Nonprofit · EIN 05-0544887
KEARNY SENIOR RESIDENCE INC
Tax-exempt · BLOOMFIELD, NJ 07003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $519,215 | $709,032 | -$189,817 | $3,822,117 | $166,449 | $3,655,668 |
| December 31, 2023 | 990 | $499,307 | $669,045 | -$169,738 | $4,016,874 | $172,097 | $3,844,777 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $518,412
- Investment income
- $720
- Other revenue
- $83
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $115,777
- Salaries, compensation and benefits (total)
- $142,738
- Professional fundraising fees
- $0
- Accounting fees
- $27,618
- Occupancy
- $110,090
- Depreciation
- $180,187
- Program services (functional)
- $504,519
- Management and general (functional)
- $204,513
Balance sheet and other
- Total assets, start of year
- $4,016,874
- Total assets, end of year
- $3,822,117
- Total liabilities, end of year
- $166,449
- Net assets, end of year
- $3,655,668
- Land, buildings and equipment
- $3,588,850
- Net assets without donor restrictions
- $3,655,668
- Gross receipts
- $519,215
- Employees
- 3
- Volunteers
- 0
- Year formed
- 2002
- State of legal domicile
- NJ
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN WESTERVELT | PRESIDENT AND TREASURER Trustee or director, Officer | 1 | $0 |
| HENRY AMOROSO | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| RICHARD MALAGIERE | TRUSTEE Trustee or director | 1 | $0 |
| REV MONSIGNOR RONALD ROZNIAK | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| J KENNETH PAGANO | TRUSTEE Trustee or director | 1 | $0 |
| ELIZABETH MCCLENDON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BROTHER BENEDICT LO BALBO | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN WESTERVELT | PRESIDENT AND TREASURER Trustee or director, Officer | 1 | $0 |
| HENRY AMOROSO | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| RICHARD MALAGIERE | TRUSTEE Trustee or director | 1 | $0 |
| REV MONSIGNOR RONALD ROZNIAK | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| J KENNETH PAGANO | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 264 BELLEVILLE AVE, BLOOMFIELD, NJ 07003-4382
- In care of
- % THE DOMUS CORPORATION
- Principal officer (990 for 2024)
- JOHN WESTERVELT, 590 NORTH 7TH STREET, NEWARK, NJ 07107
- Signed the 990
- JOHN WESTERVELT, PRESIDENT/TREASURER
- Phone
- (973) 596-5115
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE ORGANIZATION PROVIDES 50 UNITS OF RESIDENTIAL HOUSING FOR LOW-INCOME ELDERLY TENANTS.
Program accomplishments
- THE ORGANIZATION PROVIDES 50 UNITS OF RESIDENTIAL HOUSING FOR THE ELDERLY.Expenses $504,519 · revenue $518,412
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 05-0544887
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $3,822,117
- Income (IRS master file)
- $519,215
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $519,215 | $709,032 | $3,822,117 | XML |
| 990 | December 2023 | $499,307 | $669,045 | $4,016,874 | XML |
| 990 | December 2022 | $464,703 | $638,963 | $4,158,814 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 05-0544887).
Questions about KEARNY SENIOR RESIDENCE INC
- What is the EIN of KEARNY SENIOR RESIDENCE INC?
- The employer identification number (EIN) of KEARNY SENIOR RESIDENCE INC is 05-0544887.
- Is KEARNY SENIOR RESIDENCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to KEARNY SENIOR RESIDENCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KEARNY SENIOR RESIDENCE 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 KEARNY SENIOR RESIDENCE 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 KEARNY SENIOR RESIDENCE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KEARNY SENIOR RESIDENCE INC?
- The 990 for the year ended December 31, 2024 names JOHN WESTERVELT.
- Who are the officers and directors of KEARNY SENIOR RESIDENCE INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does KEARNY SENIOR RESIDENCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $519,215, expenses of $709,032 and total assets of $3,822,117 at year end.
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