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Nonprofit · EIN 22-3094991

MONARCH HOUSING ASSOCIATES INC

Tax-exempt · CRANFORD, NJ 07016

Financials

$2.9M$2M2023$4.5M$2.5M2024$3.3M$2.8M2025
Revenue Expenses · by fiscal year end
Financials of MONARCH HOUSING ASSOCIATES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,283,707$2,830,355$453,352$4,958,951$574,646$4,384,305
December 31, 2024990$4,529,419$2,454,703$2,074,716$4,511,302$580,349$3,930,953
December 31, 2023990$2,897,955$1,951,107$946,848$2,514,232$657,995$1,856,237
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$565,489
of which government grants
$458,216
Program service revenue
$2,597,516
Investment income
$120,702
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$292,160
Other salaries and wages
$1,406,824
Salaries, compensation and benefits (total)
$2,116,099
Professional fundraising fees
$0
Legal fees
$5,965
Accounting fees
$27,375
Occupancy
$39,326
Travel
$26,143
Depreciation
$16,031
Program services (functional)
$2,343,001
Management and general (functional)
$421,318
Fundraising (functional)
$66,036

Balance sheet and other

Total assets, start of year
$4,511,302
Total assets, end of year
$4,958,951
Total liabilities, end of year
$574,646
Net assets, end of year
$4,384,305
Land, buildings and equipment
$645,594
Net assets without donor restrictions
$3,511,222
Net assets with donor restrictions
$873,083
Gross receipts
$3,283,707
Employees
27
Year formed
1990
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TAIISA KELLYCEO40$159,860$21,799
ASISH PATELCOO40$132,300$35,489
MARCUS RANDOLPHChairman
Trustee or director
0$0$0
LAVERNE WILLIAMSVice President
Trustee or director
2$0$0
LAURA RODGERSTreasurer
Trustee or director
0$0$0
SHARON COCKEYSecretary
Trustee or director
2$0$0
JENNIFER GALLAGHERTrustee
Trustee or director
2$0$0
MARYANNE GUENTHERTrustee
Trustee or director
2$0$0
ROBERT J KLEYTrustee
Trustee or director
2$0$0
MINOSKA MATEOTrustee
Trustee or director
2$0$0
DR TENDAI NDOROTrustee
Trustee or director
2$0$0
HASAN PRIDETrustee
Trustee or director
2$0$0
FLOYD J SLATENTrustee
Trustee or director
2$0$0
ZAKIYYAH WILSONTrustee
Trustee or director
2$0$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
TAIISA KELLYCEO
Trustee or director, Officer, Key employee, Highest-paid employee
40$151,512$21,016
MARCUS RANDOLPHCHAIRPERSON
Trustee or director, Officer
2$0$0
LAVERNE WILLIAMSVICE CHAIRPERSON
Trustee or director, Officer
2$0$0
LAURA RODGERSTREASURER
Trustee or director, Officer
2$0$0
SHARON COCKEYSECRETARY
Trustee or director, Officer
1$0$0
HARRY COETRUSTEE
Trustee or director
1$0$0
HASAN PRIDETRUSTEE
Trustee or director
1$0$0
ZAKIYYAH WILSONTRUSTEE
Trustee or director
1$0$0
MINOSKA MATEOTRUSTEE
Trustee or director
1$0$0
ROBERT J KLEYTRUSTEE
Trustee or director
1$0$0
MARYANNE GUENTHERTRUSTEE
Trustee or director
1$0$0
FLOYD J SLATENTRUSTEE
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
TAIISA KELLYCEO
Trustee or director, Officer, Key employee, Highest-paid employee
40$143,382$10,107
ROBERT J KLEYCHAIRPERSON
Trustee or director, Officer
2$0$0
LAVERNE WILLIAMSVICE CHAIRPERSON
Trustee or director, Officer
2$0$0
FLOYD J SLATENVICE CHAIRPERSON
Trustee or director, Officer
2$0$0
LAURA RODGERSTREASURER
Trustee or director, Officer
1$0$0
MARYANNE GUENTHERSECRETARY
Trustee or director
1$0$0
SHARON COCKEYTRUSTEE
Trustee or director
1$0$0
HARRY COETRUSTEE
Trustee or director
1$0$0
HASAN PRIDETRUSTEE
Trustee or director
1$0$0
MARCUs RANDOLPHTRUSTEE
Trustee or director
1$0$0
ZAKIYYAH WILSONTRUSTEE
Trustee or director
1$0$0
MINOSKA MATEOTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
226 NORTH AVE W, CRANFORD, NJ 07016-2127
Principal officer (990 for 2025)
TAIISA KELLY
Signed the 990
TAIISA KELLY, President & CEO
Phone
(908) 272-5363
Return prepared by
Logan & Bengal CPAs LLC

Mission

TO EXPAND THE SUPPLY, ACCESSIBILITY AND VARIETY OF AFFORDABLE, PERMANENT SUPPORTIVE HOUSING THROUGH DEVELOPMENT, PLANNING, ADVOCACY AND PARTNERSHIPS.

990 for the year ended December 31, 2025

Program accomplishments

  • ASSISTANCE TO COMMUNITIES ACROSS NEW JERSEY IN ORGANIZING, MONITORING AND SECURING FUNDING FOR HOMELESS PROGRAMS. SUPPORT IN EVALUATING PROGRESS TOWARDS ENDING HOMELESSNESS AND IDENTIFYING AND IMPLEMENTING BEST PRACTICES IN ENDING HOMELESSNESS.
    Expenses $1,449,585 · revenue $1,855,263
  • CONSULTING SERVICES IN CREATING AFFORDABLE AND SUPPORTIVE HOUSING. FINANCIAL CONSULTING AND NAVIGATION SUPPORT FOR DEVELOPERS TO HELP THEM SECURE FUNDING AND SUCCESSFULLY COMPLETE AFFORDABLE HOUSING DEVELOPMENT PROJECTS.
    Expenses $512,785 · revenue $742,022
  • ADVOCACY AND INFORMATION SHARING ON AFFORDABLE HOUSING AND HOMELESS SYSTEM GAPS AND NEEDS. WORKING WITH PARTNERS ACROSS THE STATE TO HELP INTEGRATE VOICES OF IMPACTED COMMUNITIES IN SOLUTION DEVELOPMENT, EDUCATE ON BEST PRACTICES, AND HIGHLIGHT SYSTEM NEEDS.
    Expenses $380,631 · revenue $107,273

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-3094991
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
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,958,951
Income (IRS master file)
$3,283,707

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,283,707$2,830,355$4,958,951XML
990December 2024$4,529,419$2,454,703$4,511,302XML
990December 2023$2,897,955$1,951,107$2,514,232XML
990December 2022$1,532,792$1,220,819$1,691,205IRS
990December 2021–––IRS
990December 2020–––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 22-3094991).

Questions about MONARCH HOUSING ASSOCIATES INC

What is the EIN of MONARCH HOUSING ASSOCIATES INC?
The employer identification number (EIN) of MONARCH HOUSING ASSOCIATES INC is 22-3094991.
Is MONARCH HOUSING ASSOCIATES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to MONARCH HOUSING ASSOCIATES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MONARCH HOUSING ASSOCIATES 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 MONARCH HOUSING ASSOCIATES INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MONARCH HOUSING ASSOCIATES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MONARCH HOUSING ASSOCIATES INC?
The 990 for the year ended December 31, 2025 names TAIISA KELLY.
Who are the officers and directors of MONARCH HOUSING ASSOCIATES INC?
The 990 for the year ended December 31, 2025 lists 14 people; 2 received compensation from the organization, the highest $159,860 (TAIISA KELLY, CEO).
How much revenue does MONARCH HOUSING ASSOCIATES INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,283,707, expenses of $2,830,355 and total assets of $4,958,951 at year end.

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