Nonprofit · EIN 27-1726785
VALENTINE FOUNDATION INC
Tax-exempt · BLOOMFIELD, NJ 07003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $172,409 | $58,881 | $113,528 | $271,323 | $0 | $271,323 |
| December 31, 2024 | 990 | $133,511 | $99,418 | $34,093 | $157,795 | $0 | $157,795 |
| December 31, 2023 | 990 | $107,474 | $94,675 | $12,799 | $123,702 | $0 | $123,702 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $151,830
- Program service revenue
- $0
- Investment income
- $4,220
- Net rental income
- $16,359
- Other revenue
- $16,359
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $10,425
- Other salaries and wages
- $10,425
- Salaries, compensation and benefits (total)
- $25,489
- Professional fundraising fees
- $0
- Accounting fees
- $2,334
- Travel
- $178
- Program services (functional)
- $12,779
- Management and general (functional)
- $45,603
- Fundraising (functional)
- $499
Balance sheet and other
- Total assets, start of year
- $157,795
- Total assets, end of year
- $271,323
- Total liabilities, end of year
- $0
- Net assets, end of year
- $271,323
- Land, buildings and equipment
- $10,073
- Gross receipts
- $401,697
- Employees
- 3
- Year formed
- 2010
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES VALENTINE | Director Trustee or director | 30 | $7,058 |
| LISA VALENTINE | President Officer | 30 | $3,367 |
| ROBERT KIRBY | Trustee Trustee or director | 1 | $0 |
| CHARLES CHASE | Trustee Trustee or director | 1 | $0 |
| DOREEN GAGNON | Trustee Trustee or director | 1 | $0 |
| STAN HICKMAN | Trustee Trustee or director | 1 | $0 |
| MARIA FONSECA | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES VALENTINE | Director Trustee or director | 30 | $44,980 |
| ROBERT KIRBY | Trustee Trustee or director | 1 | $0 |
| CHARLES CHASE | Trustee Trustee or director | 1 | $0 |
| DOREEN GAGNON | Trustee Trustee or director | 1 | $0 |
| STAN HICKMAN | Trustee Trustee or director | 1 | $0 |
| LISA VALENTINE | President Officer | 1 | $0 |
| MARIA FONSECA | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES VALENTINE | Director Trustee or director | 30 | $44,980 |
| ROBERT KIRBY | Trustee Trustee or director | 1 | $0 |
| CHARLES CHASE | Trustee Trustee or director | 1 | $0 |
| DOREEN GAGNON | Trustee Trustee or director | 1 | $0 |
| STAN HICKMAN | Trustee Trustee or director | 1 | $0 |
| LISA VALENTINE | President Officer | 1 | $0 |
| MARIA FONSECA | Secretary Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 152 FRANKLIN ST, BLOOMFIELD, NJ 07003-4958
- In care of
- % CHARLES VALENTINE
- Mailing address (990-N for 2010)
- 246 High Street, North Arlington NJ 07031
- Principal officer (990 for 2025)
- LISA VALENTINE, 152 FRANKLIN STREET FL 2, BLOOMFIELD, NJ 07003
- Principal officer (990-N for 2010)
- Charles Velentine, 246 High Street, North Arlington NJ 07031
- Signed the 990
- LISA VALENTINE, President
- Phone
- (201) 955-2008
- Website
- WWW.VALENTINEHOUSE.ORG
- Return prepared by
- Forte Financial Professionals
Mission
The organization provides transitional housing at a cost below FMV for recovering addicts and alcoholics.
Program accomplishments
- Valentine Foundation, Inc. provides transitional housing at a cost below fair market value for recovering addicts and alcoholics. $245,647 of Rental Income was received from five houses throughout the year. The running cost of the housing was $229,288Expenses $12,779
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
- 27-1726785
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L40)
- Assets (IRS master file)
- $271,323
- Income (IRS master file)
- $401,697
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $172,409 | $58,881 | $271,323 | IRS |
| 990 | December 2024 | $133,511 | $99,418 | $157,795 | IRS |
| 990 | December 2023 | $107,474 | $94,675 | $123,702 | XML |
| 990 | December 2022 | $118,759 | $93,780 | $110,903 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Charles Velentine | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
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 27-1726785).
Questions about VALENTINE FOUNDATION INC
- What is the EIN of VALENTINE FOUNDATION INC?
- The employer identification number (EIN) of VALENTINE FOUNDATION INC is 27-1726785.
- Is VALENTINE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to VALENTINE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALENTINE FOUNDATION 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 VALENTINE 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 VALENTINE FOUNDATION 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 VALENTINE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names LISA VALENTINE.
- Who are the officers and directors of VALENTINE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $7,058 (CHARLES VALENTINE, Director).
- How much revenue does VALENTINE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $172,409, expenses of $58,881 and total assets of $271,323 at year end.
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