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Nonprofit · EIN 22-3591803

THE NICHOLAS J AND ANNA K BOURAS

Tax-exempt · SUMMIT, NJ 07901

Financials

$2.8M$4.7M2023$7.9M$5.1M2024
Revenue Expenses · by fiscal year end
Financials of THE NICHOLAS J AND ANNA K BOURAS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$7,859,291$5,127,758$2,731,533$106,880,183$1,116,032$105,764,151
December 31, 2023990-PF$2,773,472$4,679,844-$1,906,372$102,582,899$1,622,853$100,960,046
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$2,276,362
Interest
$1,031,760
Net gain from sales of assets
$4,551,169

Expenses

Grants and similar amounts paid
$3,877,827
Compensation of officers, directors and key employees
$57,000
Salaries, compensation and benefits (total)
$95,017
Disbursements for charitable purposes
$4,885,030
Excise tax on investment income
$102,550

Balance sheet and other

Total assets, start of year
$102,582,899
Total assets, end of year
$106,880,183
Total liabilities, end of year
$1,116,032
Net assets, end of year
$105,764,151
Fair market value of assets
$106,880,183
Qualifying distributions
$4,885,030
Net investment income
$7,859,291

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROSEMARY STEPIEN
25 DEFOREST AVENUE, SUITE 204, SUMMIT, NJ 07901
FDN ADMINIST
Highest-paid employee
30$95,017$9,501
B THEODORE BOZONELIS
45 FULLER AVENUE, CHATHAM, NJ 07928
TRUSTEE2$29,000$0
WILLIAM S CRANE
25 DEFOREST AVENUE, SUITE 101, SUMMIT, NJ 07901
PRES/TREASUR8$14,000$0
ANDREW J STAMELMAN
210 PARK AVENUE, SUITE 200, FLORHAM PARK, NJ 07932
SECRETARY2$14,000$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationOther / benefits
ROSEMARY STEPIEN
25 DEFOREST AVENUE, SUITE 204, SUMMIT, NJ 07901
FDN ADMINIST
Highest-paid employee
30$90,522$9,030
B THEODORE BOZONELIS
45 FULLER AVENUE, CHATHAM, NJ 07928
TRUSTEE2$23,200$0
WILLIAM S CRANE
25 DEFOREST AVENUE, SUITE 101, SUMMIT, NJ 07901
PRES/TREASUR7$10,000$0
ANDREW J STAMELMAN
210 PARK AVENUE, SUITE 200, FLORHAM PARK, NJ 07932
SECRETARY2$10,000$0

Address and contacts

Address (IRS master file)
25 DEFOREST AVE STE 204, SUMMIT, NJ 07901-2140
In care of
% NICHOLAS J BOURAS
Signed the 990-PF
WILLIAM S CRANE, PRES/TREASURER
Phone
(908) 918-9400
Return prepared by
CRANE ROSENBERG PACIO & CO 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
22-3591803
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
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$106,880,183
Income (IRS master file)
$33,580,756

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$7,859,291$5,127,758$106,880,183XML
990-PFDecember 2023$2,773,472$4,679,844$102,582,899XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 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 22-3591803).

Questions about THE NICHOLAS J AND ANNA K BOURAS

What is the EIN of THE NICHOLAS J AND ANNA K BOURAS?
The employer identification number (EIN) of THE NICHOLAS J AND ANNA K BOURAS is 22-3591803.
Is THE NICHOLAS J AND ANNA K BOURAS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to THE NICHOLAS J AND ANNA K BOURAS tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE NICHOLAS J AND ANNA K BOURAS file?
Form 990-PF. Private foundations file every year.
When is the next return of THE NICHOLAS J AND ANNA K BOURAS 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 THE NICHOLAS J AND ANNA K BOURAS last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE NICHOLAS J AND ANNA K BOURAS?
The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $95,017 (ROSEMARY STEPIEN, FDN ADMINIST).
How much revenue does THE NICHOLAS J AND ANNA K BOURAS have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $7,859,291, expenses of $5,127,758 and total assets of $106,880,183 at year end.

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