Nonprofit · EIN 81-3657150
TOWN OF ISLIP AFFORDABLE HOUSING CORP
Tax-exempt · OAKDALE, NY 11769
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,983,973 | $3,779,673 | $204,300 | $18,179,433 | $4,436,824 | $13,742,609 |
| June 30, 2024 | 990 | $3,730,550 | $3,521,256 | $209,294 | $17,777,170 | $4,238,861 | $13,538,309 |
| June 30, 2023 | 990 | $3,271,495 | $3,720,332 | -$448,837 | $13,695,688 | $367,996 | $13,327,692 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,271
- of which government grants
- $10,271
- Program service revenue
- $3,496,076
- Investment income
- $477,626
- 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
- Legal fees
- $23,378
- Accounting fees
- $9,834
- Depreciation
- $796,665
- Program services (functional)
- $3,659,980
- Management and general (functional)
- $119,693
Balance sheet and other
- Total assets, start of year
- $17,777,170
- Total assets, end of year
- $18,179,433
- Total liabilities, end of year
- $4,436,824
- Net assets, end of year
- $13,742,609
- Land, buildings and equipment
- $5,840,901
- Net assets without donor restrictions
- $13,742,609
- Gross receipts
- $3,983,973
- 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 | From related orgs |
|---|---|---|---|---|
| JACKIE FOSTER | EXECUTIVE DIRECTOR | 0 | $0 | $146,992 |
| RONALE E DEVINE JR | Director Trustee or director | 2 | $0 | $0 |
| SUSANNE MAHADEO | Director Trustee or director | 1 | $0 | $0 |
| DOMINICK LETTIERI | Director Trustee or director | 1 | $0 | $0 |
| DORINA BARKSDALE | VICE cHAIRMAN Trustee or director | 1 | $0 | $0 |
| MARY HOLMES REID | Director Trustee or director | 1 | $0 | $0 |
| JACKIE FOSTER | President Officer | 2 | $0 | $0 |
| ADA PEARSON | Director Officer | 1 | $0 | $0 |
| DOROTHY A COURTEN ESQ | Chairman Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY KEVINS | Director Trustee or director | 2 | $0 |
| MAUREEN FRASE | Vice Chairman Trustee or director | 1 | $0 |
| DOMINICK LETTIERI | Director Trustee or director | 1 | $0 |
| DORINA BARKSDALE | Director Trustee or director | 1 | $0 |
| MARY HOLMES REID | Director Trustee or director | 1 | $0 |
| JACKIE FOSTER | President Officer | 2 | $0 |
| GRACE SCHLOSSER | Treasurer Officer | 1 | $0 |
| DOROTHY A COURTEN ESQ | Chairman Officer | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| JACKIE FOSTER | President Officer | 2 | $0 | $141,820 |
| MARY KEVINS | Director Trustee or director | 2 | $0 | $90,936 |
| MAUREEN FRASE | Vice Chairman Trustee or director | 1 | $0 | $0 |
| DOMINICK LETTIERI | Director Trustee or director | 1 | $0 | $0 |
| DORINA BARKSDALE | Director Trustee or director | 1 | $0 | $0 |
| MARY HOLMES REID | Director Trustee or director | 1 | $0 | $0 |
| GRACE SCHLOSSER | Treasurer Officer | 1 | $0 | $0 |
| DOROTHY A COURTEN ESQ | Chairman Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 963 MONTAUK HWY, OAKDALE, NY 11769-1433
- In care of
- % RICHARD WANKEL
- Principal officer (990 for 2024)
- JACKIE FOSTER, 963 MONTAUK HWY, OAKDALE, NY 11769
- Signed the 990
- JACKIE FOSTER, President
- Phone
- (631) 589-7100
- Return prepared by
- Polcari & Co CPAs
Mission
THE TOWN OF ISLIP AFFORDABLE HOUSING CORP STRIVES TO ACHIEVE EFFECTIVE AND EFFICIENT DELIVERY OF DECENT, SAFE AND AFFORDALBE HOUSING TO ELIGIBLE LOW AND VERY LOW INCOME FAMILY APPLICANTS, WHILE MAINTAING AN OVERALL COMMITMENT TO THE LOCAL COMMUNITIES AND GOVERNMENTAL ENTITIES WITHIN THE COMMUNITEIS SERVED IN ORDER TO PROMOTE ADEQUATE AND AFFORDABLE HOUSING AND A SUITABLE LIVING ENVIORMENT FREE FROM DISCRIMINATION.
Program accomplishments
- THE TOWN OF ISLIP AFFORDABLE HOUSING CORP. HOUSES 360 LOW AND VERY LOW FAMILIES IN FOUR SEPARATE HOUISNG COMPLEXES. SINCE TAKING OWNERSHIP OF THE PROPERTY IN 2017, THE CORP, THROUGH ITS MANAGEMENT AGENT, SERVES APPROXIMATELY 60-75 NEW FAMILIES EACH YEAR DUE TO ATTRITION. THE TENANT POPULATION OF APPROXIMATLEY 550 PERSONS IS COMPRISED OF APPROXIMATELY 25% DISABLED NON ELDERLY FAMILIES AND 75% ELDERLY FAMILIES.Expenses $3,659,980 · revenue $3,496,076
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
- 81-3657150
- 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
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $18,179,433
- Income (IRS master file)
- $3,983,973
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,983,973 | $3,779,673 | $18,179,433 | IRS |
| 990 | June 2024 | $3,730,550 | $3,521,256 | $17,777,170 | XML |
| 990 | June 2023 | $3,271,495 | $3,720,332 | $13,695,688 | XML |
| 990 | June 2022 | $3,201,675 | $3,984,898 | $11,167,900 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 81-3657150).
Questions about TOWN OF ISLIP AFFORDABLE HOUSING CORP
- What is the EIN of TOWN OF ISLIP AFFORDABLE HOUSING CORP?
- The employer identification number (EIN) of TOWN OF ISLIP AFFORDABLE HOUSING CORP is 81-3657150.
- Is TOWN OF ISLIP AFFORDABLE HOUSING CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to TOWN OF ISLIP AFFORDABLE HOUSING CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TOWN OF ISLIP AFFORDABLE HOUSING CORP 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 TOWN OF ISLIP AFFORDABLE HOUSING CORP 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 TOWN OF ISLIP AFFORDABLE HOUSING CORP 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 TOWN OF ISLIP AFFORDABLE HOUSING CORP?
- The 990 for the year ended June 30, 2025 names JACKIE FOSTER.
- Who are the officers and directors of TOWN OF ISLIP AFFORDABLE HOUSING CORP?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does TOWN OF ISLIP AFFORDABLE HOUSING CORP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,983,973, expenses of $3,779,673 and total assets of $18,179,433 at year end.
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