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Nonprofit · EIN 04-2679253

437 ESSEX INC

Tax-exempt · BEVERLY, MA 01915

Financials

$928K$800K2023$924K$830K2024
Revenue Expenses · by fiscal year end
Financials of 437 ESSEX INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$924,158$830,391$93,767$4,913,764$1,023,473$3,890,291
June 30, 2024990$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.

NameTitleHours / weekCompensation
EDWARD POTVINEXECUTIVE DIRECTOR
Trustee or director
30$71,113
GERALD HALLPRESIDENT
Officer
0$0
GAIL HALLTREASURER
Officer
0$0
PETER ROYCLERK
Officer
0$0
J GERARD ROYDIRECTOR
Trustee or director
0$0
EDWARD LOMASNEYDIRECTOR
Trustee or director
0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
EDWARD POTVINEXECUTIVE DIRECTOR
Trustee or director
30$71,027
GERALD HALLPRESIDENT
Officer
0$0
GAIL HALLTREASURER
Officer
0$0
PETER ROYCLERK
Officer
0$0
J GERARD ROYDIRECTOR
Trustee or director
0$0
EDWARD LOMASNEYDIRECTOR
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

990 for the year ended June 30, 2025

Program accomplishments

  • Rentals of buildings and motor vehicles to exempt organizations providing day activity programs and residential programs to retarded adults
    Expenses $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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990June 2025$924,158$830,391$4,913,764XML
990June 2024$928,144$799,741$5,119,315XML
990June 2023$795,624$702,295$4,878,203IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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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