Nonprofit · EIN 22-2199368
RAYMOND & GERTRUDE R SALTZMAN FOUNDATION
Tax-exempt · CHERRY HILL, NJ 08003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,473,249 | $3,974,772 | $2,498,477 | $113,709,545 | $1,246,102 | $112,463,443 |
| December 31, 2023 | 990 | $2,782,986 | $4,629,318 | -$1,846,332 | $106,235,039 | $1,807,896 | $104,427,143 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $6,473,249
- Net gain from sales of assets
- $3,244,456
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,464,858
- Compensation of officers, directors and key employees
- $155,000
- Other salaries and wages
- $50,620
- Salaries, compensation and benefits (total)
- $226,802
- Professional fundraising fees
- $0
- Occupancy
- $21,384
- Travel
- $7,093
- Program services (functional)
- $3,701,751
- Management and general (functional)
- $273,021
Balance sheet and other
- Total assets, start of year
- $106,235,039
- Total assets, end of year
- $113,709,545
- Total liabilities, end of year
- $1,246,102
- Net assets, end of year
- $112,463,443
- Publicly traded securities
- $113,283,582
- Net assets without donor restrictions
- $112,463,443
- Gross receipts
- $9,836,050
- Employees
- 3
- Volunteers
- 11
- Year formed
- 1978
- State of legal domicile
- NJ
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VICKI ZELL | SECRETARY AND EXEC. DIR. Officer | 27 | $155,000 | $4,428 |
| ARTHUR ABRAMOWITZ | PRESIDENT Trustee or director, Officer | 7 | $0 | $0 |
| HARVEY SHAPIRO | TREASURER Trustee or director, Officer | 7 | $0 | $0 |
| JEFF GOTTLIEB | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDI LEVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BETTY ADLER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| GLENN FUHRMAN | TRUSTEE Trustee or director | 7 | $0 | $0 |
| DAVID BUTLER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RICHARD GOLDSTEIN | VICE PRESIDENT Officer | 2 | $0 | $0 |
| ROBERT SCHWARTZ | VICE PRESIDENT Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VICKI ZELL | SECRETARY AND EXEC. DIR. Officer | 27 | $140,000 | $4,428 |
| ARTHUR ABRAMOWITZ | PRESIDENT Trustee or director, Officer | 7 | $0 | $0 |
| HARVEY SHAPIRO | TREASURER Trustee or director, Officer | 7 | $0 | $0 |
| JEFF GOTTLIEB | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDI LEVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BETTY ADLER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| GLENN FUHRMAN | TRUSTEE Trustee or director | 7 | $0 | $0 |
| DAVID BUTLER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RICHARD GOLDSTEIN | VICE PRESIDENT Officer | 2 | $0 | $0 |
| ROBERT SCHWARTZ | VICE PRESIDENT Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1930 MARLTON PIKE E STE N71, CHERRY HILL, NJ 08003-4203
- Principal officer (990 for 2024)
- ARTHUR ABRAMOWITZ, 1930 EAST MARLTON PIKE N71, CHERRY HILL, NJ 08003
- Signed the 990
- HARVEY SHAPIRO, TREASURER
- Phone
- (856) 424-6226
- Return prepared by
- BOWMAN & COMPANY LLP
Mission
THE RAYMOND & GERTRUDE R. SALTZMAN FOUNDATION (THE "FOUNDATION") IS A SUPPORTING ORGANIZATION OF THE JEWISH FEDERATION OF SOUTHERN NEW JERSEY. IT IS ESTABLISHED TO HELP QUALIFYING RECIPIENTS THROUGH GRANTS IN ACCORDANCE WITH THE WISHES OF RUTH SALTZMAN, WHILE PRESERVING AND IDEALLY GROWING THE FOUNDATION'S ASSETS SO THAT FUTURE GENERATIONS CAN CONTINUE TO BENEFIT FROM MRS. SALTZMAN'S GENEROSITY, IN PERPETUITY. THE FOUNDATION ENCOURAGES MEMBERS OF THE COMMUNITY TO CREATE SIMILAR FOUNDATIONS IN SUPPORT OF THE FEDERATION'S MISSION.
Program accomplishments
- THE FOUNDATION HAS BEEN ESTABLISHED FOR CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES AS A SUPPORTING ORGANIZATION TO THE JEWISH FEDERATION OF SOUTHERN NEW JERSEYExpenses $3,701,751 · grants $3,464,858
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2199368
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T900)
- Assets (IRS master file)
- $113,709,545
- Income (IRS master file)
- $9,836,050
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,473,249 | $3,974,772 | $113,709,545 | XML |
| 990 | December 2023 | $2,782,986 | $4,629,318 | $106,235,039 | XML |
| 990 | December 2022 | $3,580,029 | $3,310,831 | $95,963,009 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 22-2199368).
Questions about RAYMOND & GERTRUDE R SALTZMAN FOUNDATION
- What is the EIN of RAYMOND & GERTRUDE R SALTZMAN FOUNDATION?
- The employer identification number (EIN) of RAYMOND & GERTRUDE R SALTZMAN FOUNDATION is 22-2199368.
- Is RAYMOND & GERTRUDE R SALTZMAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to RAYMOND & GERTRUDE R SALTZMAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does RAYMOND & GERTRUDE R SALTZMAN FOUNDATION 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 RAYMOND & GERTRUDE R SALTZMAN FOUNDATION 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 RAYMOND & GERTRUDE R SALTZMAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RAYMOND & GERTRUDE R SALTZMAN FOUNDATION?
- The 990 for the year ended December 31, 2024 names ARTHUR ABRAMOWITZ.
- Who are the officers and directors of RAYMOND & GERTRUDE R SALTZMAN FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $155,000 (VICKI ZELL, SECRETARY AND EXEC. DIR.).
- How much revenue does RAYMOND & GERTRUDE R SALTZMAN FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,473,249, expenses of $3,974,772 and total assets of $113,709,545 at year end.
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