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Nonprofit · EIN 04-3230028

FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II

Tax-exempt · FRAMINGHAM, MA 01702

Financials

$188K$160K2023$255K$386K2024
Revenue Expenses · by fiscal year end
Financials of FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$255,305$386,471-$131,166$3,871,895$2,283,066$1,588,829
December 31, 2023990$188,215$160,467$27,748$1,979,064$259,069$1,719,995
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$255,224
Investment income
$67
Other revenue
$14

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,496
Accounting fees
$13,141
Occupancy
$157,579
Depreciation
$83,373
Program services (functional)
$371,834
Management and general (functional)
$14,637

Balance sheet and other

Total assets, start of year
$1,979,064
Total assets, end of year
$3,871,895
Total liabilities, end of year
$2,283,066
Net assets, end of year
$1,588,829
Land, buildings and equipment
$3,248,589
Net assets without donor restrictions
$1,588,829
Gross receipts
$255,305
Employees
0
Volunteers
5
Year formed
1993
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 / weekCompensationFrom related orgsOther / benefits
PAUL LANDERSEECUTIVE DIRECTOR
Officer
1$0$181,323$33,846
STEPHEN JOYEECHAIRMAN
Trustee or director, Officer
1$0$0$0
JANICE M ROGERSVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
ROBERT L MERUSITREASURER
Trustee or director, Officer
1$0$0$0
ROBERT DOWNINGASSISTANT TREASURER
Trustee or director, Officer
1$0$0$0
ROBERTA ROBERTIMEMBER
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JANET LEOMBRUNOCHAIRMAN
Trustee or director, Officer
1$0
JANICE M ROGERSVICE CHAIRMAN
Trustee or director, Officer
1$0
ROBERT L MERUSITREASURER
Trustee or director, Officer
1$0
STEPHEN JOYEEASSISTANT TREASURER
Trustee or director, Officer
1$0
ROBERTA ROBERTIMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1 JOHN J BRADY DR, FRAMINGHAM, MA 01702-2307
Principal officer (990 for 2024)
STEPHEN JOYCE, 1 JOHN J BRADY DRIVE, FRAMINGHAM, MA 01702
Signed the 990
STEPHEN JOYCE, CHAIRMAN
Phone
(508) 879-7562
Return prepared by
CBIZ ADVISORS LLC

Mission

LOW INCOME HOUSING RENTALS

990 for the year ended December 31, 2024

Program accomplishments

  • FHDC II WAS ESTABLISHED TO PROVIDE HOUSING AND ASSISTANCE TO LOW AND MODERATE-INCOME FAMILIES IN THE TOWN OF FRAMINGHAM. ASSISTED 12 FAMILIES DURING 2024.
    Expenses $225,826 · revenue $184,057
  • CARLSON CROSSING NORTH LLC WAS ESTABLISHED TO PROVIDE HOUSING AND ASSISTANCE TO EXTREMELY LOW AND LOW INCOME HANDICAP FAMILIES IN THE TOWN OF FRAMINGHAM. ASSISTED 3 FAMILIES DURING 2024.
    Expenses $146,008 · revenue $71,181

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
04-3230028
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,871,895
Income (IRS master file)
$255,305

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$255,305$386,471$3,871,895XML
990December 2023$188,215$160,467$1,979,064XML
990December 2022$188,258$198,812$2,627,246IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 04-3230028).

Questions about FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II

What is the EIN of FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II?
The employer identification number (EIN) of FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II is 04-3230028.
Is FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II 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 FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II 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 FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II 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 FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II?
The 990 for the year ended December 31, 2024 names STEPHEN JOYCE.
Who are the officers and directors of FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does FRAMINGHAM HOUSING DEVELOPMENT CORPORATION II have?
On its 990 for the year ended December 31, 2024 it reported revenue of $255,305, expenses of $386,471 and total assets of $3,871,895 at year end.

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