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Nonprofit · EIN 27-3230057

MYERS SENIOR RESIDENCE INC

Tax-exempt · NEWARK, NJ 07107

Financials

$525K$763K2023$467K$753K2024
Revenue Expenses · by fiscal year end
Financials of MYERS SENIOR RESIDENCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$466,897$752,521-$285,624$8,385,601$294,608$8,090,993
December 31, 2023990$524,957$762,841-$237,884$8,667,822$282,756$8,385,066
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$464,327
Investment income
$1,244
Other revenue
$1,326

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$91,570
Salaries, compensation and benefits (total)
$107,288
Professional fundraising fees
$0
Legal fees
$13,189
Accounting fees
$23,835
Occupancy
$128,213
Depreciation
$268,126
Program services (functional)
$551,741
Management and general (functional)
$200,780

Balance sheet and other

Total assets, start of year
$8,667,822
Total assets, end of year
$8,385,601
Total liabilities, end of year
$294,608
Net assets, end of year
$8,090,993
Land, buildings and equipment
$7,924,449
Net assets without donor restrictions
$8,090,993
Gross receipts
$466,897
Employees
3
Volunteers
0
Year formed
2013
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
JOHN WESTERVELTPRESIDENT AND TREASURER
Trustee or director, Officer
1$0
HENRY AMOROSOVICE CHAIRPERSON
Trustee or director, Officer
1$0
RICHARD MALAGIERETRUSTEE
Trustee or director
1$0
REV MONSIGNOR RONALD ROZNIAKCHAIRPERSON
Trustee or director, Officer
1$0
J KENNETH PAGANOTRUSTEE
Trustee or director
1$0
ELIZABETH MCCLENDONVICE PRESIDENT
Trustee or director, Officer
1$0
BROTHER BENEDICT LO BALBOSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JOHN WESTERVELTPRESIDENT AND TREASURER
Trustee or director, Officer
1$0
HENRY AMOROSOVICE CHAIRPERSON
Trustee or director, Officer
1$0
RICHARD MALAGIERETRUSTEE
Trustee or director
1$0
REV MONSIGNOR RONALD ROZNIAKCHAIRPERSON
Trustee or director, Officer
1$0
J KENNETH PAGANOTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
590 N 7TH ST, NEWARK, NJ 07107-4553
In care of
% JOHN WESTERVELT
Principal officer (990 for 2024)
JOHN WESTERVELT, 590 NORTH 7TH STREET, NEWARK, NJ 07107
Signed the 990
JOHN WESTERVELT, PRESIDENT/TREASURER
Phone
(973) 596-3984
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE ORGANIZATION PROVIDES 50 UNITS OF RESIDENTIAL HOUSING FOR LOW-INCOME ELDERLY TENANTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDES 50 UNITS OF RESIDENTIAL HOUSING FOR THE ELDERLY.
    Expenses $551,741 · revenue $464,327

What it must file and when

IRS records say it files Not required (church). Churches are not required to file. 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
27-3230057
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Exempt since
1946
Accounting year ends
December
Files
Not required (church)
Assets (IRS master file)
$8,385,601
Income (IRS master file)
$466,897

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$466,897$752,521$8,385,601IRS
990December 2023$524,957$762,841$8,667,822XML
990December 2022$458,331$722,587$8,923,510IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 27-3230057).

Questions about MYERS SENIOR RESIDENCE INC

What is the EIN of MYERS SENIOR RESIDENCE INC?
The employer identification number (EIN) of MYERS SENIOR RESIDENCE INC is 27-3230057.
Is MYERS SENIOR RESIDENCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Which annual return does MYERS SENIOR RESIDENCE INC file?
Form Not required (church). Churches are not required to file.
When is the next return of MYERS SENIOR RESIDENCE 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 MYERS SENIOR RESIDENCE 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 MYERS SENIOR RESIDENCE INC?
The 990 for the year ended December 31, 2024 names JOHN WESTERVELT.
Who are the officers and directors of MYERS SENIOR RESIDENCE INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does MYERS SENIOR RESIDENCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $466,897, expenses of $752,521 and total assets of $8,385,601 at year end.

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