Nonprofit · EIN 05-0503924
PRESIDENTIAL PLACE INC
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,028,813 | $951,827 | $76,986 | $2,894,239 | $103,764 | $2,790,475 |
| June 30, 2024 | 990 | $732,548 | $833,053 | -$100,505 | $2,865,919 | $152,430 | $2,713,489 |
| June 30, 2023 | 990 | $687,657 | $771,783 | -$84,126 | $2,928,989 | $114,995 | $2,813,994 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $734,948
- of which government grants
- $734,948
- Program service revenue
- $220,318
- Investment income
- $1,649
- Other revenue
- $71,898
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $738
- Accounting fees
- $18,982
- Occupancy
- $414,783
- Depreciation
- $144,126
- Program services (functional)
- $861,571
- Management and general (functional)
- $90,256
Balance sheet and other
- Total assets, start of year
- $2,865,919
- Total assets, end of year
- $2,894,239
- Total liabilities, end of year
- $103,764
- Net assets, end of year
- $2,790,475
- Land, buildings and equipment
- $2,281,646
- Net assets without donor restrictions
- $2,790,475
- Gross receipts
- $1,028,813
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1999
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| D MORGAN WILSON | DIR.,TREASURER/SECRETARY Trustee or director, Officer | 0.1 | $0 | $257,743 | $45,315 |
| THOMAS BUONOPANE | DIRECTOR, PRESIDENT Trustee or director, Officer | 0.1 | $0 | $247,012 | $44,553 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS BUONOPANE | DIRECTOR, PRESIDENT (AS OF 7/23) Trustee or director, Officer | 0.1 | $0 | $274,528 | $54,934 |
| D MORGAN WILSON | DIR.,TREASURER/SECRETARY(AS OF 7/23) Trustee or director, Officer | 0.1 | $0 | $272,963 | $51,030 |
| PHILLIP L CLAY | PRESIDENT (UNTIL 7/23) Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHILLIP L CLAY | PRESIDENT Trustee or director, Officer | 0.1 | $0 |
| SUSAN MCCANN UNTIL 7822 | VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 33 ARCH ST STE 1000, BOSTON, MA 02110-1442
- In care of
- % THE COMMUNITY BUILDERS INC
- Principal officer (990 for 2024)
- THOMAS BUONOPANE, 33 ARCH STREET STE 1000 10TH FL, BOSTON, MA 02110
- Signed the 990
- D MORGAN WILSON, TREASURER/SECRETARY
- Phone
- (857) 221-8600
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
TO CONSTRUCT OWN AND OPERATE 51 UNITS OF AFFORDABLE HOUSING FOR PERSONS OF LOW INCOME IN CRANSTON, RI.
Program accomplishments
- TO CONSTRUCT OWN AND OPERATE 51 UNITS OF AFFORDABLE HOUSING FOR PERSONS OF LOW INCOME IN CRANSTON, RI.Expenses $861,571 · revenue $292,216
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
- 05-0503924
- 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
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $2,894,239
- Income (IRS master file)
- $1,028,813
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,028,813 | $951,827 | $2,894,239 | IRS |
| 990 | June 2024 | $732,548 | $833,053 | $2,865,919 | XML |
| 990 | June 2023 | $687,657 | $771,783 | $2,928,989 | XML |
| 990 | June 2022 | $676,706 | $753,162 | $3,003,732 | 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 05-0503924).
Questions about PRESIDENTIAL PLACE INC
- What is the EIN of PRESIDENTIAL PLACE INC?
- The employer identification number (EIN) of PRESIDENTIAL PLACE INC is 05-0503924.
- Is PRESIDENTIAL PLACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to PRESIDENTIAL PLACE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRESIDENTIAL PLACE 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 PRESIDENTIAL PLACE 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 PRESIDENTIAL PLACE 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 PRESIDENTIAL PLACE INC?
- The 990 for the year ended June 30, 2025 names THOMAS BUONOPANE.
- Who are the officers and directors of PRESIDENTIAL PLACE INC?
- The 990 for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does PRESIDENTIAL PLACE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,028,813, expenses of $951,827 and total assets of $2,894,239 at year end.
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