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Nonprofit · EIN 04-3247717

NHA PROPERTIES INC

Tax-exempt · NANTUCKET, MA 02554

Financials

$3.5M$1.3M2022$5.5M$1.4M2023$7.4M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of NHA PROPERTIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,406,029$2,235,938$5,170,091$36,502,344$9,441,840$27,060,504
June 30, 2024990$5,545,107$1,366,425$4,178,682$31,956,393$10,095,629$21,860,764
June 30, 2023990$3,495,787$1,298,054$2,197,733$26,732,122$9,086,750$17,645,372
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,808,559
of which government grants
$3,503,956
Program service revenue
$1,063,798
Investment income
$536,459
Net gain from sales of assets
$443,206
Net income from fundraising events
-$9,087
Other revenue
-$2,787

Expenses

Grants and similar amounts paid
$364,750
Compensation of officers, directors and key employees
$185,355
Other salaries and wages
$305,551
Salaries, compensation and benefits (total)
$586,617
Professional fundraising fees
$0
Legal fees
$760
Accounting fees
$24,435
Occupancy
$62,925
Depreciation
$539,269
Program services (functional)
$1,880,004
Management and general (functional)
$243,912
Fundraising (functional)
$112,022

Balance sheet and other

Total assets, start of year
$31,956,393
Total assets, end of year
$36,502,344
Total liabilities, end of year
$9,441,840
Net assets, end of year
$27,060,504
Land, buildings and equipment
$32,667,710
Publicly traded securities
$615,255
Net assets without donor restrictions
$25,479,134
Net assets with donor restrictions
$1,581,370
Gross receipts
$9,055,524
Employees
5
Volunteers
0
Year formed
1994
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 / weekCompensationOther / benefits
ANNE KUSZPAEXECUTIVE DIRECTOR
Officer
40$185,355$29,749
PETER T KAIZERPRESIDENT
Trustee or director, Officer
1$0$0
STACY G MONTESVICE PRESIDENT
Trustee or director, Officer
1$0$0
PAUL A WOLF JRTREASURER
Trustee or director, Officer
1$0$0
ROBERT LIDDLECLERK
Trustee or director, Officer
1$0$0
BERTYL V JOHNSONDIRECTOR
Trustee or director
1$0$0
DOBRIMIR SULTANOVDIRECTOR
Trustee or director
1$0$0
ROSE MARIE SAMUELSDIRECTOR
Trustee or director
1$0$0
LILIANA KOVACEVICDIRECTOR
Trustee or director
1$0$0
EILEEN TAVERASDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
ANNE KUSZPAEXECUTIVE DIRECTOR
Officer
40$175,000$34,268
PETER T KAIZERPRESIDENT
Trustee or director, Officer
1$0$0
STACY G MONTESVICE PRESIDENT
Trustee or director, Officer
1$0$0
PAUL A WOLF JRTREASURER
Trustee or director, Officer
1$0$0
ROBERT LIDDLECLERK
Trustee or director, Officer
1$0$0
BERTYL V JOHNSONDIRECTOR
Trustee or director
1$0$0
DOBRIMIR SULTANOVDIRECTOR
Trustee or director
1$0$0
ROSE MARIE SAMUELSDIRECTOR
Trustee or director
1$0$0
LILIANA KOVACEVICDIRECTOR
Trustee or director
1$0$0
EILLEN TAVERASDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
ANNE KUSZPAEXECUTIVE DIRECTOR
Officer
40$137,418$4,510
PETER T KAIZERPRESIDENT
Trustee or director, Officer
1$0$0
STACY G MONTESVICE PRESIDENT
Trustee or director, Officer
1$0$0
PAUL A WOLF JRTREASURER
Trustee or director, Officer
1$0$0
ROBERT LIDDLECLERK
Trustee or director, Officer
1$0$0
BERTYL V JOHNSONDIRECTOR
Trustee or director
1$0$0
DOBRIMIR SULTANOVDIRECTOR
Trustee or director
1$0$0
ROSE MARIE SAMUELSDIRECTOR
Trustee or director
1$0$0
LILIANA KOVACEVICDIRECTOR
Trustee or director
1$0$0
EILLEN TAVERASDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
75 OLD SOUTH RD, NANTUCKET, MA 02554-2821
In care of
% ANNE KUSZPA
Principal officer (990 for 2024)
PAUL A WOLF JR, 75 OLD SOUTH ROAD, NANTUCKET, MA 02554
Signed the 990
PAUL A WOLF JR, TREASURER
Phone
(508) 228-4422
Return prepared by
BOLLUS LYNCH LLP

Mission

PROVIDE SAFE, SANITARY, AND SUITABLE LIVING ACCOMMODATIONS FOR LOW, MODERATE, AND MIDDLE INCOME PERSONS WITHIN NANTUCKET COUNTY.

990 for the year ended June 30, 2025

Program accomplishments

  • THE AFFORDABLE RENTAL PROGRAM AND HOUSE RECYCLING PROGRAM - THE AFFORDABLE RENTAL PROGRAM IS A SCATTERED SITE PROGRAM OF AFFORDABLE YEAR-ROUND RENTAL HOMES AVAILABLE TO LOW, MODERATE AND MIDDLE-INCOME NANTUCKET RESIDENTS. MOST OF THESE HOMES HAVE BEEN DEVELOPED THROUGH THE HOUSE RECYCLING PROGRAM, AND SOME WERE NEWLY CONSTRUCTED. HOUSE RECYCLING IS AN INNOVATIVE AND COST-EFFECTIVE PROGRAM WHERE PRIVATE INDIVIDUALS DONATE UNWANTED BUT STRUCTURALLY SOUND DWELLINGS TO HOUSING NANTUCKET (HN). HN RELOCATES BUILDINGS TO HN'S LAND, WHICH IS PERMANENTLY DEED-RESTRICTED FOR AFFORDABLE HOUSING PURPOSES. THEN HN REHABILITATES AND RENTS THE DWELLINGS AT AFFORDABLE RATES TO INCOME-QUALIFIED YEAR-ROUND NANTUCKET RESIDENTS. DWELLINGS RANGE FROM ONE-BEDROOM COTTAGES TO FOUR-BEDROOM HOMES. PROPERTIES ARE REGULARLY INSPECTED AND MAINTAINED TO ENSURE QUALITY LIVING ENVIRONMENTS FOR TENANTS.
    Expenses $1,286,245 · revenue $1,029,863
  • THE NANTUCKET HOUSING NEEDS COVENANT PROGRAM - (THE COVENANT PROGRAM) CREATES SCATTERED SITE, MIDDLE INCOME HOME-OWNERSHIP OPPORTUNITIES. TO INCENTIVIZE THE INITIAL CREATION OF A COVENANT HOME, PRIVATE PROPERTY OWNERS ARE ALLOWED ZONING RELIEF WHICH ENABLES THEM TO SELL A PORTION OF THEIR LAND THAT IS OTHERWISE NOT SUB-DIVIDABLE. IN EXCHANGE, THE OWNERS RECORD A DEED RESTRICTION WHICH PERMANENTLY RESTRICTS OWNERSHIP TO QUALIFIED YEAR-ROUND ISLANDERS. COVENANT HOME PURCHASERS MUST BE YEAR-ROUND RESIDENTS EARNING LESS THAN 150% OF THE AREA MEDIAN INCOME. THE TRANSACTION PRICE OF A COVENANT HOME MUST BE BELOW THE MAXIMUM SALE PRICE, WHICH IS RESET ANNUALLY AND DETERMINED BY AN AFFORDABILITY FORMULA. COVENANT HOMEOWNERS ARE SUBJECT TO A RESIDENCY/OCCUPANCY REQUIREMENT AS WELL AS RESALE RESTRICTIONS.
    Expenses $79,073 · revenue $25,451
  • HOUSING NANTUCKET LEASE TO LOCALS PROGRAM - PROVIDES INCENTIVE TO LOCAL LANDLORDS TO LEASE THEIR PROPERTIES TO QUALIFIED LOCAL RESIDENTS.
    Expenses $497,625 · grants $364,750
  • Expenses $17,061 · revenue $14,784

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
04-3247717
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
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,502,344
Income (IRS master file)
$9,055,524

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,406,029$2,235,938$36,502,344IRS
990June 2024$5,545,107$1,366,425$31,956,393IRS
990June 2023$3,495,787$1,298,054$26,732,122XML
990June 2022$2,237,265$1,027,375$19,174,411IRS
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 04-3247717).

Questions about NHA PROPERTIES INC

What is the EIN of NHA PROPERTIES INC?
The employer identification number (EIN) of NHA PROPERTIES INC is 04-3247717.
Is NHA PROPERTIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to NHA PROPERTIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NHA PROPERTIES 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 NHA PROPERTIES 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 NHA PROPERTIES 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 NHA PROPERTIES INC?
The 990 for the year ended June 30, 2025 names PAUL A WOLF JR.
Who are the officers and directors of NHA PROPERTIES INC?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $185,355 (ANNE KUSZPA, EXECUTIVE DIRECTOR).
How much revenue does NHA PROPERTIES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,406,029, expenses of $2,235,938 and total assets of $36,502,344 at year end.

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