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Nonprofit · EIN 61-1593415

BANJO LANE APARTMENTS INC

Tax-exempt · CENTREVILLE, MD 21617

Financials

$71K$104K2022$72K$107K2023$75K$111K2024
Revenue Expenses · by fiscal year end
Financials of BANJO LANE APARTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$75,160$110,808-$35,648$1,255,117$1,173,505$81,612
June 30, 2024990$71,923$106,572-$34,649$1,282,182$1,164,922$117,260
June 30, 2023990$71,307$104,471-$33,164$1,314,096$1,162,187$151,909
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$34,709
of which government grants
$34,709
Program service revenue
$40,389
Investment income
$60
Other revenue
$2

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$556
Accounting fees
$12,595
Occupancy
$35,193
Depreciation
$33,066
Program services (functional)
$87,641
Management and general (functional)
$23,167

Balance sheet and other

Total assets, start of year
$1,282,182
Total assets, end of year
$1,255,117
Total liabilities, end of year
$1,173,505
Net assets, end of year
$81,612
Land, buildings and equipment
$1,181,978
Net assets without donor restrictions
$81,612
Gross receipts
$75,160
Employees
0
Volunteers
7
Year formed
2009
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRIAN LAMBERTPRESIDENT
Trustee or director, Officer
0.3$0$60,335$10,560
MAURICE SALAMONEPRESIDENT THRU DEC 2024
Trustee or director, Officer
0.3$0$42,588$13,467
TRACEY PATRICKSECRETARY
Trustee or director, Officer
0.3$0$42,653$10,627
CINDI BOONEDIRECTOR
Trustee or director
0.3$0$0$0
LEA BROOKSDIRECTOR
Trustee or director
0.3$0$0$0
JA'KEIRA HOLLIDAYDIRECTOR
Trustee or director
0.3$0$0$0
DIANE LANEDIRECTOR
Trustee or director
0.3$0$0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MAURICE SALAMONEPRESIDENT
Trustee or director, Officer
0.3$0$44,349$12,607
BRENDA CHRONISTERSECRETARY/TREASURER THRU SEP 2023
Trustee or director, Officer
0.3$0$35,119$1,499
TRACEY PATRICKSECRETARY
Trustee or director, Officer
0.3$0$16,238$3,471
LEA BROOKSDIRECTOR
Trustee or director
0.3$0$0$0
DIANE LANEDIRECTOR
Trustee or director
0.3$0$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgs
BRENDA CHRONISTERSECRETARY/TREASURER
Trustee or director, Officer
0.3$0$42,783
MAURICE SALAMONEPRESIDENT
Trustee or director, Officer
0.3$0$41,234
HELEN LAMPMANPRESIDENT THRU JAN 2023
Trustee or director, Officer
0.3$0$0
LEA BROOKSDIRECTOR
Trustee or director
0.3$0$0
RENNE CARTERDIRECTOR THRU JAN 2023
Trustee or director
0.3$0$0
JEFFREY RANKDIRECTOR THRU JAN 2023
Trustee or director
0.3$0$0

Address and contacts

Address (IRS master file)
120 BANJO LN, CENTREVILLE, MD 21617-1002
In care of
% CROSSROADS COMMUNITY INC
Mailing address (990-N for 2009)
PO Box 718, 120 Banjo Lane, Centreville MD 21617
Principal officer (990 for 2024)
TRACEY PATRICK, 120 BANJO LANE, CENTREVILLE, MD 21617
Principal officer (990-N for 2009)
Carla Thorpe, PO Box 718, 120 Banjo Lane, Centreville MD 21617
Signed the 990
TRACEY PATRICK, SECRETARY
Phone
(410) 758-3050
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.

990 for the year ended June 30, 2025

Program accomplishments

  • BANJO LANE APARTMENTS, INC. WAS ORGANIZED IN FEBRUARY 2009 UNDER THE PROVISIONS OF THE STATE OF MARYLAND FOR THE PURPOSE OF DEVELOPING AND OPERATING HOUSING AND RELATED FACILITIES FOR PERSONS WHO SUFFER FROM CHRONIC MENTAL ILLNESS. THE ENTITY WAS FINANCED THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") UNDER SECTION 811 AND CONSISTS OF 10 UNITS ELIGIBLE FOR HUD PROJECT RENTAL ASSISTANCE. SUCH ENTITIES ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.
    Expenses $87,641 · revenue $40,389

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
61-1593415
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
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,255,117
Income (IRS master file)
$75,160

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$75,160$110,808$1,255,117XML
990June 2024$71,923$106,572$1,282,182XML
990June 2023$71,307$104,471$1,314,096XML
990June 2022$68,062$111,744$1,351,961IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2009
Officer: Carla Thorpe
June 30, 2010≤ $50,000 receipts––e-Postcard

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 61-1593415).

Questions about BANJO LANE APARTMENTS INC

What is the EIN of BANJO LANE APARTMENTS INC?
The employer identification number (EIN) of BANJO LANE APARTMENTS INC is 61-1593415.
Is BANJO LANE APARTMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to BANJO LANE APARTMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BANJO LANE APARTMENTS 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 BANJO LANE APARTMENTS 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 BANJO LANE APARTMENTS 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 BANJO LANE APARTMENTS INC?
The 990 for the year ended June 30, 2025 names TRACEY PATRICK.
Who are the officers and directors of BANJO LANE APARTMENTS INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does BANJO LANE APARTMENTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $75,160, expenses of $110,808 and total assets of $1,255,117 at year end.

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