Nonprofit · EIN 52-1743801
HQM PROPERTIES INC
Tax-exempt · MADISON, NJ 07940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,169,554 | $1,428,010 | -$258,456 | $7,426,354 | $2,801,237 | $4,625,117 |
| March 31, 2024 | 990 | $1,575,564 | $1,300,511 | $275,053 | $7,620,198 | $2,736,158 | $4,884,040 |
| March 31, 2023 | 990 | $1,261,449 | $1,255,244 | $6,205 | $6,932,464 | $3,252,194 | $3,680,270 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $996,019
- Investment income
- $9,469
- Other revenue
- $164,066
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $44,788
- Salaries, compensation and benefits (total)
- $69,579
- Professional fundraising fees
- $0
- Depreciation
- $343,780
- Program services (functional)
- $1,230,604
- Management and general (functional)
- $197,406
Balance sheet and other
- Total assets, start of year
- $7,620,198
- Total assets, end of year
- $7,426,354
- Total liabilities, end of year
- $2,801,237
- Net assets, end of year
- $4,625,117
- Land, buildings and equipment
- $4,306,042
- Gross receipts
- $1,169,554
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1992
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Serafin Craig | Chairperson Trustee or director | 0 | $0 |
| Thomas Haralampoudis | Trustee Trustee or director | 0 | $0 |
| Irene Meli | Trustee Trustee or director | 0 | $0 |
| Evangeline Tross | TRUSTEE Trustee or director | 0 | $0 |
| Liz DeCoursey | Trustee Trustee or director | 0 | $0 |
| Susann Forester | Trustee Trustee or director | 0 | $0 |
| Lee Ousley | Trustee Trustee or director | 0 | $0 |
990 for the year ended March 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Serafin Craig | Chairperson Trustee or director | 0 | $0 |
| Thomas Haralampoudis | Trustee Trustee or director | 0 | $0 |
| Irene Meli | Trustee Trustee or director | 0 | $0 |
| Evangeline Tross | TRUSTEE Trustee or director | 0 | $0 |
| Liz DeCoursey | Trustee Trustee or director | 0 | $0 |
| Susann Forester | Trustee Trustee or director | 0 | $0 |
| Lee Ousley | Trustee Trustee or director | 0 | $0 |
990 for the year ended March 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Serafin Craig | Chairperson Trustee or director | 0 | $0 |
| Thomas Haralampoudis | Trustee Trustee or director | 0 | $0 |
| Irene Meli | Trustee Trustee or director | 0 | $0 |
| Evangeline Tross | TRUSTEE Trustee or director | 0 | $0 |
| Liz DeCoursey | Trustee Trustee or director | 0 | $0 |
| Susann Forester | Trustee Trustee or director | 0 | $0 |
| Lee Ousley | Trustee Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 24 CENTRAL AVE, MADISON, NJ 07940-1947
- Principal officer (990 for 2024)
- LOUIS RICCIO, 24 CENTRAL AVENUE, MADISON, NJ 07940
- Signed the 990
- LOUIS RICCIO, EXECUTIVE DIRECTOR
- Phone
- (201) 787-8789
- Return prepared by
- WILLIAM KATCHEN CPA LLC
Mission
TO PROMOTE AFFORDABEL HOUSING, RENTAL AND DEVELOPMENT
Program accomplishments
- To develop and operate affordable housingExpenses $1,230,604 · revenue $1,169,554
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 52-1743801
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $7,426,354
- Income (IRS master file)
- $1,169,554
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,169,554 | $1,428,010 | $7,426,354 | IRS |
| 990 | March 2024 | $1,575,564 | $1,300,511 | $7,620,198 | XML |
| 990 | March 2023 | $1,261,449 | $1,255,244 | $6,932,464 | XML |
| 990 | March 2022 | $1,295,414 | $1,197,626 | $6,999,919 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 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 52-1743801).
Questions about HQM PROPERTIES INC
- What is the EIN of HQM PROPERTIES INC?
- The employer identification number (EIN) of HQM PROPERTIES INC is 52-1743801.
- Is HQM PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to HQM PROPERTIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HQM PROPERTIES 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 HQM PROPERTIES 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 HQM PROPERTIES 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 HQM PROPERTIES INC?
- The 990 for the year ended December 31, 2024 names LOUIS RICCIO.
- Who are the officers and directors of HQM PROPERTIES INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does HQM PROPERTIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,169,554, expenses of $1,428,010 and total assets of $7,426,354 at year end.
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