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Nonprofit · EIN 87-4019204

PH NEW MARKETS INC

Tax-exempt · CLEVELAND, OH 44113

Financials

$452K$842K2025
Revenue Expenses · by fiscal year end
Financials of PH NEW MARKETS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$452,485$841,932-$389,447$8,219,005$8,616,558-$397,553
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$21
Other revenue
$452,464

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,300
Depreciation
$217,299
Program services (functional)
$318,973
Management and general (functional)
$486,082
Fundraising (functional)
$36,877

Balance sheet and other

Total assets, start of year
$8,418,233
Total assets, end of year
$8,219,005
Total liabilities, end of year
$8,616,558
Net assets, end of year
-$397,553
Land, buildings and equipment
$8,043,134
Net assets without donor restrictions
-$397,553
Gross receipts
$452,485
Employees
0
Volunteers
0
Year formed
2021
State of legal domicile
OH

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
TIMOTHY FLANAGANBOARD CHAIR & PRESIDENT
Trustee or director, Officer
1$0
EDWARD BELLDIRECTOR
Trustee or director
1$0
JAYNE JUVANSECRETARY AND COUNSEL
Trustee or director, Officer
1$0
JOSEPH LUKACTREASURER
Trustee or director, Officer
1$0
JEFFREY ORLOFFDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2050 W 32ND ST, CLEVELAND, OH 44113-4018
In care of
% PROVIDENCE HOUSE INC
Principal officer (990 for 2025)
TIMOTHY FLANAGAN, 2050 WEST 32ND STREET, CLEVELAND, OH 44113
Signed the 990
TIMOTHY FLANAGAN, BOARD CHAIR & PRESIDENT
Phone
(216) 651-5982
Return prepared by
CIUNI & PANICHI INC

Mission

PH NEW MARKETS INC WAS CREATED TO ACQUIRE, LEASE, HOLD, CONSTRUCT, DEVELOP, MAINTAIN AND OPERATE A CRISIS NURSERY FACILITY FOR THE BENEFIT OF PROVIDENCE HOUSE, INC.

990 for the year ended December 31, 2025

Program accomplishments

  • PH NEW MARKETS INC IS A SUPPORTING ENTITY OF PROVIDENCE HOUSE INC. PROVIDENCE HOUSE PROVIDES FOUR PROGRAMS TO KEEP CHILDREN NEWBORN THROUGH 12 YEAR-OLD SAFE, AND THEIR FAMILIES TOGETHER DURING TIMES OF CRISIS, WE PROVIDE FOR CHILDREN'S PHYSICAL, EMOTIONAL, DEVELOPMENTAL, AND EDUCATIONAL NEEDS, AND SUPPORT FAMILIES THROUGH COUNSELING, CONNECTIONS TO RESOURCES, AND CULTIVATING NURTURING PRACTICES. WE STRENGTHEN THE COMMUNITY BY ADVOCATING FOR UNDERSERVED FAMILIES AND DEMONSTRATING THE LASTING IMPACT OF FAMILY PRESERVATION.IN FISCAL YEAR 2024-2025, 2,141 CHILDREN AND FAMILIES WERE SERVED BETWEEN ALL OF OUR PROGRAMS. FAMILIES TURN TO PROVIDENCE HOUSE WHEN THEY ARE EXPERIENCING ACTIVE CRISIS AND (CONTINUED ON SCHEDULE O) SEEKING SAFE, EMERGENCY SHELTER FOR THEIR CHILDREN AND SUPPORT FOR THEIR FAMILY SO THEY DO NOT LOSE CUSTODY. LAST YEAR, 214 CHILDREN WERE ADMITTED INTO OUR CRISIS NURSERIES AND PROVIDED WITH 3,695 DAYS OF CARE.CHILDREN WERE SERVED IN OUR TRADITIONAL FAMILY PRESERVATION CRISIS NURSERY SERVICES AND OUR EMERGENCY PLACEMENT PROGRAM IN PARTNERSHIP WITH THE CUYAHOGA COUNTY DIVISIONOF CHILDREN AND FAMILY SERVICES. ADDITIONALLY, FAMILIES FROM THROUGHOUT GREATER CLEVELAND PARTICIPATED IN OUR FAMILY PRESERVATION SERVICES DURING THEIR CHILD'S STAY AT PROVIDENCE HOUSE. THIS INCLUDES 699 PARENT VISITS, 309 REFERRALS FOR ADDITIONAL SUPPORT SERVICES, 772 CASE MANAGEMENT SESSIONS, 189 PARENT SUPPORT SESSIONS, AND DISTRIBUTION OF 144 BUS PASSES TO HELP ADDRESS TRANSPORTATION BARRIERS THAT PREVENT MANY OF OUR CLIENTS FROM ACCESSING SERVICES. THROUGH OUR UNIQUE, MULTI-GENERATIONAL CRISIS NURSERY MODEL, 99.5% OF CHILDREN RETURNED HOME TO THEIR PARENT OR GUARDIAN AFTER STATING AT PROVIDENCE HOUSE,AND 98% OF OUR FAMILIES WERE FULLY ENGAGED IN OUR PRESERVATION SERVICES. ADDITIONALLY, 91 FAMILIES PARTICIPATED IN OUR VOLUNTARY AFTERCARE PROGRAM TO RECEIVE ONGOING SUPPORT INCLUDING CASE MANAGEMENT AND WEEKLY GROUP PARENT EDUCATION.TO FURTHER SERVE THE COMMUNITY, PROVIDENCE HOUSE PROVIDED 1,106 ESSENTIAL NEED ITEMS TO 312 FAMILIES THROUGH OUR COMMUNITY REFERRAL PROGRAM. PROVIDENCE HOUSE IS PRIMARILY FUNDED THROUGH PRIVATE DONATIONS FROM FOUNDATIONS, CORPORATIONS, INDIVIDUALS, GROUPS AND RECEIVES SOME GOVERNMENT GRANT FUNDING. WE DO NOT CHARGE OUR FAMILIES ANY FEES FOR OUR SERVICES.
    Expenses $318,973

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 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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-4019204
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P11)
Assets (IRS master file)
$8,219,005
Income (IRS master file)
$452,485

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$320,821$599,019$9,001,973IRS
990December 2022$224,515$430,766$9,654,800IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about PH NEW MARKETS INC

What is the EIN of PH NEW MARKETS INC?
The employer identification number (EIN) of PH NEW MARKETS INC is 87-4019204.
Is PH NEW MARKETS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to PH NEW MARKETS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does PH NEW MARKETS 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 PH NEW MARKETS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PH NEW MARKETS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PH NEW MARKETS INC?
The 990 for the year ended December 31, 2025 names TIMOTHY FLANAGAN.
Who are the officers and directors of PH NEW MARKETS INC?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does PH NEW MARKETS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $452,485, expenses of $841,932 and total assets of $8,219,005 at year end.

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