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Nonprofit · EIN 22-2319181

OTSAR CORP

Tax-exempt · ONEONTA, NY 13820

Financials

$168K$183K2024
Revenue Expenses · by fiscal year end
Financials of OTSAR CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$167,592$182,954-$15,362$1,708,625$874,705$833,920
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$167,592
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$4,525
Depreciation
$155,997
Program services (functional)
$182,954

Balance sheet and other

Total assets, start of year
$1,861,050
Total assets, end of year
$1,708,625
Total liabilities, end of year
$874,705
Net assets, end of year
$833,920
Land, buildings and equipment
$1,064,855
Net assets without donor restrictions
$833,920
Gross receipts
$167,592
Employees
0
Volunteers
4
Year formed
1979
State of legal domicile
NY

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SARA HANLONEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0$120,870$32,521
PETREA DELBERTACFO
Officer
1$0$118,088$30,373
PETER LILJAPRESIDENT
Trustee or director, Officer
1$0$0$0
LAURA BLISS LAMBSECRETARY
Trustee or director, Officer
1$0$0$0
WALTER HOGANVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
JOSEPH BRILLMEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 490, ONEONTA, NY 13820-0490
Principal officer (990 for 2024)
JOANN SARA HANLON, 35 ACADEMY ST PO BOX 490, ONEONTA, NY 138200490
Signed the 990
JOANN SARA HANLON, CEO
Phone
(607) 432-8595
Return prepared by
BONADIO & CO LLP

Mission

OTSAR SERVES DEVELOPMENTALLY DISABLED PERSONS BY PROVIDING FACILITIES TO NYSARC, INC. OTSEGO COUNTY CHAPTER, A RELATED EXEMPT ORGANIZATION.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDES RESIDENCES FOR NYSARC, INC. OTSEGO COUNTY CHAPTER.
    Expenses $182,954 · revenue $167,592

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2319181
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
1981
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P82I)
Assets (IRS master file)
$1,708,625
Income (IRS master file)
$167,592

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$197,319$155,802$1,861,050IRS
990December 2022$216,095$133,033$1,562,681IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about OTSAR CORP

What is the EIN of OTSAR CORP?
The employer identification number (EIN) of OTSAR CORP is 22-2319181.
Is OTSAR CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to OTSAR CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OTSAR CORP 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 OTSAR CORP 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 OTSAR CORP 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 OTSAR CORP?
The 990 for the year ended December 31, 2024 names JOANN SARA HANLON.
Who are the officers and directors of OTSAR CORP?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does OTSAR CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $167,592, expenses of $182,954 and total assets of $1,708,625 at year end.

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