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Nonprofit · EIN 52-1130678

CARNEYS POINT INC

Tax-exempt · CARNEYS POINT, NJ 08069

Financials

$1.1M$917K2023$1.2M$950K2024
Revenue Expenses · by fiscal year end
Financials of CARNEYS POINT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,210,444$950,457$259,987$3,769,180$348,922$3,420,258
December 31, 2023990$1,149,032$917,310$231,722$3,645,185$484,914$3,160,271
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$698,090
Program service revenue
$0
Investment income
$41,052
Net rental income
$463,939
Net gain from sales of assets
-$4,042
Other revenue
$471,302

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$259,884
Salaries, compensation and benefits (total)
$308,663
Professional fundraising fees
$0
Legal fees
$10,027
Accounting fees
$14,700
Occupancy
$198,366
Depreciation
$138,263
Program services (functional)
$744,762
Management and general (functional)
$205,695

Balance sheet and other

Total assets, start of year
$3,645,185
Total assets, end of year
$3,769,180
Total liabilities, end of year
$348,922
Net assets, end of year
$3,420,258
Land, buildings and equipment
$1,529,681
Net assets without donor restrictions
$3,174,737
Net assets with donor restrictions
$245,521
Gross receipts
$1,214,486
Employees
5
Volunteers
0
Year formed
1979
State of legal domicile
NJ

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
MARGARITA I RODRIGUEZPRESIDENT
Trustee or director, Officer
1$0
EMMA JEAN SHOCKLEYVICE-PRESIDENT
Trustee or director, Officer
1$0
WAYNE C CHEESEMANTREASURER
Trustee or director, Officer
1$0
PATRICIA L GANTSECRETARY
Trustee or director, Officer
1$0
JEANETTE HARBESONDIRECTOR
Trustee or director
1$0
DR ANTHONY J RAPONEDIRECTOR
Trustee or director
1$0
NELLIE RODRIGUEZDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
MARGARITA I RODRIGUEZPRESIDENT
Trustee or director, Officer
1$0
EMMA JEAN SHOCKLEYVICE-PRESIDENT
Trustee or director, Officer
1$0
WAYNE C CHEESEMANTREASURER
Trustee or director, Officer
1$0
PATRICIA L GANTSECRETARY
Trustee or director, Officer
1$0
JEANETTE HARBESONDIRECTOR
Trustee or director
1$0
DR ANTHONY J RAPONEDIRECTOR
Trustee or director
1$0
NELLIE RODRIGUEZDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
311 SHELL RD, CARNEYS POINT, NJ 08069-2635
Principal officer (990 for 2024)
SUSAN GRAHAM, 311 SHELL ROAD, CARNEYS POINT, NJ 08069
Signed the 990
SUSAN GRAHAM, BOOKKEEPER
Phone
(856) 299-6611
Return prepared by
BOWMAN & COMPANY LLP

Mission

TO PROVIDE LOW INCOME HOUSING

990 for the year ended December 31, 2024

Program accomplishments

  • CARNEYS POINT, INC. PROVIDES HOUSING FOR LOW-INCOME INDIVIDUALS AND OPERATES AN 80 UNIT HOUSING PROJECT.
    Expenses $744,762 · revenue $467,260

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
52-1130678
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
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,769,180
Income (IRS master file)
$1,214,486

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,210,444$950,457$3,769,180XML
990December 2023$1,149,032$917,310$3,645,185XML
990December 2022$999,872$811,248$3,524,469IRS
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 52-1130678).

Questions about CARNEYS POINT INC

What is the EIN of CARNEYS POINT INC?
The employer identification number (EIN) of CARNEYS POINT INC is 52-1130678.
Is CARNEYS POINT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to CARNEYS POINT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CARNEYS POINT 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 CARNEYS POINT 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 CARNEYS POINT 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 CARNEYS POINT INC?
The 990 for the year ended December 31, 2024 names SUSAN GRAHAM.
Who are the officers and directors of CARNEYS POINT INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does CARNEYS POINT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,210,444, expenses of $950,457 and total assets of $3,769,180 at year end.

Other nonprofits in CARNEYS POINT

All nonprofits in CARNEYS POINT · New Jersey · Housing and shelter