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Nonprofit · EIN 47-2868772

NGIP

Tax-exempt · LEVITTOWN, NY 11756

Financials

$278K$262K2024
Revenue Expenses · by fiscal year end
Financials of NGIP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$278,464$261,800$16,664$662,858$203,166$459,692
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$278,463
Investment income
$1
Other revenue
$0

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
$3,000
Occupancy
$2,568
Depreciation
$14,380
Program services (functional)
$255,039
Management and general (functional)
$6,761

Balance sheet and other

Total assets, start of year
$651,464
Total assets, end of year
$662,858
Total liabilities, end of year
$203,166
Net assets, end of year
$459,692
Land, buildings and equipment
$629,847
Net assets without donor restrictions
$459,692
Gross receipts
$278,464
Employees
0
Volunteers
50
Year formed
2015
State of legal domicile
NY

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
Steven PecoriniPresident
Trustee or director, Officer
5$0
Terence F BaydalaVice President
Trustee or director, Officer
5$0
Fran NuchimsSecretary
Trustee or director, Officer
5$0
Steven I SiegelTreasurer
Trustee or director, Officer
0$0
Chris AlbaneseBoard Member
Trustee or director
5$0
James A CowanBoard Member
Trustee or director
5$0
Robert J FusaroBoard Member
Trustee or director
5$0
Thomas M LambertiBoard Member
Trustee or director
5$0
Edward F McDougal JrBoard Member
Trustee or director
5$0
Jeffrey SchwartzbergBoard Member
Trustee or director
5$0
Michael A SciaraBoard Member
Trustee or director
5$0
John StypeBoard Member
Trustee or director
5$0

Address and contacts

Address (IRS master file)
70 ACORN LN, LEVITTOWN, NY 11756-4716
Mailing address (990-N for 2017)
211 Fulton Avenue, Hempstead NY 11550
Principal officer (990 for 2024)
Steven Pecorini, 70 Acorn Lane, Levittown, NY 11756
Principal officer (990-N for 2017)
Henry Greve, 211 Fulton Avenue, hempstead NY 11550
Signed the 990
Steven Pecorini, President
Phone
(516) 564-4764
Return prepared by
Nawrocki Smith LLP

Mission

To provide affordable, safe housing for struggling individuals and families facing homelessness to help break the cycle of homelessness and poverty, so individuals and families can improve their lives to afford stable, permanent housing in the future.

990 for the year ended December 31, 2024

Program accomplishments

  • As part of the Long Term Housing Program (LTHP), NGIP INC. provides affordable housing units for homeless families that are participating in the New Ground Long Term Housing Program. Homeless families are moved into an NGIP INC. housing unit and pay a reduced affordable rent for the housing unit while receiving the intensive social work and education services of the Long Term Housing Program (LTHP) from New Ground Inc. NGIP INC. strives to provide clean, affordable, safe housing options for the Long Term Housing Program families, meeting all landlord responsibilities and working alongside New Ground staff members to assist the families to become independent and self-supporting individuals, so they can eventually graduate out of the Long Term Housing Program and move into permanent stable housing of their own.
    Expenses $255,039

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
47-2868772
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$662,858
Income (IRS master file)
$278,464

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$55,192$68,132$651,464IRS
990December 2022$47,879$69,595$679,982IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2017
Officer: Henry Greve
December 31, 2017≤ $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 NGIP

What is the EIN of NGIP?
The employer identification number (EIN) of NGIP is 47-2868772.
Is NGIP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to NGIP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NGIP 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 NGIP 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 NGIP 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 NGIP?
The 990 for the year ended December 31, 2024 names Steven Pecorini.
Who are the officers and directors of NGIP?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does NGIP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $278,464, expenses of $261,800 and total assets of $662,858 at year end.

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