Nonprofit · EIN 27-2994869
ACADIA HOUSING INC
Tax-exempt · TOLLAND, CT 06084
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $752,491 | $1,591,022 | -$838,531 | $3,223,426 | $3,829,596 | -$606,170 |
| December 31, 2023 | 990 | $654,370 | $1,484,782 | -$830,412 | $5,650,503 | $6,414,421 | -$763,918 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $454,535
- of which government grants
- $454,535
- Program service revenue
- $256,294
- Investment income
- $23,055
- Other revenue
- $18,607
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,822
- Accounting fees
- $10,219
- Occupancy
- $141,627
- Depreciation
- $81,061
- Program services (functional)
- $1,462,633
- Management and general (functional)
- $128,389
Balance sheet and other
- Total assets, start of year
- $5,650,503
- Total assets, end of year
- $3,223,426
- Total liabilities, end of year
- $3,829,596
- Net assets, end of year
- -$606,170
- Land, buildings and equipment
- $1,910,555
- Net assets without donor restrictions
- -$606,170
- Gross receipts
- $752,491
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2010
- State of legal domicile
- CT
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 |
|---|---|---|---|
| MATTHEW SCIBEK | PRESIDENT Trustee or director, Officer | 1 | $0 |
| REGINALD BABCOCK | SECRETARY AND TREASURER Trustee or director, Officer | 1 | $0 |
| RICHARD PIERCE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUSAN GUNDERMAN | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN GARCIA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REGINALD L BABCOCK | SECRETARY Trustee or director, Officer | 1 | $0 |
| SUSAN GUNDERMAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RICHARD PIERCE | DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW J SCIBEK | PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 384 MERROW RD STE Q, TOLLAND, CT 06084-3957
- In care of
- % REGINALD L BABCOCK
- Principal officer (990 for 2024)
- MATTHEW J SCIBEK, 384Q MERROW RD, TOLLAND, CT 06084
- Signed the 990
- MATTHEW J SCIBEK, PRESIDENT
- Phone
- (860) 398-5425
- Return prepared by
- WHITTLESEY PC
Mission
TO PROVIDE DECENT HOUSING THAT IS AFFORDABLE TO LOW AND MODERATE INCOME PERSON
Program accomplishments
- THE COMPANY, ACADIA HOUSING, INC., OPERATES THREE PROJECTS, A 24 UNIT APARTMENT COMPLEX KNOWN AS DARTMOUTH VILLAGE, A 27 UNIT APARTMENT COMPLEX KNOWN AS NUTMEG PARK, AND A 24 UNIT APARTMENT COMPLEX KNOWN AS RIVERSIDE VILLAGE, UNDER SECTION 515 OF THE NATIONAL HOUSING ACTOF 1949. THESE PROJECTS ARE REGULATED BY THE UNITED STATES DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT (USDARD).Expenses $1,462,633 · revenue $702,570
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
- 27-2994869
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $3,223,426
- Income (IRS master file)
- $752,491
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $665,361 | $843,504 | $6,164,699 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ACADIA HOUSING INC
- What is the EIN of ACADIA HOUSING INC?
- The employer identification number (EIN) of ACADIA HOUSING INC is 27-2994869.
- Is ACADIA HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to ACADIA HOUSING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADIA HOUSING 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 ACADIA HOUSING 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 ACADIA HOUSING 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 ACADIA HOUSING INC?
- The 990 for the year ended December 31, 2024 names MATTHEW J SCIBEK.
- Who are the officers and directors of ACADIA HOUSING INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does ACADIA HOUSING INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $752,491, expenses of $1,591,022 and total assets of $3,223,426 at year end.
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All nonprofits in TOLLAND · Connecticut · Housing and shelter