Nonprofit · EIN 25-1592475
SOMERSET VILLAS INC
Tax-exempt · PHILADELPHIA, PA 19140
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,318,432 | $1,392,237 | -$73,805 | $2,561,868 | $5,451,529 | -$2,889,661 |
| June 30, 2024 | 990 | $1,262,399 | $1,386,422 | -$124,023 | $2,673,924 | $5,489,780 | -$2,815,856 |
| June 30, 2023 | 990 | $1,173,102 | $1,279,917 | -$106,815 | $2,933,096 | $5,624,929 | -$2,691,833 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,308,049
- Investment income
- $190
- Other revenue
- $10,193
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $209,105
- Salaries, compensation and benefits (total)
- $241,092
- Professional fundraising fees
- $0
- Accounting fees
- $15,440
- Occupancy
- $109,724
- Depreciation
- $239,120
- Program services (functional)
- $1,310,221
- Management and general (functional)
- $82,016
Balance sheet and other
- Total assets, start of year
- $2,673,924
- Total assets, end of year
- $2,561,868
- Total liabilities, end of year
- $5,451,529
- Net assets, end of year
- -$2,889,661
- Land, buildings and equipment
- $1,500,666
- Net assets without donor restrictions
- -$2,889,661
- Gross receipts
- $1,318,432
- Employees
- 0
- Year formed
- 1988
- State of legal domicile
- PA
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID GONZALEZ | PROPERTY MAN Officer | 5 | $0 | $184,438 | $12,963 |
| RAFAEL PORRATA-DORIA JR ESQ | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GINA CHAPMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| DAVID GONZALEZ | PROPERTY MAN Officer | 5 | $0 | $182,062 |
| RAFAEL PORRATA-DORIA JR ESQ | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| GINA CHAPMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| DAVID GONZALEZ | PROPERTY MAN Officer | 5 | $0 | $168,371 |
| GINA CHAPMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAFAEL PORRATA-DORIA JR ESQ | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 167 W ALLEGHENY AVE, PHILADELPHIA, PA 19140-5846
- Principal officer (990 for 2024)
- DAVID GONZALEZ, 167 WEST ALLEGHENY AVENUE, PHILADELPHIA, PA 19140
- Signed the 990
- DAVID GONZALEZ, PROPERTY MANAGER
- Phone
- (215) 426-8025
- Website
- WWW.HACECDC.ORG
- Return prepared by
- J MILLER & ASSOCIATES LLC
Mission
TO PROVIDE LOW-INCOME HOUSING TO THE ELDERLY.
Program accomplishments
- PROVIDES 100 UNITS OF LOW-INCOME HOUSING TO THE ELDERLY. THIS IS THE PROGRAM FOR WHICH THE ORGANIZATION WAS ESTABLISHED AND TAX-EXEMPT STATUS GRANTED BY THE INTERNAL REVENUE SERVICE.Expenses $1,310,221 · revenue $1,308,049
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 25-1592475
- 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
- 1989
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $2,561,868
- Income (IRS master file)
- $1,318,432
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,318,432 | $1,392,237 | $2,561,868 | XML |
| 990 | June 2024 | $1,262,399 | $1,386,422 | $2,673,924 | XML |
| 990 | June 2023 | $1,173,102 | $1,279,917 | $2,933,096 | XML |
| 990 | June 2022 | $1,174,531 | $1,236,882 | $3,126,615 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 25-1592475).
Questions about SOMERSET VILLAS INC
- What is the EIN of SOMERSET VILLAS INC?
- The employer identification number (EIN) of SOMERSET VILLAS INC is 25-1592475.
- Is SOMERSET VILLAS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to SOMERSET VILLAS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOMERSET VILLAS 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 SOMERSET VILLAS INC 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 SOMERSET VILLAS INC 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 SOMERSET VILLAS INC?
- The 990 for the year ended June 30, 2025 names DAVID GONZALEZ.
- Who are the officers and directors of SOMERSET VILLAS INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does SOMERSET VILLAS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,318,432, expenses of $1,392,237 and total assets of $2,561,868 at year end.
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