Nonprofit · EIN 36-4638098
PALAEMON INC
Tax-exempt · BARNSTABLE, MA 02630
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $494,012 | $587,866 | -$93,854 | $1,982,914 | $1,079,140 | $903,774 |
| June 30, 2023 | 990 | $1,465,881 | $644,883 | $820,998 | $2,075,239 | $1,091,785 | $983,454 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $300
- Program service revenue
- $493,712
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $203,102
- Salaries, compensation and benefits (total)
- $233,155
- Professional fundraising fees
- $0
- Accounting fees
- $10,550
- Occupancy
- $107,266
- Travel
- $2,111
- Depreciation
- $67,944
- Program services (functional)
- $513,307
- Management and general (functional)
- $74,559
Balance sheet and other
- Total assets, start of year
- $2,075,239
- Total assets, end of year
- $1,982,914
- Total liabilities, end of year
- $1,079,140
- Net assets, end of year
- $903,774
- Land, buildings and equipment
- $1,958,543
- Net assets without donor restrictions
- $903,774
- Gross receipts
- $494,012
- Employees
- 2
- Year formed
- 2008
- State of legal domicile
- MA
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER MAIOCCA | TREASURER Trustee or director, Officer | 96 | $93,100 | $13,500 |
| JAMES O'CONNELL | PRESIDENT Trustee or director, Officer | 96 | $93,100 | $13,500 |
| AMY CARROLL | DIRECTOR Trustee or director | 0 | $0 | $0 |
| JOHN C CARTWRIGHT | CLERK Trustee or director | 0 | $0 | $0 |
| BRETT DUBNER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| LAURIE SULLIVAN | DIRECTOR Trustee or director | 0 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER MAIOCCA | TREASURER Officer | 100 | $103,320 |
| JAMES O'CONNELL | PRESIDENT Officer | 100 | $103,320 |
| AMY CARROLL | TRUSTEE/DIRE Trustee or director | 0.2 | $0 |
| JOHN C CARTWRIGHT | CLERK Trustee or director | 0.2 | $0 |
| BRETT DUBNER | DIRECTOR Trustee or director | 0.2 | $0 |
| JENNIFER MAIOCCA | DIRECTOR Trustee or director, Officer | 0.2 | $0 |
| JAMES R O'CONNELL | DIRECTOR Trustee or director, Officer | 0.2 | $0 |
| DUSTIN G PINEAU | DIRECTOR Trustee or director | 0.2 | $0 |
| LAURIE SULLIVAN | DIRECTOR Trustee or director | 0.2 | $0 |
Address and contacts
- Address (IRS master file)
- 3660 MAIN ST, BARNSTABLE, MA 02630-1732
- Principal officer (990 for 2023)
- JAMES O'CONNELL, 3401 MAIN STREET, BARNSTABLE, MA 02630
- Signed the 990
- JENNIFER MAIOCCA, TREASURER
- Phone
- (508) 395-0068
- Website
- WWW.PALAEMONHOUSE.ORG
- Return prepared by
- CRABTREE CPA & ASSOCIATES
Mission
TO EMPOWER YOUNG ADULTS WITH DEVELOPMENTAL LEARNING DISABILITIES TOWARDS AN INDEPENDENT LIFESTYLE BY PROVIDING A GROUP HOME WITH A STABLE ENVIRONMENT WITHIN WHICH TO DEVELOP THE SKILLS NEEDED TO ACCOMPLISH THEIR INDEPENDENCE.
Program accomplishments
- PROVIDE SAFE HOUSING FOR RESIDENTS SO THEY HAVE A STABLE NURTURING ENVIRONMENT TO LEARN AND DEVELOP THE NECESSARY SKILLS AND AWARENESS THAT WILL ENABLE THEM TO LIVE HEALTHY AND HAPPY INDEPENDENT LIVES.Expenses $427,158 · revenue $493,712
- TO TEACH PROPER NUTRITION AND EATING HABITS BY PROVIDING HEALTHY FOOD AND COOKING INSTRUCTION TO HELP SUSTAIN HEALTHY AND PRODUCTIVE LIVES FOR THE RESIDENTS.Expenses $76,659
- PROVIDE SOCIAL INTERACTION AND PHYSICAL ACTIVITY TO RESIDENTS BY TAKING THEM ON FIELD TRIPS TO PARTICIPATE IN SPORTING EVENTS AND RECREATIONAL ACTIVITIES TO HELP DEVELOP SOCIAL SKILLS AND PHYSICAL FITNESS.Expenses $9,490
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 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 36-4638098
- 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
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L40)
- Assets (IRS master file)
- $1,982,914
- Income (IRS master file)
- $494,012
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $494,012 | $587,866 | $1,982,914 | XML |
| 990 | June 2023 | $1,465,881 | $644,883 | $2,075,239 | XML |
| 990 | June 2022 | $498,902 | $503,659 | $593,024 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 36-4638098).
Questions about PALAEMON INC
- What is the EIN of PALAEMON INC?
- The employer identification number (EIN) of PALAEMON INC is 36-4638098.
- Is PALAEMON INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to PALAEMON INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALAEMON 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 PALAEMON 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 PALAEMON INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of PALAEMON INC?
- The 990 for the year ended June 30, 2024 names JAMES O'CONNELL.
- Who are the officers and directors of PALAEMON INC?
- The 990 for the year ended June 30, 2024 lists 6 people; 2 received compensation from the organization, the highest $93,100 (JENNIFER MAIOCCA, TREASURER).
- How much revenue does PALAEMON INC have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $494,012, expenses of $587,866 and total assets of $1,982,914 at year end.
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