Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 23-7328328

GARDNER INDUSTRIAL DEVELOPMENT CORPORATION

Tax-exempt · STERLING, MA 01564

Financials

$18K$2K2023
Revenue Expenses · by fiscal year end
Financials of GARDNER INDUSTRIAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2024990$18,475$1,715$16,760$878,388$850$877,538
Financial details: 990 for the year ended July 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$18,475
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,700

Balance sheet and other

Total assets, start of year
$824,682
Total assets, end of year
$878,388
Total liabilities, end of year
$850
Net assets, end of year
$877,538
Land, buildings and equipment
$446
Net assets without donor restrictions
$877,538
Gross receipts
$18,475
Employees
0
Volunteers
0
Year formed
1962
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 July 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH SOVATREASURER
Trustee or director, Officer
1$0
HENRI L SANS JRSECRETARY
Trustee or director, Officer
1$0
JAY DAVIS DRAKEPRESIDENT
Trustee or director, Officer
1$0
CHARLES E MARTELDIRECTOR
Trustee or director
1$0
CALVIN BROOKSDIRECTOR
Trustee or director
1$0
PATRICIA BERGSTROMDIRECTOR
Trustee or director
1$0
RICHARD E PERRYDIRECTOR
Trustee or director
1$0
ELLIOTT DAVIS DRAKEDIRECTOR
Trustee or director
0$0
GERALD L BANKOWSKIDIRECTOR
Trustee or director
0$0
JAMES L FLETCHERDIRECTOR
Trustee or director
1$0
BRIAN M SZOCDIRECTOR
Trustee or director
1$0
PETER J RUSSODIRECTOR
Trustee or director
1$0
JAMES A CARPENTERDIRECTOR
Trustee or director
1$0
JAMES M WALSH ESQDIRECTOR
Trustee or director
1$0
KAREN A KOLLERDIRECTOR
Trustee or director
1$0
1 more people on this return
NameTitleHours / weekCompensation
RAYMOND F LAFONDDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
CO JOSEPH SOVA 7 CYNTHIA LANE, STERLING, MA 01564-0000
In care of
% JOE SOVA
Principal officer (990 for 2023)
JOSEPH SOVA, C/O AVIDIA BANK 42 MAIN STREET, HUDSON, MA 01749
Signed the 990
JOSEPH SOVA, TREASURER
Phone
(978) 567-3669
Return prepared by
ALARIO & ASSOCIATES CPA PC

Mission

TO PROMOTE, STIMULATE, DEVELOP, AND ADVANCE THE BUSINESS PROSPERITY AND ECONOMIC WELFARE OF THE CITY OF GARDNER AND ITS VICINITY AND THE CITIZENS THEREOF.

990 for the year ended July 31, 2024

Program accomplishments

  • TO PROMOTE JOB OPPORTUNITIES FOR AREA RESIDENTS BY ATTRACTING AND EXPANDING EXISTING BUSINESSES.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025Not on file
2023July 31, 2024December 16, 2024990 on file

File the 2025 990-N for GARDNER INDUSTRIAL DEVELOPMENT CORPORATION

Due December 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
23-7328328
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1973
Accounting year ends
July
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$878,388
Income (IRS master file)
$18,475

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2024$18,475$1,715$878,388XML
990July 2023$20,272$865$824,682IRS
990July 2022–––IRS
990July 2021–––IRS
990July 2019–––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 23-7328328).

Questions about GARDNER INDUSTRIAL DEVELOPMENT CORPORATION

What is the EIN of GARDNER INDUSTRIAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of GARDNER INDUSTRIAL DEVELOPMENT CORPORATION is 23-7328328.
Is GARDNER INDUSTRIAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
Are donations to GARDNER INDUSTRIAL DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GARDNER INDUSTRIAL DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GARDNER INDUSTRIAL DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GARDNER INDUSTRIAL DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2024.
Who is the principal officer of GARDNER INDUSTRIAL DEVELOPMENT CORPORATION?
The 990 for the year ended July 31, 2024 names JOSEPH SOVA.
Who are the officers and directors of GARDNER INDUSTRIAL DEVELOPMENT CORPORATION?
The 990 for the year ended July 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does GARDNER INDUSTRIAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended July 31, 2024 it reported revenue of $18,475, expenses of $1,715 and total assets of $878,388 at year end.

Other nonprofits in STERLING

All nonprofits in STERLING · Massachusetts