Nonprofit · EIN 34-2025283
NEW JERSEY BANKERS CHARITABLE FOUNDATION INC
Tax-exempt · CRANFORD, NJ 07016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,110 | $36,613 | -$31,503 | $395,721 | $0 | $395,721 |
| December 31, 2023 | 990-PF | $29,411 | $51,598 | -$22,187 | $427,224 | $0 | $427,224 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Interest
- $5,110
Expenses
- Grants and similar amounts paid
- $32,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $32,500
- Excise tax on investment income
- $71
Balance sheet and other
- Total assets, start of year
- $427,224
- Total assets, end of year
- $395,721
- Total liabilities, end of year
- $0
- Net assets, end of year
- $395,721
- Fair market value of assets
- $395,721
- Qualifying distributions
- $32,500
- Net investment income
- $5,110
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 |
|---|---|---|---|
| MICHAEL P AFFUSO Esq 411 North Avenue East, Cranford, NJ 070162436 | CHAIR | 0.2 | $0 |
| JOHN MANGINI 411 North Avenue East, Cranford, NJ 070162436 | EX-OFFICIO TRUSTEE | 0.5 | $0 |
| MATTHEW COONEY 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| CHRISTOPHER MAHER 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE - TERM. 06/18/2024 | 0.2 | $0 |
| JAMES SILKENSEN 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| JOHN M BONHOMME 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| PATRICK L RYAN 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| ROBERT E STILLWELL 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| STEVEN M KLEIN 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| JANE E REY 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE - TERM. 06/18/2024 | 0.2 | $0 |
| CRAIG L MONTANARO 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| IRA ROBBINS 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| ANTHONY LABOZZETTA 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE - EFF. 06/18/2024 | 0.2 | $0 |
| ELIZABETH MAGENNIS 411 North Avenue East, Cranford, NJ 070162436 | TRUSTEE- EFF. 06/18/2024 | 0.2 | $0 |
| Brittany Wheeler 411 North Avenue East, Cranford, NJ 070162436 | EX-OFFICIO MEMBER | 0.2 | $0 |
990-PF for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL AFFUSO 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | CHAIR | 0.2 | $0 |
| JOHN MANGINI 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | EX-OFFICIO TRUSTEE | 0.5 | $0 |
| MATTHEW COONEY 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| CHRISTOPHER MAHER 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| JAMES SILKENSEN 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| JOHN M BONHOMME 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| PATRICK RYAN 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| ROBERT STILLWELL 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| STEVEN KLEIN 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| JANE REY 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| CRAIG MONTANARO 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | TRUSTEE | 0.2 | $0 |
| IRA ROBBINS 411 NORTH AVENUE EAST, CRANFORD, NJ 070162436 | TRUSTEE | 0.2 | $0 |
Address and contacts
- Address (IRS master file)
- 411 NORTH AVENUE EAST, CRANFORD, NJ 07016-2494
- In care of
- % MICHAEL AFFUSO
- Signed the 990-PF
- MICHAEL AFFUSO, PRESIDENT & CEO
- Phone
- (908) 272-8500
- Return prepared by
- WithumSmithBrown PC
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
- 34-2025283
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $395,721
- Income (IRS master file)
- $5,110
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,110 | $36,613 | $395,721 | XML |
| 990-PF | December 2023 | $29,411 | $51,598 | $427,224 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 34-2025283).
Questions about NEW JERSEY BANKERS CHARITABLE FOUNDATION INC
- What is the EIN of NEW JERSEY BANKERS CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of NEW JERSEY BANKERS CHARITABLE FOUNDATION INC is 34-2025283.
- Is NEW JERSEY BANKERS CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to NEW JERSEY BANKERS CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does NEW JERSEY BANKERS CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of NEW JERSEY BANKERS CHARITABLE 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 NEW JERSEY BANKERS CHARITABLE 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 NEW JERSEY BANKERS CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does NEW JERSEY BANKERS CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,110, expenses of $36,613 and total assets of $395,721 at year end.
Other nonprofits in CRANFORD
- UNION COUNTY COLLEGE FOUNDATION INC EIN 22-2218627 · last filed 990 for 2025
- PTA NEW JERSEY CONGRESS OF PARENTS & TEACHERS EIN 47-2045913 · last filed 990-EZ for 2025
- PARENT BOOSTER USA INC EIN 84-1801198 · last filed 990-EZ for 2024
- RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND EIN 88-1302574 · last filed 990-EZ for 2025
- OESP DAVE NELSEN SCHOLARSHIP FOUNDATION INC EIN 99-2269801 · last filed 990-EZ for 2025
- 10TH MASONIC DISTRICT SCHOLARSHIP FUND A NJ NONPROFITCORP EIN 45-4691160 · last filed 990-N for 2025
- READING TOGETHER EIN 61-1993514 · last filed 990-N for 2024
- AI FOR EDUCATION FOUNDATION EIN 99-4707065 · last filed 990-N for 2025