Nonprofit · EIN 23-7314767
PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC
Tax-exempt · CORNING, NY 14830
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $2,102,065 | $1,811,432 | $290,633 | $3,233,091 | $539,058 | $2,694,033 |
| September 30, 2024 | 990 | $1,949,381 | $1,784,767 | $164,614 | $3,021,164 | $617,764 | $2,403,400 |
| September 30, 2023 | 990 | $1,849,611 | $1,579,563 | $270,048 | $3,028,112 | $789,326 | $2,238,786 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $89,665
- of which government grants
- $89,665
- Program service revenue
- $1,973,515
- Investment income
- $38,885
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $310,326
- Salaries, compensation and benefits (total)
- $381,852
- Professional fundraising fees
- $0
- Legal fees
- $3,914
- Accounting fees
- $16,800
- Occupancy
- $630,562
- Depreciation
- $129,051
- Program services (functional)
- $1,732,617
- Management and general (functional)
- $78,815
Balance sheet and other
- Total assets, start of year
- $3,021,164
- Total assets, end of year
- $3,233,091
- Total liabilities, end of year
- $539,058
- Net assets, end of year
- $2,694,033
- Land, buildings and equipment
- $908,028
- Net assets without donor restrictions
- $2,694,033
- Gross receipts
- $2,102,065
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1973
- State of legal domicile
- NY
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDERICK MALONEY | PRESIDENT Trustee or director, Officer | 4 | $0 |
| CHRISTOPHER DESSO | VICE PRESIDENT Trustee or director, Officer | 4 | $0 |
| BLAKE MANUEL | SECRETARY Trustee or director, Officer | 4 | $0 |
| ROBERT AVVAMPATO | TREASURER Trustee or director, Officer | 4 | $0 |
| BARRY NICHOLSON | DIRECTOR Trustee or director | 2 | $0 |
| JOANN CAYLYLE | DIRECTOR Trustee or director | 2 | $0 |
| CHRISTINA LOSEY | DIRECTOR Trustee or director | 2 | $0 |
| STEPHEN CASTNERS | DIRECTOR Trustee or director | 2 | $0 |
| BRITTEN HOYLE | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDERICK MALONEY | PRESIDENT Trustee or director, Officer | 4 | $0 |
| CHRISTOPHER DESSO | VICE PRESIDENT Trustee or director, Officer | 4 | $0 |
| BLAKE MANUEL | SECRETARY Trustee or director, Officer | 4 | $0 |
| ROBERT AVVAMPATO | TREASURER Trustee or director, Officer | 4 | $0 |
| BARRY NICHOLSON | DIRECTOR Trustee or director | 2 | $0 |
| JOANN CAYLYLE | DIRECTOR Trustee or director | 2 | $0 |
| CHRISTINA LOSEY | DIRECTOR Trustee or director | 2 | $0 |
| STEPHEN CASTNERS | DIRECTOR Trustee or director | 2 | $0 |
| BRITTEN HOYLE | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDERICK MALONEY | PRESIDENT Trustee or director, Officer | 4 | $0 |
| CHRISTOPHER DESSO | VICE PRESIDENT Trustee or director, Officer | 4 | $0 |
| BLAKE MANUEL | SECRETARY Trustee or director, Officer | 4 | $0 |
| ROBERT AVVAMPATO | TREASURER Trustee or director, Officer | 4 | $0 |
| BARRY NICHOLSON | DIRECTOR Trustee or director | 2 | $0 |
| JOANN CAYLYLE | DIRECTOR Trustee or director | 2 | $0 |
| TRACEY YORIO | DIRECTOR Trustee or director | 2 | $0 |
| CHRISTINA LOSEY | DIRECTOR Trustee or director | 2 | $0 |
| STEPHEN CASTNERS | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 101 COLUMBIA STREET, CORNING, NY 14830-2828
- In care of
- % T EDWARDS
- Principal officer (990 for 2024)
- FREDERICK MALONEY, 101 COLUMBIA STREET, CORNING, NY 14830
- Signed the 990
- FREDERICK MALONEY, PRESIDENT
- Phone
- (607) 937-5361
- Return prepared by
- MENGEL METZGER BARR & CO LLP
Mission
TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND QUALIFIED HANDICAPPED INDIVIDUALS.
Program accomplishments
- DAYSPRING I IS A ONE HUNDRED TEN UNIT APARTMENT COMPLEX LOCATED IN CORNING, NEW YORK, ESTABLISHED TO PROVIDE DECENT, SANITARY HOUSING FOR ELDERLY AND QUALIFIED DISABLED RESIDENTS. IT IS FEDERALLY SUBSIDIZED BY THE INSURANCE OF ITS MORTGAGE LOAN UNDER SECTION 231 OF THE FEDERAL HOUSING ACT, AND AN INTEREST SUBSIDY FROM HUD. IT IS ALSO SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENT AGREEMENTS AND A SIGNIFICANT PORTION OF THE RENTAL REVENUE IS RECEIVED FROM HUD.Expenses $951,070 · revenue $1,169,654
- DAYSPRING II IS A ONE HUNDRED EIGHT UNIT APARTMENT COMPLEX LOCATED IN CORNING, NEW YORK, ESTABLISHED TO PROVIDE DECENT, SANITARY HOUSING FOR ELDERLY HANDICAPPED OR DISABLED RESIDENTS. IT IS A FEDERALLY SUBSIDIZED SECTION 515 PROJECT WITH A RURAL RENTAL ASSISTANCE PROGRAM UNDER THE SUPERVISION OF THE RURAL ECONOMIC AND COMMUNITY DEVELOPMENT, A DIVISION OF USDA.Expenses $719,995 · revenue $803,861
- SERVICE COORDINATOR PROVIDING ASSISTANCE TO THE ELDERLY AND DISABLED RESIDENTS WITH SELECTING AND COMMUNICATING SUPPORTIVE AND MEDICAL SERVICES IN THE COMMUNITY SO THEY MAY CONTINUE LIVING INDEPENDENTLY.Expenses $61,552
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 23-7314767
- 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
- 1973
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $3,233,091
- Income (IRS master file)
- $2,102,065
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $2,102,065 | $1,811,432 | $3,233,091 | XML |
| 990 | September 2024 | $1,949,381 | $1,784,767 | $3,021,164 | XML |
| 990 | September 2023 | $1,849,611 | $1,579,563 | $3,028,112 | XML |
| 990 | September 2022 | $1,772,243 | $1,600,696 | $2,818,437 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 23-7314767).
Questions about PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC
- What is the EIN of PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC?
- The employer identification number (EIN) of PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC is 23-7314767.
- Is PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO 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 PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC?
- The 990 for the year ended September 30, 2025 names FREDERICK MALONEY.
- Who are the officers and directors of PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC?
- The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does PARKWAY ELDERLY HOUSING DEVELOPMENT FUND CO INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $2,102,065, expenses of $1,811,432 and total assets of $3,233,091 at year end.
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