Nonprofit · EIN 22-3465454
OCEANFIRST FOUNDATION
Tax-exempt · TOMS RIVER, NJ 08753
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $636,887 | $2,508,333 | -$1,871,446 | $6,145,481 | $1,445,000 | $4,700,481 |
| December 31, 2024 | 990-PF | $685,828 | $2,513,921 | -$1,828,093 | $8,841,927 | $2,270,000 | $6,571,927 |
| December 31, 2023 | 990-PF | $876,492 | $3,123,858 | -$2,247,366 | $10,650,020 | $2,250,000 | $8,400,020 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $568,529
- Net gain from sales of assets
- -$1,280
- Other income
- $69,638
Expenses
- Grants and similar amounts paid
- $1,574,670
- Compensation of officers, directors and key employees
- $263,835
- Salaries, compensation and benefits (total)
- $281,985
- Disbursements for charitable purposes
- $2,503,333
- Excise tax on investment income
- $7,833
Balance sheet and other
- Total assets, start of year
- $8,841,927
- Total assets, end of year
- $6,145,481
- Total liabilities, end of year
- $1,445,000
- Net assets, end of year
- $4,700,481
- Fair market value of assets
- $11,168,566
- Qualifying distributions
- $2,503,333
- Net investment income
- $568,529
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 | Other / benefits |
|---|---|---|---|---|
| KATHERINE B DURANTE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | SECRETARY/EXECUTIVE DIRECTOR | 40 | $263,835 | $31,601 |
| STEPHANIE TOAL 975 HOOPER AVENUE, TOMS RIVER, NJ 08753 | MARKETING & COMM. CO Highest-paid employee | 40 | $69,063 | $8,400 |
| LISA PETROZZELLO 975 HOOPER AVENUE, TOMS RIVER, NJ 08753 | OFFICE MANAGER Highest-paid employee | 37.5 | $66,305 | $31,846 |
| CHRISTOPHER D MAHER 975 HOOPER AVE, TOMS RIVER, NJ 08753 | PRESIDENT/CHAIRMAN | 1.75 | $0 | $0 |
| MICHAEL J FITZPATRICK 975 HOOPER AVE, TOMS RIVER, NJ 08753 | TREASURER | 1.75 | $0 | $0 |
| JOHN F BARROS 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JAMES M BOLLERMAN 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JACK M FARRIS 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| KIMBERLY GUADAGNO ESQ 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| LORI S HERNDON 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JOSEPH M KYRILLOS 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JOSEPH J LEBEL 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JUDITH LEONE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JOSEPH M MURPHY JR 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| ROBERT A PREVITI 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANE RHINE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| GRACE C TORRES 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| JOHN E WALSH 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| DAVID WINTRODE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| SAMUEL R YOUNG 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| ROBIN ZAGER 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
990-PF for the year ended December 31, 2024: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHERINE B DURANTE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | SECRETARY/EXECUTIVE DIRECTOR | 40 | $286,801 |
| STEPHANIE TOAL 975 HOOPER AVENUE, TOMS RIVER, NJ 08753 | MARKETING & COMM. CO Highest-paid employee | 40 | $73,650 |
| LISA PETROZZELLO 975 HOOPER AVENUE, TOMS RIVER, NJ 08753 | OFFICE MANAGER Highest-paid employee | 37.5 | $70,474 |
| JULIE A BELLEZZA 975 HOOPER AVENUE, TOMS RIVER, NJ 08753 | VOLUNTEER & COMM. EN Highest-paid employee | 27.5 | $51,799 |
| CHRISTOPHER D MAHER 975 HOOPER AVE, TOMS RIVER, NJ 08753 | PRESIDENT/CHAIRMAN | 1.75 | $0 |
| MICHAEL J FITZPATRICK 975 HOOPER AVE, TOMS RIVER, NJ 08753 | TREASURER | 1.75 | $0 |
| JOHN F BARROS 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| JAMES M BOLLERMAN 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| JACK M FARRIS 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| KIMBERLY GUADAGNO ESQ 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| LORI S HERNDON 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| JOSEPH M KYRILLOS 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| JOSEPH J LEBEL 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| JUDITH LEONE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| JOSEPH M MURPHY JR 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| ROBERT A PREVITI 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| DIANE RHINE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| GRACE C TORRES 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| JOHN E WALSH 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| DAVID WINTRODE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| SAMUEL R YOUNG 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
| ROBIN ZAGER 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 |
990-PF for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHERINE B DURANTE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | SECRETARY/EXECUTIVE DIRECTOR | 40 | $272,791 | $30,164 |
| LISA PETROZZELLO 975 HOOPER AVENUE, TOMS RIVER, NJ 08753 | OFFICE MANAGER Highest-paid employee | 40 | $67,994 | $28,454 |
| STEPHANIE TOAL 975 HOOPER AVENUE, TOMS RIVER, NJ 08753 | MARKETING & COMM. CO Highest-paid employee | 40 | $67,815 | $6,993 |
| CHRISTOPHER D MAHER 975 HOOPER AVE, TOMS RIVER, NJ 08753 | PRESIDENT/CHAIRMAN | 1.75 | $0 | $0 |
| MICHAEL J FITZPATRICK 975 HOOPER AVE, TOMS RIVER, NJ 08753 | TREASURER | 1.75 | $0 | $0 |
| JOHN F BARROS 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JAMES M BOLLERMAN 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| ANGELO J CATANIA 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| ANTHONY R COSCIA 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JACK M FARRIS 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JOHN R GARBARINO 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| KIMBERLY GUADAGNO 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JOSEPH M KYRILLOS 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JOSEPH J LEBEL 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JUDITH LEONE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| DONALD E MCLAUGHLIN 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JOSEPH M MURPHY 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| ROBERT A PREVITI 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| DIANE RHINE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| GRACE C TORRES 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| GRACE M VALLACHI 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| JOHN E WALSH 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| DAVID WINTRODE 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| SAMUEL R YOUNG 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
| ROBIN ZAGER 975 HOOPER AVE, TOMS RIVER, NJ 08753 | DIRECTOR | 1.75 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 975 HOOPER AVE, TOMS RIVER, NJ 08753-8320
- In care of
- % MICHAEL FITZPATRICK
- Signed the 990-PF
- MICHAEL FITZPATRICK, TREASURER
- Phone
- (732) 341-4676
- Website
- WWW.OCEANFIRSTFDN.ORG
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY 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 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
- 22-3465454
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $6,145,481
- Income (IRS master file)
- $3,599,392
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $636,887 | $2,508,333 | $6,145,481 | IRS |
| 990-PF | December 2024 | $685,828 | $2,513,921 | $8,841,927 | IRS |
| 990-PF | December 2023 | $876,492 | $3,123,858 | $10,650,020 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 22-3465454).
Questions about OCEANFIRST FOUNDATION
- What is the EIN of OCEANFIRST FOUNDATION?
- The employer identification number (EIN) of OCEANFIRST FOUNDATION is 22-3465454.
- Is OCEANFIRST FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to OCEANFIRST FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does OCEANFIRST FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of OCEANFIRST FOUNDATION 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 OCEANFIRST FOUNDATION 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 OCEANFIRST FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 21 people; 3 received compensation from the organization, the highest $263,835 (KATHERINE B DURANTE, SECRETARY/EXECUTIVE DIRECTOR).
- How much revenue does OCEANFIRST FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $636,887, expenses of $2,508,333 and total assets of $6,145,481 at year end.
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All nonprofits in TOMS RIVER · New Jersey · Philanthropy, voluntarism and grantmaking foundations