Nonprofit · EIN 04-2679253
437 ESSEX INC
Tax-exempt · BEVERLY, MA 01915
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $924,158 | $830,391 | $93,767 | $4,913,764 | $1,023,473 | $3,890,291 |
| June 30, 2024 | 990 | $928,144 | $799,741 | $128,403 | $5,119,315 | $1,361,346 | $3,757,969 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $14,150
- Program service revenue
- $912,072
- Investment income
- -$2,064
- Net gain from sales of assets
- -$8,466
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $71,114
- Other salaries and wages
- $81,751
- Salaries, compensation and benefits (total)
- $171,544
- Professional fundraising fees
- $0
- Legal fees
- $9,000
- Accounting fees
- $16,000
- Depreciation
- $382,942
- Program services (functional)
- $758,273
- Management and general (functional)
- $72,118
Balance sheet and other
- Total assets, start of year
- $5,119,315
- Total assets, end of year
- $4,913,764
- Total liabilities, end of year
- $1,023,473
- Net assets, end of year
- $3,890,291
- Land, buildings and equipment
- $4,455,308
- Publicly traded securities
- $340,450
- Net assets without donor restrictions
- $3,890,291
- Gross receipts
- $967,124
- Employees
- 2
- Volunteers
- 2
- Year formed
- 1978
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD POTVIN | EXECUTIVE DIRECTOR Trustee or director | 30 | $71,113 |
| GERALD HALL | PRESIDENT Officer | 0 | $0 |
| GAIL HALL | TREASURER Officer | 0 | $0 |
| PETER ROY | CLERK Officer | 0 | $0 |
| J GERARD ROY | DIRECTOR Trustee or director | 0 | $0 |
| EDWARD LOMASNEY | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD POTVIN | EXECUTIVE DIRECTOR Trustee or director | 30 | $71,027 |
| GERALD HALL | PRESIDENT Officer | 0 | $0 |
| GAIL HALL | TREASURER Officer | 0 | $0 |
| PETER ROY | CLERK Officer | 0 | $0 |
| J GERARD ROY | DIRECTOR Trustee or director | 0 | $0 |
| EDWARD LOMASNEY | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 437 ESSEX ST, BEVERLY, MA 01915-1311
- Principal officer (990 for 2024)
- Gail Hall, 437 ESSEX STREET, BEVERLY, MA 01915
- Signed the 990
- EDWARD POTVIN, EXECUTIVE DIRECTOR
- Phone
- (978) 927-5326
- Return prepared by
- BERNARD JOHNSON & COMPANY PC
Mission
Rental to other exempt organization
Program accomplishments
- Rentals of buildings and motor vehicles to exempt organizations providing day activity programs and residential programs to retarded adultsExpenses $758,273 · revenue $912,072
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2679253
- 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
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,913,764
- Income (IRS master file)
- $967,124
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $924,158 | $830,391 | $4,913,764 | XML |
| 990 | June 2024 | $928,144 | $799,741 | $5,119,315 | XML |
| 990 | June 2023 | $795,624 | $702,295 | $4,878,203 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 04-2679253).
Questions about 437 ESSEX INC
- What is the EIN of 437 ESSEX INC?
- The employer identification number (EIN) of 437 ESSEX INC is 04-2679253.
- Is 437 ESSEX INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to 437 ESSEX INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 437 ESSEX 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 437 ESSEX INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did 437 ESSEX INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of 437 ESSEX INC?
- The 990 for the year ended June 30, 2025 names Gail Hall.
- Who are the officers and directors of 437 ESSEX INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $71,113 (EDWARD POTVIN, EXECUTIVE DIRECTOR).
- How much revenue does 437 ESSEX INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $924,158, expenses of $830,391 and total assets of $4,913,764 at year end.
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