Nonprofit · EIN 32-0225691
LBB CORP
Also known as ROBERT SABEL
Tax-exempt · NEWPORT, RI 02840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $577,837 | $658,733 | -$80,896 | $5,229,778 | $867,679 | $4,362,099 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $570,625
- Investment income
- $1,323
- Other revenue
- $5,889
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
- Accounting fees
- $22,640
- Depreciation
- $190,734
- Program services (functional)
- $658,733
Balance sheet and other
- Total assets, start of year
- $5,317,896
- Total assets, end of year
- $5,229,778
- Total liabilities, end of year
- $867,679
- Net assets, end of year
- $4,362,099
- Land, buildings and equipment
- $4,773,331
- Net assets without donor restrictions
- $4,362,099
- Gross receipts
- $577,837
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2007
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT SABEL | President Trustee or director, Officer | 0.5 | $0 |
| MARJORIE JENSEN | Vice President Trustee or director, Officer | 0.5 | $0 |
| KARENLU LAPOLICE | Secretary Trustee or director, Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 50 WASHINGTON SQUARE, NEWPORT, RI 02840-3083
- In care of
- % CHURCH COMMUNITY HOUSING CORP
- Mailing address (990-N for 2010)
- 50 Washington Square, Newport RI 02840
- Principal officer (990-N for 2010)
- D'ambra cpa, 531 Harris Avenue, Woonsocket RI 02895
- Signed the 990
- ROBERT SABEL, President
- Phone
- (401) 846-5114
- Return prepared by
- FJ & Associates PLLC
Mission
AFFORDABLE HOUSING FOR LOW INCOME PERSONS UNDER HUD SECTION 202
Program accomplishments
- OWN AND OPERATE LOW INCOME HOUSING UNDER HUD SECTION 202Expenses $658,733 · revenue $577,837
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 | 990 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
- 32-0225691
- 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
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $5,229,778
- Income (IRS master file)
- $577,837
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $329,858 | $578,812 | $5,480,587 | IRS |
| 990 | December 2022 | $341,133 | $528,982 | $5,700,470 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: D'ambra cpa | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
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 LBB CORP
- What is the EIN of LBB CORP?
- The employer identification number (EIN) of LBB CORP is 32-0225691.
- Is LBB CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to LBB CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LBB CORP 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 LBB CORP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LBB CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LBB CORP?
- The 990-N for 2010 names D'ambra cpa.
- Who are the officers and directors of LBB CORP?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LBB CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $577,837, expenses of $658,733 and total assets of $5,229,778 at year end.
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