Nonprofit · EIN 56-2286782
RAIN PROPERTIES INC
Tax-exempt (reinstated) · BRONX, NY 10462
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $338,156 | $169,138 | $169,018 | $3,554,762 | $635,612 | $2,919,150 |
| June 30, 2024 | 990 | $328,984 | $159,522 | $169,462 | $3,381,679 | $631,547 | $2,750,132 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $331,342
- Investment income
- $6,814
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,113
- Accounting fees
- $8,925
- Occupancy
- $27,723
- Depreciation
- $99,504
Balance sheet and other
- Total assets, start of year
- $3,381,679
- Total assets, end of year
- $3,554,762
- Total liabilities, end of year
- $635,612
- Net assets, end of year
- $2,919,150
- Land, buildings and equipment
- $1,673,887
- Net assets without donor restrictions
- $2,919,150
- Gross receipts
- $338,156
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2001
- State of legal domicile
- NY
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR ANDERSON TORRES | PRESIDENT/CEO/SECRETARY Trustee or director, Officer | 8 | $0 | $427,506 | $22,133 |
| FATMIR TOCI | CFO THRU 12/24/2024 Officer | 4 | $0 | $226,071 | $15,139 |
| MARCIANA ZENAIDA ROGER | CHAIRPERSON Trustee or director, Officer | 8 | $0 | $0 | $0 |
| MUNESH B JAGNANDAN | TREASURER Trustee or director, Officer | 8 | $0 | $0 | $0 |
| NELSON QUINONES | BOARD MEMBER Trustee or director | 8 | $0 | $0 | $0 |
| KENDELL BURROUGHS | CFO AS OF 01/2025 Officer | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR ANDERSON TORRES | PRESIDENT/CEO/SECRETARY Trustee or director, Officer | 8 | $0 | $406,921 | $21,512 |
| FATMIR TOCI | CFO Officer | 4 | $0 | $216,950 | $15,130 |
| MARCIANA ZENAIDA ROGER | CHAIRPERSON Trustee or director, Officer | 8 | $0 | $0 | $0 |
| MUNESH B JAGNANDAN | TREASURER Trustee or director, Officer | 8 | $0 | $0 | $0 |
| NELSON QUINONES | BOARD MEMBER Trustee or director, Officer | 8 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 811 MORRIS PARK AVE, BRONX, NY 10462-3605
- Principal officer (990 for 2024)
- DR ANDERSON TORRES, 811 MORRIS PARK AVENUE, BRONX, NY 10462
- Signed the 990
- DR ANDERSON TORRES, PRESIDENT/CEO/SECRETARY
- Phone
- (718) 892-1400
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
TO ACT AND SERVE AS A TITLE HOLDING CORPORATION, HOLDING TITLE TO AND MANAGING REAL AND PERSONAL PROPERTY.
Program accomplishments
- RAIN PROPERTIES IS AN EXEMPT TITLE HOLDING COMPANY THAT PROVIDES RENTAL SPACE TO ITS PARENT ORGANIZATION, REGIONAL AID FOR INTERIM NEEDS, INC.
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 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
- 56-2286782
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Exempt since
- 2016
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $3,554,762
- Income (IRS master file)
- $338,156
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- February 20, 2016
- Reinstated
- Effective June 15, 2015
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $316,315 | $202,139 | $3,210,124 | IRS |
| 990 | June 2022 | $309,146 | $133,408 | $3,088,596 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about RAIN PROPERTIES INC
- What is the EIN of RAIN PROPERTIES INC?
- The employer identification number (EIN) of RAIN PROPERTIES INC is 56-2286782.
- Is RAIN PROPERTIES INC tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective June 15, 2015.
- Which annual return does RAIN 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 RAIN PROPERTIES 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 RAIN PROPERTIES 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 RAIN PROPERTIES INC?
- The 990 for the year ended June 30, 2025 names DR ANDERSON TORRES.
- Who are the officers and directors of RAIN PROPERTIES INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does RAIN PROPERTIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $338,156, expenses of $169,138 and total assets of $3,554,762 at year end.
Other nonprofits in BRONX
- FOOD BANK FOR NEW YORK CITY EIN 13-3179546 · last filed 990 for 2025
- NORTHWEST BRONX COMMUNITY AND CLERGY COALITION INC EIN 13-2806160 · last filed 990 for 2025
- STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION EIN 13-2875743 · last filed 990 for 2024
- THE PROMESA HOUSING DEVELOPMENT FUND CORPORATION EIN 13-3608906 · last filed 990 for 2024
- RIVERDALE NEIGHBORHOOD HOUSE INC EIN 13-1740024 · last filed 990 for 2025
- SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION EIN 13-2736022 · last filed 990 for 2023
- MOSHOLU PRESERVATION CORPORATION EIN 13-3109387 · last filed 990 for 2024
- BANANA KELLY COMMUNITY IMPROVEMENT ASSOCIATION INC EIN 13-2934000 · last filed 990 for 2024
All nonprofits in BRONX · New York · Community improvement and capacity building