Nonprofit · EIN 34-1204223
HOBAN TRUST FUND INC
Tax-exempt · AKRON, OH 44306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,099,356 | $767,342 | $332,014 | $16,047,452 | $1,000 | $16,046,452 |
| December 31, 2023 | 990 | $868,612 | $700,217 | $168,395 | $14,589,155 | $0 | $14,589,155 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $482,603
- Program service revenue
- $0
- Investment income
- $616,753
- Net gain from sales of assets
- $256,734
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $740,166
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $740,166
- Management and general (functional)
- $27,176
Balance sheet and other
- Total assets, start of year
- $14,589,155
- Total assets, end of year
- $16,047,452
- Total liabilities, end of year
- $1,000
- Net assets, end of year
- $16,046,452
- Publicly traded securities
- $15,900,664
- Net assets without donor restrictions
- $2,861,461
- Net assets with donor restrictions
- $13,184,991
- Gross receipts
- $1,099,356
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1978
- State of legal domicile
- OH
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRIS DIMAURO | TRUSTEE, PRESIDENT HOBAN Trustee or director | 0.2 | $0 | $198,431 | $19,853 |
| STEVEN A DIMENGO | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BR JAMES SPOONER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANDREW SPRUNGLE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRIAN DECENZO | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| STEVE HAMMERSMITH | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| DAVID KUNCE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| ALICE LUSE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| JAMES MCCOOL | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| JOE MORRIS | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| CHARLIE PETER | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRIS DIMAURO | TRUSTEE, PRESIDENT HOBAN Trustee or director | 0.2 | $0 | $176,106 | $16,017 |
| STEVEN A DIMENGO | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BR JAMES SPOONER | SECRETARY, ASSOCIATE PRINCIPAL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANDREW SPRUNGLE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRIAN DECENZO | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| STEVE HAMMERSMITH | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| ALICE LUSE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| JAMES MCCOOL | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| JOE MORRIS | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| CHARLIE PETER | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| DAVID KUNCE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 HOLY CROSS BLVD, AKRON, OH 44306-1500
- In care of
- % MICHAEL E MARKOWSKI
- Principal officer (990 for 2024)
- STEVEN A DIMENGO, 3800 EMBASSY PARKWAY SUITE 300, AKRON, OH 44333
- Signed the 990
- STEVEN A DIMENGO, CHAIRMAN
- Phone
- (330) 773-6658
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO SUPPORT SCHOLASTIC PROGRAMS AND PROVIDE SCHOLARSHIPS FOR STUDENTS AT ARCHBISHOP HOBAN HIGH SCHOOL.
Program accomplishments
- TO SUPPORT SCHOLASTIC PROGRAMS AND PROVIDE SCHOLARSHIPS FOR STUDENTS AT ARCHBISHOP HOBAN HIGH SCHOOL.Expenses $740,166 · grants $740,166
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 | Not 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
- 34-1204223
- 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
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $16,047,452
- Income (IRS master file)
- $1,099,356
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,099,356 | $767,342 | $16,047,452 | XML |
| 990 | December 2023 | $868,612 | $700,217 | $14,589,155 | XML |
| 990 | December 2022 | $1,075,782 | $705,721 | $13,078,356 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 34-1204223).
Questions about HOBAN TRUST FUND INC
- What is the EIN of HOBAN TRUST FUND INC?
- The employer identification number (EIN) of HOBAN TRUST FUND INC is 34-1204223.
- Is HOBAN TRUST FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to HOBAN TRUST FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOBAN TRUST FUND 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 HOBAN TRUST FUND 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 HOBAN TRUST FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HOBAN TRUST FUND INC?
- The 990 for the year ended December 31, 2024 names STEVEN A DIMENGO.
- Who are the officers and directors of HOBAN TRUST FUND INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does HOBAN TRUST FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,099,356, expenses of $767,342 and total assets of $16,047,452 at year end.
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