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Nonprofit · EIN 38-2908362

CRONIN FOUNDATION

Tax-exempt · MARSHALL, MI 49068

Financials

$1M$952K2023$1.1M$994K2024
Revenue Expenses · by fiscal year end
Financials of CRONIN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF (amended)$1,115,364$993,879$121,485$12,230,953$0$12,230,953
December 31, 2023990-PF$1,010,020$951,714$58,306$12,109,690$0$12,109,690
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$464,830
Interest
$723
Net gain from sales of assets
$649,811

Expenses

Grants and similar amounts paid
$932,103
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Disbursements for charitable purposes
$968,778
Excise tax on investment income
$14,618

Balance sheet and other

Total assets, start of year
$12,109,690
Total assets, end of year
$12,230,953
Total liabilities, end of year
$0
Net assets, end of year
$12,230,953
Fair market value of assets
$20,380,270
Qualifying distributions
$968,778
Net investment income
$1,108,516

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.

NameTitleHours / weekCompensation
Mark O'Connell
70 Cameo Drive, Flat Rock, NC 28731
President0.2$0
David J DeGraw
203 East Michigan Avenue, Marshall, MI 49068
Vice President0.2$0
Ronald J DeGraw
203 East Michigan Avenue, Marshall, MI 49068
Secretary/Treasurer1.75$0
James Schwartz
323 West Michigan Ave, Marshall, MI 49068
Board Member0.05$0
Becky Jones
100 East Green St, Marshall, MI 49068
Board Member0.2$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Mark O'Connell
70 Cameo Drive, Flat Rock, NC 28731
President0.2$0
David J DeGraw
203 East Michigan Avenue, Marshall, MI 49068
Vice President0.2$0
Ronald J DeGraw
203 East Michigan Avenue, Marshall, MI 49068
Secretary/Treasurer1.75$0
James Schwartz
323 West Michigan Ave, Marshall, MI 49068
Board Member0.05$0
Becky Jones
100 East Green St, Marshall, MI 49068
Board Member0.2$0

Address and contacts

Address (IRS master file)
203 E MICHIGAN AVE, MARSHALL, MI 49068-1545
Signed the 990-PF
Ronald J DeGraw, Secretary/Treasurer
Phone
(269) 781-9851
Return prepared by
Schroeder DeGraw PLLC

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

IRS record

EIN
38-2908362
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
1990
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$12,230,953
Income (IRS master file)
$1,940,483

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,115,364$993,879$12,230,953IRS
990-PFDecember 2023$1,010,020$951,714$12,109,690XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 38-2908362).

Questions about CRONIN FOUNDATION

What is the EIN of CRONIN FOUNDATION?
The employer identification number (EIN) of CRONIN FOUNDATION is 38-2908362.
Is CRONIN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to CRONIN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CRONIN FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CRONIN 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 CRONIN FOUNDATION 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 CRONIN FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does CRONIN FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,115,364, expenses of $993,879 and total assets of $12,230,953 at year end.

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