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Nonprofit · EIN 26-1590898

RED BANK AFFORDABLE HOUSING CORPORATION

Tax-exempt · RED BANK, NJ 07701

Financials

$18K$21K2023$13K$10K2024
Revenue Expenses · by fiscal year end
Financials of RED BANK AFFORDABLE HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,654$10,429$2,225$3,056$0$3,056
December 31, 2023990$17,560$21,143-$3,583$831$0$831
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$12,654
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
$500
Program services (functional)
$10,429

Balance sheet and other

Total assets, start of year
$831
Total assets, end of year
$3,056
Total liabilities, end of year
$0
Net assets, end of year
$3,056
Gross receipts
$12,654
Employees
0
Volunteers
9
Year formed
2008
State of legal domicile
NJ

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Rev Terrence PorterPresident
Officer
2$0
Renee HarrisVice President
Trustee or director
1$0
Larry LeveretteTrustee
Trustee or director
1$0
Nichoele PegueseTreasurer
Officer
1$0
Gary MooreTrustee
Trustee or director
1$0
Nina NormanTrustee
Trustee or director
1$0
Alpha Reynolds-LewisTrustee
Trustee or director
1$0
Ann WolfTrustee
Trustee or director
1$0
Kathleen WilliamsTrustee
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Rev Terrence PorterPresident
Officer
2$0
Renee HarrisVice President
Trustee or director
1$0
Larry LeveretteTrustee
Trustee or director
1$0
Nichoele PegueseTreasurer
Officer
1$0
Gary MooreTrustee
Trustee or director
1$0
Nina NormanTrustee
Trustee or director
1$0
Alpha Reynolds-LewisTrustee
Trustee or director
1$0
Ann WolfTrustee
Trustee or director
1$0
Kathleen WilliamsTrustee
Trustee or director
1$0

Address and contacts

Address (IRS master file)
172 SHREWSBURY AVE, RED BANK, NJ 07701-1227
In care of
% WILLIAM KATCHEN
Principal officer (990 for 2024)
Pastor Terrence Porter, 172 Shrewsbury Avenue, Red Bank, NJ 07701
Signed the 990
TERRENCE K PORTER, Officer
Phone
(201) 943-4449
Return prepared by
WILLIAM KATCHEN CPA LLC

Mission

TO DEVELOP AND MANAGE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AS WELL AS ASSIST IN CERTIFING ELIGIBLE FAMILIES FOR LOW AND MODERATE INCOME HOUSING

990 for the year ended December 31, 2024

Program accomplishments

  • TO DEVELOP AND MANAGE HOUSING FOR LOW AND MODERATE INCOME FAMILIES INVOLVING ASSISTANCE IN CONFIRMING ELIGIBILITY OF PARTICIPANTS
    Expenses $10,429 · revenue $12,654

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-1590898
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
2008
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$3,056
Income (IRS master file)
$12,654

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,654$10,429$3,056XML
990December 2023$17,560$21,143$831XML
990December 2022$16,550$49,134$5,043IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 26-1590898).

Questions about RED BANK AFFORDABLE HOUSING CORPORATION

What is the EIN of RED BANK AFFORDABLE HOUSING CORPORATION?
The employer identification number (EIN) of RED BANK AFFORDABLE HOUSING CORPORATION is 26-1590898.
Is RED BANK AFFORDABLE HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to RED BANK AFFORDABLE HOUSING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RED BANK AFFORDABLE HOUSING CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of RED BANK AFFORDABLE HOUSING CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RED BANK AFFORDABLE HOUSING CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RED BANK AFFORDABLE HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 names Pastor Terrence Porter.
Who are the officers and directors of RED BANK AFFORDABLE HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does RED BANK AFFORDABLE HOUSING CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $12,654, expenses of $10,429 and total assets of $3,056 at year end.

Other nonprofits in RED BANK

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