Nonprofit · EIN 43-1823556
COLARELLI FAMILY FOUNDATION
Tax-exempt · COLORADO SPGS, CO 80904
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $32,227 | $26,159 | $6,068 | $399,215 | $1 | $399,214 |
| December 31, 2023 | 990-PF | $4,404 | $25,883 | -$21,479 | $393,146 | $0 | $393,146 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $16,103
- Interest
- $16
- Net gain from sales of assets
- $16,108
Expenses
- Grants and similar amounts paid
- $20,846
- Disbursements for charitable purposes
- $20,846
- Excise tax on investment income
- $374
Balance sheet and other
- Total assets, start of year
- $393,146
- Total assets, end of year
- $399,215
- Total liabilities, end of year
- $1
- Net assets, end of year
- $399,214
- Fair market value of assets
- $445,419
- Qualifying distributions
- $20,846
- Net investment income
- $32,227
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 |
|---|---|---|---|
| GINA COLARELLI O'CONNOR 23 ALPINE DRIVE, LATHAM, NY 12110 | Director | 0 | $0 |
| PATRICK O'CONNOR 23 ALPINE DRIVE, LATHAM, NY 12110 | DIRECTOR/TREAS | 0 | $0 |
| ANGELA COLARELLI CARRON 655 N 79TH ST, WAUWATOSA, WI 53213 | Director | 0 | $0 |
| DAVID CARRON 655 N 79TH ST, WAUWATOSA, WI 53213 | Director | 0 | $0 |
| NICK COLARELLI III 8 CHIPPER ROAD, FRONTENAC, MO 63131 | DIRECTOR/PRES | 0 | $0 |
| KAREN COLARELLI 8 CHIPPER ROAD, FRONTENAC, MO 63131 | Director | 0 | $0 |
| VINCENT COLARELLI 3055 SUNNYBROOK LANE, COLORADO SPRINGS, CO 80904 | Director | 0 | $0 |
| JANET COLARELLI 3055 SUNNYBROOK LANE, COLORADO SPRINGS, CO 80904 | DIRECTOR/SECY | 0 | $0 |
| KATY COLARELLI BEATTY 3350 ANGELSTONE POINT, COLORADO SPRINGS, CO 80919 | Director | 0 | $0 |
| CHRIS BEATTY 3350 ANGELSTONE POINT, COLORADO SPRINGS, CO 80919 | Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GINA COLARELLI O'CONNOR 23 ALPINE DRIVE, LATHAM, NY 12110 | Pres & Director | 0 | $0 |
| PATRICK O'CONNOR 23 ALPINE DRIVE, LATHAM, NY 12110 | DIRECTOR | 0 | $0 |
| ANGELA COLARELLI CARRON 655 N 79TH ST, WAUWATOSA, WI 53213 | VP & Director | 0 | $0 |
| DAVID CARRON 655 N 79TH ST, WAUWATOSA, WI 53213 | DIRECTOR | 0 | $0 |
| NICK COLARELLI III 8 CHIPPER ROAD, FRONTENAC, MO 63131 | DIRECTOR | 0 | $0 |
| KAREN COLARELLI 8 CHIPPER ROAD, FRONTENAC, MO 63131 | DIRECTOR | 0 | $0 |
| VINCENT COLARELLI 3055 SUNNYBROOK LANE, COLORADO SPRINGS, CO 80904 | Treas&Director | 0 | $0 |
| JANET COLARELLI 3055 SUNNYBROOK LANE, COLORADO SPRINGS, CO 80904 | DIRECTOR | 0 | $0 |
| KATY COLARELLI BEATTY 3350 ANGELSTONE POINT, COLORADO SPRINGS, CO 80919 | Secy&Director | 0 | $0 |
| CHRIS BEATTY 3350 ANGELSTONE POINT, COLORADO SPRINGS, CO 80919 | DIRECTOR | 0 | $0 |
| DANIEL P O'CONNOR 3206 ROMILLY ROAD, WILMINGTON, DE 19810 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3055 SUNNYBROOK LN, COLORADO SPGS, CO 80904-1118
- In care of
- % NICK J COLARELLI
- Signed the 990-PF
- GINA COLARELLI O'CONNOR, DIRECTOR
- Return prepared by
- Patrick OConnor CPA JD
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
- 43-1823556
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $399,215
- Income (IRS master file)
- $191,937
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $32,227 | $26,159 | $399,215 | IRS |
| 990-PF | December 2023 | $4,404 | $25,883 | $393,146 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 43-1823556).
Questions about COLARELLI FAMILY FOUNDATION
- What is the EIN of COLARELLI FAMILY FOUNDATION?
- The employer identification number (EIN) of COLARELLI FAMILY FOUNDATION is 43-1823556.
- Is COLARELLI FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to COLARELLI FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does COLARELLI FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of COLARELLI FAMILY 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 COLARELLI FAMILY 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 COLARELLI FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does COLARELLI FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $32,227, expenses of $26,159 and total assets of $399,215 at year end.
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All nonprofits in COLORADO SPGS · Colorado · Philanthropy, voluntarism and grantmaking foundations