Nonprofit · EIN 23-7333862
FAIRHAVEN APARTMENTS INC
Tax-exempt · LAWRENCEBURG, IN 47025
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $374,822 | $572,216 | -$197,394 | $1,581,081 | $120,320 | $1,460,761 |
| December 31, 2024 | 990 | $346,607 | $407,654 | -$61,047 | $1,754,796 | $96,641 | $1,658,155 |
| December 31, 2023 | 990 | $563,385 | $423,170 | $140,215 | $1,834,502 | $115,300 | $1,719,202 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $371,701
- Investment income
- $54
- Other revenue
- $3,067
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $79,384
- Salaries, compensation and benefits (total)
- $90,342
- Professional fundraising fees
- $0
- Accounting fees
- $4,750
- Occupancy
- $78,220
- Depreciation
- $118,337
- Program services (functional)
- $488,564
- Management and general (functional)
- $83,652
Balance sheet and other
- Total assets, start of year
- $1,754,796
- Total assets, end of year
- $1,581,081
- Total liabilities, end of year
- $120,320
- Net assets, end of year
- $1,460,761
- Land, buildings and equipment
- $1,505,181
- Net assets without donor restrictions
- $1,460,761
- Gross receipts
- $374,822
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1974
- State of legal domicile
- IN
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN KIME | BOARD MEMBER Trustee or director | 2 | $0 |
| PAUL SEYMOUR | BOARD MEMBER Trustee or director | 2 | $0 |
| GERALD D KING | PRESIDENT Officer | 2 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN KIME | BOARD MEMBER Trustee or director | 2 | $0 |
| PAUL SEYMOUR | BOARD MEMBER Trustee or director | 2 | $0 |
| GERALD D KING | PRESIDENT Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN KIME | BOARD MEMBER Trustee or director | 2 | $0 |
| PAUL SEYMOUR | BOARD MEMBER Trustee or director | 2 | $0 |
| GERALD D KING | PRESIDENT Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 455 ST CLAIR 112 112, LAWRENCEBURG, IN 47025-0000
- In care of
- % FRANCIS FLASPOHLER
- Principal officer (990 for 2025)
- MITCH WALTERS, 455 ST CLAIR 112 112, LAWRENCEBURG, IN 47025
- Signed the 990
- MITCH WALTERS, MANAGEMENT AGENT
- Phone
- (317) 344-2491
- Return prepared by
- AGRESTA STORMS & O'LEARY PC
Mission
THE MISSION OF FAIRHAVEN APARTMENTS, INC IS TO PROVIDE AND OPERATE RENTAL HOUSING AND RELATED FACILITIES THAT MEET THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ALL ELIGIBLE OCCUPANTS, AS DETERMINED BY THE RURAL ECONOMIC AND COMMUNITY DEVELOPMENT AGENCY OF THE FARMERS HOME
Program accomplishments
- THE MANAGEMENT AND OPERATION OF 65 APARTMENTS FOR ELIGIBLE LOW INCOME ELDERLY PERSONS IN AND AROUND LAWRENCEBURG, INDIANAExpenses $488,564 · revenue $374,768
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7333862
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,581,081
- Income (IRS master file)
- $374,822
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $374,822 | $572,216 | $1,581,081 | XML |
| 990 | December 2024 | $346,607 | $407,654 | $1,754,796 | IRS |
| 990 | December 2023 | $563,385 | $423,170 | $1,834,502 | XML |
| 990 | December 2022 | $923,518 | $292,578 | $1,758,767 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 23-7333862).
Questions about FAIRHAVEN APARTMENTS INC
- What is the EIN of FAIRHAVEN APARTMENTS INC?
- The employer identification number (EIN) of FAIRHAVEN APARTMENTS INC is 23-7333862.
- Is FAIRHAVEN APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1977.
- Are donations to FAIRHAVEN APARTMENTS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FAIRHAVEN APARTMENTS 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 FAIRHAVEN APARTMENTS INC 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 FAIRHAVEN APARTMENTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FAIRHAVEN APARTMENTS INC?
- The 990 for the year ended December 31, 2025 names MITCH WALTERS.
- Who are the officers and directors of FAIRHAVEN APARTMENTS INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FAIRHAVEN APARTMENTS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $374,822, expenses of $572,216 and total assets of $1,581,081 at year end.
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