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Nonprofit · EIN 22-3769926

JAMES AND LORETTA COLOTTO FOUNDATION INC

Tax-exempt · HACKENSACK, NJ 07601

Financials

$194K$390K2023$271K$367K2024$213K$383K2025
Revenue Expenses · by fiscal year end
Financials of JAMES AND LORETTA COLOTTO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$213,399$382,873-$169,474$2,154,491$78,250$2,076,241
December 31, 2024990-PF$270,702$366,881-$96,179$2,324,258$79,043$2,245,215
December 31, 2023990-PF$193,627$390,340-$196,713$2,426,500$85,106$2,341,394
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$110,017
Interest
$973
Net gain from sales of assets
$102,409

Expenses

Grants and similar amounts paid
$287,000
Compensation of officers, directors and key employees
$73,113
Disbursements for charitable purposes
$332,675
Excise tax on investment income
$2,560

Balance sheet and other

Total assets, start of year
$2,324,258
Total assets, end of year
$2,154,491
Total liabilities, end of year
$78,250
Net assets, end of year
$2,076,241
Fair market value of assets
$3,667,685
Qualifying distributions
$332,675
Net investment income
$213,399

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.

NameTitleHours / weekCompensation
MICHAEL GILMARTIN
808 MANNS HARBOR DRIVE, APOLLO BEACH, FL 33572
Secretary3$24,371
PETER G BOWEN
907 MAIN STREET, HACKENSACK, NJ 07601
President3$24,371
MICHAEL SCICUTELLA
333 BERGEN BLVD, FAIRVIEW, NJ 07022
Vice President3$24,371
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
MICHAEL GILMARTIN
808 MANNS HARBOR DRIVE, APOLLO BEACH, FL 33572
Secretary3$24,502
PETER G BOWEN
907 MAIN STREET, HACKENSACK, NJ 07601
President3$24,502
MICHAEL SCICUTELLA
333 BERGEN BLVD, FAIRVIEW, NJ 07022
Vice President3$24,502
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MICHAEL GILMARTIN
808 MANNS HARBOR DRIVE, APOLLO BEACH, FL 33572
Secretary3$23,956
PETER G BOWEN
907 MAIN STREET, HACKENSACK, NJ 07601
President3$23,956
MICHAEL SCICUTELLA
333 BERGEN BLVD, FAIRVIEW, NJ 07022
Vice President3$23,956

Address and contacts

Address (IRS master file)
BOWEN BOWEN 907 MAIN STREET, HACKENSACK, NJ 07601-0000
In care of
% BOWEN & BOWEN
Signed the 990-PF
MICHAEL GILMARTIN, Secretary
Phone
(201) 487-3937
Return prepared by
Bowen & Bowen

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
22-3769926
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
2001
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,154,491
Income (IRS master file)
$468,031

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$213,399$382,873$2,154,491XML
990-PFDecember 2024$270,702$366,881$2,324,258IRS
990-PFDecember 2023$193,627$390,340$2,426,500XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 22-3769926).

Questions about JAMES AND LORETTA COLOTTO FOUNDATION INC

What is the EIN of JAMES AND LORETTA COLOTTO FOUNDATION INC?
The employer identification number (EIN) of JAMES AND LORETTA COLOTTO FOUNDATION INC is 22-3769926.
Is JAMES AND LORETTA COLOTTO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to JAMES AND LORETTA COLOTTO FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JAMES AND LORETTA COLOTTO FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of JAMES AND LORETTA COLOTTO FOUNDATION INC 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 JAMES AND LORETTA COLOTTO FOUNDATION INC 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 JAMES AND LORETTA COLOTTO FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $24,371 (MICHAEL GILMARTIN, Secretary).
How much revenue does JAMES AND LORETTA COLOTTO FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $213,399, expenses of $382,873 and total assets of $2,154,491 at year end.

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