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Nonprofit · EIN 26-0898815

MT AIRY TRANSIT VILLAGE INC

Tax-exempt (reinstated) · PHILADELPHIA, PA 19138

Financials

$584K$1M2022$584K$1M2023$584K$1.1M2024
Revenue Expenses · by fiscal year end
Financials of MT AIRY TRANSIT VILLAGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$583,956$1,051,703-$467,747$12,113,876$17,636,625-$5,522,749
June 30, 2024990$583,956$1,042,003-$458,047$12,547,392$17,638,108-$5,090,716
June 30, 2023990$583,956$1,047,732-$463,776$12,982,805$17,651,188-$4,668,383
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$583,956
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$25,076
Depreciation
$425,432
Program services (functional)
$1,009,256
Management and general (functional)
$42,447

Balance sheet and other

Total assets, start of year
$12,547,392
Total assets, end of year
$12,113,876
Total liabilities, end of year
$17,636,625
Net assets, end of year
-$5,522,749
Land, buildings and equipment
$11,897,561
Net assets without donor restrictions
-$5,522,749
Gross receipts
$583,956
Employees
0
Volunteers
3
Year formed
2007
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.

NameTitleHours / weekCompensation
ELLEN LUTZSECRETARY
Trustee or director, Officer
1$0
RICHARD BINSWANGERTREASURER
Trustee or director, Officer
1$0
ISAAC EWELLCHAIR/PRESIDENT
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
ELLEN LUTZSECRETARY
Trustee or director, Officer
1$0
RICHARD BINSWANGERTREASURER
Trustee or director, Officer
1$0
ISAAC EWELLCHAIR/PRESIDENT
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
ELLEN LUTZSECRETARY
Trustee or director, Officer
1$0
RICHARD BINSWANGERTREASURER
Trustee or director, Officer
1$0
ISAAC EWELLCHAIR/PRESIDENT
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
815 E WASHINGTON LN, PHILADELPHIA, PA 19138-1023
Principal officer (990 for 2024)
ISAAC EWELL, 815 E WASHINGTON LANE, PHILADELPHIA, PA 19138
Signed the 990
ISAAC EWELL, CHAIR OF BOARD
Phone
(805) 415-2710
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

THE ORGANIZATION IS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS WHOSE PRIMARY PURPOSE IS TO ACQUIRE AND RENOVATE BLIGHTED PROPERTIES IN THE CITY OF PHILADELPHIA.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION IS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS WHOSE PRIMARY PURPOSE IS TO ACQUIRE AND RENOVATE BLIGHTED PROPERTIES IN THE CITY OF PHILADELPHIA. UNDER THE NMTC PROGRAM, THE ORGANIZATION OBTAINED NMTC INCENTIVIZED FINANCING FROM TWO COMMUNITY DEVELOPMENT ENTITIES TO REHABILITATE AND IMPROVE A BUILDING TO BE LEASED TO WISSAHICKON CHARTER SCHOOL.
    Expenses $1,009,256 · revenue $583,956

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-0898815
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
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,113,876
Income (IRS master file)
$583,956

Revocation and reinstatement

Exemption revoked
November 15, 2016
Posted by the IRS
March 16, 2017
Reinstated
Effective November 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$583,956$1,051,703$12,113,876XML
990June 2024$583,956$1,042,003$12,547,392XML
990June 2023$583,956$1,047,732$12,982,805XML
990June 2022$583,956$1,072,420$13,256,845IRS

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 26-0898815).

Questions about MT AIRY TRANSIT VILLAGE INC

What is the EIN of MT AIRY TRANSIT VILLAGE INC?
The employer identification number (EIN) of MT AIRY TRANSIT VILLAGE INC is 26-0898815.
Is MT AIRY TRANSIT VILLAGE INC tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2016 and reinstated it effective November 15, 2016.
Are donations to MT AIRY TRANSIT VILLAGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MT AIRY TRANSIT VILLAGE 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 MT AIRY TRANSIT VILLAGE 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 MT AIRY TRANSIT VILLAGE 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 MT AIRY TRANSIT VILLAGE INC?
The 990 for the year ended June 30, 2025 names ISAAC EWELL.
Who are the officers and directors of MT AIRY TRANSIT VILLAGE INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does MT AIRY TRANSIT VILLAGE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $583,956, expenses of $1,051,703 and total assets of $12,113,876 at year end.

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