Nonprofit · EIN 06-6069051
PHELPS ASSOCIATION
Tax-exempt · NEW HAVEN, CT 06520
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $478,684 | $628,592 | -$149,908 | $9,786,210 | $41,880 | $9,744,330 |
| June 30, 2024 | 990 | $284,779 | $500,440 | -$215,661 | $9,501,303 | $21,971 | $9,479,332 |
| June 30, 2023 | 990 | $136,534 | $507,382 | -$370,848 | $9,281,458 | $13,115 | $9,268,343 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $122,363
- Program service revenue
- $0
- Investment income
- $356,321
- Net gain from sales of assets
- $218,004
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,135
- Other salaries and wages
- $71,862
- Salaries, compensation and benefits (total)
- $78,721
- Professional fundraising fees
- $0
- Accounting fees
- $7,500
- Occupancy
- $143,302
- Depreciation
- $160,489
- Program services (functional)
- $441,577
- Management and general (functional)
- $128,173
- Fundraising (functional)
- $58,842
Balance sheet and other
- Total assets, start of year
- $9,501,303
- Total assets, end of year
- $9,786,210
- Total liabilities, end of year
- $41,880
- Net assets, end of year
- $9,744,330
- Land, buildings and equipment
- $2,831,141
- Publicly traded securities
- $6,674,768
- Net assets without donor restrictions
- $9,739,882
- Net assets with donor restrictions
- $4,448
- Gross receipts
- $1,442,347
- Employees
- 5
- Volunteers
- 9
- Year formed
- 1884
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSICA OGILVIE | GOVERNOR Trustee or director | 1 | $0 |
| NATHANIEL CARTMELL | GOVERNOR Trustee or director, Officer | 5 | $0 |
| JOHN SCHMIDT | GOVERNOR Trustee or director | 1 | $0 |
| BARRY SVIGALS | GOVERNOR Trustee or director | 1 | $0 |
| KAMEKA DEMPSEY | GOVERNOR Trustee or director | 1 | $0 |
| JOHN R ETTINGER | GOVERNOR Trustee or director | 1 | $0 |
| PETER MARSHALL | GOVERNOR Trustee or director | 1 | $0 |
| STEVE ABRAMOWITZ | GOVERNOR Trustee or director | 1 | $0 |
| ELIZABETH FAST | GOVERNOR Trustee or director | 1 | $0 |
| HALLIE HOBSON | GOVERNOR Trustee or director | 1 | $0 |
| MARGARET MORRIS | GOVERNOR Trustee or director | 1 | $0 |
| CASH WARREN | GOVERNOR Trustee or director | 1 | $0 |
| ISAAC WASSERMAN | GOVERNOR Trustee or director | 1 | $0 |
| CHRISTINA HELBURN | SECRETARY/GOVERNOR Trustee or director, Officer | 3 | $0 |
| BRADFORD WILLIAMS | GOVERNOR Trustee or director | 1 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN T ETTINGER | TREASURER/GOVERNOR Trustee or director, Officer | 1 | $0 |
| STEVE SHERRILL | GOVERNOR Trustee or director | 1 | $0 |
| RICHARD ROBERTS | PRESIDENT/GOVERNOR Trustee or director, Officer | 5 | $0 |
| PAMELA JENNINGS | GOVERNOR Trustee or director | 1 | $0 |
| CHRIS SKARDON | GOVERNOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSICA OGILVIE | GOVERNOR Trustee or director | 1 | $0 |
| NATHANIEL CARTMELL | CO-PRESIDENT/GOVERNOR Trustee or director, Officer | 5 | $0 |
| JOHN SCHMIDT | GOVERNOR Trustee or director | 1 | $0 |
| BARRY SVIGALS | GOVERNOR Trustee or director | 1 | $0 |
| KAMEKA DEMPSEY | GOVERNOR Trustee or director | 1 | $0 |
| JOHN R ETTINGER | GOVERNOR Trustee or director | 1 | $0 |
| PETER MARSHALL | GOVERNOR Trustee or director | 1 | $0 |
| STEVE ABRAMOWITZ | GOVERNOR Trustee or director | 1 | $0 |
| ELIZABETH FAST | GOVERNOR Trustee or director | 1 | $0 |
| HALLIE HOBSON | GOVERNOR Trustee or director | 1 | $0 |
| MARGARET MORRIS | GOVERNOR Trustee or director | 1 | $0 |
| CASH WARREN | GOVERNOR Trustee or director | 1 | $0 |
| ISAAC WASSERMAN | GOVERNOR Trustee or director | 1 | $0 |
| CHRISTINA HELBURN | SECRETARY/GOVERNOR Trustee or director, Officer | 3 | $0 |
| BRADFORD WILLIAMS | GOVERNOR Trustee or director | 1 | $0 |
| JOHN T ETTINGER | TREASURER/GOVERNOR Trustee or director, Officer | 1 | $0 |
| STEVE SHERRILL | GOVERNOR Trustee or director | 1 | $0 |
| RICHARD ROBERTS | CO-PRESIDENT/GOVERNOR Trustee or director, Officer | 5 | $0 |
| PAMELA JENNINGS | GOVERNOR Trustee or director | 1 | $0 |
| CHRIS SKARDON | GOVERNOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSICA OGILVIE | GOVERNOR Trustee or director | 1 | $0 |
| NATHANIEL CARTMELL | CO-PRESIDENT/GOVERNOR Trustee or director, Officer | 5 | $0 |
| JOHN BARKER | (FORMER) GOVERNOR Trustee or director | 0 | $0 |
| HUNTER REISNER | (FORMER) GOVERNOR Trustee or director | 0 | $0 |
| JOHN SCHMIDT | GOVERNOR Trustee or director | 1 | $0 |
| BARRY SVIGALS | GOVERNOR Trustee or director | 1 | $0 |
| HOPE WEISSLER | (FORMER) GOVERNOR Trustee or director | 0 | $0 |
| KAMEKA DEMPSEY | GOVERNOR Trustee or director | 1 | $0 |
| JOHN R ETTINGER | GOVERNOR Trustee or director | 1 | $0 |
| PETER MARSHALL | VICE PRES/GOVERNOR Trustee or director, Officer | 3 | $0 |
| HILLA MELLER | (FORMER) GOVERNOR Trustee or director | 0 | $0 |
| STEVE ABRAMOWITZ | GOVERNOR Trustee or director | 1 | $0 |
| CHARLIE BANTA | (FORMER) GOVERNOR Trustee or director | 0 | $0 |
| ELIZABETH FAST | GOVERNOR Trustee or director | 1 | $0 |
| HALLIE HOBSON | GOVERNOR Trustee or director | 1 | $0 |
| TOM MCCANCE | (FORMER) GOVERNOR Trustee or director | 0 | $0 |
| MARGARET MORRIS | GOVERNOR Trustee or director | 1 | $0 |
| CASH WARREN | GOVERNOR Trustee or director | 1 | $0 |
| ISAAC WASSERMAN | GOVERNOR Trustee or director | 1 | $0 |
| CHRISTINA HELBURN | SECRETARY/GOVERNOR Trustee or director, Officer | 3 | $0 |
| BRADFORD WILLIAMS | GOVERNOR Trustee or director | 1 | $0 |
| JOHN T ETTINGER | TREASURER/GOVERNOR Trustee or director, Officer | 1 | $0 |
| STEVE SHERRILL | GOVERNOR Trustee or director | 1 | $0 |
| RICHARD ROBERTS | CO-PRESIDENT/GOVERNOR Trustee or director, Officer | 5 | $0 |
| DAVID GOOD | (FORMER) SECRETARY Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 202047, NEW HAVEN, CT 06520-2047
- In care of
- % JOHN J SCHMITZ CPA
- Principal officer (990 for 2024)
- RICHARD ROBERTS, PO BOX 202047, NEW HAVEN, CT 065202047
- Signed the 990
- NATHANIEL M CARTMELL III, CO-PRESIDENT
- Phone
- (203) 624-1013
- Return prepared by
- SM ESPOSITO & CO PC
Mission
TO SUPPORT THE EDUCATIONAL, SOCIAL AND PROFESSIONAL DEVELOPMENT OF ITS MEMBERS THROUGH ASSOCIATION ACTIVITIES.
Program accomplishments
- MOST OF THE ASSOCIATIONS EXPENSES ARE FOR THE MAINTAINANCE & OPERATION OF A BUILDING USED BY THE UNDERGRADUATE MEMBERS AT YALE UNIVERSITY TO FURTHER THE EDUCATIONAL, SOCIAL AND PROFESSIONAL DEVELOPMENT OF ITS MEMBERS.Expenses $437,442
- THE ASSOCIATION PROVIDES GRANTS AND SCHOLARSHIPS TO YALE STUDENTS.Expenses $4,135 · grants $4,135
- THE ASSOCIATION PROVIDES SUPPORT TO VARIOUS COMMUNITY BASED ORGANIZATIONS.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 06-6069051
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1938
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $9,786,210
- Income (IRS master file)
- $1,442,347
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $478,684 | $628,592 | $9,786,210 | IRS |
| 990 | June 2024 | $284,779 | $500,440 | $9,501,303 | IRS |
| 990 | June 2023 | $136,534 | $507,382 | $9,281,458 | XML |
| 990 | June 2022 | $541,566 | $457,842 | $9,024,598 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 06-6069051).
Questions about PHELPS ASSOCIATION
- What is the EIN of PHELPS ASSOCIATION?
- The employer identification number (EIN) of PHELPS ASSOCIATION is 06-6069051.
- Is PHELPS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1938.
- Are donations to PHELPS ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHELPS ASSOCIATION 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 PHELPS ASSOCIATION 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 PHELPS ASSOCIATION 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 PHELPS ASSOCIATION?
- The 990 for the year ended June 30, 2025 names RICHARD ROBERTS.
- Who are the officers and directors of PHELPS ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
- How much revenue does PHELPS ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $478,684, expenses of $628,592 and total assets of $9,786,210 at year end.
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