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Nonprofit · EIN 06-1448345

FOUNDATIONS IN FAITH INC

Tax-exempt · NORWALK, CT 06851

Financials

$1.6M$1.3M2022$1.1M$1.7M2023$2.5M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATIONS IN FAITH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,493,595$1,893,051$600,544$38,425,727$2,301,752$36,123,975
June 30, 2024990$1,074,441$1,654,070-$579,629$35,469,393$1,822,680$33,646,713
June 30, 2023990$1,626,049$1,304,666$321,383$25,510,003$1,018,540$24,491,463
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$361,000
Program service revenue
$0
Investment income
$2,115,595
Net gain from sales of assets
$708,320
Other revenue
$17,000

Expenses

Grants and similar amounts paid
$1,694,170
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$42,037
Depreciation
$6,000
Program services (functional)
$1,694,170
Management and general (functional)
$198,881

Balance sheet and other

Total assets, start of year
$35,469,393
Total assets, end of year
$38,425,727
Total liabilities, end of year
$2,301,752
Net assets, end of year
$36,123,975
Publicly traded securities
$37,813,790
Net assets with donor restrictions
$36,123,975
Gross receipts
$6,561,663
Employees
0
Volunteers
28
Year formed
1996
State of legal domicile
CT

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, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Anne O McCrorySecretary
Trustee or director, Officer
1$0$245,590$12,279
Bishop Frank J CaggianoDirector
Trustee or director
1$0$41,321$21,080
Kelly WeldonExecutive Director
Trustee or director, Officer
22$0$47,888$0
Andy AoyamaChair
Trustee or director, Officer
1$0$0$0
Paul CroninTreasurer
Trustee or director, Officer
1$0$0$0
Joseph SindelarVice Chair
Trustee or director, Officer
1$0$0$0
Lorraine CarranoDirector
Trustee or director
1$0$0$0
Alicia CarpenterDirector
Trustee or director
1$0$0$0
Diane KremhellerDirector
Trustee or director
1$0$0$0
Ligia MasilamaniDirector
Trustee or director
1$0$0$0
Susan StoneDirector
Trustee or director
1$0$0$0
Patrick TurnerDirector
Trustee or director
1$0$0$0
William OrjuelaDirector
Trustee or director
1$0$0$0
DANIEL MUDDDIRECTOR
Trustee or director
1$0$0$0
Janie NnejiDirector
Trustee or director
1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
Sheila PetteeDirector
Trustee or director
1$0
990 for the year ended June 30, 2024: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Michael HanlonTreasurer
Trustee or director, Officer
1$0$247,098$12,098
Anne O McCrorySecretary
Trustee or director, Officer
1$0$215,369$10,788
Bishop Frank J CaggianoDirector
Trustee or director
1$0$38,843$20,176
Kelly WeldonExecutive Director
Trustee or director, Officer
22$0$45,775$0
Andy AoyamaChair
Trustee or director, Officer
1$0$0$0
Joseph SindelarVice Chair
Trustee or director, Officer
1$0$0$0
Lorraine CarranoDirector
Trustee or director
1$0$0$0
Alicia Carpenter-CummingsDirector
Trustee or director
1$0$0$0
Paul CroninDirector
Trustee or director
1$0$0$0
Diane KremhellerDirector
Trustee or director
1$0$0$0
Ligia MasilamaniDirector
Trustee or director
1$0$0$0
Susan StoneDirector
Trustee or director
1$0$0$0
Patrick TurnerDirector
Trustee or director
1$0$0$0
William OrjuelaDirector (as of 6/25/24)
Trustee or director
1$0$0$0
DANIEL MUDDDIRECTOR
Trustee or director
1$0$0$0
Janie NnejiDirector
Trustee or director
1$0$0$0
Sheila PetteeDirector (as of 6/25/24)
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Michael HanlonTreasurer & CAO
Trustee or director, Officer
1$0$230,414$11,521
Anne O McCrorySecretary
Trustee or director, Officer
1$0$205,613$10,281
Bishop Frank J CaggianoDirector
Trustee or director
1$0$35,942$20,080
Kelly WeldonExecutive Director
Trustee or director, Officer
30$0$39,599$0
Andy AoyamaChairman
Trustee or director, Officer
1$0$0$0
Joseph SindelarVice Chairman
Trustee or director, Officer
1$0$0$0
Lorraine CarranoDirector
Trustee or director
1$0$0$0
Alicia Carpenter-CummingsDirector
Trustee or director
1$0$0$0
Paul CroninDirector
Trustee or director
1$0$0$0
Diane KremhellerDirector
Trustee or director
1$0$0$0
Ligia MasilamaniDirector
Trustee or director
1$0$0$0
Susan StoneDirector
Trustee or director
1$0$0$0
Patrick TurnerDirector
Trustee or director
1$0$0$0
Nicholas YanicelliDirector
Trustee or director
1$0$0$0
DANIEL MUDDDIRECTOR
Trustee or director
1$0$0$0
Jaime Ramirez-CastroDirector (until 2/1/2023)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
154 EAST AVE, NORWALK, CT 06851-5717
In care of
% CAROL INCARNACAO-SCHIRM
Principal officer (990 for 2024)
Andy Aoyama, 154 East Avenue, Bridgeport, CT 06606
Signed the 990
Paul Cronin, Treasurer
Phone
(203) 416-1392
Return prepared by
Nanavaty Davenport Studley White

Mission

SUPPORT CATHOLIC EDUCATION, VOCATION, AND SEMINARY EDUCATION, PRIESTS' RESIDENCE AND RETIREMENT FUND AND DIOCESAN MINISTRIES AND PROGRAMS.

990 for the year ended June 30, 2025

Program accomplishments

  • Support Catholic education, vocation, and seminary education, priests' residence and retirement fund and diocesan ministries and programs.
    Expenses $1,237,370 · grants $1,237,370
  • Provide resources to build long-term sustainable parishes with vibrant and growing ministries.
    Expenses $456,800 · grants $456,800

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
06-1448345
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Exempt since
1946
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$38,425,727
Income (IRS master file)
$6,561,663

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,493,595$1,893,051$38,425,727IRS
990June 2024$1,074,441$1,654,070$35,469,393XML
990June 2023$1,626,049$1,304,666$25,510,003XML
990June 2022$3,107,303$2,498,078$25,821,531IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 06-1448345).

Questions about FOUNDATIONS IN FAITH INC

What is the EIN of FOUNDATIONS IN FAITH INC?
The employer identification number (EIN) of FOUNDATIONS IN FAITH INC is 06-1448345.
Is FOUNDATIONS IN FAITH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Which annual return does FOUNDATIONS IN FAITH 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 FOUNDATIONS IN FAITH INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATIONS IN FAITH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FOUNDATIONS IN FAITH INC?
The 990 for the year ended June 30, 2025 names Andy Aoyama.
Who are the officers and directors of FOUNDATIONS IN FAITH INC?
The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does FOUNDATIONS IN FAITH INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,493,595, expenses of $1,893,051 and total assets of $38,425,727 at year end.

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