Nonprofit · EIN 04-3331491
AFFORDABLE HOUSING ASSOCIATES OF LYNN INC
Tax-exempt · LYNN, MA 01902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | -$71,533 | $102,796 | -$174,329 | $4,218,637 | $1,582,413 | $2,636,224 |
| June 30, 2024 | 990 | $454,190 | $121,617 | $332,573 | $4,351,572 | $1,541,019 | $2,810,553 |
| June 30, 2023 | 990 | $612,171 | $119,369 | $492,802 | $4,274,214 | $1,796,234 | $2,477,980 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $15,928
- of which government grants
- $15,919
- Program service revenue
- $0
- Investment income
- $5,458
- Net rental income
- -$92,919
- Other revenue
- -$92,919
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $66,742
- Salaries, compensation and benefits (total)
- $66,742
- Professional fundraising fees
- $0
- Accounting fees
- $27,849
- Management and general (functional)
- $102,796
Balance sheet and other
- Total assets, start of year
- $4,351,572
- Total assets, end of year
- $4,218,637
- Total liabilities, end of year
- $1,582,413
- Net assets, end of year
- $2,636,224
- Land, buildings and equipment
- $2,720,033
- Net assets without donor restrictions
- $2,636,224
- Gross receipts
- $287,717
- Employees
- 1
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 |
|---|---|---|---|
| ROBERT FERRARI | PRESIDENT Officer | – | $0 |
| MAGNOLIA CONTRERAS | VICE PRESIDE Officer | – | $0 |
| JANE KELLY | CLERK/TREASU Officer | – | $0 |
| NICK KOSTAN | DIRECTOR Trustee or director | – | $0 |
| PHIL CLIFFORD | DIRECTOR Trustee or director | – | $0 |
| COURTNEY SULLIVAN | DIRECTOR Trustee or director | – | $0 |
| JOBETH WILLIAMS | DIRECTOR Trustee or director | – | $0 |
| VINCENT CAPANO | DIRECTOR Trustee or director | – | $0 |
| JAMIE FLOYD | DIRECTOR Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT FERRARI | PRESIDENT Officer | – | $0 |
| MAGNOLIA CONTRERAS | VICE PRESIDE Officer | – | $0 |
| JANE KELLY | CLERK/TREASU Officer | – | $0 |
| NICK KOSTAN | DIRECTOR Trustee or director | – | $0 |
| PHIL CLIFFORD | DIRECTOR Trustee or director | – | $0 |
| COURTNEY SULLIVAN | DIRECTOR Trustee or director | – | $0 |
| JOBETH WILLIAMS | DIRECTOR Trustee or director | – | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT FERRARI | PRESIDENT Officer | – | $0 |
| MAGNOLIA CONTRERAS | VICE PRESIDE Officer | – | $0 |
| JANE KELLY | CLERK/TREASU Officer | – | $0 |
| NICK KOSTAN | DIRECTOR Trustee or director | – | $0 |
| PHIL CLIFFORD | DIRECTOR Trustee or director | – | $0 |
| COURTNEY SULLIVAN | DIRECTOR Trustee or director | – | $0 |
| JOBETH WILLIAMS | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 10 CHURCH ST, LYNN, MA 01902-4418
- Principal officer (990 for 2024)
- ROBERT FERRARI, 43 CLIFF STREET, LYNN, MA 01905
- Signed the 990
- ROBERT FERRARI, PRESIDENT
- Phone
- (781) 581-8603
- Return prepared by
- DEMAKIS INC CPA
Mission
PROVIDE AFFORDABLE HOUSING
Program accomplishments
- TO CREATE,DEVELOP, MAINTAIN OR FINANCE AFFORDABLE HOUSING FOR THE BENEFIT OF VERY LOW INCOME, LOW INCOME AND OTHER PERSONS IN NEED OF ASSISTANCE.
- TO CREATE,DEVELOP,MAINTAIN OR FINANCE AFFORDABLE HOUSING FOR THE BENEFIT OF VERY LOW INCOME,LOW INCOME AND OTHER PERSONS IN NEED OF ASSISTANCE.
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
- 04-3331491
- 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
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $4,218,637
- Income (IRS master file)
- $380,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | -$71,533 | $102,796 | $4,218,637 | XML |
| 990 | June 2024 | $454,190 | $121,617 | $4,351,572 | IRS |
| 990 | June 2023 | $612,171 | $119,369 | $4,274,214 | XML |
| 990 | June 2022 | $103,103 | $43,675 | $3,818,642 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 04-3331491).
Questions about AFFORDABLE HOUSING ASSOCIATES OF LYNN INC
- What is the EIN of AFFORDABLE HOUSING ASSOCIATES OF LYNN INC?
- The employer identification number (EIN) of AFFORDABLE HOUSING ASSOCIATES OF LYNN INC is 04-3331491.
- Is AFFORDABLE HOUSING ASSOCIATES OF LYNN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to AFFORDABLE HOUSING ASSOCIATES OF LYNN INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AFFORDABLE HOUSING ASSOCIATES OF LYNN 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 AFFORDABLE HOUSING ASSOCIATES OF LYNN 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 AFFORDABLE HOUSING ASSOCIATES OF LYNN 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 AFFORDABLE HOUSING ASSOCIATES OF LYNN INC?
- The 990 for the year ended June 30, 2025 names ROBERT FERRARI.
- Who are the officers and directors of AFFORDABLE HOUSING ASSOCIATES OF LYNN INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does AFFORDABLE HOUSING ASSOCIATES OF LYNN INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of -$71,533, expenses of $102,796 and total assets of $4,218,637 at year end.
Other nonprofits in LYNN
- LYNN SHELTER ASSOCIATION INC EIN 22-2603594 · last filed 990 for 2025
- CALEB FOUNDATION INC EIN 22-3205846 · last filed 990 for 2024
- THE CALEB GROUP INC EIN 04-3460139 · last filed 990 for 2024
- CALEB VILLAGE HEIGHTS FOUNDATION INC EIN 04-3276483 · last filed 990 for 2024
- CALEB DEVELOPMENT CORPORATION EIN 04-3365903 · last filed 990-PF for 2025
- CALEB HOUSING CORPORATION EIN 81-4497049 · last filed 990 for 2024
- KINGS LYNNE RESIDENTS COUNCIL INC EIN 04-2531626 · last filed 990 for 2025
- HOUSING OPPORTUNITIES & MANAGEMENT ENTERPRISES INC EIN 22-2982463 · last filed 990 for 2025
All nonprofits in LYNN · Massachusetts · Housing and shelter