Nonprofit · EIN 52-1556076
SCHUMANN FUND FOR NEW JERSEY INC
Tax-exempt · MONTCLAIR, NJ 07042
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,464,912 | $2,352,652 | -$887,740 | $33,653,933 | $480,628 | $33,173,305 |
| December 31, 2023 | 990-PF | $2,206,106 | $2,282,642 | -$76,536 | $32,343,862 | $379,180 | $31,964,682 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $361,775
- Interest
- $100,318
- Net gain from sales of assets
- $958,656
- Other income
- $44,163
Expenses
- Grants and similar amounts paid
- $1,493,754
- Compensation of officers, directors and key employees
- $226,044
- Salaries, compensation and benefits (total)
- $85,069
- Disbursements for charitable purposes
- $1,932,531
- Excise tax on investment income
- $16,827
Balance sheet and other
- Total assets, start of year
- $32,343,862
- Total assets, end of year
- $33,653,933
- Total liabilities, end of year
- $480,628
- Net assets, end of year
- $33,173,305
- Fair market value of assets
- $33,653,933
- Qualifying distributions
- $1,932,531
- Net investment income
- $1,571,929
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LUCY VANDENBERG 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | EXECUTIVE DIRECTOR | 45 | $226,044 | $50,808 |
| KAMILLE OLIVEIRA 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | PROGRAM ASSOCIATE Highest-paid employee | 40 | $56,814 | $7,316 |
| BARBARA BELL COLEMAN RETIRED 1224 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | TRUSTEE | 1 | $0 | $0 |
| MARTHA BONSAL DAY 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | CHAIR | 3 | $0 | $0 |
| ROGER PRATT 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | SECRETARY/TREASURER | 3 | $0 | $0 |
| CHRISTOPHER DAGGETT 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | VICE CHAIR | 1 | $0 | $0 |
| LEONARD S COLEMAN 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | TRUSTEE | 1 | $0 | $0 |
| RHONDA ROBINSON BEGAN 124 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | TRUSTEE | 1 | $0 | $0 |
| CARLOS LEJNIEKS BEGAN 124 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | TRUSTEE | 1 | $0 | $0 |
| JOSEPH MATARA BEGAN 124 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | TRUSTEE | 1 | $0 | $0 |
| MARLA HIGGINBOTHAM BEGAN 124 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | TRUSTEE | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LUCY VANDENBERG BEGINNING 112023 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | EXECUTIVE DIRECTOR | 45 | $218,400 | $50,832 |
| KAMILLE OLIVEIRA 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | PROGRAM ASSOCIATE Highest-paid employee | 40 | $58,907 | $769 |
| BARBARA BELL COLEMAN 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | TRUSTEE | 1 | $0 | $0 |
| MARTHA BONSAL DAY 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | CHAIR | 3 | $0 | $0 |
| ROGER PRATT 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | SECRETARY/TREASURER | 3 | $0 | $0 |
| ANTHONY CICATIELLO 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | TRUSTEE | 1 | $0 | $0 |
| CHRISTOPHER DAGGETT 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | VICE CHAIR | 1 | $0 | $0 |
| LEONARD S COLEMAN 21 VAN VLECK STREET, MONTCLAIR, NJ 07042 | TRUSTEE | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 21 VAN VLECK STREET, MONTCLAIR, NJ 07042-2373
- In care of
- % LUCIA VANDENBERG
- Signed the 990-PF
- LUCY VANDENBERG, EXECUTIVE DIRECTOR
- Phone
- (973) 509-9883
- Website
- HTTP://SCHUMANNFUND.ORG
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 52-1556076
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $33,653,933
- Income (IRS master file)
- $4,398,279
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,464,912 | $2,352,652 | $33,653,933 | XML |
| 990-PF | December 2023 | $2,206,106 | $2,282,642 | $32,343,862 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 52-1556076).
Questions about SCHUMANN FUND FOR NEW JERSEY INC
- What is the EIN of SCHUMANN FUND FOR NEW JERSEY INC?
- The employer identification number (EIN) of SCHUMANN FUND FOR NEW JERSEY INC is 52-1556076.
- Is SCHUMANN FUND FOR NEW JERSEY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to SCHUMANN FUND FOR NEW JERSEY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SCHUMANN FUND FOR NEW JERSEY INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SCHUMANN FUND FOR NEW JERSEY 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 SCHUMANN FUND FOR NEW JERSEY 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 SCHUMANN FUND FOR NEW JERSEY INC?
- The 990-PF for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $226,044 (LUCY VANDENBERG, EXECUTIVE DIRECTOR).
- How much revenue does SCHUMANN FUND FOR NEW JERSEY INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,464,912, expenses of $2,352,652 and total assets of $33,653,933 at year end.
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