Nonprofit · EIN 04-2588840
CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC
Tax-exempt · GLOUCESTER, MA 01930
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $3,001 | $3,204 | -$203 | $98,525 | $19,471 | $79,054 |
| June 30, 2025 | 990 | $3,770 | $6,384 | -$2,614 | $98,728 | $19,471 | $79,257 |
| June 30, 2024 | 990 | $3,500 | $4,198 | -$698 | $97,742 | $15,871 | $81,871 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $3,001
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $990
- Program services (functional)
- $3,204
Balance sheet and other
- Total assets, start of year
- $98,728
- Total assets, end of year
- $98,525
- Total liabilities, end of year
- $19,471
- Net assets, end of year
- $79,054
- Net assets without donor restrictions
- $79,054
- Gross receipts
- $3,001
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1976
- State of legal domicile
- MA
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, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARMAND APARO | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ROCHELLE GENOVESE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| SCOTT MEMHARD | CLERK Trustee or director, Officer | 0.5 | $0 |
| JOSEPH ORLANDO | DIRECTOR Trustee or director | 0.5 | $0 |
| WILLIAM MUNIZ | DIRECTOR Trustee or director | 0.5 | $0 |
| AL COTTONE | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK RING | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MICHAEL FRONTIERO | DIRECTOR Trustee or director | 0.5 | $0 |
| MARYANN BLAND | ASSISTANT TREASURER Trustee or director, Officer | 0.5 | $0 |
| ARMAND APARO | DIRECTOR Trustee or director | 0.5 | $0 |
| RICHARD BURGESS | DIRECTOR Trustee or director | 0.5 | $0 |
| PETER MONDELLO | DIRECTOR Trustee or director | 0.5 | $0 |
| FRANK ROSE | DIRECTOR Trustee or director | 0.5 | $0 |
| ANTHONY GROSS | DIRECTOR Trustee or director | 0.5 | $0 |
| NICK GIACALONE | DIRECTOR Trustee or director | 0.5 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANCESCO PAUL VITALE | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2025: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARMAND APARO | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ROCHELLE GENOVESE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| SCOTT MEMHARD | CLERK Trustee or director, Officer | 0.5 | $0 |
| JOSEPH ORLANDO | DIRECTOR Trustee or director | 0.5 | $0 |
| WILLIAM MUNIZ | DIRECTOR Trustee or director | 0.5 | $0 |
| AL COTTONE | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK RING | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MICHAEL FRONTIERO | DIRECTOR Trustee or director | 0.5 | $0 |
| MARYANN BLAND | ASSISTANT TREASURER Trustee or director, Officer | 0.5 | $0 |
| ARMAND APARO | DIRECTOR Trustee or director | 0.5 | $0 |
| RICHARD BURGESS | DIRECTOR Trustee or director | 0.5 | $0 |
| PETER MONDELLO | DIRECTOR Trustee or director | 0.5 | $0 |
| FRANK ROSE | DIRECTOR Trustee or director | 0.5 | $0 |
| ANTHONY GROSS | DIRECTOR Trustee or director | 0.5 | $0 |
| NICK GIACALONE | DIRECTOR Trustee or director | 0.5 | $0 |
| FRANCESCO PAUL VITALE | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARMAND APARO | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ROCHELLE GENOVESE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| SCOTT MEMHARD | CLERK Trustee or director, Officer | 0.5 | $0 |
| JOSEPH ORLANDO | DIRECTOR Trustee or director | 0.5 | $0 |
| WILLIAM MUNIZ | DIRECTOR Trustee or director | 0.5 | $0 |
| AL COTTONE | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK RING | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MICHAEL FRONTIERO | DIRECTOR Trustee or director | 0.5 | $0 |
| MARYANN BLAND | ASSISTANT TREASURER Trustee or director, Officer | 0.5 | $0 |
| ARMAND APARO | DIRECTOR Trustee or director | 0.5 | $0 |
| RICHARD BURGESS | DIRECTOR Trustee or director | 0.5 | $0 |
| PETER MONDELLO | DIRECTOR Trustee or director | 0.5 | $0 |
| FRANK ROSE | DIRECTOR Trustee or director | 0.5 | $0 |
| ANTHONY GROSS | DIRECTOR Trustee or director | 0.5 | $0 |
| NICK GIACALONE | DIRECTOR Trustee or director | 0.5 | $0 |
| FRANCESCO PAUL VITALE | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5231, GLOUCESTER, MA 01930-0003
- Principal officer (990 for 2025)
- ROCHELLE GENOVESE, PO BOX 130259, BOSTON, MA 02113
- Signed the 990
- ROCHELLE GENOVESE, TREASURER
- Phone
- (978) 283-2959
- Return prepared by
- Babson & Company
Mission
PROVIDE BUSINESS LOANS TO THOSE IN THE COMMERICAL FISHING INDUSTRY WHO ARE UNABLE TO OBTAIN TRADITIONAL FINANCING.
Program accomplishments
- PROVIDING BUSINESS LOANS TO FISHING INDUSTRYExpenses $3,204 · revenue $3,001
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2588840
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1978
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $98,525
- Income (IRS master file)
- $3,001
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $3,001 | $3,204 | $98,525 | XML |
| 990 | June 2025 | $3,770 | $6,384 | $98,728 | XML |
| 990 | June 2024 | $3,500 | $4,198 | $97,742 | XML |
| 990 | June 2023 | $255 | $4,043 | $98,440 | IRS |
| 990 | June 2022 | $2,438 | $9,248 | $102,225 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 04-2588840).
Questions about CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC
- What is the EIN of CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC?
- The employer identification number (EIN) of CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC is 04-2588840.
- Is CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1978.
- Are donations to CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC?
- The 990 for the year ended June 30, 2026 names ROCHELLE GENOVESE.
- Who are the officers and directors of CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC?
- The 990 for the year ended June 30, 2026 lists 16 people; 0 received compensation from the organization.
- How much revenue does CAPE ANN COMMERCIAL FISHERMENS LOAN FUND INC have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $3,001, expenses of $3,204 and total assets of $98,525 at year end.
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