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Nonprofit · EIN 22-2303768

ABRAHAM SOLOMON SCHOLARSHIP FUND INC

Tax-exempt (reinstated) · PARAMUS, NJ 07652

Financials

$13K$7K2023$5K$9K2024
Revenue Expenses · by fiscal year end
Financials of ABRAHAM SOLOMON SCHOLARSHIP FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$4,760$8,696-$3,936$65,581$0$65,581
December 31, 2023990-EZ$12,552$6,696$5,856$66,513$0$66,513
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Investment income
$4,758
Other revenue
$2

Expenses

Grants and similar amounts paid
$8,000
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$650
Other expenses
$46
Program services (functional)
$8,000

Balance sheet and other

Total assets, start of year
$66,513
Total assets, end of year
$65,581
Total liabilities, end of year
$0
Net assets, end of year
$65,581
Cash, savings and investments
$162
Gross receipts
$4,760

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL SCHNEIDERTRUSTEE1$0
JAMES HALLORANVICE CHAIRMAN1$0
MAURO CAMPOREALETRUSTEE1$0
CHARLES MATTSONTRUSTEE1$0
JEFF PECKTRUSTEE1$0
ANDREW MATTSONCHAIRMAN1$0
BESTY BALLTRUSTEE1$0
WILLIAM OBRIENTRUSTEE1$0
JOE RODRIQUEZTRUSTEE1$0
IRA STERNTRUSTEE1$0
990-EZ for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
MICHAEL SCHNEIDERTRUSTEE1$0
JAMES HALLORANVICE CHAIR1$0
MAURO CAMPOREALETRUSTEE1$0
CHARLES MATTSONTRUSTEE1$0
JEFF PECKTRUSTEE1$0
ANDREW MATTSONCHAIR1$0
JOYCE PARISITRUSTEE1$0
WILLIAM OBRIENTRUSTEE1$0
EDWARD SHIRLINGTRUSTEE1$0
JOE RODRIQUEZTRUSTEE1$0
IRA STERNTRUSTEE1$0

Address and contacts

Address (IRS master file)
205 ROBIN RD STE 206, PARAMUS, NJ 07652-1415
In care of
% CHARLES MATTSON UNITED LABOR AGY
Signed the 990-EZ
MICHAEL SCHNEIDER, PRESIDENT
Phone
(201) 967-5953
Return prepared by
STEVEN T CIRILLO CPA LLC

Mission

TO PROVIDE SCHOLARSHIPS TO QUALIFIED STUDENTS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • SCHOLARSHIPS PAID TO EIGHTRECIPIENTS
    Expenses $8,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
22-2303768
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
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$65,581
Income (IRS master file)
$4,760

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
June 9, 2011
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$4,760$8,696$65,581XML
990-EZDecember 2023$12,552$6,696$66,513XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 22-2303768).

Questions about ABRAHAM SOLOMON SCHOLARSHIP FUND INC

What is the EIN of ABRAHAM SOLOMON SCHOLARSHIP FUND INC?
The employer identification number (EIN) of ABRAHAM SOLOMON SCHOLARSHIP FUND INC is 22-2303768.
Is ABRAHAM SOLOMON SCHOLARSHIP FUND INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to ABRAHAM SOLOMON SCHOLARSHIP FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ABRAHAM SOLOMON SCHOLARSHIP FUND INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ABRAHAM SOLOMON SCHOLARSHIP FUND 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 ABRAHAM SOLOMON SCHOLARSHIP FUND INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of ABRAHAM SOLOMON SCHOLARSHIP FUND INC?
The 990-EZ for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does ABRAHAM SOLOMON SCHOLARSHIP FUND INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $4,760, expenses of $8,696 and total assets of $65,581 at year end.

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