNITIES EIN 58-2138525 · last filed 990 for 2024
- RHODE ISLAND BLACK BUSINESS ASSOCIATION EIN 45-1454867 · last filed 990 for 2024
- FEDERAL HILL COMMERCE ASSOCIATION INC EIN 06-1482194 · last filed 990 for 2024
All nonprofits in PROVIDENCE · Rhode Island · Community improvement and capacity building