Nonprofit · EIN 81-1935985
MERCY DRIVE PROPERTIES INC
Tax-exempt · FOREST HILLS, NY 11375
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $0 | $118,254 | -$118,254 | $3,108,086 | $2,830,114 | $277,972 |
| June 30, 2024 | 990 (amended) | $27,414 | $167,788 | -$140,374 | $3,258,312 | $2,806,051 | $452,261 |
| December 31, 2023 | 990 (amended) | $27,414 | $167,788 | -$140,374 | $3,258,312 | $2,806,051 | $452,261 |
| June 30, 2023 | 990 | $355,862 | $251,471 | $104,391 | $3,369,215 | $2,776,580 | $592,635 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $110,597
- Program services (functional)
- $118,254
Balance sheet and other
- Total assets, start of year
- $3,258,312
- Total assets, end of year
- $3,108,086
- Total liabilities, end of year
- $2,830,114
- Net assets, end of year
- $277,972
- Land, buildings and equipment
- $3,054,997
- Net assets without donor restrictions
- $277,972
- Gross receipts
- $0
- Employees
- 0
- Year formed
- 2016
- 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 |
|---|---|---|---|
| MICHAEL DADA | MEMBER Trustee or director | 1 | $0 |
| JOHN AYODELE | MEMBER Trustee or director | 1 | $0 |
| BADEMA DIALLO | MEMBER Trustee or director | 1 | $0 |
| CHRISTABELLE COCHRAN | EXCECUTIVE DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL DADA | MEMBER Trustee or director | 1 | $0 |
| JOHN AYODELE | MEMBER Trustee or director | 1 | $0 |
| BADEMA DIALLO | MEMBER Trustee or director | 1 | $0 |
| CHRISTABELLE COCHRAN | EXCECUTIVE DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL DADA | MEMBER Trustee or director | 1 | $0 |
| JOHN AYODELE | MEMBER Trustee or director | 1 | $0 |
| BADEMA DIALLO | MEMBER Trustee or director | 1 | $0 |
| CHRISTABELLE COCHRAN | EXCECUTIVE DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL DADA | MEMBER Trustee or director | 1 | $0 |
| JOHN AYODELE | MEMBER Trustee or director | 1 | $0 |
| BADEMBA DIALLO | MEMBER Trustee or director | 1 | $0 |
| CHRISTABELLE COCHRAN | EXCUTIVE DIRECTOR Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 7235 112TH ST STE PR1, FOREST HILLS, NY 11375-5451
- In care of
- % CHRISTABELLE COCHRAN
- Principal officer (990 for 2024)
- CHRISTABELLA COCHRAN, 9560 QUEENS BOULEVARD UNIT 313, Jackson Heights, NY 11372
- Signed the 990
- CHRISTABELLA COCHRAN, EXECUTIVE DIRECTOR
- Phone
- (718) 300-8239
- Return prepared by
- VERNON J KEY CPA PC
Mission
PROVIDES OFFICE SPACE TO THE NON PROFIT ORGANIZATION, MERCY DRIVE PROPERTIES INC. HOLDS THE REAL ESTATE PROPERTY TITLE FOR MERCY DRIVE INC.
Program accomplishments
- PROVIDES OFFICE SPACE TO THE NON PROFIT ORGANIZATION, MERCY DRIVE INC. MERCY DRIVE PROPERTIES INC HOLDS THE REAL ESTATE PROPERTY TITLE FOR MERCY DRIVE.Expenses $118,254
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
- 81-1935985
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $3,108,086
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $0 | $118,254 | $3,108,086 | XML |
| 990 | June 2024 | $27,414 | $167,788 | $3,258,312 | XML |
| 990 | December 2023 | $27,414 | $167,788 | $3,258,312 | IRS |
| 990 | June 2023 | $355,862 | $251,471 | $3,369,215 | XML |
| 990 | June 2022 | $302,400 | $219,574 | $3,464,010 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 81-1935985).
Questions about MERCY DRIVE PROPERTIES INC
- What is the EIN of MERCY DRIVE PROPERTIES INC?
- The employer identification number (EIN) of MERCY DRIVE PROPERTIES INC is 81-1935985.
- Is MERCY DRIVE PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2019.
- Are donations to MERCY DRIVE PROPERTIES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MERCY DRIVE 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 MERCY DRIVE 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 MERCY DRIVE 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 MERCY DRIVE PROPERTIES INC?
- The 990 for the year ended June 30, 2025 names CHRISTABELLA COCHRAN.
- Who are the officers and directors of MERCY DRIVE PROPERTIES INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does MERCY DRIVE PROPERTIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $0, expenses of $118,254 and total assets of $3,108,086 at year end.
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