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Nonprofit · EIN 05-0435537

JM APARTMENTS

Tax-exempt · PROVIDENCE, RI 02903

Financials

$115K$229K2022$115K$208K2023$156K$219K2024
Revenue Expenses · by fiscal year end
Financials of JM APARTMENTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$156,288$219,375-$63,087$1,080,050$2,545,496-$1,465,446
June 30, 2024990$115,183$207,871-$92,688$1,122,692$2,525,051-$1,402,359
June 30, 2023990$114,568$228,754-$114,186$1,182,553$2,492,224-$1,309,671
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$119,979
of which government grants
$119,979
Program service revenue
$34,590
Investment income
$313
Other revenue
$1,406

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$12,154
Occupancy
$41,098
Depreciation
$72,940
Program services (functional)
$170,417
Management and general (functional)
$48,958

Balance sheet and other

Total assets, start of year
$1,122,692
Total assets, end of year
$1,080,050
Total liabilities, end of year
$2,545,496
Net assets, end of year
-$1,465,446
Land, buildings and equipment
$971,493
Net assets without donor restrictions
-$1,465,446
Gross receipts
$156,288
Employees
0
Volunteers
7
Year formed
2007
State of legal domicile
RI

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 / weekCompensationFrom related orgsOther / benefits
Henry Sachs IIIPresident
Trustee or director, Officer
1$0$563,221$49,367
Scott DiChristoferoFormer Officer
Former
0$0$175,943$12,087
Jay BurdickDirector
Trustee or director
0.05$0$0$0
Nicole M CorbinSecretary
Trustee or director, Officer
0.05$0$0$0
Michael HoganDirector
Trustee or director
0.05$0$0$0
Pamela S LaBrecheVice Chair
Trustee or director, Officer
0.1$0$0$0
Robert ManciniChair
Trustee or director, Officer
0.05$0$0$0
Jospeh K SabettaTreasurer
Trustee or director, Officer
0.05$0$0$0
David WhiteDirector
Trustee or director
0.1$0$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
John FernandezDirector
Trustee or director
0.1$0$2,148,746$307,375
Henry Sachs III MDPresident
Trustee or director, Officer
0$0$767,743$35,240
Scott W DiChristoferoPresident-10/23
Officer
0.1$0$321,654$43,576
Jay BurdickDirector
Trustee or director
0.05$0$0$0
Nicole M CorbinSecretary
Trustee or director, Officer
0.05$0$0$0
Michael HoganDirector
Trustee or director
0.1$0$0$0
Pamela S LaBrecheV.Chair
Trustee or director, Officer
0.1$0$0$0
Robert ManciniChair
Trustee or director, Officer
0.05$0$0$0
Joseph K SabettaTreasurer
Trustee or director, Officer
0.1$0$0$0
David WhiteDirector
Trustee or director
0.1$0$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Scott W DiChristoferoPresident
Officer
0.1$0$194,035$52,490
Jay BurdickDirector
Trustee or director
0.05$0$0$0
Nicole M CorbinDirector
Trustee or director
0.05$0$0$0
John FernandezDirector
Trustee or director
0.1$0$0$0
Michael Furia JrDirector- 7/22
Trustee or director
0$0$0$0
Michael HoganDirector
Trustee or director
0.1$0$0$0
Pamela S LaBrecheV.Chair/Secty.
Trustee or director, Officer
0.1$0$0$0
Robert ManciniChairman
Trustee or director, Officer
0.05$0$0$0
Joseph K SabettaTreasurer
Trustee or director, Officer
0.1$0$0$0
David WhiteDirector
Trustee or director
0.1$0$0$0

Address and contacts

Address (IRS master file)
15 LASALLE SQUARE, PROVIDENCE, RI 02903-1814
Principal officer (990 for 2024)
Michael Dawson, 15 LaSalle Square, Providence, RI 02903
Signed the 990
Kevin Bickerstaff, Director of Finance
Phone
(401) 667-6502

Mission

JM Apartments (JM) is organized for charitable purposes to provide physically and mentally impaired persons with low-income housing facilities and access to services which are specifically designed to meet their physical, social, and physiological needs.

990 for the year ended June 30, 2025

Program accomplishments

  • To provide low-income housing and access to support services to people with physical and psychological challenges. JM has a total of 10 units in two locations in Central Falls, Rhode Island: 5 units located at 5-7 Echo Street and 5 units located at 135-137 Liberty Street. The occupancy rate was 86% during the fiscal year covered in this return. There were 500 vacant days among the 10 units during the fiscal year covered in this return. The waiting list as of 6/30/25 consisted of 35 individuals.
    Expenses $170,417 · revenue $34,590

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
05-0435537
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,080,050
Income (IRS master file)
$156,288

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$156,288$219,375$1,080,050IRS
990June 2024$115,183$207,871$1,122,692IRS
990June 2023$114,568$228,754$1,182,553XML
990June 2022$112,381$248,005$1,230,997IRS
990June 2021–––IRS
990June 2020–––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 05-0435537).

Questions about JM APARTMENTS

What is the EIN of JM APARTMENTS?
The employer identification number (EIN) of JM APARTMENTS is 05-0435537.
Is JM APARTMENTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to JM APARTMENTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does JM APARTMENTS 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 JM APARTMENTS 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 JM APARTMENTS 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 JM APARTMENTS?
The 990 for the year ended June 30, 2025 names Michael Dawson.
Who are the officers and directors of JM APARTMENTS?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does JM APARTMENTS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $156,288, expenses of $219,375 and total assets of $1,080,050 at year end.

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