Skip to main content

Nonprofit · EIN 26-1407220

ADELANTE INC

Tax-exempt · PROVIDENCE, RI 02907

Financials

$659K$665K2022$658K$707K2023$792K$849K2024
Revenue Expenses · by fiscal year end
Financials of ADELANTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$791,748$849,041-$57,293$3,700,636$4,578,525-$877,889
June 30, 2024990$658,018$707,124-$49,106$3,759,070$4,572,950-$813,880
June 30, 2023990$659,381$664,976-$5,595$3,836,121$4,600,895-$764,774
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$605,966
of which government grants
$605,966
Program service revenue
$173,024
Investment income
$12,737
Other revenue
$21

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$191,550
Salaries, compensation and benefits (total)
$191,550
Professional fundraising fees
$0
Legal fees
$79
Accounting fees
$24,682
Occupancy
$345,245
Depreciation
$124,630
Program services (functional)
$747,304
Management and general (functional)
$101,737

Balance sheet and other

Total assets, start of year
$3,759,070
Total assets, end of year
$3,700,636
Total liabilities, end of year
$4,578,525
Net assets, end of year
-$877,889
Land, buildings and equipment
$3,259,555
Net assets without donor restrictions
-$877,889
Gross receipts
$791,748
Employees
0
Volunteers
0
Year formed
2008
State of legal domicile
RI

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
FRANK SHEAPRESIDENT
Officer
1$0
LARRY KELLAMTREASURER
Officer
0.5$0
VICKIE WALTERSVICE PRESIDENT
Officer
0.5$0
MICHELLE BROPHYSECRETARY
Officer
0.5$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
FRANK SHEAPRESIDENT
Officer
1$0
LARRY KELLAMTREASURER
Officer
0.5$0
VICKIE WALTERSVICE PRESIDENT
Officer
0.5$0
MICHELLE BROPHYSECRETARY
Officer
0.5$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
JULIA BUSHCHAIR
Trustee or director, Officer
0.5$0
ANN SABBAGHDIRECTOR
Trustee or director
0.5$0
BARBARA COLTDIRECTOR
Trustee or director
0.5$0
VALERIE TALMAGETREAS AND SEC
Trustee or director, Officer
0.5$0
STEPHANIE ZUREKDIRECTOR
Trustee or director
0.5$0
NOEL SANCHEZDIRECTOR
Trustee or director
0.5$0
LARRY KELLAMDIRECTOR
Trustee or director
0.5$0
JAMES COMERPRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
861A BROAD ST, PROVIDENCE, RI 02907-1768
In care of
% SUSAN AITCHESON
Principal officer (990 for 2024)
FRANK SHEA, 861A BROAD ST, PROVIDENCE, RI 02907
Signed the 990
FRANK SHEA, EXECUTIVE DIRECTOR
Phone
(401) 941-2900
Return prepared by
DAMIANO BURK & NUTTALL PC

Mission

TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND DISABLED IN THE PROVIDENCE, RI AREA UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND DISABLED IN THE PORVIDENCE, RI AREA UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT. OWNS AND OPERATES A 53 UNIT APARTMENT COMPLEX.
    Expenses $747,304 · revenue $173,045

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
26-1407220
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
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,700,636
Income (IRS master file)
$791,748

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$791,748$849,041$3,700,636IRS
990June 2024$658,018$707,124$3,759,070XML
990June 2023$659,381$664,976$3,836,121IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 26-1407220).

Questions about ADELANTE INC

What is the EIN of ADELANTE INC?
The employer identification number (EIN) of ADELANTE INC is 26-1407220.
Is ADELANTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to ADELANTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ADELANTE 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 ADELANTE 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 ADELANTE 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 ADELANTE INC?
The 990 for the year ended June 30, 2025 names FRANK SHEA.
Who are the officers and directors of ADELANTE INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does ADELANTE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $791,748, expenses of $849,041 and total assets of $3,700,636 at year end.

Other nonprofits in PROVIDENCE

All nonprofits in PROVIDENCE · Rhode Island · Housing and shelter