St Stephens Housing Corporation

Private foundation · Grantmaker Beverly, MA EIN: 23-7212028

St Stephens Housing Corporation is a private foundation, based in Beverly, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 6 grants totaling $275K. Net investment income was $864K.

St Stephens Housing Corporation at a glance

In short: St Stephens Housing Corporation gave $275K across 6 grants in 2024 (avg $46K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$275,000
-5.2% vs 2023
Grants made (2024)
6
-14.3% vs 2023
Average grant
$45,833
+10.6% vs 2023
Median grant
$45,000
Total assets
$4,755,450
+13.6% vs 2023
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who St Stephens Housing Corporation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Centerboard Inc: $50KCenterboard Inc$50KHaven Project: $45KHaven Project$45KHawc: $45KHawc$45KMassachusetts Coalition for the Homeless: $45KMassachusetts Coalition forthe Homeless$45KNorth Shore Community Development Coalition: $45KNorth Shore CommunityDevelopment Coalition$45KEssex County Habitat for Humanity: $45KEssex County Habitat forHumanity$45K

The largest 2024 recipient was Centerboard Inc ($50K). Together the top 6 received $275K.

Grant Size Distribution

35 grants across all recorded years

28<$50K6$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 28 grants of 35 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 6 itemized grants.

Cities

LynnSalemRoxburyDanvers

How St Stephens Housing Corporation gives

  • Giving fell 25% from 2021 to 2024. Method
  • In 2024 it paid out 118% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K6 grants2020 8 grants2021 8 grants2022 7 grants2023 6 grants2024

From 2020 to 2024, annual grant giving ranged from $275K (2024) to $365K (2021). In 2024 it made 6 grants totaling $275K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Centerboard Inc Lynn, MAGeneral Purpose of the Organization.$50,000
Haven Project Lynn, MAGeneral Purpose of the Organization.$45,000
Hawc Salem, MAGeneral Purpose of the Organization.$45,000
Massachusetts Coalition for the Homeless Lynn, MAGeneral Purpose of the Organization.$45,000
North Shore Community Development Coalition Salem, MAGeneral Purpose of the Organization.$45,000
Essex County Habitat for Humanity Danvers, MAGeneral Purpose of the Organization.$45,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$4,755,450$908,037$321,544$275,0006$275,000$864,248$232,300
2023$4,187,850$556,118$337,785$290,0007$290,000$513,192$219,557
2022$3,980,083$230,098$351,361$315,0008$315,000$209,487$237,843
2021$4,101,346$799,637$408,404$365,0008$365,000$759,002$182,098
2020$3,721,916$76,804$354,057$320,0006—$46,778$230,812

Under IRS private-foundation payout rules, St Stephens Housing Corporation reported a distributable amount of $232K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

St Stephens Housing Corporation is led by Jeffrey R. McAvoy, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jeffrey R. McAvoy

    President

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Carolyn Edwards

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Megan Werner

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Neil O'Donnell

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Nelson Woodfork

    Treasurer

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Virginia Fuller

    Clerk

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (3)
  • Former: Victoria Kozicz (2020–2022) — Director
  • Former: Steve Switzer (2020–2021) — Director
  • Former: Charles Wibiralske (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about St Stephens Housing Corporation

How much does St Stephens Housing Corporation give each year?

St Stephens Housing Corporation gave $275K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $290K across 7 grants.

What is St Stephens Housing Corporation's typical grant size?

St Stephens Housing Corporation's median grant in 2024 was $45,000, and its average grant was $45,833, across 6 grants on its 2024 IRS Form 990-PF.

Where does St Stephens Housing Corporation give grants?

St Stephens Housing Corporation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lynn, MA (3 grants) and Salem, MA (2 grants).

Does St Stephens Housing Corporation give general operating support?

Yes: 100% of St Stephens Housing Corporation's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are St Stephens Housing Corporation's largest grantees?

St Stephens Housing Corporation's largest 2024 grantees include Centerboard Inc ($50,000), Haven Project ($45,000) and Hawc ($45,000), according to its 2024 IRS Form 990-PF. Together they received 51% of its itemized 2024 grant dollars.

How large is St Stephens Housing Corporation?

St Stephens Housing Corporation reported $4.8M in total assets on its 2024 IRS Form 990-PF. It paid out $275K in qualifying distributions that year, against a required minimum of $232K (roughly 5% of its investment assets).

What is St Stephens Housing Corporation's EIN?

St Stephens Housing Corporation's EIN (Employer Identification Number) is 23-7212028. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from St Stephens Housing Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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