Nonprofit · EIN 31-1762432
NEWPORT MILLENNIUM HOUSING CORPORATION III
Tax-exempt · NEWPORT, KY 41072
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $613,550 | $534,651 | $78,899 | $14,247,456 | $271,648 | $13,975,808 |
| December 31, 2023 | 990 | $1,080,536 | $539,910 | $540,626 | $14,223,386 | $326,477 | $13,896,909 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $654,453
- of which government grants
- $654,453
- Program service revenue
- $413,738
- Investment income
- $80,197
- Net income from sales of inventory
- -$552,018
- Other revenue
- -$534,838
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $31,856
- Other salaries and wages
- $180,703
- Salaries, compensation and benefits (total)
- $270,354
- Professional fundraising fees
- $0
- Legal fees
- $1,827
- Accounting fees
- $11,004
- Occupancy
- $107,011
- Travel
- $4,769
- Depreciation
- $90,278
- Program services (functional)
- $471,601
- Management and general (functional)
- $63,050
Balance sheet and other
- Total assets, start of year
- $14,223,386
- Total assets, end of year
- $14,247,456
- Total liabilities, end of year
- $271,648
- Net assets, end of year
- $13,975,808
- Land, buildings and equipment
- $4,213,141
- Net assets without donor restrictions
- $12,011,406
- Net assets with donor restrictions
- $1,964,402
- Gross receipts
- $1,793,198
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2001
- State of legal domicile
- KY
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS GUIDUGLI SR | PRESIDENT Officer | 6 | $23,829 | $135,032 | $20,578 |
| RONALD J RAWE | TREASURER Officer | 2 | $4,698 | $89,261 | $19,440 |
| GINA SCHNEIDER | SECRETARY Officer | 3 | $3,329 | $29,965 | $20,672 |
| MICHAEL CHALK | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CAROLYN DUFF | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD BUECHEL JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MAYOR THOMAS GUIDUGLI JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH MUMPER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS GUIDUGLI | PRESIDENT Officer | 6 | $22,496 | $127,480 | $19,624 |
| RON RAWE | TREASURER Officer | 2 | $4,470 | $84,934 | $18,865 |
| GINA SCHNEIDER | SECRETARY Officer | 2 | $1,542 | $29,300 | $20,308 |
| MICHAEL CHALK | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CAROLYN DUFF | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD BUECHEL JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MAYOR THOMAS GUIDUGLI JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH MUMPER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 459, NEWPORT, KY 41072-0000
- Principal officer (990 for 2024)
- THOMAS GUIDUGLI, 30 E 8TH ST, NEWPORT, KY 41071
- Signed the 990
- RON RAWE, TREASURER
- Phone
- (859) 441-0466
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
CREATE LOW INCOME HOUSING THROUGH THE ACQUISITION OF PROPERTY FOR DEVELOPMENT AND OPERATION OF MULTI-INCOME HOUSING PROJECTS.
Program accomplishments
- PARTNERED WITH DEVELOPERS FOR THE DEVELOPMENT OF A SENIOR HIGH RISE BUILDING AND A SEPARATE TWENTY UNIT BUILDING USING HOPE VI FUNDS.Expenses $471,601 · revenue $1,128,177
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
- 31-1762432
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $14,247,456
- Income (IRS master file)
- $1,793,198
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $613,550 | $534,651 | $14,247,456 | XML |
| 990 | December 2023 | $1,080,536 | $539,910 | $14,223,386 | XML |
| 990 | December 2022 | -$44,065 | $507,078 | $13,724,891 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 31-1762432).
Questions about NEWPORT MILLENNIUM HOUSING CORPORATION III
- What is the EIN of NEWPORT MILLENNIUM HOUSING CORPORATION III?
- The employer identification number (EIN) of NEWPORT MILLENNIUM HOUSING CORPORATION III is 31-1762432.
- Is NEWPORT MILLENNIUM HOUSING CORPORATION III tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to NEWPORT MILLENNIUM HOUSING CORPORATION III tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEWPORT MILLENNIUM HOUSING CORPORATION III 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 NEWPORT MILLENNIUM HOUSING CORPORATION III 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 NEWPORT MILLENNIUM HOUSING CORPORATION III 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 NEWPORT MILLENNIUM HOUSING CORPORATION III?
- The 990 for the year ended December 31, 2024 names THOMAS GUIDUGLI.
- Who are the officers and directors of NEWPORT MILLENNIUM HOUSING CORPORATION III?
- The 990 for the year ended December 31, 2024 lists 8 people; 3 received compensation from the organization, the highest $23,829 (THOMAS GUIDUGLI SR, PRESIDENT).
- How much revenue does NEWPORT MILLENNIUM HOUSING CORPORATION III have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $613,550, expenses of $534,651 and total assets of $14,247,456 at year end.
Other nonprofits in NEWPORT
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- AUSTINBURG APARTMENTS INC EIN 61-1177937 · last filed 990 for 2026
- NEWPORT COMMONS INC EIN 20-2432992 · last filed 990 for 2026
- NEWPORT MILLENNIUM HOUSING CORPORATION IV EIN 31-1762425 · last filed 990-PF for 2024
- NEWPORT MILLENNIUM HOUSING CORPORATION II EIN 61-1388543 · last filed 990-N for 2024
- HEALTHPOINT FAMILY CARE INC EIN 61-0729915 · last filed 990 for 2025
- BRIGHTON CENTER INC EIN 61-0673886 · last filed 990 for 2025
- FAITH COMMUNITY PHARMACY INC EIN 61-1378914 · last filed 990 for 2025