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Nonprofit · EIN 04-2615699

HOUSING OPPORTUNITIES MILTON ELDERLY INC

Tax-exempt · MILTON, MA 02186

Financials

$1.4M$2.3M2022$1.9M$2.1M2023$1.8M$2M2024
Revenue Expenses · by fiscal year end
Financials of HOUSING OPPORTUNITIES MILTON ELDERLY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,804,153$2,045,319-$241,166$17,505,481$32,662,334-$15,156,853
December 31, 2023990$1,884,741$2,147,913-$263,172$14,860,670$30,721,291-$15,860,621
December 31, 2022990$1,443,564$2,306,408-$862,844$15,078,086$30,478,885-$15,400,799
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$67
Program service revenue
$1,449,880
Investment income
$349,639
Net gain from sales of assets
$5,419
Other revenue
$4,567

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$102,339
Other salaries and wages
$166,844
Salaries, compensation and benefits (total)
$320,183
Professional fundraising fees
$0
Legal fees
$8,121
Accounting fees
$57,000
Occupancy
$349,718
Depreciation
$520,196
Program services (functional)
$1,828,944
Management and general (functional)
$216,375

Balance sheet and other

Total assets, start of year
$14,860,670
Total assets, end of year
$17,505,481
Total liabilities, end of year
$32,662,334
Net assets, end of year
-$15,156,853
Land, buildings and equipment
$6,030,281
Publicly traded securities
$10,029,535
Net assets without donor restrictions
-$15,156,853
Gross receipts
$5,412,269
Employees
5
Volunteers
0
Year formed
1977
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CHRIS KERRIGANEXECUTIVE DIRECTOR
Officer
40$49,600$6,998
WENDY DALYEXECUTIVE DIRECTOR
Officer
40$51,731$2,841
JOANNE BONNERPRESIDENT
Trustee or director, Officer
5$0$0
DAVID DEMPSTERVICE PRESIDENT
Trustee or director, Officer
2$0$0
JAMES CRONINTREASURER
Trustee or director, Officer
3$0$0
MAUREEN MCCARTHYSECRETARY
Trustee or director, Officer
2$0$0
AGNES DILLONDIRECTOR
Trustee or director
1$0$0
ROBERT LAKEDIRECTOR
Trustee or director
1$0$0
JOHN TANGNEYDIRECTOR
Trustee or director
1$0$0
WILLIAM MURPHYDIRECTOR
Trustee or director
1$0$0
MARY WHITNEYDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JOANNE BONNERPRESIDENT
Trustee or director, Officer
5$0
DAVID DEMPSTERVICE PRESIDENT
Trustee or director, Officer
2$0
JAMES CRONINTREASURER
Trustee or director, Officer
3$0
AGNES DILLONTRUSTEE
Trustee or director
1$0
MAUREEN McCARTHYSECRETARY
Trustee or director, Officer
2$0
JOHN TANGNEYTRUSTEE
Trustee or director
1$0
MARY WHITNEYTRUSTEE
Trustee or director
1$0
ROBERT LAKETRUSTEE
Trustee or director
1$0
WILLIAM MURPHYTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2022: 13 people
NameTitleHours / weekCompensation
JOANNE BONNERPRESIDENT
Trustee or director, Officer
5$0
DAVID DEMPSTERVICE PRESIDENT
Trustee or director, Officer
2$0
JAMES CRONINTREASURER
Trustee or director, Officer
3$0
AGNES DILLONTRUSTEE
Trustee or director
1$0
SHARON DEMPSTERTRUSTEE
Trustee or director
1$0
BARBARA MAHONEYTRUSTEE
Trustee or director
1$0
SHEILA MONKSSECRETARY
Trustee or director, Officer
2$0
JOHN TANGNEYTRUSTEE
Trustee or director
1$0
MARY WHITNEYTRUSTEE
Trustee or director
1$0
ROBERT LAKETRUSTEE
Trustee or director
1$0
JOSEPH GILBOYTRUSTEE
Trustee or director
1$0
WILLIAM MURPHYTRUSTEE
Trustee or director
0$0
JAMES BROWNTRUSTEE
Trustee or director
0$0

Address and contacts

Address (IRS master file)
500 BLUE HILLS PKWY, MILTON, MA 02186-3103
Principal officer (990 for 2024)
JAMES CRONIN, 500 BLUE HILLS PARKWAY, MILTON, MA 02186
Signed the 990
JAMES CRONIN, TREASURER
Phone
(617) 696-9486
Return prepared by
GERALD T REILLY & COMPANY

Mission

TO PROVIDE ADEQUATE HOUSING FACILITIES ON A NON-PROFT BASIS FOR THE USE AND OCCUPANCY OF ELDERLY, AGED, OR HANDICAPPED PERSONS AND OTHER SERVICES SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THE ELDERLY, AGED AND HANDICAPPED AND TO PROMOTETHEIR HEALTH, SECURITY, HAPPINESS IN LONGER LIVING, THE CHARGES FOR SUCH HOUSING AND SERVICES INSOFAR AS CONTRIBUTIONS, BEQUESTS OR INCOME OF THE CORPORATION MAKE THIS POSSIBLE.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE ADEQUATE HOUSING FACILITIES FOR THE USE AND OCCUPANCY OF ELDERLY, AGED AND HANDICAPPED INDIVIDUALS.
    Expenses $1,828,944 · revenue $1,804,086

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2615699
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
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,505,481
Income (IRS master file)
$5,412,269

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,804,153$2,045,319$17,505,481XML
990December 2023$1,884,741$2,147,913$14,860,670XML
990December 2022$1,443,564$2,306,408$15,078,086XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 04-2615699).

Questions about HOUSING OPPORTUNITIES MILTON ELDERLY INC

What is the EIN of HOUSING OPPORTUNITIES MILTON ELDERLY INC?
The employer identification number (EIN) of HOUSING OPPORTUNITIES MILTON ELDERLY INC is 04-2615699.
Is HOUSING OPPORTUNITIES MILTON ELDERLY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to HOUSING OPPORTUNITIES MILTON ELDERLY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOUSING OPPORTUNITIES MILTON ELDERLY 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 HOUSING OPPORTUNITIES MILTON ELDERLY 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 HOUSING OPPORTUNITIES MILTON ELDERLY 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 HOUSING OPPORTUNITIES MILTON ELDERLY INC?
The 990 for the year ended December 31, 2024 names JAMES CRONIN.
Who are the officers and directors of HOUSING OPPORTUNITIES MILTON ELDERLY INC?
The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $49,600 (CHRIS KERRIGAN, EXECUTIVE DIRECTOR).
How much revenue does HOUSING OPPORTUNITIES MILTON ELDERLY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,804,153, expenses of $2,045,319 and total assets of $17,505,481 at year end.

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