Nonprofit · EIN 04-3240183
NEIGHBORHOOD DEVELOPMENT ASSOCIATES INC
Tax-exempt · LYNN, MA 01902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $166,936 | $267,454 | -$100,518 | $10,190,628 | $4,602,876 | $5,587,752 |
| June 30, 2024 | 990 | $325,376 | $618,310 | -$292,934 | $10,178,056 | $4,489,786 | $5,688,270 |
| June 30, 2023 | 990 | $2,937,689 | $2,989,554 | -$51,865 | $10,339,093 | $4,357,889 | $5,981,204 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,100
- Program service revenue
- $0
- Investment income
- $138,374
- Net rental income
- -$177,802
- Other revenue
- $27,462
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $82,658
- Salaries, compensation and benefits (total)
- $82,658
- Professional fundraising fees
- $0
- Accounting fees
- $62,943
- Depreciation
- $4,403
- Program services (functional)
- $16,438
- Management and general (functional)
- $251,016
Balance sheet and other
- Total assets, start of year
- $10,178,056
- Total assets, end of year
- $10,190,628
- Total liabilities, end of year
- $4,602,876
- Net assets, end of year
- $5,587,752
- Land, buildings and equipment
- $3,355,600
- Net assets without donor restrictions
- $5,587,752
- Gross receipts
- $852,238
- Employees
- 0
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 |
|---|---|---|---|
| PAUL DEJOIE | CLERK Officer | – | $0 |
| WASCAR DELEON | VICE CHAIRPE Officer | – | $0 |
| CHRISTINE NEWHALL | CHAIRPERSON Officer | – | $0 |
| JOSEPH SCANLON | TREASURER Officer | – | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD BURKE | CLERK Officer | – | $0 |
| WASCAR DELEON | VICE CHAIRPE Officer | – | $0 |
| CHRISTINE NEWHALL | CHAIRPERSON Officer | – | $0 |
| JOSEPH SCANLON | TREASURER Officer | – | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD BURKE | CLERK Officer | – | $0 |
| WASCAR DELEON | VICE CHAIRPE Officer | – | $0 |
| CHRISTINE NEWHALL | CHAIRPERSON Officer | – | $0 |
| JOSEPH SCANLON | TREASURER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 10 CHURCH ST, LYNN, MA 01902-4418
- In care of
- % ANN REDDY
- Principal officer (990 for 2024)
- CHRISTINE NEWHALL, 31 KENT ROAD, LYNN, MA 01904
- Signed the 990
- CHRISTINE NEWHALL, CHAIRPERSON
- Phone
- (781) 477-2800
- Return prepared by
- DEMAKIS INC CPA
Mission
BLDG HOMES FOR LOW TO MODERATE INCOME BUYERS
Program accomplishments
- THE ORGANIZATION ACQUIRES PROPERTY THAT IS LOCATED IN LOW-MODERATE INCOME NEIGHBORHOODS THEY BUILD HOMES AND SELL TO LOW INCOME FAMILIESExpenses $12,035
- THE ORGANIZATION ACQUIRES PROPERTY THAT IS LOCATED IN LOW-MODERATE INCOME NEIGHBORHOODS THEY BUILD HOMES AND SELL TO LOW INCOME FAMILIESExpenses $4,403
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
- 04-3240183
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L99)
- Assets (IRS master file)
- $10,190,628
- Income (IRS master file)
- $852,238
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $166,936 | $267,454 | $10,190,628 | XML |
| 990 | June 2024 | $325,376 | $618,310 | $10,178,056 | IRS |
| 990 | June 2023 | $2,937,689 | $2,989,554 | $10,339,093 | XML |
| 990 | June 2022 | $2,444,717 | $264,144 | $7,920,138 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 04-3240183).
Questions about NEIGHBORHOOD DEVELOPMENT ASSOCIATES INC
- What is the EIN of NEIGHBORHOOD DEVELOPMENT ASSOCIATES INC?
- The employer identification number (EIN) of NEIGHBORHOOD DEVELOPMENT ASSOCIATES INC is 04-3240183.
- Is NEIGHBORHOOD DEVELOPMENT ASSOCIATES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to NEIGHBORHOOD DEVELOPMENT ASSOCIATES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEIGHBORHOOD DEVELOPMENT ASSOCIATES 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 NEIGHBORHOOD DEVELOPMENT ASSOCIATES 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 NEIGHBORHOOD DEVELOPMENT ASSOCIATES 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 NEIGHBORHOOD DEVELOPMENT ASSOCIATES INC?
- The 990 for the year ended June 30, 2025 names CHRISTINE NEWHALL.
- Who are the officers and directors of NEIGHBORHOOD DEVELOPMENT ASSOCIATES INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does NEIGHBORHOOD DEVELOPMENT ASSOCIATES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $166,936, expenses of $267,454 and total assets of $10,190,628 at year end.
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