Public Charity

OBED APARTMENTS INC

OBED APARTMENTS INC is a Public Charity headquartered in Providence, RI. Financial data from the 2025 filing: $119K revenue, $162K expenses, $791K total assets.

EIN: 050422771 Providence, RI Residential Mental Health Treatment NTEE: F33 Latest filing: 2025
Total Revenue$119K
Total Expenses$162K
Total Assets$791K
Grant Records0
Filing Years2021–2025

Mission

Obed Apartments, Inc. (Obed) is organized for charitable purposes to provide physically and mentally impaired persons with low-income housing facilities and access to services which are specifically designed to meet their physical, social, and physiological needs and to promote their health, security, and happiness.

Where $100 goes at Obed Apartments Inc

How Obed Apartments Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$74 Programs the work itself
$26 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $74 for programs

$74
To provide low-income housing and access to support services to people with physical and psychological challenges
All program spending · Reported in the filing: 10 units; 39 individuals
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director David White
President Henry Sachs Iii
Director Jay Burdick
Treasurer Joseph K Sabetta
Director Michael Hogan
Secretary Nicole M Corbin

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $119K $162K $791K
2024 $136K $172K $820K
2023 $125K $186K $834K
2022 $134K $178K $849K
2021 $130K $174K $854K

Between 2021 and 2025, reported annual revenue declined from $130K to $119K (-9%), with total assets most recently reported at $791K.

Interactive year-over-year charts and full filing details available with membership.

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