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Nonprofit · EIN 37-1355162

HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION

Tax-exempt · BEVERLY, MA 01915

Financials

$525K$88K2024
Revenue Expenses · by fiscal year end
Financials of HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$525,118$87,935$437,183$2,140,707$5,904$2,134,803
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$35,783
Program service revenue
$0
Investment income
$489,335
Net gain from sales of assets
$433,136
Other revenue
$0

Expenses

Grants and similar amounts paid
$67,112
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$12,000
Program services (functional)
$67,112
Management and general (functional)
$20,823

Balance sheet and other

Total assets, start of year
$1,996,002
Total assets, end of year
$2,140,707
Total liabilities, end of year
$5,904
Net assets, end of year
$2,134,803
Publicly traded securities
$1,965,356
Net assets without donor restrictions
$2,010,348
Net assets with donor restrictions
$124,455
Gross receipts
$2,133,468
Employees
0
Volunteers
8
Year formed
1995
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
THOMAS B HUGHES MDPRESIDENT/VICE PRESIDENT
Trustee or director, Officer
1$0
JULIE E ADAMS MDPAST PRESIDENT/PRESIDENT
Trustee or director, Officer
1$0
JONATHAN ISAACSSECRETARY
Trustee or director, Officer
1$0
JOSHUA M ABZUG MDTREASURER
Trustee or director, Officer
1$0
CHERRIE A HEINRICH MDACTIVE MEMBER
Trustee or director
1$0
TRENT GAUSE MDACTIVE MEMBER
Trustee or director
1$0
JANE FEDORCZYK PT PHD CHTAFFILIATE MEMBER
Trustee or director
1$0
ADAM CRELLING OTRL CHTAFFILIATE MEMBER
Trustee or director
1$0
MIGUEL A A PIRELA-CRUZ MD FACSSECRETARY (JAN 2024)
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
500 CUMMINGS CTR STE 4400, BEVERLY, MA 01915-6518
In care of
% ALICE ROMANO
Principal officer (990 for 2024)
THOMAS B HUGHES MD, 500 CUMMINGS CENTER SUITE 4400, BEVERLY, MA 01915
Signed the 990
JOSHUA M ABZUG MD, TREASURER
Phone
(978) 927-8330
Return prepared by
GRASSI & CO CPA'S PC

Mission

TO FOSTER AND PROMOTE THE HIGHEST QUALITY OF HAND CARE THROUGH DEVELOPMENT AND SPONSORSHIP OF GLOBAL PROGRAMS RELATED TO THE HAND AND UPPER EXTREMITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ENDOWMENT MAKES GRANTS AND PROVIDES SUPPORT TO ORGANIZATIONS AND INDIVIDUALS IN THE REALM OF HAND CARE SURGERY AND THERAPY, FOR INTERNATIONAL HAND CARE VOLUNTEERISM, AND TO PURSUE ACADEMIC RESEARCH IN HAND CARE.
    Expenses $67,112 · grants $67,112

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
37-1355162
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
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,140,707
Income (IRS master file)
$2,133,468

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$176,028$113,659$1,996,002IRS
990December 2022$76,810$53,089$1,730,687IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION

What is the EIN of HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION?
The employer identification number (EIN) of HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION is 37-1355162.
Is HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HAND SURGERY ENDOWMENT CHARITABLE 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 HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION 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 HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION 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 HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION?
The 990 for the year ended December 31, 2024 names THOMAS B HUGHES MD.
Who are the officers and directors of HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does HAND SURGERY ENDOWMENT CHARITABLE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $525,118, expenses of $87,935 and total assets of $2,140,707 at year end.

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