Nonprofit · EIN 23-2802663
INSTITUTE FOR LAW AND ECONOMIC POLICY INC
Tax-exempt · JENKINTOWN, PA 19046
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $77,225 | $7,482 | $69,743 | $285,103 | $7,000 | $278,103 |
| December 31, 2024 | 990 | $137,029 | $245,906 | -$108,877 | $229,768 | $21,408 | $208,360 |
| December 31, 2023 | 990 | $242,888 | $230,788 | $12,100 | $337,737 | $20,500 | $317,237 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $73,000
- Program service revenue
- $0
- Investment income
- $2,260
- Other revenue
- $1,965
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $7,449
- Management and general (functional)
- $7,482
Balance sheet and other
- Total assets, start of year
- $229,768
- Total assets, end of year
- $285,103
- Total liabilities, end of year
- $7,000
- Net assets, end of year
- $278,103
- Net assets without donor restrictions
- $208,103
- Net assets with donor restrictions
- $70,000
- Gross receipts
- $77,225
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1995
- State of legal domicile
- PA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA STEIN | DIRECTOR Officer | 15 | $0 |
| LAURA POSNER | PRESIDENT Officer | 15 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA STEIN | DIRECTOR Officer | 15 | $0 |
| LAURA POSNER | PRESIDENT Officer | 15 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC I GROSS | FORMER PRESIDENT Officer | 15 | $0 |
| EDWARD LABATON | FORMER DIRECTOR Officer | 5 | $0 |
| LAURA STEIN | DIRECTOR Officer | 15 | $0 |
| LAURA POSNER | PRESIDENT Officer | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 261 OLD YORK RD STE 507A, JENKINTOWN, PA 19046-3720
- In care of
- % SANDRA STEIN
- Principal officer (990 for 2025)
- LAURA STEIN, 261 OLD YORK ROAD SUITE 507A, JENKINTOWN, PA 19046
- Signed the 990
- LAURA STEIN, DIRECTOR
- Phone
- (215) 988-9546
- Return prepared by
- WEAVER AND TIDWELL LLP
Mission
THE INSTITUTE FOR LAW AND ECONOMIC POLICY IS A PUBLIC POLICY RESEARCH AND EDUCATIONAL FOUNDATION ESTABLISHED TO PRESERVE STUDY AND ENHANCE ACCESS TO THE CIVIL JUSTICE SYSTEM BY ALL CONSUMERS AND INVESTORS.
Program accomplishments
- PRESENTATION OF VIEWS, OPINIONS & TOPICS IN AN OPEN FORUM WHERE SPEAKERS WHO ARE EXPERTS IN THEIR FIELDS ARE ABLE TO EXPRESS THEIR SUBJECT MATTER.revenue $1,965
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2802663
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W02)
- Assets (IRS master file)
- $285,103
- Income (IRS master file)
- $77,225
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $77,225 | $7,482 | $285,103 | XML |
| 990 | December 2024 | $137,029 | $245,906 | $229,768 | IRS |
| 990 | December 2023 | $242,888 | $230,788 | $337,737 | XML |
| 990 | December 2022 | $65,266 | $47,878 | $310,637 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 23-2802663).
Questions about INSTITUTE FOR LAW AND ECONOMIC POLICY INC
- What is the EIN of INSTITUTE FOR LAW AND ECONOMIC POLICY INC?
- The employer identification number (EIN) of INSTITUTE FOR LAW AND ECONOMIC POLICY INC is 23-2802663.
- Is INSTITUTE FOR LAW AND ECONOMIC POLICY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to INSTITUTE FOR LAW AND ECONOMIC POLICY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR LAW AND ECONOMIC POLICY 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 INSTITUTE FOR LAW AND ECONOMIC POLICY 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 INSTITUTE FOR LAW AND ECONOMIC POLICY 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 INSTITUTE FOR LAW AND ECONOMIC POLICY INC?
- The 990 for the year ended December 31, 2025 names LAURA STEIN.
- Who are the officers and directors of INSTITUTE FOR LAW AND ECONOMIC POLICY INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does INSTITUTE FOR LAW AND ECONOMIC POLICY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $77,225, expenses of $7,482 and total assets of $285,103 at year end.
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