Nonprofit · EIN 22-2525001
STROSER FOUNDATION INC
Tax-exempt · ATLANTIC CITY, NJ 08404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $35,153 | $53,202 | -$18,049 | $622,355 | $0 | $622,355 |
| December 31, 2024 | 990-PF | $41,266 | $47,114 | -$5,848 | $583,992 | $0 | $583,992 |
| December 31, 2023 | 990-PF | -$40,051 | $48,282 | -$88,333 | $533,309 | $0 | $533,309 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $11,267
- Interest
- $107
- Net gain from sales of assets
- $23,779
Expenses
- Grants and similar amounts paid
- $38,500
- Compensation of officers, directors and key employees
- $4,000
- Disbursements for charitable purposes
- $39,834
- Excise tax on investment income
- $485
Balance sheet and other
- Total assets, start of year
- $583,992
- Total assets, end of year
- $622,355
- Total liabilities, end of year
- $0
- Net assets, end of year
- $622,355
- Fair market value of assets
- $622,355
- Qualifying distributions
- $39,834
- Net investment income
- $35,153
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD LAX 2314 ARTIC AVE, ATLANTIC CITY, NJ 08401 | V. PRES/TRST | 2 | $2,000 |
| JOSEPH F GREENIDGE JR 312 N DELAWARE AVE, ATLANTIC CITY, NJ 08401 | SEC/MGR/TRUSTEE | 2 | $2,000 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD LAX 2314 ARTIC AVE, ATLANTIC CITY, NJ 08401 | V. PRES/TRST | 2 | $2,000 |
| JOSEPH F GREENIDGE JR 312 N DELAWARE AVE, ATLANTIC CITY, NJ 08401 | SEC/MGR/TRUSTEE | 2 | $2,000 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD LAX 2314 ARTIC AVE, ATLANTIC CITY, NJ 08401 | V. PRES/TRST | 2 | $2,000 |
| JOSEPH F GREENIDGE JR 312 N DELAWARE AVE, ATLANTIC CITY, NJ 08401 | SEC/MGR/TRUSTEE | 2 | $2,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 898, ATLANTIC CITY, NJ 08404-0898
- Signed the 990-PF
- EDWARD LAX, VICE PRESEDENT
- Phone
- (609) 823-4621
- Return prepared by
- Capaldi Reynolds & Pelosi PA
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 | 990-PF 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
- 22-2525001
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $622,355
- Income (IRS master file)
- $228,442
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $35,153 | $53,202 | $622,355 | IRS |
| 990-PF | December 2024 | $41,266 | $47,114 | $583,992 | IRS |
| 990-PF | December 2023 | -$40,051 | $48,282 | $533,309 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 22-2525001).
Questions about STROSER FOUNDATION INC
- What is the EIN of STROSER FOUNDATION INC?
- The employer identification number (EIN) of STROSER FOUNDATION INC is 22-2525001.
- Is STROSER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to STROSER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does STROSER FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of STROSER FOUNDATION INC 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 STROSER FOUNDATION INC 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 STROSER FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $2,000 (EDWARD LAX, V. PRES/TRST).
- How much revenue does STROSER FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $35,153, expenses of $53,202 and total assets of $622,355 at year end.
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