Nonprofit · EIN 11-3338936
501 PROPERTIES LTD
Tax-exempt · SHIRLEY, NY 11967
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $49,250 | $72,551 | -$23,301 | $164,134 | $435,531 | -$271,397 |
| December 31, 2023 | 990-EZ | $45,000 | $78,132 | -$33,132 | $165,248 | $413,344 | -$248,096 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Investment income
- $49,250
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,300
- Occupancy
- $71,251
Balance sheet and other
- Total assets, start of year
- $165,248
- Total assets, end of year
- $164,134
- Total liabilities, end of year
- $435,531
- Net assets, end of year
- -$271,397
- Cash, savings and investments
- $606
- Land and buildings
- $153,092
- Gross receipts
- $49,250
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM HENNESSEY | PRESIDENT | 1 | $0 |
| KEVIN GLEASON | VICE-PRESIDENT | 1 | $0 |
| MARIA BEVINETTO | SECRETARY | 1 | $0 |
| JAMES MAZZARELLA | TREASURER | 1 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM HENNESSEY | PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 501 WILLIAM FLOYD PKWY, SHIRLEY, NY 11967-3416
- Signed the 990-EZ
- WILLIAM HENNESSEY, PRESIDENT
- Phone
- (631) 395-0600
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
Mission
TO PROVIDE RENTAL PROPERTY FOR TAX EXEMPT ORGANIZATIONS.
Program accomplishments
- TO PROVIDE RENTAL PROPERTY FOR TAX EXEMPT ORGANIZATIONS.
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 11-3338936
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $164,134
- Income (IRS master file)
- $49,250
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $49,250 | $72,551 | $164,134 | IRS |
| 990-EZ | December 2023 | $45,000 | $78,132 | $165,248 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | 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 11-3338936).
Questions about 501 PROPERTIES LTD
- What is the EIN of 501 PROPERTIES LTD?
- The employer identification number (EIN) of 501 PROPERTIES LTD is 11-3338936.
- Is 501 PROPERTIES LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1996.
- Are donations to 501 PROPERTIES LTD tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does 501 PROPERTIES LTD 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 501 PROPERTIES LTD 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 501 PROPERTIES LTD 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 501 PROPERTIES LTD?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does 501 PROPERTIES LTD have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $49,250, expenses of $72,551 and total assets of $164,134 at year end.
Other nonprofits in SHIRLEY
- BRIGHTER TOMORROWS INC EIN 11-2891967 · last filed 990 for 2024
- LOCAL 342 LONG ISLAND PUBLIC SERVICE EMPLOYEES UNITED MARINE DV EIN 13-2727100 · last filed 990 for 2024
- F A S JESUCRISTO VIVE INC EIN 85-1445827 · last filed 990 for 2025
- MINISTERIOS LLAMADA FINAL NEW YORK EIN 11-3468937 · last filed 990 for 2024
- ASSOCIATION OF INDIANS IN AMERICA INC EIN 23-7192936 · last filed 990 for 2024
- SNS F INC EIN 47-1922777
- COMMUNITY FAMILY LITERACY PROJECT EIN 11-3527596 · last filed 990-EZ for 2025
- JOHN S HOBART PARENT TEACHERORGANIZATION LTD EIN 20-5401575 · last filed 990-EZ for 2025