Nonprofit · EIN 26-2971454
JERRY AND LAURA JACOBSON FOUNDATION INC
Also known as WILLIAM A STRAWN PRES
Tax-exempt · SUGARCREEK, OH 44681
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $6,473,050 | $5,151,060 | $1,321,990 | $70,256,167 | $319,057 | $69,937,110 |
| December 31, 2023 | 990-PF | $1,723,748 | $5,125,334 | -$3,401,586 | $63,191,128 | $112,064 | $63,079,064 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $15,596
- Dividends
- $515,839
- Interest
- $498,080
- Net gain from sales of assets
- $5,167,094
- Other income
- $222,554
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $314,500
- Salaries, compensation and benefits (total)
- $841,095
- Excise tax on investment income
- $82,808
Balance sheet and other
- Total assets, start of year
- $63,191,128
- Total assets, end of year
- $70,256,167
- Total liabilities, end of year
- $319,057
- Net assets, end of year
- $69,937,110
- Fair market value of assets
- $70,256,167
- Net investment income
- $6,181,013
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER POREMBA 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $142,041 | $39,053 |
| TIMOTHY SPOSATO 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | CHIEF MECHANICAL OFF Highest-paid employee | 40 | $121,394 | $38,980 |
| NATHAN VANCE 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | ASSISTANT DIRECTOR Highest-paid employee | 40 | $107,500 | $37,483 |
| SCOTT CZIGANS 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | MACHINIST Highest-paid employee | 40 | $96,836 | $28,352 |
| DENISE GALLAGHER 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | ACCOUNT MANAGER Highest-paid employee | 40 | $64,625 | $36,926 |
| WILLIAM A STRAWN II 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | PRESIDENT | 20 | $58,000 | $0 |
| LAURA JACOBSON 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | VICE PRESIDENT | 15 | $52,500 | $0 |
| BARRY FOGLE 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | SECRETARY/TREASURER | 15 | $52,000 | $0 |
| TIMOTHY J SPOSATO 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | BOARD MEMBER | 15 | $52,000 | $0 |
| JOHN B CORNS 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | BOARD MEMBER | 15 | $50,000 | $0 |
| RONALD HYNES 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | BOARD MEMBER | 15 | $50,000 | $0 |
990-PF for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER POREMBA 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $138,749 | $38,081 |
| TIMOTHY SPOSATO 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | CHIEF MECHANICAL OFF Highest-paid employee | 40 | $116,821 | $38,149 |
| NATHAN VANCE 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | ASSISTANT DIRECTOR Highest-paid employee | 40 | $94,808 | $33,506 |
| SCOTT CZIGANS 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | MACHINIST Highest-paid employee | 40 | $93,170 | $20,628 |
| GREGORY MILLER 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | MECHANIC Highest-paid employee | 40 | $66,181 | $22,604 |
| WILLIAM A STRAWN II 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | PRESIDENT | 20 | $58,000 | $0 |
| LAURA JACOBSON 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | VICE PRESIDENT | 15 | $52,000 | $0 |
| BARRY FOGLE 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | SECRETARY/TREASURER | 15 | $52,000 | $0 |
| JOHN B CORNS 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | BOARD MEMBER | 15 | $52,000 | $0 |
| TIMOTHY J SPOSATO 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | BOARD MEMBER | 15 | $52,000 | $0 |
| RONALD HYNES 213 SMOKEY LANE RD SW PO BOX 427, SUGARCREEK, OH 44681 | BOARD MEMBER | 15 | $52,000 | $0 |
Address and contacts
- Address (IRS master file)
- 213 SMOKEY LANE RD SW, SUGARCREEK, OH 44681-7761
- Signed the 990-PF
- WILLIAM A STRAWN II, PRESIDENT
- Phone
- (330) 852-4676
- Website
- WWW.AGEOFSTEAMROUNDHOUSE.ORG
- Return prepared by
- LALLY & CO 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 26-2971454
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $70,256,167
- Income (IRS master file)
- $10,314,851
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $6,473,050 | $5,151,060 | $70,256,167 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,723,748 | $5,125,334 | $63,191,128 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 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 26-2971454).
Questions about JERRY AND LAURA JACOBSON FOUNDATION INC
- What is the EIN of JERRY AND LAURA JACOBSON FOUNDATION INC?
- The employer identification number (EIN) of JERRY AND LAURA JACOBSON FOUNDATION INC is 26-2971454.
- Is JERRY AND LAURA JACOBSON FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to JERRY AND LAURA JACOBSON FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does JERRY AND LAURA JACOBSON FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JERRY AND LAURA JACOBSON 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 JERRY AND LAURA JACOBSON 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 JERRY AND LAURA JACOBSON FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 11 people; 11 received compensation from the organization, the highest $142,041 (PETER POREMBA, EXECUTIVE DIRECTOR).
- How much revenue does JERRY AND LAURA JACOBSON FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $6,473,050, expenses of $5,151,060 and total assets of $70,256,167 at year end.
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