Nonprofit · EIN 47-1625610
ELM INSTITUTE INC
Tax-exempt · NEW HAVEN, CT 06510
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $578,625 | $544,674 | $33,951 | $108,761 | $3,696 | $105,065 |
| December 31, 2024 | 990 | $561,872 | $575,063 | -$13,191 | $74,041 | $2,927 | $71,114 |
| December 31, 2023 | 990 | $450,713 | $483,565 | -$32,852 | $88,848 | $4,544 | $84,304 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $569,725
- of which government grants
- $29,700
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $8,400
- Other revenue
- $8,900
Expenses
- Grants and similar amounts paid
- $109,620
- Compensation of officers, directors and key employees
- $230,000
- Salaries, compensation and benefits (total)
- $291,525
- Professional fundraising fees
- $0
- Accounting fees
- $11,858
- Occupancy
- $42,000
- Travel
- $5,947
- Depreciation
- $1,106
- Program services (functional)
- $431,949
- Management and general (functional)
- $93,013
- Fundraising (functional)
- $19,712
Balance sheet and other
- Total assets, start of year
- $74,041
- Total assets, end of year
- $108,761
- Total liabilities, end of year
- $3,696
- Net assets, end of year
- $105,065
- Land, buildings and equipment
- $2,705
- Net assets without donor restrictions
- $105,065
- Gross receipts
- $578,625
- Employees
- 2
- Year formed
- 2014
- State of legal domicile
- CT
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 |
|---|---|---|---|
| Patrick Hough | CEO Officer, Key employee, Highest-paid employee | 40 | $140,000 |
| Peter Wicks | Director Trustee or director | 40 | $90,000 |
| Mark Berner | Trustee Trustee or director | 1 | $0 |
| Markos Drakotos | Trustee Trustee or director | 1 | $0 |
| Thomas White Esq | Trustee Trustee or director | 1 | $0 |
| Joshua Becker Esq | Trustee Trustee or director | 1 | $0 |
| Joseph Nawrocki | Trustee Trustee or director | 1 | $0 |
| Brian Cashin | Trustee Trustee or director | 1 | $0 |
| Luis Tellez | Chairman Officer | 1 | $0 |
| Danilo Petranovich | Vice President Officer | 1 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patrick Hough | CEO Officer, Key employee, Highest-paid employee | 40 | $140,000 |
| Peter Wicks | Director Trustee or director | 40 | $90,000 |
| Mark Berner | Trustee Trustee or director | 1 | $0 |
| Markos Drakotos | Trustee Trustee or director | 1 | $0 |
| Thomas White Esq | Trustee Trustee or director | 1 | $0 |
| Joshua Becker Esq | Trustee Trustee or director | 1 | $0 |
| Joseph Nawrocki | Trustee Trustee or director | 1 | $0 |
| Brian Cashin | Trustee Trustee or director | 1 | $0 |
| Luis Tellez | Chairman Officer | 1 | $0 |
| Danilo Petranovich | Vice President Officer | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patrick Hough | CEO Officer, Key employee, Highest-paid employee | 40 | $130,000 |
| Peter Wicks | Director Trustee or director | 40 | $90,000 |
| Mark Berner | Trustee Trustee or director | 1 | $0 |
| Markos Drakotos | Trustee Trustee or director | 1 | $0 |
| Thomas White Esq | Trustee Trustee or director | 1 | $0 |
| Joshua Becker Esq | Trustee Trustee or director | 1 | $0 |
| Joseph Nawrocki | Trustee Trustee or director | 1 | $0 |
| Brian Cashin | Trustee Trustee or director | 1 | $0 |
| Ellen Barrosse | Treasurer Officer | 1 | $0 |
| Luis Tellez | Chairman Officer | 1 | $0 |
| Danilo Petranovich | Vice President Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 31 WHITNEY AVE STE 1, NEW HAVEN, CT 06510-1268
- In care of
- % DANILO PETRANOVICH
- Mailing address (990-N for 2014)
- 129 Church Street Suite 500-502, New Haven CT 06510
- Principal officer (990 for 2025)
- Patrick Hough, 31 Whitney Avenue 1st Floor, New Haven, CT 06510
- Principal officer (990-N for 2014)
- Danilo Petranovich, 129 Church Street Suite 500-502, New Haven CT 06510
- Signed the 990
- Patrick Hough, Officer
- Phone
- (732) 600-3733
- Website
- www.elminstitute.org
- Return prepared by
- Douglas Ziegler LLC
Mission
To maintain, develop, and transmit ideas and principles that are integral to preparing young men and women for productive and conscientious lives.
Program accomplishments
- Programs consist of interdisciplinary luncheon seminars with Yale faculty, graduate students and undergraduate students on broadly philosophical themes the organizing of reading groups, colloquia, and seminars on topics in philosophy, political theory, the humanities, and religious studies and the support of programs on these themes at Yale University.Expenses $431,949
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
- 47-1625610
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $108,761
- Income (IRS master file)
- $578,625
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $578,625 | $544,674 | $108,761 | XML |
| 990 | December 2024 | $561,872 | $575,063 | $74,041 | XML |
| 990 | December 2023 | $450,713 | $483,565 | $88,848 | XML |
| 990 | December 2022 | $335,395 | $370,808 | $121,926 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: Danilo Petranovich | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-1625610).
Questions about ELM INSTITUTE INC
- What is the EIN of ELM INSTITUTE INC?
- The employer identification number (EIN) of ELM INSTITUTE INC is 47-1625610.
- Is ELM INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to ELM INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ELM INSTITUTE 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 ELM INSTITUTE 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 ELM INSTITUTE 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 ELM INSTITUTE INC?
- The 990 for the year ended December 31, 2025 names Patrick Hough.
- Who are the officers and directors of ELM INSTITUTE INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 2 received compensation from the organization, the highest $140,000 (Patrick Hough, CEO).
- How much revenue does ELM INSTITUTE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $578,625, expenses of $544,674 and total assets of $108,761 at year end.
Other nonprofits in NEW HAVEN
- CENTRAL CONNECTICUT COAST YOUNG MENS CHRISTIAN ASSOCIATION INC EIN 06-0662195 · last filed 990 for 2025
- NATIONAL DIAPER BANK NETWORK EIN 45-2823935 · last filed 990 for 2025
- FRIENDS CENTER FOR CHILDREN INC EIN 57-1203361 · last filed 990 for 2025
- NEW HAVEN PROMISE INC EIN 81-1267064 · last filed 990 for 2025
- PHYLLIS BODEL CHILDCARE CENTER AT YALE SCHOOL OF MEDICINE INC EIN 06-1007621 · last filed 990 for 2025
- HOPE FOR NEW HAVEN INC EIN 06-1614992 · last filed 990 for 2024
- SQUASH HAVEN INC EIN 20-5500876 · last filed 990 for 2025
- THE PROSPERITY FOUNDATION INC EIN 47-4364468 · last filed 990 for 2024