Nonprofit · EIN 16-0950820
SEPP INC
Also known as KIME APTS AND MARION APTS
Tax-exempt · BINGHAMTON, NY 13905
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,993,204 | $1,148,977 | $844,227 | $9,642,243 | $952,684 | $8,689,559 |
| June 30, 2024 | 990 | $3,495,294 | $1,018,670 | $2,476,624 | $8,843,732 | $1,074,802 | $7,768,930 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $346,130
- of which government grants
- $346,130
- Program service revenue
- $1,471,117
- Investment income
- $124,376
- Net gain from sales of assets
- $20,280
- Other revenue
- $51,581
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $341,250
- Salaries, compensation and benefits (total)
- $403,901
- Professional fundraising fees
- $0
- Legal fees
- $4,581
- Accounting fees
- $12,484
- Occupancy
- $70,068
- Travel
- $3,250
- Depreciation
- $99,815
- Program services (functional)
- $654,157
- Management and general (functional)
- $494,820
Balance sheet and other
- Total assets, start of year
- $8,843,732
- Total assets, end of year
- $9,642,243
- Total liabilities, end of year
- $952,684
- Net assets, end of year
- $8,689,559
- Land, buildings and equipment
- $1,073,807
- Publicly traded securities
- $2,176,130
- Net assets without donor restrictions
- $8,689,559
- Gross receipts
- $1,993,204
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1984
- State of legal domicile
- NY
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 |
|---|---|---|---|---|---|
| JOHN BERNARDO | EXECUTIVE DIRECTOR (FORMER) Officer | 1 | $0 | $162,501 | $24,344 |
| LEN BASSO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID HARDER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL SCHOFIELD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JOHN MAURO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STACEY DUNCAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ETHAN COOK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER BARKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ALEX MCLAUGHLIN | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| SUSAN BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KEVIN MCLAUGHLIN | VICE CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 | $0 |
| RONALD KEIBEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER YONKOSKI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JIM HAYES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RONALD HARTING | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID HUGHES | DIRECTOR Trustee or director | 1 | $0 |
| PETER MACIAK | DIRECTOR Trustee or director | 1 | $0 |
| JULIE SWEET | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM GIBSON JR | DIRECTOR Trustee or director | 1 | $0 |
| LINDA MACDONALD | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS DELLAPENNA | CHAIRPERSON Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN BERNARDO | EXECUTIVE DIRECTOR Officer | 1 | $0 | $148,017 | $21,973 |
| LEN BASSO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID HARDER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL SCHOFIELD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JOHN MAURO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STACEY DUNCAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ETHAN COOK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER BARKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ALEX MCLAUGHLIN | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| SUSAN BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KEVIN MCLAUGHLIN | VICE CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 | $0 |
| RONALD KEIBEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER YONKOSKI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JIM HAYES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RONALD HARTING | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID HUGHES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PETER MACIAK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JULIE SWEET | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM GIBSON JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LINDA MACDONALD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS DELLAPENNA | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 53 FRONT ST, BINGHAMTON, NY 13905-4705
- In care of
- % SEPP INC
- Principal officer (990 for 2024)
- ERIC WILLIAMS, 53 FRONT STREET, BINGHAMTON, NY 13905
- Signed the 990
- ERIC WILLIAMS, ACCOUNTING MANAGER
- Phone
- (607) 723-8989
- Return prepared by
- EFPR ADVISORY LLC
Mission
PROVIDING LOW-INCOME HOUSING
Program accomplishments
- ACQUIRING REAL ESTATE FOR THE SOLE PURPOSE OF DEVELOPING LOW-INCOME HOUSING PROJECTS FOR THE ELDERLY.Expenses $654,157 · revenue $1,477,507
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
- 16-0950820
- 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
- 1969
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $9,642,243
- Income (IRS master file)
- $1,993,204
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $3,495,294 | $1,018,670 | $8,843,732 | IRS |
| 990 | June 2023 | $2,515,174 | $965,882 | $6,485,628 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about SEPP INC
- What is the EIN of SEPP INC?
- The employer identification number (EIN) of SEPP INC is 16-0950820.
- Is SEPP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to SEPP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SEPP 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 SEPP 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 SEPP 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 SEPP INC?
- The 990 for the year ended June 30, 2025 names ERIC WILLIAMS.
- Who are the officers and directors of SEPP INC?
- The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
- How much revenue does SEPP INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,993,204, expenses of $1,148,977 and total assets of $9,642,243 at year end.
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- METRO INTERFAITH HOUSING MANAGEMENT CORPORATION EIN 16-1116852 · last filed 990 for 2025
- SEPP DEVOLOPMENT FUND CORP EIN 16-1241738 · last filed 990 for 2025
- NATIONAL CHURCH RESIDENCES EIN 22-2804848 · last filed 990 for 2025
- METRO INTERFAITH SERVICES INCORPORATED EIN 16-6096436 · last filed 990 for 2024
- SEPP RURAL ELDERLY HOUSING INC EIN 16-1311568 · last filed 990 for 2025
All nonprofits in BINGHAMTON · New York · Housing and shelter