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Nonprofit · EIN 46-1245372

OCONNELL ORGANIZATION FAMILY FOUNDATION INC

Also known as GREGORY OCONNELL

Tax-exempt · BROOKLYN, NY 11231

Financials

$148K$1.1M2023$554K$128K2024
Revenue Expenses · by fiscal year end
Financials of OCONNELL ORGANIZATION FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$554,004$128,000$426,004$5,250,642$6,200$5,244,442
December 31, 2023990$148,327$1,060,150-$911,823$4,818,438$0$4,818,438
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$19,582
Program service revenue
$0
Investment income
$0
Other revenue
$534,422

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$128,000

Balance sheet and other

Total assets, start of year
$4,818,438
Total assets, end of year
$5,250,642
Total liabilities, end of year
$6,200
Net assets, end of year
$5,244,442
Publicly traded securities
$3,615,299
Net assets without donor restrictions
$5,244,442
Gross receipts
$554,004
Employees
0
Year formed
2014
State of legal domicile
NY

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
BRIAN MCCORMICHMEMBER
Trustee or director, Officer
5$0
GREGORY O'CONNELLMEMBER
Officer
5$0
ELIZABETH O'CONNELLMEMBER
Officer
5$0
MICHAEL O'CONNELLMEMBER
Officer
5$0
GREGORY T O'CONNELLMEMBER
Officer
5$0
JEROME ARMERMEMBER
Officer
5$0
JOSEPH ANASTASIMEMBER
Officer
5$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
BRIAN MCCORMICHMEMBER
Trustee or director, Officer
5$0
GREGORY O'CONNELLMEMBER
Officer
5$0
ELIZABETH O'CONNELLMEMBER
Officer
5$0
MICHAEL O'CONNELLMEMBER
Officer
5$0
GREGORY T O'CONNELLMEMBER
Officer
5$0
JEROME ARMERMEMBER
Officer
5$0
JOSEPH ANASTASIMEMBER
Officer
5$0

Address and contacts

Address (IRS master file)
175 VAN DYKE ST STE 322A, BROOKLYN, NY 11231-1083
Principal officer (990 for 2024)
GREGORY O'CONNER, 175 VAN DYKE STREET SUITE 322A, BROOKLYN, NY 11231
Signed the 990
GREGORY O'CONNER, PRESIDENT
Phone
(718) 624-0160
Return prepared by
RAYMOND SAYLOR CPA INC

Mission

To encourage the preservation of the architectural character and diversity of the Red Hook neighborhood in the City of Brooklyn, Kings County, and to take such actions as are necessary and useful to promote that goal.

990 for the year ended December 31, 2024

Program accomplishments

  • PRESERVATION OF COMMUINITY
    Expenses $128,000

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
46-1245372
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,250,642
Income (IRS master file)
$554,004

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$554,004$128,000$5,250,642IRS
990December 2023$148,327$1,060,150$4,818,438XML
990December 2022$144,002$480,866$5,730,261IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 46-1245372).

Questions about OCONNELL ORGANIZATION FAMILY FOUNDATION INC

What is the EIN of OCONNELL ORGANIZATION FAMILY FOUNDATION INC?
The employer identification number (EIN) of OCONNELL ORGANIZATION FAMILY FOUNDATION INC is 46-1245372.
Is OCONNELL ORGANIZATION FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to OCONNELL ORGANIZATION FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OCONNELL ORGANIZATION FAMILY 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 OCONNELL ORGANIZATION FAMILY FOUNDATION INC 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 OCONNELL ORGANIZATION FAMILY FOUNDATION INC 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 OCONNELL ORGANIZATION FAMILY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names GREGORY O'CONNER.
Who are the officers and directors of OCONNELL ORGANIZATION FAMILY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does OCONNELL ORGANIZATION FAMILY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $554,004, expenses of $128,000 and total assets of $5,250,642 at year end.

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