Nonprofit · EIN 22-3423159
ADVANCE HOUSING INC
Tax-exempt · PARAMUS, NJ 07652
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,486,474 | $5,450,620 | $35,854 | $17,169,592 | $15,205,744 | $1,963,848 |
| December 31, 2023 | 990 | $5,594,390 | $5,434,125 | $160,265 | $18,765,287 | $15,989,170 | $2,776,117 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,285,633
- of which government grants
- $3,285,633
- Program service revenue
- $1,886,636
- Investment income
- $124,704
- Other revenue
- $189,501
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $332,600
- Other salaries and wages
- $2,249,245
- Salaries, compensation and benefits (total)
- $3,045,657
- Professional fundraising fees
- $0
- Legal fees
- $39,695
- Accounting fees
- $35,757
- Occupancy
- $634,568
- Travel
- $46,335
- Depreciation
- $490,372
- Program services (functional)
- $4,136,192
- Management and general (functional)
- $1,314,428
Balance sheet and other
- Total assets, start of year
- $18,765,287
- Total assets, end of year
- $17,169,592
- Total liabilities, end of year
- $15,205,744
- Net assets, end of year
- $1,963,848
- Land, buildings and equipment
- $8,830,006
- Net assets without donor restrictions
- $1,963,848
- Gross receipts
- $5,486,474
- Employees
- 84
- Volunteers
- 11
- Year formed
- 1996
- 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 | Other / benefits |
|---|---|---|---|---|
| CAROLYN JAIME | PRESIDENT & CEO Trustee or director, Officer | 36 | $178,169 | $25,851 |
| BINA SHAH | COO Officer | 36 | $100,243 | $28,337 |
| CHARLES HIGGINS | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| MARC STURIALE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN DEANGELO | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAVID BOWER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GINA SHARPE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIMI WEI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHARON MCKENNA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL PEZZILLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAN FREDERICK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRUCE NUSSMAN | COUNSEL Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CAROLYN JAIME LCSW | PRESIDENT AND CEO Officer | 35 | $174,000 | $5,926 |
| BINA SHAH | COO Officer | 35 | $104,990 | $26,034 |
| EVERARD BASCOE | CFO Officer | 35 | $85,000 | $9,324 |
| CHARLES HIGGINS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MARC STURIALE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN DEANGELO | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LYNN LITTERINI | TREASURER (RESIGNED DURING Trustee or director, Officer | 1 | $0 | $0 |
| DAVE BOWER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHARON MCKENNA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL PEZZILLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIMI WEI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRUCE NUSSMAN | COUNSEL Trustee or director | 1 | $0 | $0 |
| GINA SHARPE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAN FREDERICKS | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 64 E MIDLAND AVE STE 2, PARAMUS, NJ 07652-2934
- Principal officer (990 for 2024)
- CAROLYN JAIME, 64 E MIDLAND AVE SUITE 2, PARAMUS, NJ 07652
- Signed the 990
- CAROLYN JAIME, PRESIDENT & CEO
- Phone
- (201) 498-9140
- Website
- WWW.ADVANCEHOUSING.ORG
- Return prepared by
- SAX LLP
Mission
THE MISSION OF ADVANCE HOUSING, INC. IS TO EXPAND THE RANGE AND SCOPE OF SUPPORTIVE HOUSING OPPORTUNITIES AVAILABLE TO PERSONS WITH PSYCHIATRIC DISABILITIES. IN ADDITION, WE WILL SEEK TO MAKE SIMILAR OPTIONS AND SERVICES AVAILABLE TO OTHER CONSUMERS WHO ARE IN NEED OF SUPPORTIVE HOUSING.
Program accomplishments
- THE ADVANCE CONSUMER CHOICE & EMPOWERMENT PROGRAM OFFERS CONSUMERS FROM STATE PSYCHIATRIC HOSPITALS AN OPPORTUNITY TO LIVE INDEPENDENTLY IN THEIR OWN ONE BEDROOM APARTMENTS WHILE ALSO RECEIVING INTENSIVE SUPPORT SERVICES. CONSUMERS WILL BE SUPPORTED BY A MULTIDISCIPLINARY TEAM THAT WILL WORK IN COLLABORATION WITH THE CONSUMER AND EXTERNAL SUPPORTS TO PROVIDE THE MOST EFFECTIVE INDIVIDUALIZED TREATMENT SERVICES POSSIBLE, VOCATIONAL ASSISTANCE, MICA COUNSELING IN ADDITION TO AN ARRAY OF OTHER SERVICES.Expenses $3,055,546 · revenue $360,531
- THE SUPPORTIVE LIVING PROGRAM BERGEN, PROVIDES MENTAL HEALTH CONSUMERS WITH A CHOICE OF PERMANENT, AFFORDABLE, AND SAFE HOUSING. SERVICES ARE FLEXIBLE AND ALLOW CONSUMERS TO MAINTAININDEPENDENCE AND LIFESTYLE OF THEIR CHOOSING. A LIMITED SUPPLY OF SCATTER -SITES, AGENCY OWNED HOUSING IS AVAILABLE FOR THIS PROGRAM. SERVICES ARE PROVIDED IN BERGEN COUNTY BY A MULTI-DISCIPLINARY TEAM CAPABLE OF MEETING CONSUMERS' NEEDS.Expenses $653,847 · revenue $1,113,229
- THE SUPPORTIVE LIVING PROGRAM SUSSEX, PROVIDES MENTAL HEALTH CONSUMERS WITH A CHOICE OF PERMANENT, AFFORDABLE, AND SAFE HOUSING. SERVICES ARE FLEXIBLE AND ALLOW CONSUMERS TO MAINTAIN INDEPENDENCE AND LIFESTYLE OF THEIR CHOOSING. A LIMITED SUPPLY OF SCATTER-SITES, AGENCY OWNED HOUSING IS AVAILABLE FOR THIS PROGRAM. SERVICES ARE PROVIDED IN SUSSEX COUNTY BY A MULTI-DISCIPLINARY TEAM CAPABLE OF MEETING CONSUMERS NEEDS.Expenses $362,848 · revenue $324,660
- OTHER SERVICES DESIGNED TO HELP PEOPLE TO LIVE INDEPENDENTLY AND PRODUCTIVELY IN THE COMMUNITY.Expenses $63,951 · revenue $88,216
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
- 22-3423159
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L80)
- Assets (IRS master file)
- $17,169,592
- Income (IRS master file)
- $5,486,474
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,486,474 | $5,450,620 | $17,169,592 | XML |
| 990 | December 2023 | $5,594,390 | $5,434,125 | $18,765,287 | XML |
| 990 | December 2022 | $5,226,802 | $5,505,129 | $19,043,945 | 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 22-3423159).
Questions about ADVANCE HOUSING INC
- What is the EIN of ADVANCE HOUSING INC?
- The employer identification number (EIN) of ADVANCE HOUSING INC is 22-3423159.
- Is ADVANCE HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to ADVANCE HOUSING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ADVANCE HOUSING 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 ADVANCE HOUSING 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 ADVANCE HOUSING 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 ADVANCE HOUSING INC?
- The 990 for the year ended December 31, 2024 names CAROLYN JAIME.
- Who are the officers and directors of ADVANCE HOUSING INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $178,169 (CAROLYN JAIME, PRESIDENT & CEO).
- How much revenue does ADVANCE HOUSING INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,486,474, expenses of $5,450,620 and total assets of $17,169,592 at year end.
Other nonprofits in PARAMUS
- DEMAREST FARMS 2 INC EIN 27-4939264 · last filed 990 for 2024
- ADVANCE HOUSING 2000 INC EIN 22-3749626 · last filed 990 for 2024
- ADVANCE HOUSING DNM INC EIN 20-2504202 · last filed 990 for 2024
- ORACLE HOUSING CORPORATION EIN 99-3798834 · last filed 990-N for 2025
- HOUSING 4 HEROS CORPORATION EIN 88-2810522 · last filed 990-N for 2023
- VALLEY HOSPITAL INC EIN 22-1487307 · last filed 990 for 2024
- CAREPLUS BERGEN EIN 82-2081292 · last filed 990 for 2024
- VALLEY PHYSICIAN SERVICES PC EIN 46-5285330 · last filed 990 for 2024
All nonprofits in PARAMUS · New Jersey · Housing and shelter