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Nonprofit · EIN 85-1400965

AFFORDABLE HOUSING OPPORTUNITIES MATTER INC

Tax-exempt · BOONTON, NJ 07005

Financials

$1.6M$1.3M2023$16K$02024
Revenue Expenses · by fiscal year end
Financials of AFFORDABLE HOUSING OPPORTUNITIES MATTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$16,036$0$16,036$1,280,253$1,262,338$17,915
December 31, 2023990$1,631,480$1,284,785$346,695$2,504,590$1,763,978$740,612
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$13,829
Investment income
$2,207
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$1,879
Total assets, end of year
$1,280,253
Total liabilities, end of year
$1,262,338
Net assets, end of year
$17,915
Net assets without donor restrictions
$17,915
Gross receipts
$16,036
Employees
0
Volunteers
0
Year formed
2021
State of legal domicile
NJ

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
James PlaistedChairperson
Trustee or director
0$0
Robert DiVincentVice Chairperson
Trustee or director
0$0
Hazel Burnett-DavisTrustee
Trustee or director
0$0
Gary CentenaroTrustee
Trustee or director
0$0
Jerry TuscanoTrustee
Trustee or director
0$0
Keith KinardTrustee
Trustee or director
0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
James PlaistedChairperson
Trustee or director
0$0
Robert DiVincentVice Chairperson
Trustee or director
0$0
Hazel Burnett-DavisTrustee
Trustee or director
0$0
Gary CentenaroTrustee
Trustee or director
0$0
Jerry TuscanoTrustee
Trustee or director
0$0
Keith KinnairdTrustee
Trustee or director
0$0

Address and contacts

Address (IRS master file)
125 CHESTNUT ST, BOONTON, NJ 07005-1167
Mailing address (990-N for 2021)
125 Chestnut Street, Boonton NJ 07005
Principal officer (990 for 2024)
SHERRY SIMS, 125 CHESTNUT STREET, BOONTON, NJ 07005
Principal officer (990-N for 2021)
Sherry Sims, 125 Chestnut Street, Boonton NJ 07005
Signed the 990
SHERRY SIMS, MANAGEMENT AGENT
Phone
(973) 335-0846
Return prepared by
WILLIAM KATCHEN CPA LLC

Mission

TO PROVIDE AFFORDABLE HOUSING FOR FAMILIES OF LOW TO MODERATE INCOME.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE AFFORDABLE HOUSING FOR FAMILIES OF LOW TO MODERATE INCOME.
    revenue $16,036

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-1400965
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
2021
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1,280,253
Income (IRS master file)
$16,036

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$16,036$0$1,280,253XML
990December 2023$1,631,480$1,284,785$2,504,590XML
990December 2022$1,117,021$883,926$2,366,150IRS
990-N for 2021
Officer: Sherry Sims
December 31, 2021≤ $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 85-1400965).

Questions about AFFORDABLE HOUSING OPPORTUNITIES MATTER INC

What is the EIN of AFFORDABLE HOUSING OPPORTUNITIES MATTER INC?
The employer identification number (EIN) of AFFORDABLE HOUSING OPPORTUNITIES MATTER INC is 85-1400965.
Is AFFORDABLE HOUSING OPPORTUNITIES MATTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to AFFORDABLE HOUSING OPPORTUNITIES MATTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFFORDABLE HOUSING OPPORTUNITIES MATTER INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of AFFORDABLE HOUSING OPPORTUNITIES MATTER INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AFFORDABLE HOUSING OPPORTUNITIES MATTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AFFORDABLE HOUSING OPPORTUNITIES MATTER INC?
The 990 for the year ended December 31, 2024 names SHERRY SIMS.
Who are the officers and directors of AFFORDABLE HOUSING OPPORTUNITIES MATTER INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does AFFORDABLE HOUSING OPPORTUNITIES MATTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $16,036, expenses of $0 and total assets of $1,280,253 at year end.

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