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Nonprofit · EIN 47-2886835

GURWIN INDEPENDENT HOUSING INC

Tax-exempt · COMMACK, NY 11725

Financials

$7.6M$13.4M2023$9.3M$14M2024
Revenue Expenses · by fiscal year end
Financials of GURWIN INDEPENDENT HOUSING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,281,413$13,971,018-$4,689,605$99,293,729$118,149,517-$18,855,788
December 31, 2023990$7,648,059$13,410,717-$5,762,658$114,644,547$128,810,730-$14,166,183
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$8,423,274
Investment income
$774,002
Other revenue
$84,137

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$222,224
Other salaries and wages
$1,359,643
Salaries, compensation and benefits (total)
$2,229,064
Professional fundraising fees
$0
Legal fees
$9,729
Accounting fees
$50,543
Occupancy
$733,029
Depreciation
$2,404,419
Program services (functional)
$7,172,411
Management and general (functional)
$6,798,607

Balance sheet and other

Total assets, start of year
$114,644,547
Total assets, end of year
$99,293,729
Total liabilities, end of year
$118,149,517
Net assets, end of year
-$18,855,788
Land, buildings and equipment
$83,242,120
Gross receipts
$9,281,413
Employees
37
Volunteers
9
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 / weekCompensationOther / benefits
JOHN MASTACCIUOLOEXECUTIVE DIRECTOR
Key employee
37.5$190,830$31,394
CARY WOLFIMMEDIATE PAST CHAIRMAN
Trustee or director, Officer
4$0$0
LEE BRODSKYSECRETARY
Trustee or director, Officer
0.5$0$0
ADAM WOLFTREASURER
Trustee or director, Officer
0.5$0$0
BERT BRODSKYDIRECTOR
Trustee or director
0.5$0$0
LAURA GURWIN FLUGDIRECTOR
Trustee or director
0.5$0$0
RONALD LEE GOLDSTEIN ESQDIRECTOR
Trustee or director
0.5$0$0
LEE LAUNERDIRECTOR
Trustee or director
0.5$0$0
SCOTT ROTEMANDIRECTOR
Trustee or director
0.5$0$0
ANIL JAGTIANICHAIRMAN
Trustee or director, Officer
0.5$0$0
STEVEN KASSDIRECTOR
Trustee or director
0.5$0$0
STUART ALMERPRESIDENT, CEO & ASST. SEC
Officer
0.5$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
JOHN MASTACCIUOLOHIRED 2623EXECUTIVE DIRECTOR
Key employee
37.5$142,598$20,551
CARY WOLFCHAIRMAN
Trustee or director, Officer
4$0$0
LEE BRODSKYSECRETARY
Trustee or director, Officer
0.5$0$0
ADAM WOLFTREASURER
Trustee or director, Officer
0.5$0$0
BERT BRODSKYDIRECTOR
Trustee or director
0.5$0$0
LAURA GURWIN FLUGDIRECTOR
Trustee or director
0.5$0$0
RONALD LEE GOLDSTEIN ESQDIRECTOR
Trustee or director
0.5$0$0
LEE LAUNERDIRECTOR
Trustee or director
0.5$0$0
SCOTT ROTEMANDIRECTOR
Trustee or director
0.5$0$0
ANIL JAGTIANIDIRECTOR
Trustee or director
0.5$0$0
STUART ALMERPRESIDENT, CEO & ASST. SECRET
Officer
0.5$0$0

Address and contacts

Address (IRS master file)
32 HAUPPAUGE RD, COMMACK, NY 11725-4403
In care of
% MR LOUIS A VITERITTI
Principal officer (990 for 2024)
STUART ALMER, 68 HAUPPAUGE ROAD, COMMACK, NY 11725
Signed the 990
STUART ALMER, PRESIDENT & CEO
Phone
(631) 715-2518
Return prepared by
HORAN MARTELLO MORRONE PC

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • GURWIN INDEPENDENT HOUSING INC. D/B/A FOUNTAINGATE GARDENS, COMMENCED OPERATIONS IN MAY 2022 AND OPERATED A LIFE PLAN COMMUNITY, ALSO KNOWN AS A CONTINUING-CARE RETIREMENT COMMUNITY. THE ENTITY IS LICENCED UNDER ARTICLE 46 OF THE PUBLIC HEALTH LAW AND CONSISTS OF A 129-UNIT INDEPENDENT LIVING COMPLEX, LOCATED IN COMMACK, NEW YORK.
    Expenses $7,172,411 · revenue $8,423,274

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
47-2886835
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$99,293,729
Income (IRS master file)
$9,281,413

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,281,413$13,971,018$99,293,729XML
990December 2023$7,648,059$13,410,717$114,644,547XML
990December 2022$2,706,238$8,981,893$136,188,273IRS
990December 2021–––IRS
990December 2020–––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 47-2886835).

Questions about GURWIN INDEPENDENT HOUSING INC

What is the EIN of GURWIN INDEPENDENT HOUSING INC?
The employer identification number (EIN) of GURWIN INDEPENDENT HOUSING INC is 47-2886835.
Is GURWIN INDEPENDENT HOUSING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to GURWIN INDEPENDENT HOUSING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GURWIN INDEPENDENT HOUSING 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 GURWIN INDEPENDENT HOUSING INC 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 GURWIN INDEPENDENT HOUSING INC 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 GURWIN INDEPENDENT HOUSING INC?
The 990 for the year ended December 31, 2024 names STUART ALMER.
Who are the officers and directors of GURWIN INDEPENDENT HOUSING INC?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $190,830 (JOHN MASTACCIUOLO, EXECUTIVE DIRECTOR).
How much revenue does GURWIN INDEPENDENT HOUSING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,281,413, expenses of $13,971,018 and total assets of $99,293,729 at year end.

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