Nonprofit · EIN 22-3205846
CALEB FOUNDATION INC
Tax-exempt · LYNN, MA 01904
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,366,668 | $2,097,202 | $3,269,466 | $37,927,715 | $5,720,701 | $32,207,014 |
| December 31, 2023 | 990 | $4,176,591 | $1,611,260 | $2,565,331 | $34,753,575 | $6,063,919 | $28,689,656 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $914,160
- of which government grants
- $253,985
- Program service revenue
- $3,336,408
- Investment income
- $1,116,100
- Net gain from sales of assets
- $17,573
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $17,983
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $19,706
- Accounting fees
- $69,725
- Travel
- $48,316
- Depreciation
- $143,374
- Program services (functional)
- $2,097,202
Balance sheet and other
- Total assets, start of year
- $34,753,575
- Total assets, end of year
- $37,927,715
- Total liabilities, end of year
- $5,720,701
- Net assets, end of year
- $32,207,014
- Land, buildings and equipment
- $3,541,661
- Publicly traded securities
- $3,160,374
- Gross receipts
- $5,366,668
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1992
- State of legal domicile
- MA
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 | From related orgs |
|---|---|---|---|---|
| DEBRA NUTTER | PRESIDENT AND CEO Highest-paid employee | 2 | $0 | $155,346 |
| JENNIFER WEST | DIRECTOR OF ASSET MANAGEME Highest-paid employee | 2 | $0 | $151,170 |
| MELANIE JOHNSON | DIRECTOR OF PROPERTY MANAG Highest-paid employee | 2 | $0 | $148,122 |
| WENDY THOMAS | DIRECTOR OF FINANCE Highest-paid employee | 2 | $0 | $140,625 |
| MATTHEW SAWYER | FACILITIES & CONSTRUCTION MANAGER Highest-paid employee | 2 | $0 | $127,615 |
| ROXIE SEVERANCE | CHAIRPERSON Trustee or director | 2 | $0 | $0 |
| KATHRYN BURNS | CLERK Trustee or director | 2 | $0 | $0 |
| VINCE O'DONNELL | TREASURER Trustee or director | 2 | $0 | $0 |
| BESSY KONG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATTHEW D LINCOLN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JONI BOISSONEAULT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GIGI GUYTON-THOMPSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HOLLY BURBANK | VICE CHAIRPERSON Trustee or director | 2 | $0 | $0 |
| ROBERT SNOW | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MELISSA GONZALEZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CORONA PRITCHARD | DIRECTOR Trustee or director | 2 | $0 |
| BILL BRAUNER | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| DEBRA NUTTER | PRESIDENT Highest-paid employee | 2 | $0 | $176,512 |
| PATRICK BRENNICK | DIRECTOR OF ASSET MANAGEMENT Highest-paid employee | 2 | $0 | $153,036 |
| WENDY THOMAS | DIRECTOR OF FINANCE Highest-paid employee | 2 | $0 | $141,302 |
| SUZANNE DECAVELE | REAL ESTATE DEVELOPMENT MANAGER Highest-paid employee | 2 | $0 | $125,992 |
| MELANIE JOHNSON | DIRECTOR OF PROPERTY MANAGEMENT Highest-paid employee | 2 | $0 | $124,790 |
| ROXIE SEVERANCE | CHAIRPERSON Trustee or director | 2 | $0 | $0 |
| KATHRYN BURNS | CLERK Trustee or director | 2 | $0 | $0 |
| VINCE O'DONNELL | TREASURER Trustee or director | 2 | $0 | $0 |
| BESSY KONG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATTHEW D LINCOLN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JONI BOISSONEAULT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GIGI GUYTON-THOMPSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HOLLY BURBANK | VICE CHAIRPERSON Trustee or director | 2 | $0 | $0 |
| ROBERT SNOW | TREASURER EMERITUS Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 270 BROADWAY, LYNN, MA 01904-1806
- Principal officer (990 for 2024)
- SHAWN SMITLEY, 270 BROADWAY, LYNN, MA 01904
- Signed the 990
- SHAWN SMITLEY, EXECUTIVE DIRECTOR
- Phone
- (781) 595-4665
- Website
- WWW.THECALEBFOUNDATION.ORG
- Return prepared by
- OTIS ATWELL
Mission
TO OWN, INVEST IN, AND MANAGE AND DEVELOP QUALITY AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES.
Program accomplishments
- ACQUISITION, IMPLEMENTATION AND MONITORING MULTI-FAMILY HOUSING FOR LOW-INCOME ELDERLY, HANDICAPPED AND FAMILIES.Expenses $2,097,202 · grants $17,983 · revenue $4,452,508
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
- 22-3205846
- 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
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $37,927,715
- Income (IRS master file)
- $5,366,668
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,366,668 | $2,097,202 | $37,927,715 | XML |
| 990 | December 2023 | $4,176,591 | $1,611,260 | $34,753,575 | XML |
| 990 | December 2022 | $11,235,165 | $1,667,205 | $31,326,979 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 22-3205846).
Questions about CALEB FOUNDATION INC
- What is the EIN of CALEB FOUNDATION INC?
- The employer identification number (EIN) of CALEB FOUNDATION INC is 22-3205846.
- Is CALEB FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to CALEB FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CALEB FOUNDATION 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 CALEB FOUNDATION 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 CALEB FOUNDATION 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 CALEB FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names SHAWN SMITLEY.
- Who are the officers and directors of CALEB FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
- How much revenue does CALEB FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,366,668, expenses of $2,097,202 and total assets of $37,927,715 at year end.
Other nonprofits in LYNN
- LYNN SHELTER ASSOCIATION INC EIN 22-2603594 · last filed 990 for 2025
- THE CALEB GROUP INC EIN 04-3460139 · last filed 990 for 2024
- CALEB VILLAGE HEIGHTS FOUNDATION INC EIN 04-3276483 · last filed 990 for 2024
- CALEB DEVELOPMENT CORPORATION EIN 04-3365903 · last filed 990-PF for 2025
- CALEB HOUSING CORPORATION EIN 81-4497049 · last filed 990 for 2024
- KINGS LYNNE RESIDENTS COUNCIL INC EIN 04-2531626 · last filed 990 for 2025
- HOUSING OPPORTUNITIES & MANAGEMENT ENTERPRISES INC EIN 22-2982463 · last filed 990 for 2025
- LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC EIN 54-2084084 · last filed 990 for 2024
All nonprofits in LYNN · Massachusetts · Housing and shelter