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Nonprofit · EIN 34-1730014

IVY PLAZA HOUSING CORPORATION

Tax-exempt · CLEVELAND, OH 44104

Financials

$501K$656K2023$500K$657K2024
Revenue Expenses · by fiscal year end
Financials of IVY PLAZA HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$499,549$656,814-$157,265$687,291$3,390,808-$2,703,517
December 31, 2023990$501,467$656,184-$154,717$803,381$3,349,633-$2,546,252
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$247,233
of which government grants
$247,233
Program service revenue
$248,290
Investment income
$3,073
Other revenue
$953

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$128,958
Salaries, compensation and benefits (total)
$139,205
Professional fundraising fees
$0
Legal fees
$715
Accounting fees
$25,475
Depreciation
$93,724
Program services (functional)
$496,467
Management and general (functional)
$160,347

Balance sheet and other

Total assets, start of year
$803,381
Total assets, end of year
$687,291
Total liabilities, end of year
$3,390,808
Net assets, end of year
-$2,703,517
Land, buildings and equipment
$251,322
Net assets without donor restrictions
-$2,703,517
Gross receipts
$499,549
Employees
5
Year formed
1993
State of legal domicile
OH

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
JOYCE S THORNTONPRESIDENT
Officer
5$0
YVETTE MCCLAINESECRETARY
Officer
2$0
TERRIE PITTSTREASURER
Officer
2$0
MINNIE MARSHALLCHAPLAIN
Officer
2$0
SANDRA BRINSONAOC PRESIDEN
Trustee or director
2$0
RUTH FOREVICE PRESIDE
Trustee or director
2$0
TILLIE COLTERMEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JOYCE S THORNTONPRESIDENT
Officer
5$0
YVETTE MCCLAINESECRETARY
Officer
2$0
TERRIE PITTSTREASURER
Officer
2$0
MINNIE MARSHALLCHAPLAIN
Officer
2$0
SANDRA BRINSONAOC PRESIDEN
Trustee or director
2$0
RUTH FOREVICE PRESIDE
Trustee or director
2$0
TILLIE COLTERMEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
11103 KINSMAN ROAD, CLEVELAND, OH 44104-5048
In care of
% BOARD CHAIR
Principal officer (990 for 2024)
JOYCE S THORNTON, 11103 KINSMAN ROAD, CLEVELAND, OH 44104
Signed the 990
JOYCE S THORNTON, PRESIDENT
Phone
(216) 561-9200
Return prepared by
ONPOINTE ADVISORS LLC

Mission

THE ORGANIZATION PROVIDES PUBLIC HOUSING EXCLUSIVELY TO ELIGIBLE SENIORS AND HANDICAPPED INDIVIDUALS IN THE CLEVELAND, OHIO AREA ON A CONSTRUCTION PROJECT APPROVED BY HUD UNDER SECTION 202 OF THE HOUSING ACT OF 1959. THE BUILDING HAS 55 UNITS TO SERVE ELIGIBLE INDIVIDUALS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED SERVICES RELATED TO HOUSING UP TO 55 ELIGIBLE INDIVIDUALS.
    Expenses $496,467

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 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
34-1730014
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
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$687,291
Income (IRS master file)
$499,549

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$499,549$656,814$687,291IRS
990December 2023$501,467$656,184$803,381XML
990December 2022$489,501$624,498$965,934IRS
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 34-1730014).

Questions about IVY PLAZA HOUSING CORPORATION

What is the EIN of IVY PLAZA HOUSING CORPORATION?
The employer identification number (EIN) of IVY PLAZA HOUSING CORPORATION is 34-1730014.
Is IVY PLAZA HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to IVY PLAZA HOUSING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IVY PLAZA HOUSING CORPORATION 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 IVY PLAZA HOUSING CORPORATION 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 IVY PLAZA HOUSING CORPORATION 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 IVY PLAZA HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 names JOYCE S THORNTON.
Who are the officers and directors of IVY PLAZA HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does IVY PLAZA HOUSING CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $499,549, expenses of $656,814 and total assets of $687,291 at year end.

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