Nonprofit · EIN 47-1165520
OHIO ISDA COMMUNITY FOUNDATION INC
Tax-exempt · CLEVELAND, OH 44108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $206,275 | $313,622 | -$107,347 | $4,475,362 | $0 | $4,475,362 |
| December 31, 2024 | 990 | $117,228 | $340,799 | -$223,571 | $4,282,172 | $0 | $4,282,172 |
| December 31, 2023 | 990 | $140,396 | $172,241 | -$31,845 | $4,070,082 | $0 | $4,070,082 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $206,275
- Net gain from sales of assets
- $91,467
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $251,500
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,680
- Accounting fees
- $1,750
- Travel
- $1,318
- Program services (functional)
- $313,622
Balance sheet and other
- Total assets, start of year
- $4,282,172
- Total assets, end of year
- $4,475,362
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,475,362
- Publicly traded securities
- $4,464,207
- Gross receipts
- $206,275
- Employees
- 0
- Year formed
- 2014
- State of legal domicile
- OH
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BASIL RUSSO | OFFICER Trustee or director | 0 | $0 |
| MARIE FRANK | OFFICER Trustee or director | 0 | $0 |
| ELAINE CORELLO | OFFICER Trustee or director | 0 | $0 |
| ROGER BEYER | DIRECTOR Trustee or director | 0 | $0 |
| NORMAN LAKATOS | DIRECTOR Trustee or director | 0 | $0 |
| LINDA LAKATOS | DIRECTOR Trustee or director | 0 | $0 |
| PHYLLIS LOPARDO | DIRECTOR Trustee or director | 0 | $0 |
| JUDY ADAM | DIRECTOR Trustee or director | 0 | $0 |
| DAN RICCI | DIRECTOR Trustee or director | 0 | $0 |
| NICK MARCONI | DIRECTOR Trustee or director | 0 | $0 |
| MARY FERRANTE | DIRECTOR Trustee or director | 0 | $0 |
| GABRIELLA ROSALINA | DIRECTOR Trustee or director | 0 | $0 |
| LAURA LUPICA | DIRECTOR Trustee or director | 0 | $0 |
| JAMES FRANK | DIRECTOR Trustee or director | 0 | $0 |
| JOANN WOOD | DIRECTOR Trustee or director | 0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICIA RUSSO | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BASIL RUSSO | OFFICER Trustee or director | 0 | $0 |
| MARIE FRANK | OFFICER Trustee or director | 0 | $0 |
| ELAINE CORELLO | OFFICER Trustee or director | 0 | $0 |
| WILLIAM D'AMICO | DIRECTOR Trustee or director | 0 | $0 |
| ROGER BEYER | DIRECTOR Trustee or director | 0 | $0 |
| JOSEPH ROSALINA | DIRECTOR Trustee or director | 0 | $0 |
| ROSE MARIE D'AMICO | DIRECTOR Trustee or director | 0 | $0 |
| NORMAN LAKATOS | DIRECTOR Trustee or director | 0 | $0 |
| LINDA LAKATOS | DIRECTOR Trustee or director | 0 | $0 |
| PHYLLIS LOPARDO | DIRECTOR Trustee or director | 0 | $0 |
| JUDY ADAM | DIRECTOR Trustee or director | 0 | $0 |
| DAN RICCI | DIRECTOR Trustee or director | 0 | $0 |
| NICK MARCONI | DIRECTOR Trustee or director | 0 | $0 |
| MARY FERRANTE | DIRECTOR Trustee or director | 0 | $0 |
| GABRIELLA ROSALINA | DIRECTOR Trustee or director | 0 | $0 |
| LAURA LUPICA | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BASIL RUSSO | OFFICER Trustee or director | 0 | $0 |
| MARIE FRANK | OFFICER Trustee or director | 0 | $0 |
| ELAINE CORELLO | OFFICER Trustee or director | 0 | $0 |
| WILLIAM D'AMICO | DIRECTOR Trustee or director | 0 | $0 |
| ROGER BEYER | DIRECTOR Trustee or director | 0 | $0 |
| JOSEPH ROSALINA | DIRECTOR Trustee or director | 0 | $0 |
| ROSE MARIE D'AMICO | DIRECTOR Trustee or director | 0 | $0 |
| NORMAN LAKATOS | DIRECTOR Trustee or director | 0 | $0 |
| LINDA LAKATOS | DIRECTOR Trustee or director | 0 | $0 |
| PHYLLIS LOPARDO | DIRECTOR Trustee or director | 0 | $0 |
| JUDY ADAM | DIRECTOR Trustee or director | 0 | $0 |
| DAN RICCI | DIRECTOR Trustee or director | 0 | $0 |
| NICK MARCONI | DIRECTOR Trustee or director | 0 | $0 |
| MARY FERRANTE | DIRECTOR Trustee or director | 0 | $0 |
| GABRIELLA ROSALINA | DIRECTOR Trustee or director | 0 | $0 |
| LAURA LUPICA | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3 SHOREBY DR, CLEVELAND, OH 44108-1161
- In care of
- % BASIL RUSSO
- Principal officer (990 for 2025)
- BASIL RUSSO, 3 SHOREBY DRIVE, CLEVELAND, OH 44108
- Signed the 990
- BASIL RUSSO, officer
- Phone
- (440) 452-6443
- Return prepared by
- CONNER & ASSOCIATES LLP
Mission
THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE, ENCOURAGE AND ENGAGE IN ACTIVITIES THAT FOSTER AWARENESS, EDUCATES WITHIN THE COMMUNITY AT LARGE THE ITALIAN AND ITALIAN-AMERICAN CULTURE, RECREATION, LANGUAGE, EDUCATION, TRADITION, AND HISTORY FOR THE PROMOTION OF SOCIAL WELFARE. TO PROMOTE EDUCATION BY PROVIDING SCHOLARSHIPS, GRANTS OR OTHER FUNDING OR SERVICES TO QUALIFIED STUDENTS AND ORGANIZATIONS.TO WORK IN CONCERT WITH THE ORDER ITALIAN SONS AND DAUGHTERS, OHIO DISTRICT NON-PROFIT CORPORATION, AND TO PROMOTE GOALS AND PROJECTS OF SUCH ORGANIZATION FOR THE PROMOTION OF SOCIAL WELFARE IN THE COMMUNITY AT LARGE, AND IN FURTHERANCE OF THE PURPOSES OF THE CORPORATION.
Program accomplishments
- TO PROMOTE, ENCOURAGE AND ENGAGE IN ACTIVITIES THAT FOSTER AWARENESS WITHIN THE COMMUNITY AT LARGE OF THE ITALIAN AND ITALIAN-AMERICAN CULTURE, RECREATION, LANGUAGE, EDUCATION, TRADITION AND HISTORY FOR THE PROMOTION OF SOCIAL WELFARE.
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1165520
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S80)
- Assets (IRS master file)
- $4,475,362
- Income (IRS master file)
- $206,275
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $206,275 | $313,622 | $4,475,362 | IRS |
| 990 | December 2024 | $117,228 | $340,799 | $4,282,172 | IRS |
| 990 | December 2023 | $140,396 | $172,241 | $4,070,082 | XML |
| 990 | December 2022 | $306,937 | $334,417 | $3,649,844 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 47-1165520).
Questions about OHIO ISDA COMMUNITY FOUNDATION INC
- What is the EIN of OHIO ISDA COMMUNITY FOUNDATION INC?
- The employer identification number (EIN) of OHIO ISDA COMMUNITY FOUNDATION INC is 47-1165520.
- Is OHIO ISDA COMMUNITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2014.
- Are donations to OHIO ISDA COMMUNITY FOUNDATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OHIO ISDA COMMUNITY 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 OHIO ISDA COMMUNITY FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OHIO ISDA COMMUNITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of OHIO ISDA COMMUNITY FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names BASIL RUSSO.
- Who are the officers and directors of OHIO ISDA COMMUNITY FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does OHIO ISDA COMMUNITY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $206,275, expenses of $313,622 and total assets of $4,475,362 at year end.
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