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Nonprofit · EIN 23-7386850

OCEANIC PUBLIC LIBRARY TRUST

Tax-exempt · RUMSON, NJ 07760

Financials

$20K$21K2023$38K$26K2024$35K$28K2025
Revenue Expenses · by fiscal year end
Financials of OCEANIC PUBLIC LIBRARY TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$35,121$28,281$6,840$702,286$0$702,286
December 31, 2024990$37,921$26,249$11,672$650,242$0$650,242
December 31, 2023990$19,566$21,020-$1,454$618,405$0$618,405
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$30
Program service revenue
$0
Investment income
$35,080
Net gain from sales of assets
$17,086
Other revenue
$11

Expenses

Grants and similar amounts paid
$17,855
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,400
Program services (functional)
$17,855
Management and general (functional)
$10,426

Balance sheet and other

Total assets, start of year
$650,242
Total assets, end of year
$702,286
Total liabilities, end of year
$0
Net assets, end of year
$702,286
Publicly traded securities
$695,371
Gross receipts
$163,093
Employees
0
Volunteers
8
Year formed
1920
State of legal domicile
NJ

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
FEDERIGO MAGHERINITRUSTEE
Trustee or director
1$0
TY OLSONTRUSTEE
Trustee or director
1$0
ANN ROSSBACHTRUSTEE
Trustee or director
1$0
LAURIE E BRUCKMANNTRUSTEE
Trustee or director
1$0
WILLIAM P CAREYTRUSTEE
Trustee or director
1$0
LAUREN JACOBSONTRUSTEE
Trustee or director
1$0
CARL A REISSPRESIDENT AND SECRETARY
Officer
5$0
JAMES CLAYTON KINGSBERYTREASURER
Officer
5$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
FEDERIGO MAGHERINITRUSTEE
Trustee or director
1$0
TY OLSONTRUSTEE
Trustee or director
1$0
ANN ROSSBACHTRUSTEE
Trustee or director
1$0
LAURIE E BRUCKMANNTRUSTEE
Trustee or director
1$0
WILLIAM P CAREYTRUSTEE
Trustee or director
1$0
LAUREN JACOBSONTRUSTEE
Trustee or director
1$0
CARL A REISSPRESIDENT AND SECRETARY
Officer
5$0
JAMES CLAYTON KINGSBERYTREASURER
Officer
5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
FEDERIGO MAGHERINITRUSTEE
Trustee or director
1$0
TY OLSONTRUSTEE
Trustee or director
1$0
ANN ROSSBACHTRUSTEE
Trustee or director
1$0
CARL A REISSPRESIDENT AND SECRETARY
Officer
5$0
JAMES CLAYTON KINGSBERYTREASURER
Officer
5$0

Address and contacts

Address (IRS master file)
109 AVENUE OF TWO RIVERS, RUMSON, NJ 07760-1800
In care of
% WILLIAM HYATT JR
Principal officer (990 for 2025)
CARL A REISS, 7 ORCHARD LANE, RUMSON, NJ 07760
Signed the 990
CARL A REISS, PRESIDENT
Phone
(732) 804-4405
Return prepared by
THE CURCHIN GROUP LLC

Mission

ORGANIZATION WAS ESTABLISHED FOR THE MAINTENANCE OF THE OCEANIC FREE LIBRARY LOCATED IN RUMSON, NJ.

990 for the year ended December 31, 2025

Program accomplishments

  • MAINTENANCE OF THE OCEANIC FREE LIBRARY LOCATED IN RUMSON, NJ.
    Expenses $17,855 · grants $17,855

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
23-7386850
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$702,286
Income (IRS master file)
$163,093

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$35,121$28,281$702,286IRS
990December 2024$37,921$26,249$650,242XML
990December 2023$19,566$21,020$618,405XML
990December 2022$25,565$30,083$554,103IRS
990December 2021$67,944$20,382$678,777IRS

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 23-7386850).

Questions about OCEANIC PUBLIC LIBRARY TRUST

What is the EIN of OCEANIC PUBLIC LIBRARY TRUST?
The employer identification number (EIN) of OCEANIC PUBLIC LIBRARY TRUST is 23-7386850.
Is OCEANIC PUBLIC LIBRARY TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to OCEANIC PUBLIC LIBRARY TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does OCEANIC PUBLIC LIBRARY TRUST 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 OCEANIC PUBLIC LIBRARY TRUST 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 OCEANIC PUBLIC LIBRARY TRUST 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 OCEANIC PUBLIC LIBRARY TRUST?
The 990 for the year ended December 31, 2025 names CARL A REISS.
Who are the officers and directors of OCEANIC PUBLIC LIBRARY TRUST?
The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does OCEANIC PUBLIC LIBRARY TRUST have?
On its 990 for the year ended December 31, 2025 it reported revenue of $35,121, expenses of $28,281 and total assets of $702,286 at year end.

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