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Nonprofit · EIN 65-0710609

JACOB AND ANITA PENZER FOUNDATION INC

Tax-exempt · LAWRENCE, NY 11559

Financials

$867K$1.8M2023$635K$1.7M2024
Revenue Expenses · by fiscal year end
Financials of JACOB AND ANITA PENZER FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$634,954$1,659,268-$1,024,314$27,671,158$70,573$27,600,585
December 31, 2023990-PF$866,750$1,755,295-$888,545$28,651,832$58,672$28,593,160
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$15,849
Interest
$681,912
Net gain from sales of assets
-$62,807

Expenses

Grants and similar amounts paid
$651,260
Compensation of officers, directors and key employees
$621,758
Salaries, compensation and benefits (total)
$144,000
Disbursements for charitable purposes
$1,552,561
Excise tax on investment income
$8,333

Balance sheet and other

Total assets, start of year
$28,651,832
Total assets, end of year
$27,671,158
Total liabilities, end of year
$70,573
Net assets, end of year
$27,600,585
Fair market value of assets
$27,671,158
Qualifying distributions
$1,552,561
Net investment income
$697,761

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
JACKI PENZER
81 HARBORVIEW WEST, LAWRENCE, NY 115591911
VICE PRES /SECRETARY /DIRE40$255,000
RICHARD PENZER
81 HARBORVIEW WEST, LAWRENCE, NY 115591911
PRESIDENT / DIRECTOR40$220,996
ELIE HECHT
C/O LIFE 112 SPRUCE STREET, CEDARHURST, NY 11516
ATTORNEY
Highest-paid employee
40$144,000
ARIEL PENZER
81 HARBORVIEW WEST, LAWRENCE, NY 115591911
VICE PRES / DIRECTOR10$103,500
JACOB PENZER
81 HARBORVIEW WEST, LAWRENCE, NY 115591911
VICE PRES / DIRECTOR18$42,262
MICHAEL PENZER
81 HARBORVIEW WEST, LAWRENCE, NY 115591911
VICE PRES /TREASURER/ ASS'4$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
JACKI PENZER
81 HARBORVIEW WEST, LAWRENCE, NY 115591911
VICE PRES /SECRETARY /DIRE40$268,093
RICHARD PENZER
81 HARBORVIEW WEST, LAWRENCE, NY 115591911
PRESIDENT / DIRECTOR40$214,007
JACOB PENZER
81 HARBORVIEW WEST, LAWRENCE, NY 115591911
VICE PRES / DIRECTOR18$110,897
ARIEL PENZER
81 HARBORVIEW WEST, LAWRENCE, NY 115591911
VICE PRES / DIRECTOR10$110,460
MICHAEL PENZER
81 HARBORVIEW WEST, LAWRENCE, NY 115591911
VICE PRES /TREASURER/ ASS'4$0
ELIE HECHT
C/O LIFE 112 SPRUCE STREET, CEDARHURST, NY 11516
ATTORNEY
Highest-paid employee
40$0

Address and contacts

Address (IRS master file)
81 HARBORVIEW W, LAWRENCE, NY 11559-1911
In care of
% RICHARD PENZER
Signed the 990-PF
RICHARD PENZER, PRESIDENT
Phone
(516) 375-2190
Return prepared by
COOPERSMITH SIMON & VOGEL PC

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
65-0710609
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
1997
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$27,671,158
Income (IRS master file)
$717,761

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$634,954$1,659,268$27,671,158XML
990-PFDecember 2023$866,750$1,755,295$28,651,832XML
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 65-0710609).

Questions about JACOB AND ANITA PENZER FOUNDATION INC

What is the EIN of JACOB AND ANITA PENZER FOUNDATION INC?
The employer identification number (EIN) of JACOB AND ANITA PENZER FOUNDATION INC is 65-0710609.
Is JACOB AND ANITA PENZER FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to JACOB AND ANITA PENZER FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JACOB AND ANITA PENZER FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of JACOB AND ANITA PENZER 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 JACOB AND ANITA PENZER 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 JACOB AND ANITA PENZER FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 5 received compensation from the organization, the highest $255,000 (JACKI PENZER, VICE PRES /SECRETARY /DIRE).
How much revenue does JACOB AND ANITA PENZER FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $634,954, expenses of $1,659,268 and total assets of $27,671,158 at year end.

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