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Nonprofit · EIN 23-7187286

PEOPLES REDEVELOPMENT CORPORATION

Tax-exempt · PROVIDENCE, RI 02905

Financials

$360K$388K2023$392K$430K2024$403K$434K2025
Revenue Expenses · by fiscal year end
Financials of PEOPLES REDEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$402,781$434,016-$31,235$11,489,846$374,603$11,115,243
December 31, 2024990$392,358$430,029-$37,671$11,549,716$403,238$11,146,478
December 31, 2023990$359,631$387,591-$27,960$11,592,313$408,164$11,184,149
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$397,862
Investment income
$4,919
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,000
Depreciation
$37,885
Program services (functional)
$434,016

Balance sheet and other

Total assets, start of year
$11,549,716
Total assets, end of year
$11,489,846
Total liabilities, end of year
$374,603
Net assets, end of year
$11,115,243
Land, buildings and equipment
$932,420
Gross receipts
$402,781
Employees
0
Volunteers
6
Year formed
1972
State of legal domicile
RI

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
BARBARA M KRANKPresident
Trustee or director, Officer
2$0
ANTHONY SANDERSTreasurer
Trustee or director, Officer
1$0
MARIA LOPESSecretary
Trustee or director, Officer
1$0
MATTHEW BUCHANANDirector
Trustee or director
1$0
JOSEPH BUCHANANDirector
Trustee or director
1$0
ANTONIO LOPESDirector
Trustee or director
1$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
BARBARA M KRANKPresident
Trustee or director, Officer
2$0
ANTHONY SANDERSTreasurer
Trustee or director, Officer
1$0
MARIA LOPESSecretary
Trustee or director, Officer
1$0
MATTHEW BUCHANANDirector
Trustee or director
1$0
JOSEPH BUCHANANDirector
Trustee or director
1$0
ANTONIO LOPESDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
BARBARA KRANKPRESIDENT
Trustee or director, Officer
2$0
ANTHONY SANDERSTREASURER
Trustee or director, Officer
1$0
MARIA LOPESSECRETARY
Trustee or director, Officer
1$0
THERESA GILLIKINDIRECTOR
Trustee or director
1$0
JOSEPH BUCHANANDIRECTOR
Trustee or director
1$0
ANTONIO LOPESDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
200 GORDON AVE, PROVIDENCE, RI 02905-1840
Signed the 990
BARBARA M KRANK, President
Phone
(401) 837-9600
Return prepared by
FJ & Associates PLLC

Mission

DEVELOPMENT, OWNNERSHIP AND SALE OF AFFORDABLE HOUSING

990 for the year ended December 31, 2025

Program accomplishments

  • PROMOTED, SPONSORED AND OWN HOUSING FOR LOW AND MODERATE INCOME PERSONS
    Expenses $434,016

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7187286
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
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,489,846
Income (IRS master file)
$402,781

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$402,781$434,016$11,489,846XML
990December 2024$392,358$430,029$11,549,716XML
990December 2023$359,631$387,591$11,592,313XML
990December 2022$397,717$449,613$11,644,999IRS
990December 2021–––IRS
990December 2020–––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 23-7187286).

Questions about PEOPLES REDEVELOPMENT CORPORATION

What is the EIN of PEOPLES REDEVELOPMENT CORPORATION?
The employer identification number (EIN) of PEOPLES REDEVELOPMENT CORPORATION is 23-7187286.
Is PEOPLES REDEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to PEOPLES REDEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PEOPLES REDEVELOPMENT 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 PEOPLES REDEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PEOPLES REDEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who are the officers and directors of PEOPLES REDEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does PEOPLES REDEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $402,781, expenses of $434,016 and total assets of $11,489,846 at year end.

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