Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 23-7108291

NEW YORK JETS FOUNDATION INC

Tax-exempt · FLORHAM PARK, NJ 07932

Financials

$3.2M$2.7M2023$5.3M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of NEW YORK JETS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,250,457$3,275,984$1,974,473$18,998,340$183,549$18,814,791
December 31, 2023990-PF$3,169,168$2,733,960$435,208$14,699,770$149,030$14,550,740
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,880,500
Interest
$161,991
Net gain from sales of assets
$137,616
Other income
$70,350

Expenses

Grants and similar amounts paid
$938,799
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$981,129
Excise tax on investment income
$4,165

Balance sheet and other

Total assets, start of year
$14,699,770
Total assets, end of year
$18,998,340
Total liabilities, end of year
$183,549
Net assets, end of year
$18,814,791
Fair market value of assets
$18,998,340
Qualifying distributions
$981,129
Net investment income
$299,607

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 / weekCompensation
BRIAN FRIEDMAN
C/O NEW YORK JETS LLC 1 JETS DRIVE, FLORHAM PARK, NJ 07932
TREASURER/COO/DIRECTOR1$0
CHRISTOPHER W JOHNSON
C/O THE JOHNSON COMPANY 610 5TH AVE, FL 2, NEW YORK, NY 10020
VICE CHAIRMAN/DIRECTOR1$0
JESSE LINDER
C/O NEW YORK JETS LLC 1 JETS DRIVE, FLORHAM PARK, NJ 07932
VP, COMMUNITY RELATIONS1$0
HYMIE ELHAI
C/O NEW YORK JETS LLC 1 JETS DRIVE, FLORHAM PARK, NJ 07932
PRESIDENT1$0
IRA AKSELRAD
C/O THE JOHNSON COMPANY 610 5TH AVE, FL 2, NEW YORK, NY 10020
EXECUTIVE VICE PRESIDENT/DIRECTOR1$0
ROBERT W JOHNSON IV
C/O NEW YORK JETS LLC 1 JETS DRIVE, FLORHAM PARK, NJ 07932
CHAIRMAN/CEO/DIRECTOR1$0
ANDY LEE
C/O NEW YORK JETS LLC 1 JETS DRIVE, FLORHAM PARK, NJ 07932
SECRETARY/CHIEF LEGAL OFFICER1$0
JAY D WAXENBERG
C/O NEW YORK JETS LLC 1 JETS DRIVE, FLORHAM PARK, NJ 07932
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
BRIAN FRIEDMAN
C/O NEW YORK JETS LLC 1 JETS DRIVE, FLORHAM PARK, NJ 07932
TREASURER/COO1$0
CHRISTOPHER W JOHNSON
C/O THE JOHNSON COMPANY 610 5TH AVE, FL 2, NEW YORK, NY 10020
VICE CHAIRMAN1$0
JESSE LINDER
C/O NEW YORK JETS LLC 1 JETS DRIVE, FLORHAM PARK, NJ 07932
VP, COMMUNITY RELATIONS1$0
HYMIE ELHAI
C/O NEW YORK JETS LLC 1 JETS DRIVE, FLORHAM PARK, NJ 07932
PRESIDENT & SECRETARY1$0
IRA AKSELRAD
C/O THE JOHNSON COMPANY 610 5TH AVE, FL 2, NEW YORK, NY 10020
EXECUTIVE VICE PRESIDENT1$0
ROBERT W JOHNSON IV
C/O NEW YORK JETS LLC 1 JETS DRIVE, FLORHAM PARK, NJ 07932
CHAIRMAN/CEO1$0

Address and contacts

Address (IRS master file)
1 JETS DR, FLORHAM PARK, NJ 07932-1215
In care of
% NEW YORK JETS LLC
Signed the 990-PF
BRIAN FRIEDMAN, OFFICER
Phone
(973) 549-4800
Return prepared by
EISNER ADVISORY GROUP LLC

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
23-7108291
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
1971
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$18,998,340
Income (IRS master file)
$6,227,066

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,250,457$3,275,984$18,998,340IRS
990-PFDecember 2023$3,169,168$2,733,960$14,699,770XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 23-7108291).

Questions about NEW YORK JETS FOUNDATION INC

What is the EIN of NEW YORK JETS FOUNDATION INC?
The employer identification number (EIN) of NEW YORK JETS FOUNDATION INC is 23-7108291.
Is NEW YORK JETS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to NEW YORK JETS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NEW YORK JETS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of NEW YORK JETS FOUNDATION INC 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 NEW YORK JETS FOUNDATION INC 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 NEW YORK JETS FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does NEW YORK JETS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,250,457, expenses of $3,275,984 and total assets of $18,998,340 at year end.

Other nonprofits in FLORHAM PARK

All nonprofits in FLORHAM PARK · New Jersey