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Nonprofit · EIN 04-3265740

YHC INC

Tax-exempt · NEWBURYPORT, MA 01950

Financials

$154K$169K2023$141K$155K2024
Revenue Expenses · by fiscal year end
Financials of YHC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$141,329$155,165-$13,836$120,920$1,408$119,512
December 31, 2023990-EZ$153,801$169,290-$15,489$133,348$0$133,348
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$32,323
Program service revenue
$98,523
Investment income
$1,577
Net income from fundraising events
$8,906

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,230
Occupancy
$4,200
Other expenses
$149,735
Program services (functional)
$133,125

Balance sheet and other

Total assets, start of year
$133,348
Total assets, end of year
$120,920
Total liabilities, end of year
$1,408
Net assets, end of year
$119,512
Cash, savings and investments
$114,823
Land and buildings
$6,097
Gross receipts
$147,225

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Dennis PalazzoPresident2$0
Jason LacroixVice President2$0
Lucien LacroixTreasurer2$0
Brittany VervilleClerk2$0
Richard EatonDirector2$0
Diane DrinanDirector2$0
Jennifer DugganDirector2$0
Judy LacroixDirector2$0
Paul BusheyDirector2$0
Gary DavisDirector2$0
Jennifer LacroixDirector2$0
Alysha RobitailleDirector2$0
990-EZ for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Dennis PalazzoPresident2$0
Jason LacroixVice President2$0
Cheryl MunickVice President2$0
Lucien LacroixTreasurer2$0
Brittany VervilleClerk2$0
Richard EatonDirector2$0
Diane DrinanDirector2$0
Jennifer DugganDirector2$0
Judy LacroixDirector2$0
Paul BusheyDirector2$0
Gary DavisDirector2$0
Jennifer LacroixDirector2$0
Alysha RobitailleDirector2$0

Address and contacts

Address (IRS master file)
C/O LUCIEN LACROIX 14 HILL STREET R, NEWBURYPORT, MA 01950-0000
In care of
% LUCIEN R LACROIX CPA
Signed the 990-EZ
Lucien Lacroix, Treasurer
Phone
(978) 462-2608
Return prepared by
FRITZ DEGUGLIELMO LLC

Mission

Promote Newburyport as a cultural, educational and tourist center.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • To promote Newburyport as a cultural, educational and tourist center. These programs serve roughly 10,000 people.
    Expenses $133,125

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
04-3265740
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
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$120,920
Income (IRS master file)
$147,225

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$141,329$155,165$120,920XML
990-EZDecember 2023$153,801$169,290$133,348XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 04-3265740).

Questions about YHC INC

What is the EIN of YHC INC?
The employer identification number (EIN) of YHC INC is 04-3265740.
Is YHC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to YHC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YHC 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 YHC INC 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 YHC INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of YHC INC?
The 990-EZ for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does YHC INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $141,329, expenses of $155,165 and total assets of $120,920 at year end.

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