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Nonprofit · EIN 81-3657150

TOWN OF ISLIP AFFORDABLE HOUSING CORP

Tax-exempt · OAKDALE, NY 11769

Financials

$3.3M$3.7M2022$3.7M$3.5M2023$4M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of TOWN OF ISLIP AFFORDABLE HOUSING CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,983,973$3,779,673$204,300$18,179,433$4,436,824$13,742,609
June 30, 2024990$3,730,550$3,521,256$209,294$17,777,170$4,238,861$13,538,309
June 30, 2023990$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.

NameTitleHours / weekCompensationFrom related orgs
JACKIE FOSTEREXECUTIVE DIRECTOR0$0$146,992
RONALE E DEVINE JRDirector
Trustee or director
2$0$0
SUSANNE MAHADEODirector
Trustee or director
1$0$0
DOMINICK LETTIERIDirector
Trustee or director
1$0$0
DORINA BARKSDALEVICE cHAIRMAN
Trustee or director
1$0$0
MARY HOLMES REIDDirector
Trustee or director
1$0$0
JACKIE FOSTERPresident
Officer
2$0$0
ADA PEARSONDirector
Officer
1$0$0
DOROTHY A COURTEN ESQChairman
Officer
1$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
MARY KEVINSDirector
Trustee or director
2$0
MAUREEN FRASEVice Chairman
Trustee or director
1$0
DOMINICK LETTIERIDirector
Trustee or director
1$0
DORINA BARKSDALEDirector
Trustee or director
1$0
MARY HOLMES REIDDirector
Trustee or director
1$0
JACKIE FOSTERPresident
Officer
2$0
GRACE SCHLOSSERTreasurer
Officer
1$0
DOROTHY A COURTEN ESQChairman
Officer
1$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgs
JACKIE FOSTERPresident
Officer
2$0$141,820
MARY KEVINSDirector
Trustee or director
2$0$90,936
MAUREEN FRASEVice Chairman
Trustee or director
1$0$0
DOMINICK LETTIERIDirector
Trustee or director
1$0$0
DORINA BARKSDALEDirector
Trustee or director
1$0$0
MARY HOLMES REIDDirector
Trustee or director
1$0$0
GRACE SCHLOSSERTreasurer
Officer
1$0$0
DOROTHY A COURTEN ESQChairman
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.

990 for the year ended June 30, 2025

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 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
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
Assets (IRS master file)
$18,179,433
Income (IRS master file)
$3,983,973

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,983,973$3,779,673$18,179,433IRS
990June 2024$3,730,550$3,521,256$17,777,170XML
990June 2023$3,271,495$3,720,332$13,695,688XML
990June 2022$3,201,675$3,984,898$11,167,900IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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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