Nonprofit · EIN 34-1760422
OLA II INC
Tax-exempt · CLEVELAND, OH 44111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $77,544 | $1,950 | $75,594 | $1,511,770 | $0 | $1,511,770 |
| June 30, 2025 | 990 | $77,544 | $0 | $77,544 | $1,436,176 | $0 | $1,436,176 |
| June 30, 2024 | 990 | $77,544 | $750 | $76,794 | $1,607,867 | $249,235 | $1,358,632 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $77,544
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,750
- Management and general (functional)
- $1,950
Balance sheet and other
- Total assets, start of year
- $1,436,176
- Total assets, end of year
- $1,511,770
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,511,770
- Net assets without donor restrictions
- $1,511,770
- Gross receipts
- $77,544
- Employees
- 0
- Volunteers
- 8
- 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 June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY RICHARDS | TRUSTEE Trustee or director | 0.5 | $0 |
| LEE NAGEOTTE | TRUSTEE Trustee or director | 0.5 | $0 |
| KAREN LISOWSKI | TRUSTEE Trustee or director | 0.5 | $0 |
| KEVIN LEHANE | TRUSTEE Trustee or director | 0.5 | $0 |
| CATHY SABOLIK | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| DONALD MACBRIDE | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| TIMOTHY NAUMAN | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| STEVE LORENZ | TREASURER Trustee or director, Officer | 0.5 | $0 |
| TERRENCE E DONELON | TRUSTEE Trustee or director | 0.5 | $0 |
| JAMES FOOS | TRUSTEE Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2025: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRENCE E DONELON | TRUSTEE Trustee or director | 0.5 | $0 |
| NANCY RICHARDS | TRUSTEE Trustee or director | 0.5 | $0 |
| LEE NAGEOTTE | TRUSTEE Trustee or director | 0.5 | $0 |
| KAREN LISOWSKI | TRUSTEE Trustee or director | 0.5 | $0 |
| JAMES FOOS | TRUSTEE Trustee or director | 0.5 | $0 |
| KEVIN LEHANE | TRUSTEE Trustee or director | 0.5 | $0 |
| CATHY SABOLIK | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| DONALD MACBRIDE | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| TIM NAUMAN | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| STEVE LORENZ | TREASURER Trustee or director, Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRENCE E DONELON | TRUSTEE Trustee or director | 0.5 | $0 |
| NANCY RICHARDS | TRUSTEE Trustee or director | 0.5 | $0 |
| LEE NAGEOTTE | TRUSTEE Trustee or director | 0.5 | $0 |
| KAREN LISOWSKI | TRUSTEE Trustee or director | 0.5 | $0 |
| JAMES FOOS | TRUSTEE Trustee or director | 0.5 | $0 |
| KEVIN LEHANE | TRUSTEE Trustee or director | 0.5 | $0 |
| CATHY SABOLIK | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| DONALD MACBRIDE | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| TIM NAUMAN | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| STEVE LORENZ | TREASURER Trustee or director, Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3648 ROCKY RIVER DRIVE, CLEVELAND, OH 44111-3976
- Principal officer (990 for 2025)
- DONNALD HECKELMOSER, 14300 DETROIT AVENUE SUITE 110, LAKEWOOD, OH 44107
- Signed the 990
- DONNALD HECKELMOSER, MGMT AGENT
- Phone
- (216) 941-3330
- Return prepared by
- NOVOGRADAC & COMPANY LLP
Mission
TO PROVIDE HOUSING FOR LOW INCOME ELDERLY PERSONS.
Program accomplishments
- HOLD A SECURED INTEREST IN A LOW INCOME HOUSING BUILDING, HAVING SOLD IT TO ALLOW FOR A SUBSTANTIAL REHABILITATION OF THE BUILDING AND UNITS IN ACCORDANCE WITH SECTION 42 OF THE INTERNAL REVENUE CODE.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 34-1760422
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $1,511,770
- Income (IRS master file)
- $77,544
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $77,544 | $1,950 | $1,511,770 | XML |
| 990 | June 2025 | $77,544 | $0 | $1,436,176 | XML |
| 990 | June 2024 | $77,544 | $750 | $1,607,867 | XML |
| 990 | June 2023 | $84,693 | $2,263 | $1,281,838 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 34-1760422).
Questions about OLA II INC
- What is the EIN of OLA II INC?
- The employer identification number (EIN) of OLA II INC is 34-1760422.
- Is OLA II INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to OLA II INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OLA II 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 OLA II INC due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OLA II INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of OLA II INC?
- The 990 for the year ended June 30, 2026 names DONNALD HECKELMOSER.
- Who are the officers and directors of OLA II INC?
- The 990 for the year ended June 30, 2026 lists 10 people; 0 received compensation from the organization.
- How much revenue does OLA II INC have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $77,544, expenses of $1,950 and total assets of $1,511,770 at year end.
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