Nonprofit · EIN 51-0100699
TRUSTEES OF NEW CASTLE COMMON
Tax-exempt · HST NEWCASTLE, DE 19720
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $4,227,831 | $3,182,097 | $1,045,734 | $19,669,402 | $458,693 | $19,210,709 |
| March 31, 2024 | 990 | $3,892,202 | $3,028,523 | $863,679 | $18,524,486 | $502,606 | $18,021,880 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $872,094
- Net rental income
- $3,355,737
- Net gain from sales of assets
- $472,955
- Other revenue
- $3,355,737
Expenses
- Grants and similar amounts paid
- $634,524
- Other salaries and wages
- $109,108
- Salaries, compensation and benefits (total)
- $117,534
- Professional fundraising fees
- $0
- Legal fees
- $38,430
- Accounting fees
- $41,900
- Occupancy
- $1,359,763
- Depreciation
- $301,518
- Program services (functional)
- $2,879,286
- Management and general (functional)
- $302,811
Balance sheet and other
- Total assets, start of year
- $18,524,486
- Total assets, end of year
- $19,669,402
- Total liabilities, end of year
- $458,693
- Net assets, end of year
- $19,210,709
- Land, buildings and equipment
- $7,787,313
- Publicly traded securities
- $11,353,694
- Net assets without donor restrictions
- $9,604,000
- Net assets with donor restrictions
- $9,606,709
- Gross receipts
- $7,469,348
- Employees
- 6
- Volunteers
- 0
- Year formed
- 1764
- State of legal domicile
- DE
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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TINA L MASIELLO | ASSISTANT SECRETARY Trustee or director, Officer | 2.5 | $0 |
| F DEASCANIS | ASSISTANT TREASURER Trustee or director, Officer | 2.5 | $0 |
| CHRISTOPHER DEASCANIS | PRESIDENT Trustee or director, Officer | 2.5 | $0 |
| MICHAEL J ALFREE SR | SECRETARY Trustee or director, Officer | 2.5 | $0 |
| DAVID A BALDINI | TREASURER Trustee or director, Officer | 2.5 | $0 |
| PETER J TONER | TRUSTEE Trustee or director | 2.5 | $0 |
| THOMAS A EPISCOPO | TRUSTEE Trustee or director | 2.5 | $0 |
| GREGORY T YACUCCI | TRUSTEE Trustee or director | 2.5 | $0 |
| THOMAS L CLAYTON SR | TRUSTEE Trustee or director | 2.5 | $0 |
| THOMAS H WILSON JR | TRUSTEE Trustee or director | 2.5 | $0 |
| MARSHA A CORCORAN | TRUSTEE Trustee or director | 2.5 | $0 |
| FRED G GALLAGHER JR | VICE PRESIDENT Trustee or director, Officer | 2.5 | $0 |
| REGINA S MARINI | TRUSTEE Trustee or director | 2.5 | $0 |
990 for the year ended March 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TINA L MASIELLO | ASSISTANT SECRETARY Trustee or director, Officer | 2.5 | $0 |
| F DEASCANIS | ASSISTANT TREASURER Trustee or director, Officer | 2.5 | $0 |
| CHRISTOPHER DEASCANIS | PRESIDENT Trustee or director, Officer | 2.5 | $0 |
| MICHAEL J ALFREE SR | SECRETARY Trustee or director, Officer | 2.5 | $0 |
| DAVID A BALDINI | TREASURER Trustee or director, Officer | 2.5 | $0 |
| PETER J TONER | TRUSTEE Trustee or director | 2.5 | $0 |
| THOMAS A EPISCOPO | TRUSTEE Trustee or director | 2.5 | $0 |
| GREGORY T YACUCCI | TRUSTEE Trustee or director | 2.5 | $0 |
| THOMAS L CLAYTON SR | TRUSTEE Trustee or director | 2.5 | $0 |
| THOMAS H WILSON JR | TRUSTEE Trustee or director | 2.5 | $0 |
| MARSHA A CORCORAN | TRUSTEE Trustee or director | 2.5 | $0 |
| FRED G GALLAGHER JR | VICE PRESIDENT Trustee or director, Officer | 2.5 | $0 |
| REGINA S MARINI | TRUSTEE Trustee or director | 2.5 | $0 |
Address and contacts
- Address (IRS master file)
- 807 FRENCHTOWN RD, HST NEWCASTLE, DE 19720-4101
- Principal officer (990 for 2024)
- DAVID A BALDINI, 807 FRENCHTOWN ROAD, NEW CASTLE, DE 19720
- Signed the 990
- DAVID A BALDINI, TREASURER
- Phone
- (302) 322-2809
- Website
- WWW.TRUSTEESNCC.ORG
- Return prepared by
- BELFINT LYONS & SHUMAN PA
Mission
TO PRESERVE AND ENHANCE THE ASSETS OF TNCC FOR THE BENEFIT OF THE INHABITANTS OF NEW CASTLE.
Program accomplishments
- BENEFITS FOR THE INHABITANTS AND PRESERVATION OF NEW CASTLE.Expenses $2,879,286 · grants $634,524 · revenue $3,355,737
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0100699
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1962
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S220)
- Assets (IRS master file)
- $19,669,402
- Income (IRS master file)
- $7,469,348
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $4,227,831 | $3,182,097 | $19,669,402 | IRS |
| 990 | March 2024 | $3,892,202 | $3,028,523 | $18,524,486 | XML |
| 990 | March 2023 | $3,057,567 | $2,944,578 | $17,513,772 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 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 51-0100699).
Questions about TRUSTEES OF NEW CASTLE COMMON
- What is the EIN of TRUSTEES OF NEW CASTLE COMMON?
- The employer identification number (EIN) of TRUSTEES OF NEW CASTLE COMMON is 51-0100699.
- Is TRUSTEES OF NEW CASTLE COMMON tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
- Are donations to TRUSTEES OF NEW CASTLE COMMON tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does TRUSTEES OF NEW CASTLE COMMON 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 TRUSTEES OF NEW CASTLE COMMON due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRUSTEES OF NEW CASTLE COMMON last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of TRUSTEES OF NEW CASTLE COMMON?
- The 990 for the year ended March 31, 2025 names DAVID A BALDINI.
- Who are the officers and directors of TRUSTEES OF NEW CASTLE COMMON?
- The 990 for the year ended March 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does TRUSTEES OF NEW CASTLE COMMON have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $4,227,831, expenses of $3,182,097 and total assets of $19,669,402 at year end.
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All nonprofits in HST NEWCASTLE · Delaware · Community improvement and capacity building