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Nonprofit · EIN 47-1689125

UPMOBILITY FOUNDATION INC

Tax-exempt · LITTLE FALLS, NY 13365

Financials

$9.7M$2.5M2022$21.7M$4.7M2023$5.4M$6.8M2024
Revenue Expenses · by fiscal year end
Financials of UPMOBILITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,417,379$6,771,875-$1,354,496$21,216,143$1,701,575$19,514,568
December 31, 2023990-PF (amended)$21,658,900$4,738,721$16,920,179$24,202,521$0$24,202,521
December 31, 2022990-PF (amended)$9,748,970$2,501,221$7,247,749$15,318,727$0$15,318,727
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,239,128
Dividends
$481,361
Interest
$275,114
Net gain from sales of assets
$2,315,901
Other income
$105,875

Expenses

Grants and similar amounts paid
$6,100,871
Compensation of officers, directors and key employees
$121,700
Salaries, compensation and benefits (total)
$40,000
Disbursements for charitable purposes
$6,271,825
Excise tax on investment income
$37,227

Balance sheet and other

Total assets, start of year
$24,202,522
Total assets, end of year
$21,216,143
Total liabilities, end of year
$1,701,575
Net assets, end of year
$19,514,568
Fair market value of assets
$21,216,143
Qualifying distributions
$6,271,825
Net investment income
$3,178,251

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.

NameTitleHours / weekCompensation
Peggy O'Shea
194 Dover Road, Barneveld, NY 13304
Interim Executive Director1$121,700
Martin Babinec
28 Waverly Pl, Little Falls, NY 13365
Director/President/Treasurer1$0
Michael Sciotti
7383 Burke Road, Jamesville, NY 13078
Chief Financial Officer1$0
Kevin Crosley
350 S Washington Street, Herkimer, NY 13350
Board Member2$0
Randall VanWagoner
1101 Sherman Drive, Utica, NY 13501
Board Member2$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
PEGGY O'SHEA
194 DOVER ROAD, BARNEVELD, NY 13304
INTERIM EXECUTIVE DIRECTOR1$86,000
MARTIN BABINEC
28 WAVERLY PL, LITTLE FALLS, NY 13365
DIRECTOR/PRESIDENT/TREASURER1$0
MICHAEL SCIOTTI
7383 BURKE ROAD, JAMESVILLE, NY 13078
CHIEF FINANCIAL OFFICER1$0
DAVE READ
273 W MAIN ST, LITTLE FALLS, NY 13365
DIRECTOR1$0
990-PF for the year ended December 31, 2022: 7 people
NameTitleHours / weekCompensation
KEVIN LANGLEY
5949 GOODWOOD AVENUE, BATON ROUGE, LA 70806
SECRETARY/ EXECUTIVE DIRECTOR1$78,125
PEGGY O'SHEA
194 DOVER ROAD, BARNEVELD, NY 13304
DIRECTOR, CORPORATE SECRETARY1$50,400
MICHAEL SCIOTTI
7383 BURKE ROAD, JAMESVILLE, NY 13078
CHIEF FINANCIAL OFFICER1$14,375
MARTIN BABINEC
28 WAVERLY PL, LITTLE FALLS, NY 13365
DIRECTOR/PRESIDENT/TREASURER1$0
ANDREA BABINEC
28 WAVERLY PL, LITTLE FALLS, NY 13365
ADVISOR1$0
KRISTA BABINEC
28 WAVERLY PL, LITTLE FALLS, NY 13365
ADVISOR1$0
DAVE READ
273 W MAIN ST, LITTLE FALLS, NY 13365
DIRECTOR1$0

Address and contacts

Address (IRS master file)
28 WAVERLY PL, LITTLE FALLS, NY 13365-1534
In care of
% UPVENTURES HOLDINGS LLC
Signed the 990-PF
Michael Sciotti, CFO
Phone
(315) 823-2200
Return prepared by
Rockefeller & Co LLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-1689125
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
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$21,216,143
Income (IRS master file)
$10,434,103

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,417,379$6,771,875$21,216,143XML
990-PFDecember 2023$21,658,900$4,738,721$24,202,521XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 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 47-1689125).

Questions about UPMOBILITY FOUNDATION INC

What is the EIN of UPMOBILITY FOUNDATION INC?
The employer identification number (EIN) of UPMOBILITY FOUNDATION INC is 47-1689125.
Is UPMOBILITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to UPMOBILITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does UPMOBILITY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of UPMOBILITY 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 UPMOBILITY FOUNDATION INC 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 UPMOBILITY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $121,700 (Peggy O'Shea, Interim Executive Director).
How much revenue does UPMOBILITY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,417,379, expenses of $6,771,875 and total assets of $21,216,143 at year end.

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