Nonprofit · EIN 31-1558645
FOREST PARK TRUST INC
Tax-exempt · WOODHAVEN, NY 11421
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $225,226 | $286,395 | -$61,169 | $314,973 | $9,131 | $305,842 |
| June 30, 2024 | 990 | $254,972 | $297,532 | -$42,560 | $379,450 | $12,439 | $367,011 |
| June 30, 2023 | 990 | $340,402 | $290,442 | $49,960 | $419,793 | $10,222 | $409,571 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $209,537
- of which government grants
- $139,787
- Program service revenue
- $15,684
- Investment income
- $5
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $55,364
- Salaries, compensation and benefits (total)
- $55,364
- Professional fundraising fees
- $0
- Accounting fees
- $13,753
- Program services (functional)
- $260,154
- Management and general (functional)
- $25,312
- Fundraising (functional)
- $929
Balance sheet and other
- Total assets, start of year
- $379,450
- Total assets, end of year
- $314,973
- Total liabilities, end of year
- $9,131
- Net assets, end of year
- $305,842
- Net assets without donor restrictions
- $305,842
- Gross receipts
- $225,226
- Employees
- 4
- Volunteers
- 16
- Year formed
- 1997
- State of legal domicile
- NY
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL PALERMO | President Trustee or director, Officer | 3 | $0 |
| DR REV DAVID BENKE | COMPLIANCE Trustee or director, Officer | 3 | $0 |
| RODOLFO GARCIA | Trustee Trustee or director | 3 | $0 |
| CHRIS DOWNES | Trustee Trustee or director | 3 | $0 |
| WALTER SANCHEZ | Treasurer Trustee or director, Officer | 3 | $0 |
| MICHAEL GOGITIDZE | Trustee Trustee or director | 3 | $0 |
| CRYSTAL RIVERA | Trustee Trustee or director | 3 | $0 |
| SALVATORE CRIFASI | Trustee Trustee or director | 3 | $0 |
| JEFFREY LEBOWITZ | Trustee Trustee or director | 3 | $0 |
| NASH ROE | Secretary Trustee or director, Officer | 3 | $0 |
| MELISSA TRASKY | Trustee Trustee or director | 3 | $0 |
| JOSEPHINE SCALIA | Trustee Trustee or director | 3 | $0 |
| RAFAEL ESPINAL JR | Trustee Trustee or director | 3 | $0 |
| DIANA GAITAN | Trustee Trustee or director | 3 | $0 |
| MARITZA CARMONA | Trustee Trustee or director | 3 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMILY LOUISE WALKER | Trustee Trustee or director | 3 | $0 |
| PORTIA DYRENFORTH | DIRECTOR | 40 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL PALERMO | President Trustee or director, Officer | 3 | $0 |
| DR REV DAVID BENKE | COMPLIANCE Trustee or director, Officer | 3 | $0 |
| RODOLFO GARCIA | Trustee Trustee or director | 3 | $0 |
| CHRIS DOWNES | Trustee Trustee or director | 3 | $0 |
| WALTER SANCHEZ | Treasurer Trustee or director, Officer | 3 | $0 |
| MICHAEL GOGITIDZE | Trustee Trustee or director | 3 | $0 |
| JOSEPH SCHILTZ | Trustee Trustee or director | 3 | $0 |
| SALVATORE CRIFASI | Trustee Trustee or director | 3 | $0 |
| JEFFREY LEBOWITZ | Trustee Trustee or director | 3 | $0 |
| NASH ROE | Secretary Trustee or director, Officer | 3 | $0 |
| MELISSA TRASKY | Trustee Trustee or director | 3 | $0 |
| JOSEPHINE SCALIA | Trustee Trustee or director | 3 | $0 |
| RAFAEL ESPINAL JR | Trustee Trustee or director | 3 | $0 |
| DIANA GAITAN | Trustee Trustee or director | 3 | $0 |
| MARITZA CARMONA | Trustee Trustee or director | 3 | $0 |
| PORTIA DYRENFORTH | DIRECTOR | 40 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL PALERMO | President Trustee or director, Officer | 3 | $0 |
| DR REV DAVID BENKE | COMPLIANCE Trustee or director, Officer | 3 | $0 |
| RODOLFO GARCIA | Trustee Trustee or director | 3 | $0 |
| CHRIS DOWNES | Trustee Trustee or director | 3 | $0 |
| WALTER SANCHEZ | Treasurer Trustee or director, Officer | 3 | $0 |
| MICHAEL GOGITIDZE | Trustee Trustee or director | 3 | $0 |
| JOSEPH SCHILTZ | Trustee Trustee or director | 3 | $0 |
| SALVATORE CRIFASI | Trustee Trustee or director | 3 | $0 |
| JEFFREY LEBOWITZ | Trustee Trustee or director | 3 | $0 |
| NASH ROE | Secretary Trustee or director, Officer | 3 | $0 |
| MELISSA TRASKY | Trustee Trustee or director | 3 | $0 |
| JOSEPHINE SCALIA | Trustee Trustee or director | 3 | $0 |
| RAFAEL ESPINAL JR | Trustee Trustee or director | 3 | $0 |
| PORTIA DYRENFORTH | DIRECTOR | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1 FOREST PARK, WOODHAVEN, NY 11421-1156
- Principal officer (990 for 2024)
- MICHAEL PALERMO, OAK RIDGE ONE FOREST PARK DRIVE, WOODHAVEN, NY 11421
- Signed the 990
- MICHAEL PALERMO, President
- Phone
- (718) 235-4100
- Return prepared by
- Baldessari & Coster LLP
Mission
COMMUNITY OUTREACH/PUBLIC PROGRAMS - TO PROMOTE EDUCATION AND INFORMATION ON FOREST PARK AND CULTURAL ACTIVITIES
Program accomplishments
- COMMUNITY OUTREACH/PUBLIC PROGRAMS - TO PROMOTE EDUCATION AND INFORMATION ON FOREST PARK AND CULTURAL ACTIVITIESExpenses $155,448
- RESTORATION, PRESERVATION & MAINTENANCE - FOR THE MAINTENANCE PRESERVATION AND RESTORING FOREST PARKExpenses $104,706
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1558645
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C500)
- Assets (IRS master file)
- $314,973
- Income (IRS master file)
- $225,226
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $225,226 | $286,395 | $314,973 | XML |
| 990 | June 2024 | $254,972 | $297,532 | $379,450 | XML |
| 990 | June 2023 | $340,402 | $290,442 | $419,793 | XML |
| 990 | June 2022 | $297,428 | $322,331 | $367,399 | IRS |
| 990 | June 2021 | – | – | – | 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 31-1558645).
Questions about FOREST PARK TRUST INC
- What is the EIN of FOREST PARK TRUST INC?
- The employer identification number (EIN) of FOREST PARK TRUST INC is 31-1558645.
- Is FOREST PARK TRUST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to FOREST PARK TRUST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOREST PARK TRUST 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 FOREST PARK TRUST INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOREST PARK TRUST INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FOREST PARK TRUST INC?
- The 990 for the year ended June 30, 2025 names MICHAEL PALERMO.
- Who are the officers and directors of FOREST PARK TRUST INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does FOREST PARK TRUST INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $225,226, expenses of $286,395 and total assets of $314,973 at year end.
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