Nonprofit · EIN 13-6259577
JOSEPH & SOPHIA ABELES FOUNDATION INC
Tax-exempt · PURCHASE, NY 10577
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,974,893 | $1,893,335 | $2,081,558 | $12,570,411 | $0 | $12,570,411 |
| December 31, 2023 | 990-PF | $2,744,170 | $1,558,696 | $1,185,474 | $10,452,536 | $0 | $10,452,536 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $795,047
- Interest
- $1,481
- Net gain from sales of assets
- $3,178,365
Expenses
- Grants and similar amounts paid
- $1,462,000
- Compensation of officers, directors and key employees
- $194,388
- Disbursements for charitable purposes
- $1,560,995
- Excise tax on investment income
- $50,631
Balance sheet and other
- Total assets, start of year
- $10,452,536
- Total assets, end of year
- $12,570,411
- Total liabilities, end of year
- $0
- Net assets, end of year
- $12,570,411
- Fair market value of assets
- $41,499,264
- Qualifying distributions
- $1,560,995
- Net investment income
- $3,974,893
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LUCILLE WERLINICH 18 PONDS LANE, PURCHASE, NY 10577 | PRESIDENT | 5 | $134,397 |
| BARBARA ABELES 1055 BEDFORD ROAD, PLEASANTVILLE, NY 10570 | VICE PRESIDENT | 0.13 | $59,991 |
| GREG WERLINICH 746 RIVERBANK ROAD, STAMFORD, CT 06903 | TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LUCILLE WERLINICH 18 PONDS LANE, PURCHASE, NY 10577 | PRESIDENT | 5 | $104,981 |
| BARBARA ABELES 1055 BEDFORD ROAD, PLEASANTVILLE, NY 10570 | VICE PRESIDENT | 0.13 | $44,992 |
| GREG WERLINICH 746 RIVERBANK ROAD, STAMFORD, CT 06903 | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 18 PONDS LN, PURCHASE, NY 10577-1712
- Signed the 990-PF
- LUCILLE WERLINICH, PRESIDENT
- Phone
- (914) 946-3096
- Return prepared by
- A UZZO & COMPANY CPA'S PC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 13-6259577
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1962
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $12,570,411
- Income (IRS master file)
- $4,764,923
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,974,893 | $1,893,335 | $12,570,411 | XML |
| 990-PF | December 2023 | $2,744,170 | $1,558,696 | $10,452,536 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 13-6259577).
Questions about JOSEPH & SOPHIA ABELES FOUNDATION INC
- What is the EIN of JOSEPH & SOPHIA ABELES FOUNDATION INC?
- The employer identification number (EIN) of JOSEPH & SOPHIA ABELES FOUNDATION INC is 13-6259577.
- Is JOSEPH & SOPHIA ABELES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
- Are donations to JOSEPH & SOPHIA ABELES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JOSEPH & SOPHIA ABELES FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JOSEPH & SOPHIA ABELES 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 JOSEPH & SOPHIA ABELES 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 JOSEPH & SOPHIA ABELES FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 2 received compensation from the organization, the highest $134,397 (LUCILLE WERLINICH, PRESIDENT).
- How much revenue does JOSEPH & SOPHIA ABELES FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,974,893, expenses of $1,893,335 and total assets of $12,570,411 at year end.
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