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Nonprofit · EIN 26-2152293

NEARING BUTREMUK FAMILY FOUNDATION INC

Tax-exempt · CARMEL, NY 10512

Financials

$25K$136K2023$61K$122K2024$83K$110K2025
Revenue Expenses · by fiscal year end
Financials of NEARING BUTREMUK FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$82,594$109,638-$27,044$525,435$0$525,435
December 31, 2024990-PF$60,820$121,500-$60,680$572,479$0$572,479
December 31, 2023990-PF$24,996$136,171-$111,175$620,314$0$620,314
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$11,510
Interest
$3,402
Net gain from sales of assets
$67,682

Expenses

Grants and similar amounts paid
$100,000
Disbursements for charitable purposes
$100,000
Excise tax on investment income
$1,142

Balance sheet and other

Total assets, start of year
$572,479
Total assets, end of year
$525,435
Total liabilities, end of year
$0
Net assets, end of year
$525,435
Fair market value of assets
$890,218
Qualifying distributions
$100,000
Net investment income
$82,157

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
JOSEPH DEMARZO
50 CAROLYN ROAD EAST, Carmel, NY 10512
PRESIDENT5$0
PATTE HORN
50 CAROLYN ROAD EAST, Carmel, NY 10512
DIRECTOR5$0
LANCE DEMARZO
50 CAROLYN ROAD EAST, Carmel, NY 10512
DIRECTOR5$0
SUSAN DEMARZO
50 CAROLAN ROAD EAST, Carmel, NY 10512
DIRECTOR5$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
JOSEPH DEMARZO
50 CAROLYN ROAD EAST, Carmel, NY 10512
PRESIDENT5$0
PATTE HORN
50 CAROLYN ROAD EAST, Carmel, NY 10512
DIRECTOR5$0
LANCE DEMARZO
50 CAROLYN ROAD EAST, Carmel, NY 10512
DIRECTOR5$0
SUSAN DEMARZO
50 CAROLAN ROAD EAST, Carmel, NY 10512
DIRECTOR5$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JOSEPH DEMARZO
50 CAROLYN ROAD EAST, Carmel, NY 10512
PRESIDENT5$0
JOAN DEMARZO
50 CAROLYN ROAD EAST, Carmel, NY 10512
VICE PRESIDENT TREASURER5$0
PATTE HORN
50 CAROLYN ROAD EAST, Carmel, NY 10512
DIRECTOR5$0
LANCE DEMARZO
50 CAROLYN ROAD EAST, Carmel, NY 10512
DIRECTOR5$0
SUSAN DEMARZO
50 CAROLAN ROAD EAST, Carmel, NY 10512
DIRECTOR5$0

Address and contacts

Address (IRS master file)
50 CAROLYN RD E, CARMEL, NY 10512-4128
In care of
% JOSEPH DEMARZO
Signed the 990-PF
JOSEPH DEMARZO, PRESIDENT
Phone
(845) 225-4779
Return prepared by
Spano & Treglia LLP

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
26-2152293
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
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$525,435
Income (IRS master file)
$289,147

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$82,594$109,638$525,435XML
990-PFDecember 2024$60,820$121,500$572,479XML
990-PFDecember 2023$24,996$136,171$620,314XML
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 26-2152293).

Questions about NEARING BUTREMUK FAMILY FOUNDATION INC

What is the EIN of NEARING BUTREMUK FAMILY FOUNDATION INC?
The employer identification number (EIN) of NEARING BUTREMUK FAMILY FOUNDATION INC is 26-2152293.
Is NEARING BUTREMUK FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to NEARING BUTREMUK FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NEARING BUTREMUK FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of NEARING BUTREMUK FAMILY 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 NEARING BUTREMUK FAMILY 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 NEARING BUTREMUK FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does NEARING BUTREMUK FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $82,594, expenses of $109,638 and total assets of $525,435 at year end.

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