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Nonprofit · EIN 04-2707590

HANOVER LEGION ELDERLY HOUSING CORP

Tax-exempt · BRAINTREE, MA 02184

Financials

$1.3M$1.1M2023$1.3M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of HANOVER LEGION ELDERLY HOUSING CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,295,838$1,124,187$171,651$3,048,978$2,999,694$49,284
December 31, 2023990$1,261,493$1,052,944$208,549$2,858,030$2,980,397-$122,367
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$836,568
of which government grants
$836,568
Program service revenue
$398,563
Investment income
$56,404
Other revenue
$4,303

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$15,505
Occupancy
$675,223
Depreciation
$77,740
Program services (functional)
$1,050,523
Management and general (functional)
$73,664

Balance sheet and other

Total assets, start of year
$2,858,030
Total assets, end of year
$3,048,978
Total liabilities, end of year
$2,999,694
Net assets, end of year
$49,284
Land, buildings and equipment
$1,829,604
Net assets without donor restrictions
$49,284
Gross receipts
$1,295,838
Employees
0
Volunteers
6
Year formed
1979
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 / weekCompensation
THOMAS BAILEYPRESIDENT/CLERK
Trustee or director, Officer
1$0
JOE SALVUCCITREASURER
Trustee or director, Officer
1$0
CHRISTINE ASHBURNDIRECTOR
Trustee or director
1$0
DONALD BUCKLEYDIRECTOR
Trustee or director
1$0
DONNA HANNIGANDIRECTOR
Trustee or director
1$0
CHUCK MERRITTDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
THOMAS BAILEYPRESIDENT
Trustee or director, Officer
1$0
JOE SALVUCCITREASURER
Trustee or director, Officer
1$0
CHRISTINE ASHBURNDIRECTOR
Trustee or director
1$0
DONALD BUCKLEYDIRECTOR
Trustee or director
1$0
DONNA HANNIGANDIRECTOR
Trustee or director
1$0
CHUCK MERRITTDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
CO CORCORAN MGMT 100 GRANDVIEW RD, BRAINTREE, MA 02184-0000
Principal officer (990 for 2024)
THOMAS BAILEY, C/O CORCORAN MGMT 100 GRANDVIEW RD, BRAINTREE, MA 02184
Signed the 990
THOMAS BAILEY, PRESIDENT
Phone
(781) 849-0011
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE SIXTY RENTAL UNITS OF HOUSING ON A NON-PROFIT BASIS FOR ELDERLY PERSONS TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDES HOUSING FOR ELDERLY PERSONS WITH LOW INCOME TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.
    Expenses $1,050,523 · revenue $402,866

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
04-2707590
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
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,048,978
Income (IRS master file)
$1,295,838

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,295,838$1,124,187$3,048,978XML
990December 2023$1,261,493$1,052,944$2,858,030XML
990December 2022$1,205,924$1,095,561$2,711,661IRS
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 04-2707590).

Questions about HANOVER LEGION ELDERLY HOUSING CORP

What is the EIN of HANOVER LEGION ELDERLY HOUSING CORP?
The employer identification number (EIN) of HANOVER LEGION ELDERLY HOUSING CORP is 04-2707590.
Is HANOVER LEGION ELDERLY HOUSING CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to HANOVER LEGION ELDERLY HOUSING CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HANOVER LEGION ELDERLY HOUSING CORP 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 HANOVER LEGION ELDERLY HOUSING CORP 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 HANOVER LEGION ELDERLY HOUSING CORP 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 HANOVER LEGION ELDERLY HOUSING CORP?
The 990 for the year ended December 31, 2024 names THOMAS BAILEY.
Who are the officers and directors of HANOVER LEGION ELDERLY HOUSING CORP?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does HANOVER LEGION ELDERLY HOUSING CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,295,838, expenses of $1,124,187 and total assets of $3,048,978 at year end.

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