Nonprofit · EIN 04-2616099
WINTER VALLEY RESIDENCES INCORPORATED
Tax-exempt · MILTON, MA 02186
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,922,103 | $3,894,198 | $27,905 | $13,920,392 | $22,439,947 | -$8,519,555 |
| December 31, 2023 | 990 | $3,689,783 | $3,698,570 | -$8,787 | $15,540,627 | $22,500,711 | -$6,960,084 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,884,649
- Investment income
- $37,454
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $58,414
- Accounting fees
- $20,650
- Depreciation
- $477,895
- Program services (functional)
- $3,580,097
- Management and general (functional)
- $314,101
Balance sheet and other
- Total assets, start of year
- $15,540,627
- Total assets, end of year
- $13,920,392
- Total liabilities, end of year
- $22,439,947
- Net assets, end of year
- -$8,519,555
- Land, buildings and equipment
- $9,172,858
- Net assets without donor restrictions
- -$8,519,555
- Gross receipts
- $3,922,103
- Employees
- 0
- Volunteers
- 15
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W PAUL NEEDHAM | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MICHAEL BRADY | TRUSTEE Trustee or director | 0.3 | $0 |
| MARITTA M CRONIN | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| GEORGE GEARY | TREASURER Trustee or director, Officer | 0.5 | $0 |
| JOHN LOONEY MD | TRUSTEE Trustee or director | 0.3 | $0 |
| BRANCH LANE | TRUSTEE Trustee or director | 0.3 | $0 |
| EWALD CHARLES | TRUSTEE Trustee or director | 0.3 | $0 |
| CAROL SULLIVAN | TRUSTEE Trustee or director | 0.3 | $0 |
| MICHAEL SULLIVAN | TRUSTEE Trustee or director | 0.3 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W PAUL NEEDHAM | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MICHAEL BRADY | TRUSTEE Trustee or director | 0.3 | $0 |
| MARITTA M CRONIN | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| GEORGE GEARY | TREASURER Trustee or director, Officer | 0.5 | $0 |
| JOHN LOONEY MD | TRUSTEE Trustee or director | 0.3 | $0 |
| BRANCH LANE | TRUSTEE Trustee or director | 0.3 | $0 |
| EWALD CHARLES | TRUSTEE Trustee or director | 0.3 | $0 |
| CAROL SULLIVAN | TRUSTEE Trustee or director | 0.3 | $0 |
| MICHAEL SULLIVAN | TRUSTEE Trustee or director | 0.3 | $0 |
Address and contacts
- Address (IRS master file)
- 600 CANTON AVENUE, MILTON, MA 02186-3161
- Principal officer (990 for 2024)
- W PAUL NEEDHAM, 600 CANTON AVENUE, MILTON, MA 02186
- Signed the 990
- W PAUL NEEDHAM, PRESIDENT
- Phone
- (617) 698-3005
- Website
- MREINC.ORG/WINTER.HTML
- Return prepared by
- GERALD T REILLY & COMPANY
Mission
ENDEAVORS TO MEET THE NEEDS OF THE SENIORS-IN MILTON AND SURROUNDING COMMUNITIES- BY PROVIDING HOUSING AND SERVICES, WITH SENSITIVITY AND CARE AS A MEANS OF ASSURING THEIR WELL-BEING AND PRESERVING THEIR DIGNITY.
Program accomplishments
- TO OPERATE HOUSING FACILITIES FOR THE USE AND OCCUPANCY BY ELDERLY, AGED, OR HANDICAPPED; UNDER SECTION 207 OF THE NATIONAL HOUSING ACT AND SECTION 8 OF THE U.S. HOUSING ACT. PROVIDE, OPERATE AND MAINTAIN 144 INDEPENDENT LIVING UNITS AND 16 ASSISTED LIVING UNITS DURING THE YEAR.Expenses $3,580,097 · revenue $3,884,649
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
- 04-2616099
- 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
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21Z)
- Assets (IRS master file)
- $13,920,392
- Income (IRS master file)
- $3,922,103
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,922,103 | $3,894,198 | $13,920,392 | XML |
| 990 | December 2023 | $3,689,783 | $3,698,570 | $15,540,627 | XML |
| 990 | December 2022 | $3,707,352 | $3,031,520 | $15,634,471 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 04-2616099).
Questions about WINTER VALLEY RESIDENCES INCORPORATED
- What is the EIN of WINTER VALLEY RESIDENCES INCORPORATED?
- The employer identification number (EIN) of WINTER VALLEY RESIDENCES INCORPORATED is 04-2616099.
- Is WINTER VALLEY RESIDENCES INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to WINTER VALLEY RESIDENCES INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WINTER VALLEY RESIDENCES INCORPORATED 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 WINTER VALLEY RESIDENCES INCORPORATED 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 WINTER VALLEY RESIDENCES INCORPORATED 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 WINTER VALLEY RESIDENCES INCORPORATED?
- The 990 for the year ended December 31, 2024 names W PAUL NEEDHAM.
- Who are the officers and directors of WINTER VALLEY RESIDENCES INCORPORATED?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does WINTER VALLEY RESIDENCES INCORPORATED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,922,103, expenses of $3,894,198 and total assets of $13,920,392 at year end.
Other nonprofits in MILTON
- MILTON-FULLER HOUSING CORPORATION EIN 04-3362851 · last filed 990 for 2025
- HOUSING OPPORTUNITIES MILTON ELDERLY INC EIN 04-2615699 · last filed 990 for 2024
- WINTER VALLEY RESIDENCES II INC EIN 88-3665973 · last filed 990 for 2024
- CURRY COLLEGE EIN 04-2199867 · last filed 990 for 2025
- MILTON ACADEMY EIN 04-2103603 · last filed 990 for 2025
- LABOURE COLLEGE OF HEALTHCARE EIN 04-2134818 · last filed 990 for 2025
- WOLLASTON GOLF CLUB EIN 04-1983120 · last filed 990 for 2024
- BOARD OF REGENTS OF HIGHER ED MASS TCHRS ASSOC H & W FUND EIN 04-2901664 · last filed 990 for 2025
All nonprofits in MILTON · Massachusetts · Housing and shelter