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Nonprofit · EIN 20-5838578

VERA AND JOSEPH DRESNER FOUNDATIONINC

Tax-exempt · DETROIT, MI 48210

Financials

$5.8M$8.5M2023$5.1M$9.4M2024$8.4M$7.9M2025
Revenue Expenses · by fiscal year end
Financials of VERA AND JOSEPH DRESNER FOUNDATIONINC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$8,426,004$7,937,009$488,995$160,397,590$0$160,397,590
December 31, 2024990-PF$5,089,612$9,386,395-$4,296,783$155,239,462$0$155,239,462
December 31, 2023990-PF$5,823,403$8,495,641-$2,672,238$148,378,898$469$148,378,429
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$3,579,847
Interest
$254,520
Net gain from sales of assets
$2,615,116
Other income
$1,976,521

Expenses

Grants and similar amounts paid
$3,853,924
Compensation of officers, directors and key employees
$1,690,500
Salaries, compensation and benefits (total)
$517,444
Disbursements for charitable purposes
$6,177,192
Excise tax on investment income
$96,577

Balance sheet and other

Total assets, start of year
$155,239,462
Total assets, end of year
$160,397,590
Total liabilities, end of year
$0
Net assets, end of year
$160,397,590
Fair market value of assets
$160,397,590
Qualifying distributions
$6,446,589
Net investment income
$8,363,406

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LORI DRESNER
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/PRE40$421,000$70,000
KEVIN FURLONG
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/CFO40$385,000$70,000
VIRGINIA ROMANO
7066 MCGRAW, DETROIT, MI 48210
CEO40$310,750$70,000
GARY WEISMAN
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/VP15$293,750$0
MARK S COHN
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/SEC15$280,000$70,000
DAVID WILLIAMS
7066 MCGRAW, DETROIT, MI 48210
PRINCIPAL RE
Highest-paid employee
40$238,042$85,181
SHAWN SCOTT
7066 MCGRAW, DETROIT, MI 48210
FACILITIES M
Highest-paid employee
40$107,650$31,815
SONJA KROLIK
7066 MCGRAW, DETROIT, MI 48210
EXECUTIVE AS
Highest-paid employee
40$61,875$15,469
ERIC HILL
7066 MCGRAW, DETROIT, MI 48210
ACCOUNTANT
Highest-paid employee
40$54,667$13,667
990-PF for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
LORI DRESNER
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/PRE40$421,000$68,049
KEVIN FURLONG
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/CFO40$372,000$69,000
VIRGINIA ROMANO
7066 MCGRAW, DETROIT, MI 48210
CEO40$291,750$69,000
DAVID WILLIAMS
7066 MCGRAW, DETROIT, MI 48210
PRINCIPAL RE
Highest-paid employee
40$223,500$78,144
GARY WEISMAN
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/VP15$215,000$0
MARK S COHN
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/SEC15$132,000$33,000
SHAWN SCOTT
7066 MCGRAW, DETROIT, MI 48210
FACILITIES M
Highest-paid employee
40$100,150$29,381
ERIN MARIE MCDONALD
7066 MCGRAW, DETROIT, MI 48210
GRANT/PROGRA
Highest-paid employee
40$91,500$24,838
SONJA KROLIK
7066 MCGRAW, DETROIT, MI 48210
EXECUTIVE AS
Highest-paid employee
40$61,000$15,250
990-PF for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
LORI DRESNER
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/PRE40$389,272$76,971
KEVIN FURLONG
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/CFO40$308,750$85,198
VIRGINIA ROMANO
7066 MCGRAW, DETROIT, MI 48210
CEO40$270,000$72,385
DAVID WILLIAMS
7066 MCGRAW, DETROIT, MI 48210
PRINCIPAL RE
Highest-paid employee
40$216,250$73,975
GARY WEISMAN
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/VP15$206,000$0
MARK S COHN
7066 MCGRAW, DETROIT, MI 48210
DIRECTOR/SEC15$124,800$31,200
SHAWN SCOTT
7066 MCGRAW, DETROIT, MI 48210
FACILITIES M
Highest-paid employee
40$94,150$27,534
ERIN MARIE MCDONALD
7066 MCGRAW, DETROIT, MI 48210
GRANT/PROGRA
Highest-paid employee
40$83,250$24,861
SONJA KROLIK
7066 MCGRAW, DETROIT, MI 48210
EXECUTIVE AS
Highest-paid employee
40$54,000$13,500

Address and contacts

Address (IRS master file)
7066 MCGRAW ST, DETROIT, MI 48210-1937
Signed the 990-PF
KEVIN FURLONG, DIRECTOR/CFO/TREAS
Phone
(313) 285-8618
Return prepared by
LBF GROUP 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-5838578
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
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$160,397,590
Income (IRS master file)
$20,478,911

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$8,426,004$7,937,009$160,397,590XML
990-TDecember 2025–––IRS
990-PFDecember 2024$5,089,612$9,386,395$155,239,462XML
990-TDecember 2024–––IRS
990-PFDecember 2023$5,823,403$8,495,641$148,378,898XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 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 20-5838578).

Questions about VERA AND JOSEPH DRESNER FOUNDATIONINC

What is the EIN of VERA AND JOSEPH DRESNER FOUNDATIONINC?
The employer identification number (EIN) of VERA AND JOSEPH DRESNER FOUNDATIONINC is 20-5838578.
Is VERA AND JOSEPH DRESNER FOUNDATIONINC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to VERA AND JOSEPH DRESNER FOUNDATIONINC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does VERA AND JOSEPH DRESNER FOUNDATIONINC file?
Form 990-PF. Private foundations file every year.
When is the next return of VERA AND JOSEPH DRESNER FOUNDATIONINC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VERA AND JOSEPH DRESNER FOUNDATIONINC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of VERA AND JOSEPH DRESNER FOUNDATIONINC?
The 990-PF for the year ended December 31, 2025 lists 9 people; 9 received compensation from the organization, the highest $421,000 (LORI DRESNER, DIRECTOR/PRE).
How much revenue does VERA AND JOSEPH DRESNER FOUNDATIONINC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $8,426,004, expenses of $7,937,009 and total assets of $160,397,590 at year end.

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