Nonprofit · EIN 03-0528053
MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BROOKLYN, NY 11233
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $66,129 | $43,023 | $23,106 | $297,192 | $3,236 | $293,956 |
| December 31, 2023 | 990 | $64,543 | $75,929 | -$11,386 | $272,857 | $2,007 | $270,850 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $66,129
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $370
- Occupancy
- $12,893
- Depreciation
- $15,022
- Program services (functional)
- $42,653
- Management and general (functional)
- $370
Balance sheet and other
- Total assets, start of year
- $272,857
- Total assets, end of year
- $297,192
- Total liabilities, end of year
- $3,236
- Net assets, end of year
- $293,956
- Land, buildings and equipment
- $256,205
- Net assets without donor restrictions
- $293,956
- Gross receipts
- $66,129
- Employees
- 5
- Volunteers
- 5
- Year formed
- 2003
- State of legal domicile
- NY
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 |
|---|---|---|---|
| MARK FAIRCLOUGH | CHAIRPERSON Trustee or director, Officer | 0 | $0 |
| DIONNE FRANCE | SECRETARY Trustee or director | 0 | $0 |
| COURTNEY NEWELL | TREASURER Trustee or director | 0 | $0 |
| PELHAM BOLLERS | EXECUTIVE DIRECTOR Officer | 0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK FAIRCLOUGH | CHAIRPERSON Trustee or director, Officer | 0 | $0 |
| DIONNE FRANCE | SECRETARY Trustee or director | 0 | $0 |
| COURTNEY NEWELL | TREASURER Trustee or director | 0 | $0 |
| PELHAM BOLLERS | EXECUTIVE DIRECTOR Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 294 SUMPTER STREET, BROOKLYN, NY 11233-3464
- In care of
- % PELHAM BOLLERS
- Principal officer (990 for 2024)
- PELHAM BOLLERS, 294 SUMPTER STREET, BROOKLYN, NY 11233
- Signed the 990
- PELHAM BOLLERS, EXECUTIVE DIRECTOR
- Phone
- (718) 919-3600
- Return prepared by
- OLUGBENGA OLABINTAN CPA INC
Mission
THE ORGANIZATION IS A CHARITABLE NOT-FOR-PROFIT CORPORATION ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING AND OPERATING A HOUSING PROJECT FOR LOW INCOME FAMILIES.
Program accomplishments
- THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING AND OPERATING A HOUSING PROJECT FOR LOW INCOME FAMILIES.Expenses $42,653
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
- 03-0528053
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $297,192
- Income (IRS master file)
- $66,129
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $66,129 | $43,023 | $297,192 | XML |
| 990 | December 2023 | $64,543 | $75,929 | $272,857 | XML |
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 03-0528053).
Questions about MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND CORPORATION is 03-0528053.
- Is MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND 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 MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND 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 MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND 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 MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names PELHAM BOLLERS.
- Who are the officers and directors of MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MARION SOMERS PLAZA HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $66,129, expenses of $43,023 and total assets of $297,192 at year end.
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