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Nonprofit · EIN 23-1668087

CASA FARNESE INC

Tax-exempt · PHILADELPHIA, PA 19147

Financials

$4.4M$4.1M2023$4.9M$4.4M2024$4.8M$4.7M2025
Revenue Expenses · by fiscal year end
Financials of CASA FARNESE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$4,753,769$4,716,238$37,531$17,844,420$10,639,132$7,205,288
December 31, 2024990$4,936,215$4,404,747$531,468$17,670,950$10,503,193$7,167,757
December 31, 2023990$4,401,728$4,146,820$254,908$17,205,317$10,569,028$6,636,289
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,623,474
Investment income
$778
Net rental income
$85,581
Other revenue
$129,517

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$613,759
Salaries, compensation and benefits (total)
$823,112
Professional fundraising fees
$0
Legal fees
$16,063
Accounting fees
$77,984
Occupancy
$484,114
Depreciation
$1,234,635
Program services (functional)
$4,387,121
Management and general (functional)
$329,117

Balance sheet and other

Total assets, start of year
$17,670,950
Total assets, end of year
$17,844,420
Total liabilities, end of year
$10,639,132
Net assets, end of year
$7,205,288
Land, buildings and equipment
$15,146,609
Net assets without donor restrictions
$7,205,288
Gross receipts
$4,753,769
Employees
13
Volunteers
17
Year formed
1962
State of legal domicile
DE

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANNETTE RIZZOPRESIDENT
Trustee or director, Officer
3$0
JOSEPH H JACOVINI ESQUIRECHAIRMAN
Trustee or director, Officer
3$0
DAVID JACOVINITREASURER
Trustee or director, Officer
0.3$0
DAVID P DALESANDRO ESQUIRESECRETARY
Trustee or director, Officer
0.3$0
EILEEN M COGGINSBOARD MEMBER
Trustee or director
0.3$0
DINA DELLA DUCATABOARD MEMBER
Trustee or director
0.3$0
TONY EWINGBOARD MEMBER
Trustee or director
0.3$0
LAWRENCE FARNESE JRBOARD MEMBER
Trustee or director
0.3$0
DR ALFRED IEZZIBOARD MEMBER
Trustee or director
0.3$0
DAVID KIMMELBOARD MEMBER
Trustee or director
0.3$0
DOMINIC S LIBERI ESQUIREBOARD MEMBER
Trustee or director
0.3$0
DIANE MENIOBOARD MEMBER
Trustee or director
0.3$0
CAROL A TAMBURINOBOARD MEMBER
Trustee or director
0.3$0
LAURA VALENTIBOARD MEMBER
Trustee or director
0.3$0
MICHAEL VALUCCIBOARD MEMBER
Trustee or director
0.3$0
2 more people on this return
NameTitleHours / weekCompensation
JEAN WANGBOARD MEMBER
Trustee or director
0.3$0
VITTORIA ZASLAVASKYBOARD MEMBER
Trustee or director
0.3$0
990 for the year ended December 31, 2024: 17 people
NameTitleHours / weekCompensation
ANNETTE RIZZOPRESIDENT
Trustee or director, Officer
3$0
JOSEPH H JACOVINI ESQUIRECHAIRMAN
Trustee or director, Officer
3$0
DAVID JACOVINITREASURER
Trustee or director, Officer
0.3$0
DAVID P DALESANDRO ESQUIRESECRETARY
Trustee or director, Officer
0.3$0
EILEEN M COGGINSBOARD MEMBER
Trustee or director
0.3$0
DINA DELLA DUCATABOARD MEMBER
Trustee or director
0.3$0
TONY EWINGBOARD MEMBER
Trustee or director
0.3$0
LAWRENCE FARNESE JRBOARD MEMBER
Trustee or director
0.3$0
DR ALFRED IEZZIBOARD MEMBER
Trustee or director
0.3$0
DAVID KIMMELBOARD MEMBER
Trustee or director
0.3$0
DOMINIC S LIBERI ESQUIREBOARD MEMBER
Trustee or director
0.3$0
DIANE MENIOBOARD MEMBER
Trustee or director
0.3$0
CAROL A TAMBURINOBOARD MEMBER
Trustee or director
0.3$0
LAURA VALENTIBOARD MEMBER
Trustee or director
0.3$0
MICHAEL VALUCCIBOARD MEMBER
Trustee or director
0.3$0
JEAN WANGBOARD MEMBER
Trustee or director
0.3$0
VITTORIA ZASLAVASKYBOARD MEMBER
Trustee or director
0.3$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
ANNETTE RIZZOPRESIDENT
Trustee or director, Officer
3$0
JOSEPH H JACOVINI ESQUIRECHAIRMAN
Trustee or director, Officer
3$0
DAVID JACOVINITREASURER
Trustee or director, Officer
0.3$0
DAVID P DALESANDRO ESQUIRESECRETARY
Trustee or director, Officer
0.3$0
EILEEN M COGGINSBOARD MEMBER
Trustee or director
0.3$0
DINA DELLA DUCATABOARD MEMBER
Trustee or director
0.3$0
TONY EWINGBOARD MEMBER
Trustee or director
0.3$0
LAWRENCE FARNESE JRBOARD MEMBER
Trustee or director
0.3$0
DR ALFRED IEZZIBOARD MEMBER
Trustee or director
0.3$0
DAVID KIMMELBOARD MEMBER
Trustee or director
0.3$0
DOMINIC S LIBERI ESQUIREBOARD MEMBER
Trustee or director
0.3$0
DIANE MENIOBOARD MEMBER
Trustee or director
0.3$0
CAROL A TAMBURINOBOARD MEMBER
Trustee or director
0.3$0
LAURA VALENTIBOARD MEMBER
Trustee or director
0.3$0
MICHAEL VALUCCIBOARD MEMBER
Trustee or director
0.3$0
JEAN WANGBOARD MEMBER
Trustee or director
0.3$0
VITTORIA ZASLAVASKYBOARD MEMBER
Trustee or director
0.3$0

Address and contacts

Address (IRS master file)
1300 LOMBARD STREET, PHILADELPHIA, PA 19147-1040
In care of
% LIBERTY VIEW
Principal officer (990 for 2025)
JOSEPH H JACOVINI, 1300 LOMBARD STREET, PHILADELPHIA, PA 19147
Signed the 990
DAVID JACOVINI, TREASURER
Phone
(215) 735-3858
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

APARTMENT RENTAL - TO PROVIDE LOW TO MODERATE INCOME HOUSING TO SENIOR CITIZENS IN ACCORDANCE WITH HUD GUIDELINES

990 for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION PROVIDES LOW TO MODERATE INCOME HOUSING TO 288 SENIOR CITIZENS IN ACCORDANCE WITH HUD GUIDELINES.
    Expenses $4,284,981 · revenue $4,662,704
  • THE ORGANIZATION PROVIDES A COORDINATOR OF SERVICES TO PROVIDE VARIOUS SOCIAL SERVICES TO RESIDENTS.
    Expenses $102,140

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 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 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-1668087
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,844,420
Income (IRS master file)
$4,753,769

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$4,753,769$4,716,238$17,844,420XML
990December 2024$4,936,215$4,404,747$17,670,950XML
990December 2023$4,401,728$4,146,820$17,205,317XML
990December 2022$4,183,699$3,828,633$16,763,275IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 23-1668087).

Questions about CASA FARNESE INC

What is the EIN of CASA FARNESE INC?
The employer identification number (EIN) of CASA FARNESE INC is 23-1668087.
Is CASA FARNESE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to CASA FARNESE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CASA FARNESE INC 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 CASA FARNESE 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 CASA FARNESE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CASA FARNESE INC?
The 990 for the year ended December 31, 2025 names JOSEPH H JACOVINI.
Who are the officers and directors of CASA FARNESE INC?
The 990 for the year ended December 31, 2025 lists 17 people; 0 received compensation from the organization.
How much revenue does CASA FARNESE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $4,753,769, expenses of $4,716,238 and total assets of $17,844,420 at year end.

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