Nonprofit · EIN 04-2950316
MERRIMACK VALLEY HOUSING PARTNERSHIP INC
Tax-exempt · LOWELL, MA 01854
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $943,146 | $1,107,642 | -$164,496 | $2,700,292 | $842,396 | $1,857,896 |
| December 31, 2024 | 990 | $1,353,822 | $1,274,231 | $79,591 | $3,139,594 | $1,204,338 | $1,935,256 |
| December 31, 2023 | 990 | $675,757 | $524,967 | $150,790 | $1,751,432 | $6,181 | $1,745,251 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $783,657
- of which government grants
- $316,100
- Program service revenue
- $121,873
- Investment income
- $37,616
- Net gain from sales of assets
- -$1,137
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $147,151
- Other salaries and wages
- $308,635
- Salaries, compensation and benefits (total)
- $530,163
- Professional fundraising fees
- $0
- Accounting fees
- $40,260
- Occupancy
- $15,198
- Travel
- $3,084
- Depreciation
- $201,403
- Program services (functional)
- $674,982
- Management and general (functional)
- $237,310
- Fundraising (functional)
- $195,350
Balance sheet and other
- Total assets, start of year
- $3,133,192
- Total assets, end of year
- $2,700,292
- Total liabilities, end of year
- $842,396
- Net assets, end of year
- $1,857,896
- Land, buildings and equipment
- $498,095
- Publicly traded securities
- $719,769
- Net assets without donor restrictions
- $1,687,202
- Net assets with donor restrictions
- $170,694
- Gross receipts
- $1,038,704
- Employees
- 12
- Volunteers
- 105
- Year formed
- 1986
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Cathy Mercado | Executive Director Officer | 40 | $115,012 | $32,139 |
| Christine Martello | President Trustee or director, Officer | 2 | $0 | $0 |
| Francey Slater | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Bethany Watson | Clerk Trustee or director, Officer | 1 | $0 | $0 |
| Mercy Anampiu | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Mayte Ramos | Director Trustee or director | 1 | $0 | $0 |
| Carl W Howell | Director Trustee or director | 1 | $0 | $0 |
| Ann Ngeth | Director Trustee or director | 1 | $0 | $0 |
| Marisol Nobrega | Director Trustee or director | 1 | $0 | $0 |
| Kristina Vangos | Director Trustee or director | 1 | $0 | $0 |
| Germaine Vigeant-Trudel | Director Trustee or director | 1 | $0 | $0 |
| Joseph Lussier | Director Trustee or director | 1 | $0 | $0 |
| Maria McDuffie Clark | Director Trustee or director | 1 | $0 | $0 |
| Isabel Cruz | Director Trustee or director | 1 | $0 | $0 |
| Marianela Vazquez | Director Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paulette Renault-Caragianes | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHY MERCADO | EXECUTIVE DI Officer | 40 | $120,213 | $33,344 |
| PAULETTE RENAULT-CARAGIANES | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| MERCY ANAMPIU | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| BETHANY WATSON | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| FRANCEY SLATER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MAYTE RAMOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL BREDA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARL W HOWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANN NGETH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARISOL NOBREGA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANE SILVA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTINA VANGOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERMAINE VIGEANT-TRUDEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH LUSSIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIANA LAURENCE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTINE MARTELLO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIA MCDUFFIE CLARK | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHY MERCADO | EXECUTIVE DI Officer | 40 | $99,140 | $26,996 |
| PAULETTE RENAULT-CARAGIANES | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| MERCY ANAMPIU | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| BETHANY WATSON | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| FRANCEY SLATER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ZELMA LYONS-KHADAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAYTE RAMOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN BOLTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL BREDA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARL W HOWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANN NGETH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARISOL NOBREGA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SIBORIK ERIC PONN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VLADIMIR SALDANA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANE SILVA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTINA VANGOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERMAINE VIGEANT-TRUDEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH LUSSIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIANA LAWRENCE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTINE MCCALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIA CLARK MCDUFFIE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 664 MERRIMACK ST, LOWELL, MA 01854-3913
- Principal officer (990 for 2025)
- Francey Slater, 664 Merrimack Street, Lowell, MA 01854
- Signed the 990
- Francey Slater, Treasurer
- Phone
- (978) 459-8490
- Website
- www.MVHP.org
- Return prepared by
- Grassi Advisory Group Inc
Mission
To promote responsible and sustainable home ownership opportunities for low and moderate income earners by producing comprehensive training and counseling, as well as promoting the use of special mortgage products and down payment assistance programs.
Program accomplishments
- The Project Genesis home buyer training series is provided in English, Spanish, and Khmer, reaching >800 participants each year. More than 60% have incomes of 80% or less of the Area Median Income. Nearly 8,000 households have purchased their first home after completing the training.Expenses $674,982 · revenue $121,873
- For training series graduates, MVHP provides 1:1 home buyer counseling for no additional cost. This includes credit building, savings plans, building the team (agent, lender, inspector), and guidance on eligibility for programs such as down payment assistance and Section 8 to Homeownership.0
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 | 990 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
- 04-2950316
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $2,700,292
- Income (IRS master file)
- $1,038,704
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $943,146 | $1,107,642 | $2,700,292 | XML |
| 990 | December 2024 | $1,353,822 | $1,274,231 | $3,139,594 | IRS |
| 990 | December 2023 | $675,757 | $524,967 | $1,751,432 | XML |
| 990 | December 2022 | $631,649 | $462,890 | $1,472,655 | 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 04-2950316).
Questions about MERRIMACK VALLEY HOUSING PARTNERSHIP INC
- What is the EIN of MERRIMACK VALLEY HOUSING PARTNERSHIP INC?
- The employer identification number (EIN) of MERRIMACK VALLEY HOUSING PARTNERSHIP INC is 04-2950316.
- Is MERRIMACK VALLEY HOUSING PARTNERSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to MERRIMACK VALLEY HOUSING PARTNERSHIP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MERRIMACK VALLEY HOUSING PARTNERSHIP 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 MERRIMACK VALLEY HOUSING PARTNERSHIP INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MERRIMACK VALLEY HOUSING PARTNERSHIP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MERRIMACK VALLEY HOUSING PARTNERSHIP INC?
- The 990 for the year ended December 31, 2025 names Francey Slater.
- Who are the officers and directors of MERRIMACK VALLEY HOUSING PARTNERSHIP INC?
- The 990 for the year ended December 31, 2025 lists 16 people; 1 received compensation from the organization, the highest $115,012 (Cathy Mercado, Executive Director).
- How much revenue does MERRIMACK VALLEY HOUSING PARTNERSHIP INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $943,146, expenses of $1,107,642 and total assets of $2,700,292 at year end.
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All nonprofits in LOWELL · Massachusetts · Housing and shelter