Nonprofit · EIN 46-2693345
HOPEWELL VALLEY ARTS COUNCIL INC
Tax-exempt · PENNINGTON, NJ 08534
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $97,191 | $155,829 | -$58,638 | $9,613 | $66,279 | -$56,666 |
| December 31, 2023 | 990-EZ | $160,031 | $149,896 | $10,135 | $20,650 | $18,678 | $1,972 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $44,323
- of which government grants
- $5,000
- Membership dues
- $1,007
- Program service revenue
- $52,667
- Investment income
- $201
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $82,205
- Salaries, compensation and benefits (total)
- $82,205
- Professional fundraising fees
- $0
- Accounting fees
- $10,325
- Program services (functional)
- $121,720
- Management and general (functional)
- $29,108
- Fundraising (functional)
- $5,001
Balance sheet and other
- Total assets, start of year
- $20,650
- Total assets, end of year
- $9,613
- Total liabilities, end of year
- $66,279
- Net assets, end of year
- -$56,666
- Net assets without donor restrictions
- -$56,666
- Gross receipts
- $97,191
- Employees
- 1
- Volunteers
- 65
- Year formed
- 2013
- State of legal domicile
- NJ
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL A LIPSON | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $31,797 |
| DENNIS HAGEN | TRUSTEE Trustee or director | 2 | $600 |
| MICHELLE NEEDHAM | PRESIDENT Trustee or director, Officer | 4 | $0 |
| SUSIE HENKEL | TRUSTEE Trustee or director | 2 | $0 |
| ERWIN HARBAT | TRUSTEE Trustee or director | 2 | $0 |
| STEVE WEBB | TRUSTEE Trustee or director | 2 | $0 |
| GRANT PETERSON | TRUSTEE Trustee or director | 2 | $0 |
| LYNN DECLEMENTE LASAVIO | TRUSTEE Trustee or director | 2 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL A LIPSON | EXECUTIVE DIRECTOR AND TRE | 40 | $52,417 |
| DENNIS HAGEN | TRUSTEE | 5 | $0 |
| CRAIG SHOEFED | TRUSTEE | 5 | $0 |
| ERWIN HARBAT | TRUSTEE | 5 | $0 |
| GAIL GENDLER | TRUSTEE | 5 | $0 |
| MICHELLE NEEDHAM | PRESIDENT | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 62 S MAIN ST, PENNINGTON, NJ 08534-2817
- In care of
- % KATHLEEN P BELTON
- Principal officer (990 for 2024)
- CAROL A LIPSON, PO BOX 145, HOPEWELL, NJ 08525
- Signed the 990
- CAROL A LIPSON, EXECUTIVE DIRECTOR
- Phone
- (609) 281-5887
- Website
- WWW.HVARTSCOUNCIL.ORG
- Return prepared by
- NON-PROFIT ACCOUNTING SOLUTIONS LLC
Mission
CELEBRATE AND PROMOTE ART IN THE EVERYDAY, THEREBY NURTURING A VIBRANT, CREATIVE AND INVOLVED COMMUNITY. BY BROADLY DEFINING THE ARTS, THE COUNCIL'S GOAL IS TO CULTIVATE CREATIVE EXPLORATION AND AWARENESS THROUGH A VARIETY OF EVENTS AND ACTIVITIES THAT ENCOURAGE PARTICIPATION, APPRECIATION AND ARTISTIC VISION.
Program accomplishments
- FUND PROGRAMS, EVENTS AND COMMUNITY SPACES THAT SUPPORT THE VISUAL, PERFORMING, MUSICAL, LITERARY AND CULINARY ARTS IN THE HOPEWELL VALLEY, NEW JERSEY AREA.Expenses $121,720 · revenue $52,667
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-2693345
- 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
- Category (NTEE)
- Arts, culture and humanities (A01)
- Assets (IRS master file)
- $9,613
- Income (IRS master file)
- $97,191
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $97,191 | $155,829 | $9,613 | XML |
| 990-EZ | December 2023 | $160,031 | $149,896 | $20,650 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | 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 46-2693345).
Questions about HOPEWELL VALLEY ARTS COUNCIL INC
- What is the EIN of HOPEWELL VALLEY ARTS COUNCIL INC?
- The employer identification number (EIN) of HOPEWELL VALLEY ARTS COUNCIL INC is 46-2693345.
- Is HOPEWELL VALLEY ARTS COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to HOPEWELL VALLEY ARTS COUNCIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPEWELL VALLEY ARTS COUNCIL 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 HOPEWELL VALLEY ARTS COUNCIL 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 HOPEWELL VALLEY ARTS COUNCIL 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 HOPEWELL VALLEY ARTS COUNCIL INC?
- The 990 for the year ended December 31, 2024 names CAROL A LIPSON.
- Who are the officers and directors of HOPEWELL VALLEY ARTS COUNCIL INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $31,797 (CAROL A LIPSON, EXECUTIVE DIRECTOR).
- How much revenue does HOPEWELL VALLEY ARTS COUNCIL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $97,191, expenses of $155,829 and total assets of $9,613 at year end.
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