Nonprofit · EIN 47-2912947
323 SBS FUND INC
Tax-exempt · TRENTON, NJ 08608
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $35,329 | $35,000 | $329 | $955,714 | $0 | $955,714 |
| December 31, 2024 | 990 | $0 | $25,000 | -$25,000 | $867,866 | $0 | $867,866 |
| December 31, 2023 | 990 | $14,964 | $29,231 | -$14,267 | $746,191 | $0 | $746,191 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $35,329
- Other revenue
- $0
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)
- $35,000
Balance sheet and other
- Total assets, start of year
- $867,866
- Total assets, end of year
- $955,714
- Total liabilities, end of year
- $0
- Net assets, end of year
- $955,714
- Publicly traded securities
- $930,658
- Gross receipts
- $35,329
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2015
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Albert Cowell | Trustee Trustee or director, Officer | 2 | $0 |
| David Smith | Trustee Trustee or director | 1 | $0 |
| Richard Sword | Trustee Trustee or director, Officer | 1 | $0 |
| Raymond Kolison | Trustee Trustee or director | 1 | $0 |
| Debra Burd | Trustee Trustee or director, Officer | 1 | $0 |
| Dennis McKithen | Trustee Trustee or director, Officer | 1 | $0 |
| Paul Goepfert | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Albert Cowell | Trustee Trustee or director, Officer | 2 | $0 |
| David Smith | Trustee Trustee or director, Officer | 1 | $0 |
| Richard Sword | Trustee Trustee or director, Officer | 2 | $0 |
| Raymond Kolison | Trustee Trustee or director | 1 | $0 |
| Debra Burd | Trustee Trustee or director, Officer | 1 | $0 |
| Dennis McKithen | Trustee Trustee or director, Officer | 2 | $0 |
| Paul Goepfert | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Albert Cowell | Trustee Trustee or director, Officer | 2 | $0 |
| David Smith | Trustee Trustee or director | 2 | $0 |
| Richard Sword | Trustee Trustee or director | 2 | $0 |
| Raymond Kolison | Trustee Trustee or director | 2 | $0 |
| Debra Burd | Trustee Trustee or director | 2 | $0 |
| Dennis McKithen | Trustee Trustee or director, Officer | 2 | $0 |
| Paul Goepfert | Trustee Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 323 SOUTH BROAD STREET, TRENTON, NJ 08608-2503
- Principal officer (990 for 2025)
- Richard Sword, c/o 323 SBS Fund, 323 South Broad Street, Trenton, NJ 08608
- Signed the 990
- Richard Sword, Trustee
- Phone
- (609) 865-4558
Mission
The 323 SBS Fund is a charitable fund supporting the general mission of Luther Arms,Inc -a Lutheran Church related housing facility in Trenton,NJ
Program accomplishments
- The 323 SBS,Inc Fund is a 501c-3 organization which exists to supplement and enhance the general lives of the Luther Arms,Inc Housing Community,a Sect 8/202 HUD sponsored Housing facility in Trenton,NJ. The Fund conducts an Annual Round of Community Support through the distributiion of some percentage of it's assets and income to Church Related and Not for Profit Community Organizations in the local Mercer County,NJ Area. The Luther Arms Building has 150 Apartments available for rent.Expenses $35,000 · grants $35,000 · revenue $35,422
- The 323 SBS Fund began it's charitable activity in 2019.The Fund Management is further exploring the appropriate time frame for charitable activity but it is expected to generate one round of giving per year-the target is four/ five charitable gifts per year.grants $35,000 · revenue $35,423
- The 323 SBS Fund is a charitable organization organized to generally support the work of the Luther Arms Apartment Building --a Lutheran Church affiliated 501[c]3 located in Trenton,NJ.0
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 47-2912947
- 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-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L12)
- Assets (IRS master file)
- $955,714
- Income (IRS master file)
- $35,329
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $35,329 | $35,000 | $955,714 | IRS |
| 990 | December 2024 | $0 | $25,000 | $867,866 | IRS |
| 990 | December 2023 | $14,964 | $29,231 | $746,191 | XML |
| 990 | December 2022 | $20,011 | $28,000 | $645,428 | 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 47-2912947).
Questions about 323 SBS FUND INC
- What is the EIN of 323 SBS FUND INC?
- The employer identification number (EIN) of 323 SBS FUND INC is 47-2912947.
- Is 323 SBS FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to 323 SBS FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 323 SBS FUND INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of 323 SBS FUND 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 323 SBS FUND 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 323 SBS FUND INC?
- The 990 for the year ended December 31, 2025 names Richard Sword.
- Who are the officers and directors of 323 SBS FUND INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does 323 SBS FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $35,329, expenses of $35,000 and total assets of $955,714 at year end.
Other nonprofits in TRENTON
- ISLES INC EIN 22-2350832 · last filed 990 for 2024
- HOUSING AND COMMUNITY DEVELOPMENT NETWORK OF NEW JERSEY INC EIN 22-2982197 · last filed 990 for 2024
- BETTER COMMUNITY HOUSING OF TRENTON INC EIN 23-7229294 · last filed 990 for 2024
- 76 1 2 LINDEN LANE INC EIN 22-3416044 · last filed 990-EZ for 2025
- PARKWAY AVENUE INC EIN 22-3669249 · last filed 990-N for 2025
- HOUSING & COMMUNITY DEVELOPMENT NETWORK ACTION FUND EIN 33-2252261 · last filed 990-N for 2025
- HELP SELF COMMUNITY DEVELOPMENT CORPORATION EIN 22-3849068 · last filed 990-N for 2023
- REVIVAL FOUNDATION EIN 99-1709248 · last filed 990-N for 2024
All nonprofits in TRENTON · New Jersey · Housing and shelter