Nonprofit · EIN 26-4826876
SANDYWOODS HOMES INC
Tax-exempt · NEWPORT, RI 02840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,028,574 | $1,450,321 | -$421,747 | $8,702,679 | $6,208,847 | $2,493,832 |
| December 31, 2023 | 990 | $1,032,573 | $1,382,123 | -$349,550 | $9,198,669 | $6,283,090 | $2,915,579 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $47,469
- of which government grants
- $47,469
- Program service revenue
- $963,617
- Investment income
- $5,582
- Other revenue
- $11,906
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $3,880
- Accounting fees
- $9,000
- Occupancy
- $225,283
- Depreciation
- $484,472
- Program services (functional)
- $1,450,321
Balance sheet and other
- Total assets, start of year
- $9,198,669
- Total assets, end of year
- $8,702,679
- Total liabilities, end of year
- $6,208,847
- Net assets, end of year
- $2,493,832
- Land, buildings and equipment
- $8,317,214
- Net assets without donor restrictions
- $1,939,260
- Net assets with donor restrictions
- $554,572
- Gross receipts
- $1,028,574
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2009
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARJORIE JENSEN | President Trustee or director, Officer | 1 | $0 |
| SUSAN BODINGTON | Director Trustee or director | 1 | $0 |
| ROBERT SABEL | Treasurer Trustee or director, Officer | 1 | $0 |
| PATRICIA SARGENT | Director Trustee or director | 1 | $0 |
| ELIZABETH PHELPS | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARJORIE JENSEN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUSAN BODINGTON | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT SABEL | TREASURER/SECRETARY Trustee or director, Officer | 1 | $0 |
| PATRICIA SARGENT | DIRECTOR Trustee or director | 1 | $0 |
| ELIZABETH PHELPS | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 50 WASHINGTON SQUARE, NEWPORT, RI 02840-3083
- In care of
- % CHURCH COMMUNITY HOUSING CORP
- Principal officer (990 for 2024)
- ROBERT SABEL, 50 WASHINGTON SQUARE, NEWPORT, RI 02840
- Signed the 990
- ROBERT SABEL, Treasurer
- Phone
- (401) 846-5114
- Return prepared by
- FJ & Associates PLLC
Mission
TO DEVELOP AND OWN AFFORDABLE LOW AND MODERATE INCOME HOUSING
Program accomplishments
- OWNERSHIP OF 50 UNITS OF AFFORDABLE HOUSINGExpenses $1,450,321 · revenue $981,105
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4826876
- 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
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $8,702,679
- Income (IRS master file)
- $1,028,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,028,574 | $1,450,321 | $8,702,679 | XML |
| 990 | December 2023 | $1,032,573 | $1,382,123 | $9,198,669 | XML |
| 990 | December 2022 | $836,691 | $1,375,246 | $9,653,108 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 26-4826876).
Questions about SANDYWOODS HOMES INC
- What is the EIN of SANDYWOODS HOMES INC?
- The employer identification number (EIN) of SANDYWOODS HOMES INC is 26-4826876.
- Is SANDYWOODS HOMES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to SANDYWOODS HOMES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SANDYWOODS HOMES 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 SANDYWOODS HOMES 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 SANDYWOODS HOMES 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 SANDYWOODS HOMES INC?
- The 990 for the year ended December 31, 2024 names ROBERT SABEL.
- Who are the officers and directors of SANDYWOODS HOMES INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SANDYWOODS HOMES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,028,574, expenses of $1,450,321 and total assets of $8,702,679 at year end.
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All nonprofits in NEWPORT · Rhode Island · Housing and shelter