Nonprofit · EIN 22-3318849
BANCROFT INC WORKERS COMPENSATION TRUST
Tax-exempt · N BRUNSWICK, NJ 08902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,577,932 | $6,455,971 | $121,961 | $656,388 | $2,307,621 | -$1,651,233 |
| June 30, 2024 | 990 | $6,125,331 | $6,009,245 | $116,086 | $431,886 | $2,205,080 | -$1,773,194 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $6,555,855
- Investment income
- $22,077
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $5,604,209
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,500
- Program services (functional)
- $6,455,971
Balance sheet and other
- Total assets, start of year
- $431,886
- Total assets, end of year
- $656,388
- Total liabilities, end of year
- $2,307,621
- Net assets, end of year
- -$1,651,233
- Net assets without donor restrictions
- -$1,651,233
- Gross receipts
- $6,577,932
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1995
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANCROFT NEUROHEALTH | TRUSTEE Institutional trustee | 10 | $0 |
990 for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANCROFT NEUROHEALTH | TRUSTEE Institutional trustee | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 3803 BIRCHWOOD CT, N BRUNSWICK, NJ 08902-3908
- In care of
- % ANTHONY SALERNO
- Principal officer (990 for 2024)
- MICHAEL SALERNO, 1309 AZALEA DRIVE, NORTH BRUNSWICK, NJ 08902
- Signed the 990
- MICHAEL SALERNO, PRESIDENT
- Phone
- (732) 658-3039
- Return prepared by
- JIMENEZ & ASSOCIATES LLP
Mission
WORKERS COMPENSATION BENEFITS TO EMPLOYEES OF BANCROFT NEUROHEALTH.
Program accomplishments
- ORGANIZATION PROVIDES WORKERS COMPENSATION INSURANCE COVERAGE TO EMPLOYEES OF BANCROFT NEUROHEALTH IN COMPLIANCE WITH NEW JERSEY WORKERS COMPENSATION LAWS.Expenses $6,455,971 · revenue $6,555,855
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 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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3318849
- 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
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S50I)
- Assets (IRS master file)
- $656,388
- Income (IRS master file)
- $6,577,932
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,577,932 | $6,455,971 | $656,388 | XML |
| 990 | June 2024 | $6,125,331 | $6,009,245 | $431,886 | XML |
| 990 | June 2023 | $3,933,784 | $4,206,127 | $315,763 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 22-3318849).
Questions about BANCROFT INC WORKERS COMPENSATION TRUST
- What is the EIN of BANCROFT INC WORKERS COMPENSATION TRUST?
- The employer identification number (EIN) of BANCROFT INC WORKERS COMPENSATION TRUST is 22-3318849.
- Is BANCROFT INC WORKERS COMPENSATION TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to BANCROFT INC WORKERS COMPENSATION TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does BANCROFT INC WORKERS COMPENSATION TRUST 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 BANCROFT INC WORKERS COMPENSATION TRUST 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 BANCROFT INC WORKERS COMPENSATION TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BANCROFT INC WORKERS COMPENSATION TRUST?
- The 990 for the year ended June 30, 2025 names MICHAEL SALERNO.
- Who are the officers and directors of BANCROFT INC WORKERS COMPENSATION TRUST?
- The 990 for the year ended June 30, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does BANCROFT INC WORKERS COMPENSATION TRUST have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,577,932, expenses of $6,455,971 and total assets of $656,388 at year end.
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