Nonprofit · EIN 52-1068302
TOWN CENTER APARTMENTS INC
Tax-exempt · KENSINGTON, MD 20895
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $38,106 | $396,967 | -$358,861 | $1,617,911 | $1,428,135 | $189,776 |
| June 30, 2024 | 990 | $26,828 | $404,127 | -$377,299 | $1,813,312 | $1,124,207 | $689,105 |
| June 30, 2023 | 990 | $260,413 | $400,639 | -$140,226 | $1,856,892 | $790,488 | $1,066,404 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $38,106
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $77,692
- Salaries, compensation and benefits (total)
- $105,327
- Professional fundraising fees
- $0
- Accounting fees
- $6,200
- Occupancy
- $53,114
- Travel
- $1,813
- Depreciation
- $70,260
- Program services (functional)
- $390,767
- Management and general (functional)
- $6,200
Balance sheet and other
- Total assets, start of year
- $1,813,312
- Total assets, end of year
- $1,617,911
- Total liabilities, end of year
- $1,428,135
- Net assets, end of year
- $189,776
- Land, buildings and equipment
- $617,220
- Net assets without donor restrictions
- $189,776
- Gross receipts
- $38,106
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1976
- State of legal domicile
- MD
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 |
|---|---|---|---|
| ROY O'PRIEST | CHAIR Trustee or director, Officer | 0.25 | $0 |
| ROBIN SALOMON | CHAIR PRO TEM Trustee or director, Officer | 0.25 | $0 |
| JEFF MERKIOWITZ | VICE CHAIR Trustee or director, Officer | 0.25 | $0 |
| LINDA CROOM | COMMISSIONER Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROY O'PRIEST | CHAIR Trustee or director, Officer | 0.25 | $0 |
| ROBIN SALOMON | CHAIR PRO TEM Trustee or director, Officer | 0.25 | $0 |
| JEFF MERKIOWITZ | VICE CHAIR Trustee or director, Officer | 0.25 | $0 |
| LINDA CROOM | COMMISSIONER Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SALLY ROMAN | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| SHANE POLLIN | DIRECTOR Trustee or director | 0.25 | $0 |
| ROY O'PRIEST | COMMISSIONER Trustee or director | 0.25 | $0 |
| JACKIE SIMON | COMMISSIONER Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 10400 DETRICK AVE, KENSINGTON, MD 20895-2440
- Principal officer (990 for 2024)
- CHELSEA ANDREWS, 10400 DETRICK AVENUE, KENSINGTON, MD 20895
- Signed the 990
- CHELSEA ANDREWS, EXECUTIVE DIRECTOR, HOC
- Phone
- (240) 773-9000
- Return prepared by
- RUBINO AND COMPANY CHARTERED
Mission
THE ORGANIZATION OPERATES A 112 RESIDENTIAL RENTAL UNITS COMPLEX FOR LOW-INCOME RESIDENTS.
Program accomplishments
- THE ORGANIZATION OWNS A 112 UNIT RESIDENTIAL LOW-INCOME APARTMENT COMPLEX AT 90 MONROE STREET, ROCKVILLE, MD. THE SPONSOR THE HOUSING OPPORTUNITIES COMMISSION OF MONTGOMERY COUNTY, MARYLAND ("HOC"), THE PHA, HAS CLOSED THE COMPLEX DUE TO AGING AND SAFETY CONCERNS.THE TENANTS HAVE BEEN RELOCATED TO A NEW 150 UNIT MIXED-USE, MIXED-INCOME AFFORDABLE SENIOR APARTMENT COMPLEX LOCATED AROUND THE CORNER AT 2 HELEN HENAGHAN WAY, ROCKVILLE, MD. IT IS THE INTENTION OF HOC TO SELL THE ORGANIZATION'S APARTMENT COMPLEX. IN THE SHORT RUN, THEASSET MY BE USED TEMPORARILY TO RELOCATE TENANTS WHILE OTHER PROPERTIES ARE BEING RENOVATED.Expenses $390,767
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 52-1068302
- 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
- 1979
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L200)
- Assets (IRS master file)
- $1,617,911
- Income (IRS master file)
- $38,106
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $38,106 | $396,967 | $1,617,911 | IRS |
| 990 | June 2024 | $26,828 | $404,127 | $1,813,312 | IRS |
| 990 | June 2023 | $260,413 | $400,639 | $1,856,892 | XML |
| 990 | June 2022 | $1,003,391 | $880,768 | $1,693,394 | 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 52-1068302).
Questions about TOWN CENTER APARTMENTS INC
- What is the EIN of TOWN CENTER APARTMENTS INC?
- The employer identification number (EIN) of TOWN CENTER APARTMENTS INC is 52-1068302.
- Is TOWN CENTER APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to TOWN CENTER APARTMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TOWN CENTER APARTMENTS INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of TOWN CENTER APARTMENTS INC 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 TOWN CENTER APARTMENTS INC 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 TOWN CENTER APARTMENTS INC?
- The 990 for the year ended June 30, 2025 names CHELSEA ANDREWS.
- Who are the officers and directors of TOWN CENTER APARTMENTS INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does TOWN CENTER APARTMENTS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $38,106, expenses of $396,967 and total assets of $1,617,911 at year end.
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All nonprofits in KENSINGTON · Maryland · Housing and shelter