Nonprofit · EIN 35-2037592
NORWICH HOUSING CORPORATION
Tax-exempt · CARMEL, IN 46032
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $464,676 | $535,682 | -$71,006 | $10,774,512 | $1,934,443 | $8,840,069 |
| June 30, 2024 | 990 | $426,926 | $537,282 | -$110,356 | $10,629,059 | $1,707,987 | $8,921,072 |
| June 30, 2023 | 990 | $270,257 | $463,634 | -$193,377 | $10,521,949 | $1,485,106 | $9,036,843 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $385,414
- Investment income
- $79,262
- Net gain from sales of assets
- $7,253
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $10,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $788
- Accounting fees
- $17,750
- Travel
- $7,927
Balance sheet and other
- Total assets, start of year
- $10,629,059
- Total assets, end of year
- $10,774,512
- Total liabilities, end of year
- $1,934,443
- Net assets, end of year
- $8,840,069
- Publicly traded securities
- $2,365,324
- Net assets without donor restrictions
- $8,840,069
- Gross unrelated business income
- $79,262
- Gross receipts
- $1,205,673
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1926
- State of legal domicile
- IN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER S MACKEY | PRESIDENT Trustee or director, Officer | 4 | $0 |
| DOUGLAS M ALLEN | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| ERIC W RAASCH | TREASURER Trustee or director, Officer | 2 | $0 |
| JOSEPH S COUCH | SECRETARY Trustee or director, Officer | 2 | $0 |
| MICHAEL D ROSS | COUNSELOR Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE L CLACK | PRESIDENT Trustee or director, Officer | 4 | $0 |
| PETER S MACKEY | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| ERIC W RAASCH | TREASURER Trustee or director, Officer | 2 | $0 |
| DOUGLAS M ALLEN | SECRETARY Trustee or director, Officer | 2 | $0 |
| JOSEPH S COUCH | COUNSELOR Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE L CLACK | PRESIDENT Trustee or director, Officer | 4 | $0 |
| PETER S MACKEY | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| ERIC W RAASCH | TREASURER Trustee or director, Officer | 2 | $0 |
| DOUGLAS M ALLEN | SECRETARY Trustee or director, Officer | 2 | $0 |
| JOSEPH S COUCH | COUNSELOR Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 865 W CARMEL DRIVE, CARMEL, IN 46032-5880
- In care of
- % RALPH E ASPELL
- Principal officer (990 for 2024)
- JAMES POWELL, 865 W CARMEL DRIVE, CARMEL, IN 46032
- Signed the 990
- JAMES POWELL, ASSISTANT TREASURER
- Phone
- (317) 824-1881
- Website
- THETACHI.ORG
- Return prepared by
- BLUE & CO LLC
Mission
THE NORWICH HOUSING CORPORATION PROVIDES FUNDING TO MEMBER ALUMNI CORPORATIONS WHICH PROVIDE HOUSING OPPORTUNITIES FOR THEIR UNDERGRADUATE STUDENT MEMBERS.
Program accomplishments
- MORTGAGE LOANS: TO PROVIDE ASSISTANCE TO AFFILIATED CHAPTERS BY AIDING IN THE PROCESS OF ISSUING LOANS FOR HOUSING PURPOSES.
- LIFE SAFETY LOANS: LOANS GIVEN AT LOW INTEREST RATES TO FUND LIFE SAFETY IMPROVEMENTS FOR UNDERGRADUATE STUDENT HOUSING.
- LADUE LOANS: EMERGENCY LOANS FOR HOUSE REPAIRS/IMPROVEMENTS.
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 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 35-2037592
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,774,512
- Income (IRS master file)
- $1,205,673
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $464,676 | $535,682 | $10,774,512 | IRS |
| 990 | June 2024 | $426,926 | $537,282 | $10,629,059 | IRS |
| 990 | June 2023 | $270,257 | $463,634 | $10,521,949 | XML |
| 990 | June 2022 | $424,456 | $369,563 | $10,281,807 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 35-2037592).
Questions about NORWICH HOUSING CORPORATION
- What is the EIN of NORWICH HOUSING CORPORATION?
- The employer identification number (EIN) of NORWICH HOUSING CORPORATION is 35-2037592.
- Is NORWICH HOUSING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1998.
- Are donations to NORWICH HOUSING CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORWICH 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 NORWICH HOUSING CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORWICH HOUSING CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NORWICH HOUSING CORPORATION?
- The 990 for the year ended June 30, 2025 names JAMES POWELL.
- Who are the officers and directors of NORWICH HOUSING CORPORATION?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does NORWICH HOUSING CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $464,676, expenses of $535,682 and total assets of $10,774,512 at year end.
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