Nonprofit · EIN 36-4446147
DIVEHEART FOUNDATION
Tax-exempt (reinstated) · DOWNERS GROVE, IL 60515
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $790,960 | $618,662 | $172,298 | $1,863,753 | $162,349 | $1,701,404 |
| December 31, 2024 | 990 | $591,541 | $513,264 | $78,277 | $1,601,133 | $45,900 | $1,555,233 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $596,647
- Program service revenue
- $31,825
- Investment income
- $146,933
- Net gain from sales of assets
- $62,660
- Net income from fundraising events
- $15,555
- Other revenue
- $15,555
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $81,887
- Other salaries and wages
- $105,552
- Salaries, compensation and benefits (total)
- $201,916
- Professional fundraising fees
- $0
- Occupancy
- $38,718
- Travel
- $70,741
- Depreciation
- $2,784
- Program services (functional)
- $368,559
- Management and general (functional)
- $161,331
- Fundraising (functional)
- $88,772
Balance sheet and other
- Total assets, start of year
- $1,601,133
- Total assets, end of year
- $1,863,753
- Total liabilities, end of year
- $162,349
- Net assets, end of year
- $1,701,404
- Land, buildings and equipment
- $4,767
- Publicly traded securities
- $1,179,751
- Net assets without donor restrictions
- $1,659,269
- Net assets with donor restrictions
- $42,135
- Gross receipts
- $837,119
- Employees
- 7
- Volunteers
- 167
- Year formed
- 2001
- State of legal domicile
- IL
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 |
|---|---|---|---|
| JIMMY RAY ELLIOTT | PRESIDENT Trustee or director, Officer | 40 | $0 |
| RONALD FRANCIS RISPOLI | VICE PRESIDE Trustee or director, Officer | 20 | $0 |
| DON KOORS | TREASURER Trustee or director, Officer | 5 | $0 |
| BILL BOGDAN | DIRECTOR Trustee or director | 5 | $0 |
| SEAN BAKER | DIRECTOR Trustee or director | 5 | $0 |
| STEVE WOODHAM | DIRECTOR Trustee or director | 5 | $0 |
| NORA BOLKE | DIRECTOR Trustee or director | 5 | $0 |
| CORISSA LEUNG | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tinamarie Hernandez | Executive Director Key employee | 40 | $80,550 |
| Denise Brown | Office Manager Highest-paid employee | 20 | $21,790 |
| Jessica Collins | Social Media & Marketing Highest-paid employee | 5 | $20,800 |
| Rachel Crane | Director of Education & Training Highest-paid employee | 20 | $4,593 |
| Jimmy Ray Elliott | President Trustee or director, Officer | 40 | $0 |
| Ronald Francis Rispoli | Vice President Trustee or director | 10 | $0 |
| Bill Bogdan | Disability Liaison Trustee or director | 40 | $0 |
| Sean Baker | Director Trustee or director | 5 | $0 |
| Steve Woodham | Director Trustee or director | 5 | $0 |
| Nora Bolke | Director Trustee or director | 5 | $0 |
| Dan Koors | Treasurer Trustee or director | 5 | $0 |
| Corissa Leung | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 900 OGDEN AVE 274, DOWNERS GROVE, IL 60515-2829
- Principal officer (990 for 2025)
- JIMMY RAY ELLIOTT, 900 OGDEN AVE 274, CHICAGO, IL 60615
- Signed the 990
- JIMMY RAY ELLIOTT, PRESIDENT
- Return prepared by
- RCS CPAS PLLC
Mission
THE DIVEHEART PROVIDES BARRIER FREE ACTIVITIES AND PROGRAMS FOR INDIVIDUALS WITH DISABILITIES AS A WAY OF REHABITATION, VOCATIONAL DEVELOPMENT AND THERAPEUTIC SUPPORT THROUGH SCUBA DIVING AND SNORKLING SERVICES.
Program accomplishments
- DIVEHEART CONDUCTS ADAPTIVE BUDDY AND INSTRUCTOR TRAINING PROGRAMS AND FACILITIES ADAPTIVE SCUBA PROGRAMS AROUND THE WORLD SO ADAPTIVE DIVE TEAMS CAN SERVE INDIGENOUS PEOPLE IN THEIR COMMUNITIES WHO HAVE DISABILITIES. DIVEHEART CONDUCTS TRIPS AROUND THE WORLD FOR INDIVIDUALS TO EXPERIENCE OPEN WATER SCUBA DIVING.Expenses $368,559
- DIVEHEART PROVIDES EDUCATION AND OUTREACH PROGRAMS SUPPORTING AQUATIC ACTIVITIES FOR INDIVIDUALS WITH DISABILITIES.
- DIVEHEART PROVIDES DIVING EXPERIENCES FOR INDIVIDUALS THROUGH PLANNED TRIPS.
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 | Check at the IRS |
IRS record
- EIN
- 36-4446147
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mental health and crisis intervention (F99)
- Assets (IRS master file)
- $1,863,753
- Income (IRS master file)
- $837,119
Revocation and reinstatement
- Exemption revoked
- May 15, 2024
- Posted by the IRS
- August 12, 2024
- Reinstated
- Effective May 15, 2024
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $790,960 | $618,662 | $1,863,753 | XML |
| 990 | December 2024 | $591,541 | $513,264 | $1,601,133 | XML |
| 990 | December 2020 | – | – | – | 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 36-4446147).
Questions about DIVEHEART FOUNDATION
- What is the EIN of DIVEHEART FOUNDATION?
- The employer identification number (EIN) of DIVEHEART FOUNDATION is 36-4446147.
- Is DIVEHEART FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
- Are donations to DIVEHEART FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DIVEHEART FOUNDATION 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 DIVEHEART FOUNDATION 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 DIVEHEART FOUNDATION 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 DIVEHEART FOUNDATION?
- The 990 for the year ended December 31, 2025 names JIMMY RAY ELLIOTT.
- Who are the officers and directors of DIVEHEART FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does DIVEHEART FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $790,960, expenses of $618,662 and total assets of $1,863,753 at year end.
Other nonprofits in DOWNERS GROVE
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- NAVIGATE ADOLESCENCE INC EIN 20-3687253 · last filed 990-N for 2024
- NORTHERN ILLINOIS DISTRICT 42 AA EIN 36-3297641 · last filed 990-N for 2025
- ADVOCATE HEALTH AND HOSPITALS CORPORATION EIN 36-2169147 · last filed 990 for 2024
- ADVOCATE NORTH SIDE HEALTH NETWORK EIN 36-3196629 · last filed 990 for 2024
- ADVOCATE HEALTH CARE NETWORK EIN 26-2525968 · last filed 990 for 2024
- ADVOCATE SHERMAN HOSPITAL EIN 36-2167920 · last filed 990 for 2024
- MIDWESTERN UNIVERSITY EIN 36-3377698 · last filed 990 for 2025
All nonprofits in DOWNERS GROVE · Illinois · Mental health and crisis intervention