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Nonprofit · EIN 52-2231301

CAMBRIDGE APTS INC

Tax-exempt · ROCKVILLE, MD 20852

Financials

$449K$445K2022$237K$199K2023$437K$653K2024
Revenue Expenses · by fiscal year end
Financials of CAMBRIDGE APTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$436,673$652,695-$216,022$1,810,164$2,150,537-$340,373
December 31, 2023990$237,322$198,915$38,407$2,065,133$2,180,593-$115,460
June 30, 2023990$449,102$445,373$3,729$2,091,986$2,245,853-$153,867
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$436,456
Investment income
$217
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$70,100
Salaries, compensation and benefits (total)
$90,876
Professional fundraising fees
$0
Legal fees
$2,719
Accounting fees
$20,125
Occupancy
$113,133
Travel
$59
Depreciation
$77,098
Program services (functional)
$441,277
Management and general (functional)
$211,418

Balance sheet and other

Total assets, start of year
$2,065,133
Total assets, end of year
$1,810,164
Total liabilities, end of year
$2,150,537
Net assets, end of year
-$340,373
Land, buildings and equipment
$1,225,783
Net assets without donor restrictions
-$340,373
Gross receipts
$436,673
Employees
0
Volunteers
3
Year formed
2000
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Leila A FinucanePresident & CEO
Officer
1$0$425,574$54,018
Jacqueline R SmedleyVice President
Officer
1$0$288,368$43,175
Michelle M LimeresTreasurer
Officer
1$0$256,926$43,947
Jeffrey BlackwellAsst Secretary
Officer
1$0$253,360$41,004
Sarah ORiellySecretary
Officer
1$0$227,699$42,254
Maurice PerryDirector
Trustee or director
0.5$0$0$0
Michael GillDirector
Trustee or director
0.5$0$0$0
Donald TomassoDirector
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Leila A FinucanePresident & CEO
Officer
1$0$411,552$54,890
Michelle M LimeresTreasurer
Officer
1$0$280,402$43,589
Jeffrey BlackwellAsst Secretary
Officer
1$0$248,660$42,407
Jacqueline R SmedleyVice President
Officer
1$0$245,203$41,189
Sarah ORiellySecretary
Officer
1$0$212,802$40,398
Donald TomassoDirector
Trustee or director
0.5$0$0$0
James PopeBoard Chair
Trustee or director
0.5$0$0$0
Michael GillDirector
Trustee or director
0.5$0$0$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Leila A FinucanePresident & CEO
Officer
1$0$389,466$47,410
Jacqueline R SmedleyVice President
Officer
1$0$269,415$32,393
Michelle M LimeresTreasurer
Officer
1$0$238,041$40,020
Jeffrey BlackwellAsst Secretary
Officer
1$0$230,196$39,711
Sarah ORiellySecretary
Officer
1$0$96,409$20,428
Donald TomassoDirector
Trustee or director
0.5$0$0$0
James PopeDirector
Trustee or director
0.5$0$0$0
Michael GillDirector
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
6001 EXECUTIVE BLVD STE 300, ROCKVILLE, MD 20852-3886
In care of
% LEILA A FINUCANE
Principal officer (990 for 2024)
Leila A Finucane, 6001 Executive Blvd STE 300, Rockville, MD 20852
Signed the 990
LEILA A FINUCANE, President & CEO
Phone
(301) 493-6000
Return prepared by
Mullins PC

Mission

Affordable housing and services

990 for the year ended December 31, 2024

Program accomplishments

  • 33 rental apartments providing affordable housing for low- and moderate-income families.
    Expenses $441,277

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
52-2231301
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Exempt since
1946
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,810,164
Income (IRS master file)
$436,673

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$436,673$652,695$1,810,164XML
990December 2023$237,322$198,915$2,065,133XML
990June 2023$449,102$445,373$2,091,986XML
990June 2022$443,851$436,876$2,116,256IRS
990June 2021–––IRS
990June 2019–––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 52-2231301).

Questions about CAMBRIDGE APTS INC

What is the EIN of CAMBRIDGE APTS INC?
The employer identification number (EIN) of CAMBRIDGE APTS INC is 52-2231301.
Is CAMBRIDGE APTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Which annual return does CAMBRIDGE APTS 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 CAMBRIDGE APTS 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 CAMBRIDGE APTS 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 CAMBRIDGE APTS INC?
The 990 for the year ended December 31, 2024 names Leila A Finucane.
Who are the officers and directors of CAMBRIDGE APTS INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does CAMBRIDGE APTS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $436,673, expenses of $652,695 and total assets of $1,810,164 at year end.

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