Nonprofit · EIN 23-2037301
MOUNT VERNON MANOR INC
Tax-exempt · PHILADELPHIA, PA 19104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,171,350 | $2,044,544 | $2,126,806 | $9,684,265 | $3,031,130 | $6,653,135 |
| December 31, 2023 | 990 | $1,967,321 | $1,328,773 | $638,548 | $7,402,020 | $2,875,691 | $4,526,329 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,794,022
- Program service revenue
- $754,581
- Investment income
- $105,358
- Net rental income
- $324,500
- Other revenue
- $517,389
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $745,250
- Professional fundraising fees
- $0
- Occupancy
- $60,253
- Travel
- $11,782
- Depreciation
- $100,085
- Program services (functional)
- $1,786,103
- Management and general (functional)
- $258,441
Balance sheet and other
- Total assets, start of year
- $7,402,020
- Total assets, end of year
- $9,684,265
- Total liabilities, end of year
- $3,031,130
- Net assets, end of year
- $6,653,135
- Land, buildings and equipment
- $3,994,840
- Net assets without donor restrictions
- $4,486,671
- Net assets with donor restrictions
- $2,166,464
- Gross receipts
- $4,171,350
- Employees
- 23
- Volunteers
- 20
- Year formed
- 1977
- State of legal domicile
- PA
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 |
|---|---|---|---|---|
| MICHAEL THORPE | EXECUTIVE DIRECTOR Officer | 40 | $125,000 | $15,586 |
| BELINDA MAYO | PRESIDENT/BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KARIM PURDIE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| FAITH DYSON-WASHINGTON | MEMBER Trustee or director | 1 | $0 | $0 |
| AIISHA G HERRING | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL THORPE | EXECUTIVE DIRECTOR Officer | 40 | $106,917 | $13,643 |
| BELINDA MAYO | PRESIDENT/BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KARIM PURDIE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| FAITH DYSON-WASHINGTON | MEMBER Trustee or director | 1 | $0 | $0 |
| AIISHA G HERRING | MEMBER Trustee or director | 1 | $0 | $0 |
| GARY TRAVIS | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 769 N 39TH ST, PHILADELPHIA, PA 19104-1673
- Principal officer (990 for 2024)
- MICHAEL THORPE, 631 N 39TH STREET, PHILADELPHIA, PA 19104
- Signed the 990
- EXECUTIVE DIRECTOR, EXECUTIVE DIRECTOR
- Phone
- (215) 475-9492
- Website
- WWW.MVMCDC.ORG
- Return prepared by
- EISNER ADVISORY GROUP LLC
Mission
PROVIDE AND PRESERVE AFFORDABLE AND LOW INCOME HOUSING
Program accomplishments
- READY SET GO LANDCARE HIRES RETURNING CITIZEN'S TO WORK ON LANDSCAPING CREW THROUGH CITY FUNDED CONTRACT. HAVE EMPLOYED UP TO 10 INDIVIDUALS FOR PART TIME SEASONAL WORK AND TO BEAUTIFY THE COMMUNITY.Expenses $262,348 · revenue $330,000
- THE NEIGHBOURHOOD ADVISORY COMMITEE HAS CONTINUED ONGOING SUPPORT SEVICES FOR THE COMMUNITY BASED PROGRAM INCLUDING FOOD, UTILIY AND RENTAL ASSISTANCE. IT ALSO SUPPORTS THE LOCAL PARK/GARDEN WITH STAFF AND OTHER RESOURCES.Expenses $877,787
- MANTUA PRESERVATION PROJECT OPERATES MULTIPLE RESIDENTIAL RENTAL UNITS TO MAINTAIN THEIR AFFORDABLE LOW INCOME CHARACTERISTIC AND SUBSEQUENTLY RENOVATED UNITS BEFORE LEASING TO QUALIFIED LOW INCOME TENANTS. ADDITIONAL DEVELOPMENT OPPORTUNITIES ARE IN PLANNING AND PRE-DEVELOPMENT STAGES.Expenses $447,906
- CONSULTING INCOME AND DEVELOPMENTExpenses $198,062 · revenue $424,581
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
- 23-2037301
- 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
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $9,684,265
- Income (IRS master file)
- $4,171,350
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,171,350 | $2,044,544 | $9,684,265 | XML |
| 990 | December 2023 | $1,967,321 | $1,328,773 | $7,402,020 | XML |
| 990 | December 2022 | $1,581,079 | $1,228,103 | $6,692,265 | 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 23-2037301).
Questions about MOUNT VERNON MANOR INC
- What is the EIN of MOUNT VERNON MANOR INC?
- The employer identification number (EIN) of MOUNT VERNON MANOR INC is 23-2037301.
- Is MOUNT VERNON MANOR INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to MOUNT VERNON MANOR INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MOUNT VERNON MANOR 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 MOUNT VERNON MANOR 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 MOUNT VERNON MANOR 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 MOUNT VERNON MANOR INC?
- The 990 for the year ended December 31, 2024 names MICHAEL THORPE.
- Who are the officers and directors of MOUNT VERNON MANOR INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $125,000 (MICHAEL THORPE, EXECUTIVE DIRECTOR).
- How much revenue does MOUNT VERNON MANOR INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,171,350, expenses of $2,044,544 and total assets of $9,684,265 at year end.
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