Nonprofit · EIN 22-2648036
MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC
Tax-exempt · WEST HARTFORD, CT 06107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $3,301,819 | $3,059,094 | $242,725 | $45,812,350 | $70,075 | $45,742,275 |
| June 30, 2024 | 990-PF | $2,787,339 | $2,911,668 | -$124,329 | $45,569,625 | $70,075 | $45,499,550 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $1,994,617
- Interest
- $31,802
- Net gain from sales of assets
- $1,275,400
Expenses
- Grants and similar amounts paid
- $2,052,090
- Compensation of officers, directors and key employees
- $430,430
- Salaries, compensation and benefits (total)
- $69,740
- Disbursements for charitable purposes
- $2,344,804
- Excise tax on investment income
- $37,115
Balance sheet and other
- Total assets, start of year
- $45,569,625
- Total assets, end of year
- $45,812,350
- Total liabilities, end of year
- $70,075
- Net assets, end of year
- $45,742,275
- Fair market value of assets
- $51,143,051
- Qualifying distributions
- $2,344,804
- Net investment income
- $3,301,819
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARION L BARRAK 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | PRESIDENT/DIRECTOR | 40 | $150,480 | $22,572 |
| MICHAEL B CHAHO 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | TREASURER/CFO | 40 | $134,420 | $20,163 |
| SAMI BARRAK 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | VICE PRESIDENT/SECRETARY | 40 | $112,530 | $16,880 |
| ROBERT M JERESATY MD 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | DIRECTOR (RESIGNED 2/25/25) | 2 | $11,000 | $0 |
| MARIE GUSTIN PHD 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | DIRECTOR | 2 | $11,000 | $0 |
| ANN MARIE FAULISO 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | DIRECTOR | 2 | $11,000 | $0 |
| JOSEPH R JERESATY 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | DIRECTOR (APPOINTED 3/1/25) | 2 | $0 | $0 |
990-PF for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARION L BARRAK 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | PRESIDENT/DIRECTOR | 40 | $150,480 | $22,572 |
| MICHAEL B CHAHO 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | TREASURER/CFO | 40 | $134,420 | $20,163 |
| SAMI BARRAK 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | VICE PRESIDENT/SECRETARY | 40 | $112,530 | $16,880 |
| ROBERT M JERESATY MD 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | DIRECTOR | 2 | $11,000 | $0 |
| MARIE GUSTIN PHD 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | DIRECTOR | 2 | $11,000 | $0 |
| ANN MARIE FAULISO 970 FARMINGTON AVENUE 203, WEST HARTFORD, CT 06107 | DIRECTOR | 2 | $11,000 | $0 |
Address and contacts
- Address (IRS master file)
- 970 FARMINGTON AVE STE 203, WEST HARTFORD, CT 06107-2134
- Signed the 990-PF
- MARION L BARRAK, PRESIDENT
- Phone
- (860) 521-2949
- Return prepared by
- CBIZ ADVISORS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 22-2648036
- 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
- 1986
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $45,812,350
- Income (IRS master file)
- $4,377,914
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $3,301,819 | $3,059,094 | $45,812,350 | XML |
| 990-PF | June 2024 | $2,787,339 | $2,911,668 | $45,569,625 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | 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 22-2648036).
Questions about MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC
- What is the EIN of MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC?
- The employer identification number (EIN) of MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC is 22-2648036.
- Is MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 7 people; 6 received compensation from the organization, the highest $150,480 (MARION L BARRAK, PRESIDENT/DIRECTOR).
- How much revenue does MAXIMILIAN E & MARION O HOFFMAN FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $3,301,819, expenses of $3,059,094 and total assets of $45,812,350 at year end.
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