Nonprofit · EIN 47-3911112
PALISADES ELITE
Tax-exempt · STONY POINT, NY 10980
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $290,375 | $284,703 | $5,672 | $0 | $0 | $0 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $290,375
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
- Management and general (functional)
- $284,703
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets, end of year
- $0
- Gross receipts
- $290,375
- Employees
- 0
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 |
|---|---|---|---|
| John VanDunk | Vice President Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 22 THIELLS RD, STONY POINT, NY 10980-3423
- Mailing address (990-N for 2019)
- 22 thiells rd, Stony Point NY 10980
- Principal officer (990-N for 2019)
- Sheanan Martinez, 22 thiells rd, Stony Point NY 10980
- Signed the 990
- John VanDunk, Vice President
- Phone
- (917) 992-5759
- Website
- www.palisadeselite.com
- Return prepared by
- JR Accounting & Tax Services
Mission
The goal of Palisades Elite is to develop each athletes basketball abilities and court sense as well as their cognitive abilities. We have built a brand on that success. Palisades Elite players are student athletes, making an impact on and off the court. Palisades Elite coaches work with both individuals and the team to set and meet personal and collective goals. Alongside excellent coaching, we strive to instill confidence and a strong work ethic through positive reinforcement.
Program accomplishments
- Palisades Elite is currently a corporation, and filing a 503c for the status of being non-profit. This status will allow us to use funding sources to serve children in our community who may need financial assistance. Through grants and donations, we will hire tutors who will be assigned to teams to assist with homework,prepare for tests, and check grades.
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
- 47-3911112
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Income (IRS master file)
- $290,375
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $294,966 | $288,039 | $0 | IRS |
| 990 | December 2022 | $319,459 | $308,855 | $0 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Sheanan Martinez | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about PALISADES ELITE
- What is the EIN of PALISADES ELITE?
- The employer identification number (EIN) of PALISADES ELITE is 47-3911112.
- Is PALISADES ELITE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to PALISADES ELITE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALISADES ELITE 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 PALISADES ELITE 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 PALISADES ELITE 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 PALISADES ELITE?
- The 990-N for 2019 names Sheanan Martinez.
- Who are the officers and directors of PALISADES ELITE?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does PALISADES ELITE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $290,375, expenses of $284,703 and total assets of $0 at year end.
Other nonprofits in STONY POINT
- MINISCEONGO YACHT CLUB INC EIN 13-2583298 · last filed 990 for 2025
- NORTH ROCKLAND HIGH SCHOOL CHEER ASSOCIATION EIN 47-1188932 · last filed 990 for 2025
- JUST FOR FUN BASEBALL EIN 13-3440091 · last filed 990-N for 2024
- NORTH ROCKLAND YOUTH FOOTBALL INC EIN 85-1367258 · last filed 990-N for 2025
- UNITED STATES BOWLING CONGRESS INC EIN 20-4877822 · last filed 990-N for 2025
- STONY POINT AMBULANCE CORPS INC EIN 13-6165490 · last filed 990 for 2024
- FELLOWSHIP OF RECONCILIATION INC EIN 13-3792144 · last filed 990 for 2025
- PRESBYTERIAN PEACE FELLOWSHIP EIN 42-1649589 · last filed 990 for 2024
All nonprofits in STONY POINT · New York · Recreation and sports