Nonprofit · EIN 22-2677311
AMIB ENDOWMENT FUND INC
Tax-exempt · BRICK, NJ 08723
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $549,762 | $213,185 | $336,577 | $8,305,382 | $207,083 | $8,098,299 |
| December 31, 2023 | 990 | $380,776 | $203,679 | $177,097 | $7,374,931 | $201,645 | $7,173,286 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $42,377
- Program service revenue
- $0
- Investment income
- $507,385
- Net gain from sales of assets
- $296,463
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $16,175
- Program services (functional)
- $181,950
- Management and general (functional)
- $31,235
Balance sheet and other
- Total assets, start of year
- $7,374,931
- Total assets, end of year
- $8,305,382
- Total liabilities, end of year
- $207,083
- Net assets, end of year
- $8,098,299
- Publicly traded securities
- $8,203,580
- Net assets without donor restrictions
- $8,015,547
- Net assets with donor restrictions
- $82,752
- Gross receipts
- $777,651
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1985
- 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 |
|---|---|---|---|
| JERRY J PEREZ CPA | PRESIDENT Officer | 2 | $0 |
| MELISSA A TERRANOVA ESQ | SECRETARY Officer | 1 | $0 |
| EDWARD M GILLESPIE | TREASURER Officer | 2 | $0 |
| MICHAEL K CARSON | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT PEARSON | TRUSTEE Trustee or director | 1 | $0 |
| BEVERLEY PARRY | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRY J PEREZ CPA | PRESIDENT Officer | 2 | $0 |
| MELISSA A TERRANOVA ESQ | SECRETARY Officer | 1 | $0 |
| EDWARD M GILLESPIE | TREASURER Officer | 2 | $0 |
| KENNETH J CARSON JR | TRUSTEE Trustee or director | 1 | $0 |
| MICHAEL K CARSON | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT PEARSON | TRUSTEE Trustee or director | 1 | $0 |
| BEVERLEY PARRY | TRUSTEE Trustee or director | 1 | $0 |
| CHARLES PAOLINO | FORMER SECRE Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 35 BEAVERSON BLVD BLDG 13, BRICK, NJ 08723-7812
- Principal officer (990 for 2024)
- JERRY J PEREZ CPA, 617 UNION AVE BLDG 3 STE 10, BRIELLE, NJ 08730
- Signed the 990
- JERRY J PEREZ CPA, PRESIDENT
- Phone
- (732) 458-3422
- Return prepared by
- MAX BUSSEL & COMPANY CPA'S
Mission
TO PROVIDE FINANCIAL RESOURCES TO ORGANIZATION PROVIDING GROUP HOME SUPPORT FOR INDIVIDUALS HAVING A VISUAL IMPAIRMENT AND DEVELOPMENTAL DISABILITY. AMIB INC. OPERATES 18 GROUP HOMES SERVING 82 INDIVIDUALS, DAY SERVICE PROGRAMMING TO 10 INDIVIDUALS, AND REPRESENTATIVE PAYEE FINANCIAL SERVICES TO RESIDENTS.
Program accomplishments
- TO PROVIDE FINANCIAL RESOURCES TO ORGANIZATION PROVIDING GROUP HOME SUPPORT FOR THE MULTIPLE IMPAIRED BLIND. A TOTAL OF 82 PEOPLE WERE BENEFITTED.Expenses $181,950
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
- 22-2677311
- 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
- 1957
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $8,305,382
- Income (IRS master file)
- $777,651
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $549,762 | $213,185 | $8,305,382 | XML |
| 990 | December 2023 | $380,776 | $203,679 | $7,374,931 | XML |
| 990 | December 2022 | $298,876 | $202,688 | $6,728,663 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 22-2677311).
Questions about AMIB ENDOWMENT FUND INC
- What is the EIN of AMIB ENDOWMENT FUND INC?
- The employer identification number (EIN) of AMIB ENDOWMENT FUND INC is 22-2677311.
- Is AMIB ENDOWMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
- Are donations to AMIB ENDOWMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does AMIB ENDOWMENT FUND INC 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 AMIB ENDOWMENT 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 AMIB ENDOWMENT FUND INC 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 AMIB ENDOWMENT FUND INC?
- The 990 for the year ended December 31, 2024 names JERRY J PEREZ CPA.
- Who are the officers and directors of AMIB ENDOWMENT FUND INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does AMIB ENDOWMENT FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $549,762, expenses of $213,185 and total assets of $8,305,382 at year end.
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