Nonprofit · EIN 36-4858938
PARKER FOUNDATION INC
Tax-exempt · PISCATAWAY, NJ 08854
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $188,337,223 | $4,876,359 | $183,460,864 | $2,224,348,338 | $41,949,690 | $2,182,398,648 |
| December 31, 2024 | 990 | $75,211,211 | $4,143,866 | $71,067,345 | $1,814,706,304 | $1,003,322 | $1,813,702,982 |
| December 31, 2023 | 990 | $80,020,732 | $4,349,499 | $75,671,233 | $1,768,704,248 | $1,558,222 | $1,767,146,026 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $188,337,223
- Net gain from sales of assets
- $138,350,178
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Management and general (functional)
- $4,876,359
Balance sheet and other
- Total assets, start of year
- $1,814,706,304
- Total assets, end of year
- $2,224,348,338
- Total liabilities, end of year
- $41,949,690
- Net assets, end of year
- $2,182,398,648
- Publicly traded securities
- $2,040,933,476
- Net assets without donor restrictions
- $2,182,398,648
- Gross receipts
- $1,341,431,235
- Employees
- 0
- Volunteers
- 19
- Year formed
- 2015
- State of legal domicile
- NJ
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERTO MUNIZ MPA FLNHA | PRESIDENT/CEO Trustee or director, Officer | 0 | $0 | $797,675 | $72,781 |
| NICHOLAS CARR | CFO Officer | 0 | $0 | $296,250 | $33,154 |
| LINDA SCHWIMMER JD | VICE-CHAIR Trustee or director, Officer | 0 | $0 | $20,000 | $0 |
| JOSEPH G BRAUNREUTHER ESQ | SECRETARY Trustee or director, Officer | 0 | $0 | $20,000 | $0 |
| ALFRED F TALLIA MD MPH | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| CLIFFORD E HOLLAND | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| DENISE BOUDREAU | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| DIANE HILL PHD | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| JOSEPH DOYLE | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| JOSEPH VELDERMAN | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| PENELOPE LATTIMER PHD | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| MAJD ALWAN PHD | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| MARGUERITE K SCHLAG EDD RN | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| WILLIAM P TIBBITT | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| WILLIAM R HAGAMAN JR | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LINDA FLYNN | TRUSTEE Trustee or director | 0 | $0 | $20,000 |
| JOSEPH FERRO MD | TRUSTEE Trustee or director | 0 | $0 | $18,000 |
| JAMES GOLUBIESKI | TRUSTEE Trustee or director | 0 | $0 | $10,000 |
| STEPHEN LANDERS MD | CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| JOHN A PAPA | TREASURER Trustee or director, Officer | 0 | $0 | $0 |
| LAURENCE GUMINA | TRUSTEE Trustee or director | 0 | $0 | $0 |
990 for the year ended December 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERTO MUNIZ MPA FLNHA | PRESIDENT/CEO Trustee or director, Officer | 0 | $0 | $762,170 | $69,513 |
| NICHOLAS CARR | CFO Officer | 0 | $0 | $269,212 | $30,539 |
| MARGUERITE K SCHLAG EDD RN | CHAIR Trustee or director, Officer | 0 | $0 | $25,000 | $0 |
| JOSEPH G BRAUNREUTHER ESQ | SECRETARY Trustee or director, Officer | 0 | $0 | $20,000 | $0 |
| WILLIAM R HAGAMAN JR | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| WILLIAM P TIBBITT | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| ALFRED F TALLIA MD MPH | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| CLIFFORD E HOLLAND | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| PENELOPE LATTIMER PHD | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| MAJD ALWAN PHD | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| JOSEPH DOYLE | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| DENISE BOUDREAU | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| DIANE HILL PHD | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| JOSEPH VELDERMAN | TRUSTEE Trustee or director | 0 | $0 | $20,000 | $0 |
| LINDA SCHWIMMER JD | VICE-CHAIR Trustee or director, Officer | 0 | $0 | $20,000 | $0 |
| JOSEPH FERRO MD | TRUSTEE Trustee or director | 0 | $0 | $18,000 | $0 |
| JOHN A PAPA | TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
| STEPHEN LANDERS MD | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERTO MUNIZ MPA FLNHA | PRESIDENT/CEO Trustee or director, Officer | 0 | $0 | $587,591 | $55,808 |
| EDWARD MATTHEWS | CFO Officer | 0 | $0 | $297,994 | $29,697 |
| MARGUERITE K SCHLAG EDD RN | CHAIR Trustee or director, Officer | 0 | $0 | $0 | $0 |
| SCOTT E TOWNSLEY ESQ | VICE-CHAIR (UNTIL) Trustee or director, Officer | 0 | $0 | $0 | $0 |
| JOHN A PAPA | TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
| JOSEPH G BRAUNREUTHER ESQ | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| WILLIAM R HAGAMAN JR | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| WILLIAM P TIBBITT | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| ALFRED F TALLIA MD MPH | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| JOSEPH FERRO MD | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| CLIFFORD E HOLLAND | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| PENELOPE LATTIMER PHD | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| STEPHEN LANDERS MD | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| JAMES FERRARE | TRUSTEE (UNTIL) Trustee or director | 0 | $0 | $0 | $0 |
| MAJD ALWAN PHD | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| JOSEPH DOYLE | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| LARRY JONES | TRUSTEE (UNTIL) Trustee or director | 0 | $0 | $0 | $0 |
| DENISE BOUDREAU | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| DIANE HILL PHD | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| JOSEPH VELDERMAN | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| LINDA SCHWIMMER JD | VICE-CHAIR Trustee or director, Officer | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1421 RIVER RD, PISCATAWAY, NJ 08854-5818
- In care of
- % JOHN CERMINARO
- Principal officer (990 for 2025)
- ROBERTO MUNIZ, 1421 RIVER ROAD, PISCATAWAY, NJ 08854
- Signed the 990
- NICHOLAS CARR, CFO
- Phone
- (732) 418-8614
- Website
- WWW.PARKERLIFE.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE OBJECTS AND PURPOSES OF THE CORPORATION SHALL BE TO PROVIDE AND PROMOTE A CARE CONTINUUM FOR THE AGING VIA SKILLED NURSING, MEMORY CARE, ASSISTED LIVING, ADULT DAY CARE, REHABILITATION, HEALTHY AGING, AND INTERGENERATIONAL AND OTHER PROGRAMS, TOGETHER WITH CONDUCTING AND ASSISTING RELATED EDUCATION AND RESEARCH BY COORDINATION, PERFORMANCE, AND SUPPORT OF THE OPERATION AND FUNCTIONS AND THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF THE FRANCIS E. PARKER MEMORIAL HOME, INC., PARKER HOME AND COMMUNITY BASED SERVICES INC., THE FRANCIS E. PARKER ASSISTED LIVING CENTER, INC., PARKER AT MONROE, INC., PARKER AT EAST WINDSOR INC., PARKER AT SOMERSET, INC., PARKER REHABILITATION SERVICES, INC. AND OTHER AFFILIATES THAT MAY BE ESTABLISED IN TIME.
Program accomplishments
- PARKER FOUNDATION INC.'S FUNCTION IS TO HOLD AND ADMINISTER CERTAIN SUBSTANTIAL UNRESTRICTED INVESTMENT FUNDS FOR THE BENEFIT OF THE CHARITABLE MISSIONS OF PARKER HEALTH GROUP AND ITS AFFILIATED ENTITIES.0
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 | 990 on file |
IRS record
- EIN
- 36-4858938
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E11)
- Assets (IRS master file)
- $2,224,348,338
- Income (IRS master file)
- $1,341,431,235
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $188,337,223 | $4,876,359 | $2,224,348,338 | XML |
| 990 | December 2024 | $75,211,211 | $4,143,866 | $1,814,706,304 | XML |
| 990 | December 2023 | $80,020,732 | $4,349,499 | $1,768,704,248 | XML |
| 990 | December 2022 | $52,625,120 | $4,472,188 | $1,688,786,679 | 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 36-4858938).
Questions about PARKER FOUNDATION INC
- What is the EIN of PARKER FOUNDATION INC?
- The employer identification number (EIN) of PARKER FOUNDATION INC is 36-4858938.
- Is PARKER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PARKER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does PARKER FOUNDATION 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 PARKER FOUNDATION INC 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 PARKER FOUNDATION INC 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 PARKER FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names ROBERTO MUNIZ.
- Who are the officers and directors of PARKER FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 21 people; 0 received compensation from the organization.
- How much revenue does PARKER FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $188,337,223, expenses of $4,876,359 and total assets of $2,224,348,338 at year end.
Other nonprofits in PISCATAWAY
- PARKER AT SOMERSET INC EIN 47-1944928 · last filed 990 for 2025
- FRANCIS E PARKER MEMORIAL HOME EIN 22-1589209 · last filed 990 for 2025
- PARKER AT MONROE INC EIN 47-1335159 · last filed 990 for 2025
- PARKER REHABILITATION SERVICES INC EIN 47-1958020 · last filed 990 for 2025
- PARKER HOME AND COMMUNITY BASED SERVICES INC EIN 26-1887505 · last filed 990 for 2025
- COURAGE CAPES FOUNDATION EIN 81-4570152 · last filed 990-N for 2025
- INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS INC EIN 13-1656633 · last filed 990 for 2024
- IEEE FOUNDATION INC EIN 23-7310664 · last filed 990 for 2024