Nonprofit · EIN 22-2856867
THE HITE FOUNDATION INC
Tax-exempt · MELVILLE, NY 11747
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $603,138 | $1,109,774 | -$506,636 | $14,521,347 | $47,032 | $14,474,315 |
| June 30, 2024 | 990-PF | $629,566 | $795,409 | -$165,843 | $15,148,185 | $0 | $15,148,185 |
| June 30, 2023 | 990-PF | $2,470,921 | $1,572,975 | $897,946 | $15,307,718 | $0 | $15,307,718 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $50,000
- Dividends
- $27,474
- Interest
- $313
- Net gain from sales of assets
- $20,187
- Other income
- $505,164
Expenses
- Grants and similar amounts paid
- $947,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $960,927
Balance sheet and other
- Total assets, start of year
- $15,148,185
- Total assets, end of year
- $14,521,347
- Total liabilities, end of year
- $47,032
- Net assets, end of year
- $14,474,315
- Fair market value of assets
- $11,941,819
- Qualifying distributions
- $960,927
- Net investment income
- $123,379
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 |
|---|---|---|---|
| DANNY SIEGAL 8015 GLENWILD DR, PARK CITY, UT 84098 | SECRETARY | 1 | $0 |
| ALEX GREYSERMAN 5885 WINDSOR COURT, BOCA RATON, FL 33496 | VICE PRESIDENT | 1 | $0 |
| SHARON HITE 200 BROADHOLLOW ROAD STE 207, MELVILLE, NY 11747 | PRESIDENT & TREASURER | 1 | $0 |
| LAWRENCE D HITE 200 BROADHOLLOW ROAD STE 207, MELVILLE, NY 11747 | DIRECTOR | 0.5 | $0 |
990-PF for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE D HITE 445 BROADHOLLOW ROAD STE 319, MELVILLE, NY 11747 | PRESIDENT | 5 | $0 |
| ALEX GREYSERMAN 5885 WINDSOR COURT, BOCA RATON, FL 33496 | TREASURER | 1 | $0 |
| SHARON HITE 445 BROADHOLLOW ROAD STE 319, MELVILLE, NY 11747 | DIRECTOR | 1 | $0 |
990-PF for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE D HITE 445 BROADHOLLOW ROAD STE 319, MELVILLE, NY 11747 | PRESIDENT | 5 | $0 |
| ALEX GREYSERMAN 5885 WINDSOR COURT, BOCA RATON, FL 33496 | TREASURER | 1 | $0 |
| SHARON HITE 445 BROADHOLLOW ROAD STE 319, MELVILLE, NY 11747 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- CO DM LLP 200 BROADHOLLOW ROAD, MELVILLE, NY 11747-0000
- In care of
- % NBKW
- Signed the 990-PF
- ALEX GREYSERMAN, VICE PRESIDENT
- Phone
- (516) 993-7321
- Return prepared by
- DILORENZO & MARRA LLP
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
- 22-2856867
- 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
- 2004
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $14,521,347
- Income (IRS master file)
- $635,894
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $603,138 | $1,109,774 | $14,521,347 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990-PF | June 2024 | $629,566 | $795,409 | $15,148,185 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990-PF | June 2023 | $2,470,921 | $1,572,975 | $15,307,718 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 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 22-2856867).
Questions about THE HITE FOUNDATION INC
- What is the EIN of THE HITE FOUNDATION INC?
- The employer identification number (EIN) of THE HITE FOUNDATION INC is 22-2856867.
- Is THE HITE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to THE HITE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE HITE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE HITE 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 THE HITE 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 THE HITE FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does THE HITE FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $603,138, expenses of $1,109,774 and total assets of $14,521,347 at year end.
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