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Nonprofit · EIN 26-1940826

ADVANCE HOUSING FOUNDATION INC

Tax-exempt · PARAMUS, NJ 07652

Financials

$5K$22K2023$28K$1K2024
Revenue Expenses · by fiscal year end
Financials of ADVANCE HOUSING FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$27,962$1,015$26,947$223,078$0$223,078
December 31, 2023990$4,753$21,978-$17,225$196,599$468$196,131
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$23,904
Program service revenue
$0
Investment income
$4,058
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Management and general (functional)
$1,015

Balance sheet and other

Total assets, start of year
$196,599
Total assets, end of year
$223,078
Total liabilities, end of year
$0
Net assets, end of year
$223,078
Net assets without donor restrictions
$223,078
Gross receipts
$27,962
Employees
0
Volunteers
3
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 / weekCompensationFrom related orgsOther / benefits
CAROLYN JAIMECEO
Trustee or director, Officer
1$0$178,169$25,851
BINA SHAHCOO
Officer
1$0$100,243$28,337
CHARLES HIGGINSPRESIDENT
Trustee or director, Officer
1$0$0$0
SUSAN DEANGELOSECRETARY
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CAROLYN JAIME LCSWMEMBER AND CEO
Trustee or director, Officer
35$0$174,000$5,926
CHARLES HIGGINSPRESIDENT
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
64 E MIDLAND AVE STE 2, PARAMUS, NJ 07652-2934
Principal officer (990 for 2024)
CAROLYN JAIME, 64 E MIDLAND AVE SUITE 2, PARAMUS, NJ 07652
Signed the 990
CAROLYN JAIME, PRESIDENT & CEO
Phone
(201) 498-9140
Return prepared by
SAX LLP

Mission

THE MISSION OF ADVANCE HOUSING FOUNDATION, INC. IS TO SERVE AS THE GENERAL FUNDRAISING AND SUPPORT BRANCH OF ADVANCE HOUSING, INC. FOR INDIVIDUALS WITH PSYCHIATRIC DISABILITIES. ADVANCE HOUSING FOUNDATION, INC. ALSO PROVIDES TRUST FUND MANAGEMENT SERVICES TO THOSE INDIVIDUALS TO FURTHER HELP THEM LIVE INDEPENDENTLY AND PRODUCTIVELY IN THE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • GENERAL FUNDRAISING AND TRUST FUND MANAGEMENT.

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
26-1940826
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2009
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Health care (E112)
Assets (IRS master file)
$223,078
Income (IRS master file)
$27,962

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$27,962$1,015$223,078IRS
990December 2023$4,753$21,978$196,599XML
990December 2022$24,996$4,383$214,556IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 26-1940826).

Questions about ADVANCE HOUSING FOUNDATION INC

What is the EIN of ADVANCE HOUSING FOUNDATION INC?
The employer identification number (EIN) of ADVANCE HOUSING FOUNDATION INC is 26-1940826.
Is ADVANCE HOUSING FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to ADVANCE HOUSING FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does ADVANCE HOUSING FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ADVANCE HOUSING FOUNDATION INC 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 ADVANCE HOUSING FOUNDATION INC 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 ADVANCE HOUSING FOUNDATION INC?
The 990 for the year ended December 31, 2024 names CAROLYN JAIME.
Who are the officers and directors of ADVANCE HOUSING FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does ADVANCE HOUSING FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $27,962, expenses of $1,015 and total assets of $223,078 at year end.

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