Skip to main content

Nonprofit · EIN 23-7099111

FIRST CHURCH IN MALDEN HOMES INC

Tax-exempt · MALDEN, MA 02148

Financials

$1.1M$99K2023$1.5M$365K2024
Revenue Expenses · by fiscal year end
Financials of FIRST CHURCH IN MALDEN HOMES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,515,368$364,986$1,150,382$17,233,056$24,659$17,208,397
December 31, 2023990$1,093,463$98,622$994,841$16,073,160$19,455$16,053,705
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$34,725
Program service revenue
$1,374,687
Investment income
$105,918
Other revenue
$38

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$51,000
Salaries, compensation and benefits (total)
$51,000
Professional fundraising fees
$0
Accounting fees
$24,100
Program services (functional)
$17,500
Management and general (functional)
$347,486

Balance sheet and other

Total assets, start of year
$16,073,160
Total assets, end of year
$17,233,056
Total liabilities, end of year
$24,659
Net assets, end of year
$17,208,397
Net assets without donor restrictions
$17,208,397
Gross receipts
$1,515,368
Employees
6
Volunteers
15
Year formed
1968
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.

NameTitleHours / weekCompensationOther / benefits
STEPHEN FRAZIEREXECUTIVE DIRECTOR
Officer
10$226,080$48,336
PAUL FRAZIERSERVICE MANAGER
Highest-paid employee
1$117,289$33,281
MARIA FRAZIERSERVICE COORDINATOR
Highest-paid employee
1$121,344$12,134
PAUL FRAZIERPRESIDENT
Trustee or director, Officer
1$0$0
PETER DEMIRDJIANVICE PRESIDENT
Trustee or director, Officer
1$0$0
WILLIAM CONLEYTREASURER
Trustee or director, Officer
1$0$0
JEFFREY PARKSSECRETARY
Trustee or director, Officer
1$0$0
PATRICIA DEMIRDJIANDIRECTOR
Trustee or director
1$0$0
JAMES C LONGDIRECTOR
Trustee or director
1$0$0
JOHN OTERIDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
STEPHEN FRAZIEREXECUTIVE DIRECTOR
Officer
10$212,890$46,604
PAUL FRAZIERSERVICE MANAGER
Highest-paid employee
1$105,783$31,763
MARIA FRAZIERSERVICE COORDINATOR
Highest-paid employee
1$109,194$10,919
PAUL FRAZIERPRESIDENT
Trustee or director, Officer
1$0$0
PETER DEMIRDJIANVICE PRESIDENT
Trustee or director, Officer
1$0$0
WILLIAM CONLEYTREASURER
Trustee or director, Officer
1$0$0
JEFFREY PARKSSECRETARY
Trustee or director, Officer
1$0$0
PATRICIA DEMIRDJIANDIRECTOR
Trustee or director
1$0$0
JAMES C LONGDIRECTOR
Trustee or director
1$0$0
JOHN OTERIDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
195 PLEASANT STREET, MALDEN, MA 02148-4822
In care of
% GLENN REDGATE
Principal officer (990 for 2024)
STEPHEN FRAZIER, 195 PLEASANT STREET, MALDEN, MA 02148
Signed the 990
STEPHEN FRAZIER, EXECUTIVE DIRECTOR
Phone
(781) 321-4545
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE FINANCING FOR LOW TO MODERATE INCOME HOUSING PROJECTS, AS WELL AS TO OWN, OPERATE, AND DEVELOP A LOW TO MODERATE INCOME HOUSING PROJECT.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE FINANCING FOR LOW TO MODERATE INCOME HOUSING PROJECTS.
    Expenses $17,500 · revenue $1,374,725

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7099111
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
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,233,056
Income (IRS master file)
$1,515,368

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,515,368$364,986$17,233,056XML
990December 2023$1,093,463$98,622$16,073,160XML
990December 2022$1,401,823$80,176$15,071,972IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 23-7099111).

Questions about FIRST CHURCH IN MALDEN HOMES INC

What is the EIN of FIRST CHURCH IN MALDEN HOMES INC?
The employer identification number (EIN) of FIRST CHURCH IN MALDEN HOMES INC is 23-7099111.
Is FIRST CHURCH IN MALDEN HOMES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to FIRST CHURCH IN MALDEN HOMES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FIRST CHURCH IN MALDEN HOMES 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 FIRST CHURCH IN MALDEN HOMES 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 FIRST CHURCH IN MALDEN HOMES 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 FIRST CHURCH IN MALDEN HOMES INC?
The 990 for the year ended December 31, 2024 names STEPHEN FRAZIER.
Who are the officers and directors of FIRST CHURCH IN MALDEN HOMES INC?
The 990 for the year ended December 31, 2024 lists 10 people; 3 received compensation from the organization, the highest $226,080 (STEPHEN FRAZIER, EXECUTIVE DIRECTOR).
How much revenue does FIRST CHURCH IN MALDEN HOMES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,515,368, expenses of $364,986 and total assets of $17,233,056 at year end.

Other nonprofits in MALDEN

All nonprofits in MALDEN · Massachusetts