Nonprofit · EIN 42-1480934
MOLINARO FAMILY CHARITABLE FOUNDATION
Tax-exempt · WATERLOO, IA 50701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $222,626 | $230,615 | -$7,989 | $3,810,877 | $4,160 | $3,806,717 |
| December 31, 2023 | 990-PF | $145,659 | $190,487 | -$44,828 | $3,816,761 | $2,055 | $3,814,706 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $156,158
- Interest
- $8
- Net gain from sales of assets
- $66,460
Expenses
- Grants and similar amounts paid
- $195,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $195,000
- Excise tax on investment income
- $3,095
Balance sheet and other
- Total assets, start of year
- $3,816,761
- Total assets, end of year
- $3,810,877
- Total liabilities, end of year
- $4,160
- Net assets, end of year
- $3,806,717
- Fair market value of assets
- $4,295,104
- Qualifying distributions
- $195,000
- Net investment income
- $222,626
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frances Molinaro 1409 Olympic Drive, Waterloo, IA 50701 | President & director | 1 | $0 |
| Bryan Molinaro-Blonigan 2532 Augusta Circle, Waterloo, IA 50701 | Vice-Pres & director | 1 | $0 |
| Shirley Schweertman 420 Beck Street, Waterloo, IA 50701 | Secretary & director | 1 | $0 |
| Robin Molinaro-Blonigan 2532 Augusta Circle, Waterloo, IA 50701 | Treasurer & director | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frances Molinaro 1409 Olympic Drive, Waterloo, IA 50701 | President & director | 1 | $0 |
| Bryan Molinaro-Blonigan 2532 Augusta Circle, Waterloo, IA 50701 | Vice-Pres & director | 1 | $0 |
| Shirley Schweertman 420 Beck Street, Waterloo, IA 50701 | Secretary & director | 1 | $0 |
| Robin Molinaro-Blonigan 2532 Augusta Circle, Waterloo, IA 50701 | Treasurer & director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1409 OLYMPIC DR, WATERLOO, IA 50701-4640
- In care of
- % ROBERT J MOLINARO
- Signed the 990-PF
- Frances Molinaro, President
- Phone
- (319) 233-5474
- Return prepared by
- Stan Hansen CPA Mtax
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 42-1480934
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $3,810,877
- Income (IRS master file)
- $482,221
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $222,626 | $230,615 | $3,810,877 | XML |
| 990-PF | December 2023 | $145,659 | $190,487 | $3,816,761 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 42-1480934).
Questions about MOLINARO FAMILY CHARITABLE FOUNDATION
- What is the EIN of MOLINARO FAMILY CHARITABLE FOUNDATION?
- The employer identification number (EIN) of MOLINARO FAMILY CHARITABLE FOUNDATION is 42-1480934.
- Is MOLINARO FAMILY CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to MOLINARO FAMILY CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MOLINARO FAMILY CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MOLINARO FAMILY 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 MOLINARO FAMILY CHARITABLE 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 MOLINARO FAMILY CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MOLINARO FAMILY CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $222,626, expenses of $230,615 and total assets of $3,810,877 at year end.
Other nonprofits in WATERLOO
- BOB AND LIZ PETERSEN FAMILY FOUNDATION EIN 33-2042542 · last filed 990-PF for 2024
- WATERLOO COMMUNITY FOUNDATION EIN 47-3373953 · last filed 990 for 2025
- CEDAR VALLEY UNITED WAY EIN 42-0801846 · last filed 990 for 2024
- VAN G MILLER FAMILY CHARITABLE FOUNDATION EIN 81-1175024 · last filed 990-PF for 2025
- DUROE FAMILY FOUNDATION EIN 42-1474694 · last filed 990-PF for 2024
- LINGE FOUNDATION EIN 42-6587447 · last filed 990-PF for 2025
- THIEP COMMUNITY ASSOCIATION TCA INC EIN 87-1485895 · last filed 990-N for 2025
- FRIENDS OF THE GILBERTVILLE DEPOT EIN 45-5184106 · last filed 990-N for 2025
All nonprofits in WATERLOO · Iowa · Philanthropy, voluntarism and grantmaking foundations