Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 04-2446461

AGUDAS ACHIM DEVELOPMENT CORPORATION

Tax-exempt · MALDEN, MA 02148

Financials

$1.4M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of AGUDAS ACHIM DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,376,664$1,743,533-$366,869$1,332,981$254,400$1,078,581
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,352,476
Investment income
$24,188
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$275,400
Salaries, compensation and benefits (total)
$330,612
Professional fundraising fees
$0
Legal fees
$38,442
Accounting fees
$20,000
Occupancy
$992,568
Travel
$1,153
Depreciation
$23,669
Program services (functional)
$1,452,187
Management and general (functional)
$291,346

Balance sheet and other

Total assets, start of year
$1,772,109
Total assets, end of year
$1,332,981
Total liabilities, end of year
$254,400
Net assets, end of year
$1,078,581
Land, buildings and equipment
$507,669
Net assets without donor restrictions
$1,078,581
Gross receipts
$1,376,664
Employees
0
Volunteers
0
Year formed
1965
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAVID POSNERPRESIDENT AND SECRETARY
Trustee or director, Officer
2$0
KENNY MAZONSONTREASURER
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
BRYANT TERRACE 62 WILLOW ST, MALDEN, MA 02148-0000
Principal officer (990 for 2024)
DAVID POSNER, BRYANT TERRACE 62 WILLOW ST, MALDEN, MA 02148
Signed the 990
DAVID POSNER, PRESIDENT
Phone
(617) 482-5500
Return prepared by
BARRETT & SCIBELLI LLC

Mission

TO CONSTRUCT, OWN AND OPERATE GOVERNMENT SUBSIDIZED HOUSING UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT.

990 for the year ended September 30, 2025

Program accomplishments

  • OPERATION OF GOVERNMENT SUBSIDIZED HOUSING UNITS LOCATED IN MALDEN, MASSACHUSETTS.
    Expenses $1,452,187

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
04-2446461
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
1965
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,332,981
Income (IRS master file)
$1,376,664

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025–––IRS
990September 2024–––IRS
990September 2022$945,766$1,116,305$2,254,251IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 AGUDAS ACHIM DEVELOPMENT CORPORATION

What is the EIN of AGUDAS ACHIM DEVELOPMENT CORPORATION?
The employer identification number (EIN) of AGUDAS ACHIM DEVELOPMENT CORPORATION is 04-2446461.
Is AGUDAS ACHIM DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to AGUDAS ACHIM DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AGUDAS ACHIM DEVELOPMENT 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 AGUDAS ACHIM DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AGUDAS ACHIM DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of AGUDAS ACHIM DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 names DAVID POSNER.
Who are the officers and directors of AGUDAS ACHIM DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does AGUDAS ACHIM DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,376,664, expenses of $1,743,533 and total assets of $1,332,981 at year end.

Other nonprofits in MALDEN

All nonprofits in MALDEN · Massachusetts