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Nonprofit · EIN 54-2084084

LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC

Tax-exempt · LYNN, MA 01902

Financials

$650K$694K2023$406K$360K2024
Revenue Expenses · by fiscal year end
Financials of LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$406,227$360,423$45,804$446,908$76,123$370,785
December 31, 2023990$650,357$694,053-$43,696$416,452$91,471$324,981
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$402,883
of which government grants
$50,133
Program service revenue
$0
Investment income
$3,335
Other revenue
$9

Expenses

Grants and similar amounts paid
$132,970
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$12,300
Occupancy
$27,271
Travel
$53
Program services (functional)
$341,906
Management and general (functional)
$18,517

Balance sheet and other

Total assets, start of year
$416,452
Total assets, end of year
$446,908
Total liabilities, end of year
$76,123
Net assets, end of year
$370,785
Net assets without donor restrictions
$320,525
Net assets with donor restrictions
$50,260
Gross receipts
$406,227
Employees
0
Volunteers
0
Year formed
2002
State of legal domicile
MA

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 orgs
STEPHEN MARTINCHAIRPERSON
Trustee or director, Officer
1$0$960
SUSAN MCGINNIS-LANGTREASURER
Trustee or director, Officer
1$0$960
JUSTIN ANSHEWITZDIRECTOR
Trustee or director
1$0$960
ROBERT MUISEDIRECTOR
Trustee or director
1$0$960
KIARA PALOMARESDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgs
LAURA WALSHFORMER CHARIPERSON (RESIGNED END 2023)
Trustee or director, Officer
1$0$1,200
STEPHEN MARTINCHAIRPERSON
Trustee or director, Officer
1$0$960
SUSAN MCGINNIS-LANGTREASURER
Trustee or director, Officer
1$0$960
JUSTIN ANSEWITZDIRECTOR
Trustee or director
1$0$960
ROBERT MUISEDIRECTOR
Trustee or director
1$0$960
KIARA PALOMARESDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
10 CHURCH ST, LYNN, MA 01902-4418
In care of
% PATRICIA BARTON
Principal officer (990 for 2024)
STEPHEN MARTIN, 10 CHURCH STREET, LYNN, MA 01902
Signed the 990
STEPHEN MARTIN, CHAIRPERSON
Phone
(781) 581-8600
Return prepared by
CBIZ ADVISORS LLC

Mission

PROVIDE CHARITABLE ASSISTANCE TO THE GENERAL PUBLIC BY PROVIDING AFFORDABLE HOUSING THROUGH THE PURCHASE, SALE, RENTING AND LEASING OF DWELLINGS.

990 for the year ended December 31, 2024

Program accomplishments

  • FINANCIAL COUNSELING - THE FINANCIAL COACHING PROGRAM IS DESIGNED TO HELP FAMILIES/INDIVIDUALS HAVE A BETTER UNDERSTANDING OF ONE'S FINANCES, LEADING TO FINANCIAL STABILITY. THE FINANCIAL COACHING PROGRAM PROVIDES REGULAR ONE-ON-ONE AND WORKSHOP SESSIONS WITH CLIENTS IN ORDER TO GUIDE CLIENTS TO MEET THEIR GOALS AND FINANCIAL INDEPENDENCE. THE FINANCIAL COACHING PROGRAM IS A UNITED WAY SUPPORTED PROGRAM THAT CAN ASSIST WITH CREDIT BUILDING, CREDIT REPAIRING, BUDGETING, MONEY MANAGEMENT, DEBT COLLECTIONS, DELINQUENT BILLS, DEBT CONSOLIDATION, ETC.
    Expenses $86,418
  • PROJECT RISE/ SEIMER PROGRAM - A COLLABORATION WITH LYNN PUBLIC SCHOOLS WORKING WITH FAMILIES EXPERIENCING HOUSING INSTABILITY AND HAVE AT LEAST ONE CHILD IN LYNN PUBLIC SCHOOLS. THIS PROGRAM OFFERS CASE MANAGEMENT AND COACHING TOWARDS A FAMILY'S HOUSING AND EDUCATION GOALS. FINANCIAL AND OTHER MATERIAL ASSISTANCE, A TWO-GENERATIONAL APPROACH TO SERVICE DELIVERY, AND A STRATEGIC PARTNERSHIP WITH THE SCHOOL DISTRICT AND OTHER LOCALSERVICE PROGRAMS.
    Expenses $173,226 · grants $73,519
  • HOMELESS MANAGEMENT INFORMATION SYSTEM (HMIS) A PROGRAM DESIGNED TO CENTRALIZE THE HOMELESS MANAGEMENT INFORMATION SYSTEM (HMIS) AND TO MONITOR THE COLLECTION AND SUBMISSION OF HMIS PROGRAM DATA FOR THE EMERGENCY SOLUTION GRANT ACTIVITIES.
    Expenses $43,220 · grants $5,828
  • Expenses $39,042 · grants $39,042

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
54-2084084
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
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$446,908
Income (IRS master file)
$406,227

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$406,227$360,423$446,908XML
990December 2023$650,357$694,053$416,452XML
990December 2022$1,056,756$985,016$450,499IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 54-2084084).

Questions about LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC

What is the EIN of LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC?
The employer identification number (EIN) of LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC is 54-2084084.
Is LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LYNN HOUSING AUTHORITY DEVELOPMENT GROUP 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 LYNN HOUSING AUTHORITY DEVELOPMENT GROUP 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 LYNN HOUSING AUTHORITY DEVELOPMENT GROUP 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 LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC?
The 990 for the year ended December 31, 2024 names STEPHEN MARTIN.
Who are the officers and directors of LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LYNN HOUSING AUTHORITY DEVELOPMENT GROUP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $406,227, expenses of $360,423 and total assets of $446,908 at year end.

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