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Nonprofit · EIN 04-3328552

CHESWATYR FOUNDATION INC

Tax-exempt · BROOKLYN, NY 11217

Financials

$71K$257K2023$419K$292K2024
Revenue Expenses · by fiscal year end
Financials of CHESWATYR FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$418,940$292,149$126,791$3,381,682$4,417$3,377,265
December 31, 2023990-PF$71,366$257,284-$185,918$3,250,692$218$3,250,474
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$97,684
Net gain from sales of assets
$321,256

Expenses

Grants and similar amounts paid
$216,600
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$235,690
Excise tax on investment income
$5,038

Balance sheet and other

Total assets, start of year
$3,250,692
Total assets, end of year
$3,381,682
Total liabilities, end of year
$4,417
Net assets, end of year
$3,377,265
Fair market value of assets
$4,897,037
Qualifying distributions
$235,690
Net investment income
$418,927

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
EMILY WASSERMAN
151 DEKALB AVENUE, BROOKLYN, NY 11217
PRESIDENT15$0
WENDY WASSERMAN
3002 PORTER STREET NW, WASHINGTION, DC 20008
VICE PRESIDENT5$0
STEFANIE WASSERMAN
420 6TH AVE APT 9, BROOKLYN, NY 11215
TREASURER1$0
JAMES BROWNE
151 DEKALB AVENUE, BROOKLYN, NY 11217
DIRECTOR1$0
NORIAN CAPORAL BERKOWITZ
220 LOCUST STREET 23GS, PHILADELPHIA, PA 19106
SECRETARY1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
EMILY WASSERMAN
151 DEKALB AVENUE, BROOKLYN, NY 11217
PRESIDENT15$0
WENDY WASSERMAN
3002 PORTER STREET NW, WASHINGTION, DC 20008
VICE PRESIDENT5$0
STEFANIE WASSERMAN
420 6TH AVE APT 9, BROOKLYN, NY 11215
TREASURER1$0
JAMES BROWNE
151 DEKALB AVENUE, BROOKLYN, NY 11217
DIRECTOR1$0
NORIAN CAPORAL BERKOWITZ
220 LOCUST STREET 23GS, PHILADELPHIA, PA 19106
SECRETARY1$0

Address and contacts

Address (IRS master file)
151 DEKALB AVE, BROOKLYN, NY 11217-1303
In care of
% EMILY WASSERMAN
Signed the 990-PF
EMILY WASSERMAN, PRESIDENT
Phone
(718) 852-9283
Return prepared by
WAGNER FERBER FINE & ACKERMAN PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
04-3328552
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1997
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,381,682
Income (IRS master file)
$810,494

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024–––IRS
990-PFDecember 2023$71,366$257,284$3,250,692IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

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 CHESWATYR FOUNDATION INC

What is the EIN of CHESWATYR FOUNDATION INC?
The employer identification number (EIN) of CHESWATYR FOUNDATION INC is 04-3328552.
Is CHESWATYR FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to CHESWATYR FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does CHESWATYR FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CHESWATYR FOUNDATION 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 CHESWATYR FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CHESWATYR FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does CHESWATYR FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $418,940, expenses of $292,149 and total assets of $3,381,682 at year end.

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