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Nonprofit · EIN 23-7168031

ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt · HOLYOKE, MA 01040

Financials

$3M$3M2021$2.9M$3.4M2022$3.8M$4.6M2024
Revenue Expenses · by fiscal year end
Financials of ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,803,508$4,606,198-$802,690$4,464,414$1,229,161$3,235,253
June 30, 2023990$2,925,963$3,399,956-$473,993$4,127,890$818,493$3,309,397
June 30, 2022990$2,974,878$2,954,981$19,897$4,721,228$937,838$3,783,390
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,516,923
of which government grants
$1,310,956
Program service revenue
$2,251,319
Investment income
-$10,058
Net gain from sales of assets
-$13,775
Other revenue
$45,324

Expenses

Grants and similar amounts paid
$1,353,756
Compensation of officers, directors and key employees
$121,974
Other salaries and wages
$837,924
Salaries, compensation and benefits (total)
$1,167,640
Professional fundraising fees
$0
Legal fees
$41,964
Accounting fees
$79,000
Occupancy
$981,862
Travel
$31,484
Depreciation
$224,530
Program services (functional)
$3,017,822
Management and general (functional)
$1,570,080
Fundraising (functional)
$18,296

Balance sheet and other

Total assets, start of year
$4,634,268
Total assets, end of year
$4,464,414
Total liabilities, end of year
$1,229,161
Net assets, end of year
$3,235,253
Land, buildings and equipment
$1,899,542
Net assets without donor restrictions
$2,507,672
Net assets with donor restrictions
$727,581
Gross receipts
$4,061,718
Employees
28
Volunteers
175
Year formed
1972
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL MORIARTYEXECUTIVE DIRECTOR
Officer
37$87,984$24,331
WALTER NALESNIKVICE-CHAIR
Trustee or director, Officer
1$0$0
ARMANDO SANTIAGODIRECTOR - END 1/3/25
Trustee or director
1$0$0
JESSE CASTELLANODIRECTOR
Trustee or director
1$0$0
SCOTT JONESTREASURER - BEG 10/15/24
Trustee or director, Officer
1$0$0
MAURICE N LACASSEDIR./LIFETIME MEMBER
Trustee or director
1$0$0
MARIA PAGANCLERK
Trustee or director, Officer
1$0$0
IVIE CORDEROCHAIR
Trustee or director, Officer
1$0$0
LINDA PRATTDIRECTOR
Trustee or director
1$0$0
JOHN LENIHANDIRECTOR
Trustee or director
1$0$0
ERIC MATTOSDIRECTOR - END 1/3/25
Trustee or director
1$0$0
JOHN RODRIGUEZDIRECTOR
Trustee or director
1$0$0
WANDA FERNANDEZ RIVERADIRECTOR - BEG 1/3/25
Trustee or director
1$0$0
FREDDY DEJESUS JRDIRECTOR - BEG 1/3/25
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL MORIARTYEXECUTIVE DIRECTOR
Officer
37$82,545$5,278$21,051
WALTER NALESNIKCO-CHAIR
Trustee or director, Officer
1$0$0$0
ARMANDO SANTIAGOCO-CHAIR/DIR. BEG 1/1/23
Trustee or director, Officer
1$0$0$0
DUANE CAMPTREASURER - END 12/31/22
Trustee or director, Officer
1$0$0$0
VICTOR RODRIGUEZ SRCLERK/CO-CHAIR 1/1/23
Trustee or director, Officer
1$0$0$0
MARIA PAGANDIR./CLERK - BEG 1/1/23
Trustee or director, Officer
1$0$0$0
IVIE CORDERODIR,/TREASURER - BEG 1/1/23
Trustee or director, Officer
1$0$0$0
LINDA PRATTDIRECTOR
Trustee or director
1$0$0$0
JOHN LENIHANDIRECTOR
Trustee or director
1$0$0$0
ERIC MATTOSDIRECTOR
Trustee or director
1$0$0$0
DEBORAH WALKERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2022: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL MORIARTYEXECUTIVE DIRECTOR
Officer
35$72,833$10,556$22,988
WALTER NALESNIKCHAIRMAN
Trustee or director, Officer
1$0$0$0
ARMANDO SANTIAGOCO-CHAIR
Trustee or director, Officer
1$0$0$0
DUANE CAMPTREASURER
Trustee or director, Officer
1$0$0$0
VICTOR RODRIGUEZ SRCLERK
Trustee or director, Officer
1$0$0$0
MAURICE N LACASSEDIRECTOR
Trustee or director
1$0$0$0
MARIA PAGANDIRECTOR
Trustee or director
1$0$0$0
IVIE CORDERODIRECTOR
Trustee or director
1$0$0$0
LINDA PRATTDIRECTOR
Trustee or director
1$0$0$0
JOHN LENIHANDIRECTOR
Trustee or director
1$0$0$0
ERIC MATTOSDIRECTOR
Trustee or director
1$0$0$0
DEBORAH WALKERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
70 LYMAN ST, HOLYOKE, MA 01040-6206
In care of
% MICHAEL J MORIARTY
Principal officer (990 for 2024)
MICHAEL MORIARTY, 70 LYMAN STREET, HOLYOKE, MA 01040
Signed the 990
MICHAEL MORIARTY, PRESIDENT
Phone
(413) 533-7101
Return prepared by
MEYERS BROTHERS KALICKA PC

Mission

TO FURTHER THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING, TO ASSIST IN THE EXPANSION OF LOCALLY-OWNED BUSINESS ENTERPRISES AND TO PROVIDE OTHER ASSISTANCE FOR THE IMPROVEMENT OF RESIDENTIAL AND BUSINESS PROPERTY IN HOLYOKE, MASSACHUSETTS.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDED 213 RENTAL UNITS FOR RENT FOR LOW TO MODERATE INCOME INDIVIDUALS. APPROXIMATELY 80 TENANTS RECEIVE SUBSIDIZED RENTAL ASSISTANCE FROM VARIOUS AGENCIES.
    Expenses $1,629,247 · grants $30,000 · revenue $2,260,320
  • FACILITATED AND OVERSAW THE REHABILITATION OF A VACANT, THREE-STORY BUILDING LOCATED AT 147 HIGH STREET IN THE CITY OF HOLYOKE, PURSUANT TO THE CITY'S PLANS TO REVITALIZE HIGH STREET TO BETTER REFLECT THE IDENTITY AND SERVE THE INTERESTS OF THE HOLYOKE COMMUNITY.
    Expenses $1,315,691 · grants $1,310,956
  • COMMUNITY ENGAGEMENT - FURTHERING THE SPIRIT OF HOLYOKE BY ENGAGING OHDC WITH THE LOCAL COMMUNITY THROUGH SPECIAL EVENTS AND PROGRAMS, SUPPORTING COMMUNITY NEEDS.
    Expenses $59,242
  • RNIP LOAN PROGRAM - THE HOLYOKE RENTAL NEIGHBORHOOD IMPROVEMENT PROGRAM PROVIDES LOW INTEREST LOANS TO RENTAL PROPERTY OWNERS TO PROVIDE QUALITY HOUSING IN THE CITY OF HOLYOKE. LOANS MAY BE USED TO MAKE BUILDING IMPROVEMENTS INCLUDING ENERGY SAVING REHAB LIKE WINDOWS, DOORS AND HVAC SYSTEMS OR TO ADDRESS CODE/BUILDING VIOLATIONS. FUNDING MUST RESULT IN OCCUPIABLE UNITS WHICH MEET HUD HQS STANDARDS. INTERIM FINANCING AND REFINANCING OF EXISTING DEBT IS NOT PERMITTED. AT PROJECT COMPLETION, 51% OF TENANTS MUST MEET THE SECTION 8 INCOME LIMITS.
    Expenses $13,642 · grants $12,800

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
23-7168031
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
1972
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,464,414
Income (IRS master file)
$4,061,718

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,803,508$4,606,198$4,464,414IRS
990June 2023$2,925,963$3,399,956$4,127,890IRS
990June 2022$2,974,878$2,954,981$4,721,228XML
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 23-7168031).

Questions about ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION is 23-7168031.
Is ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION 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 ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names MICHAEL MORIARTY.
Who are the officers and directors of ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $87,984 (MICHAEL MORIARTY, EXECUTIVE DIRECTOR).
How much revenue does ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,803,508, expenses of $4,606,198 and total assets of $4,464,414 at year end.

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