Nonprofit · EIN 65-1162522
SCHULTZ-HILL FOUNDATION
Also known as SCHULTZ JOHN TTEE
Tax-exempt · ATLANTIC CITY, NJ 08401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $233,709 | $198,133 | $35,576 | $1,026,009 | $235 | $1,025,774 |
| December 31, 2024 | 990-PF | $211,443 | $102,033 | $109,410 | $942,707 | $232 | $942,475 |
| December 31, 2023 | 990-PF | $218,431 | $179,267 | $39,164 | $832,064 | $0 | $832,064 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $176,564
- Dividends
- $17,329
- Interest
- $1,851
- Net gain from sales of assets
- $6,395
- Other income
- $31,570
Expenses
- Grants and similar amounts paid
- $48,941
- Compensation of officers, directors and key employees
- $25,000
- Disbursements for charitable purposes
- $143,746
- Excise tax on investment income
- $126
Balance sheet and other
- Total assets, start of year
- $942,707
- Total assets, end of year
- $1,026,009
- Total liabilities, end of year
- $235
- Net assets, end of year
- $1,025,774
- Fair market value of assets
- $1,026,009
- Qualifying distributions
- $143,746
- Net investment income
- $16,056
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY HILL 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | CO-FOUNDER, | 40 | $25,000 |
| JOE DOUGHERTY 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.7 | $0 |
| JEANNIE EISELE 249 COLOGNE PORT ROAD, PORT REPUBLIC, NJ 08241 | DIRECTOR | 0.7 | $0 |
| VINCE GIFFORD 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.7 | $0 |
| KEITH HILL 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.7 | $0 |
| MILA MCDONOUGH 4 EXETER COURT, MARGATE CITY, NJ 08402 | DIRECTOR | 0.7 | $0 |
| AMY SOSNOV 47 N TALLAHASSEE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.7 | $0 |
| KATHLEEN WOODRING 1114 BAYFRONT C23, OCEAN CITY, NJ 08226 | DIRECTOR | 0.7 | $0 |
| JOHN SCHULTZ 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | CO-FOUNDER | 0.7 | $0 |
| NICHOLAS WOODRING 1114 BAYFRONT - C23, OCEAN CITY, NJ 08226 | VICE PRESIDE | 0.7 | $0 |
| ROBERT JOHNSON 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | TREASURER | 0.7 | $0 |
990-PF for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY HILL 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | PRESIDENT | 10 | $0 |
| ROBERT JOHNSON 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | TREASURER | 2 | $0 |
| JOE DOUGHERTY ESQ 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.25 | $0 |
| KEITH HILL 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.25 | $0 |
| HOWARD KYLE 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.25 | $0 |
| KATHLEEN WOODRING 1114 BAYFRONT - C23, OCEAN CITY, NJ 08226 | DIRECTOR | 0.25 | $0 |
| AMY SOSNOV 47 N TALLAHASSEE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.25 | $0 |
| JEANNE EISELE 249 COLOGNE PORT ROAD, PORT REPUBLIC, NJ 08241 | DIRECTOR | 0.25 | $0 |
| MARK CALLAZZO 648 N ALBANY AVE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.25 | $0 |
| DAVID SPATZ 10 WOODSTOCK DR, LINWOOD, NJ 08221 | DIRECTOR | 0.25 | $0 |
| NICHOLAS WOODRING 1114 BAYFRONT - C23, OCEAN CITY, NJ 08226 | VICE-PRESIDENT | 0.25 | $0 |
| MILA MCDONOUGH 4 EXETER CT, MARGATE CITY, NJ 08402 | DIRECTOR | 0.25 | $0 |
| JOHN J SCHULTZ 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | CO-FOUNDER | 0.25 | $0 |
990-PF for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY HILL 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | PRESIDENT | 10 | $0 |
| ROBERT JOHNSON 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | TREASURER | 2 | $0 |
| JOE DOUGHERTY ESQ 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.25 | $0 |
| KEITH HILL 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.25 | $0 |
| HOWARD KYLE 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.25 | $0 |
| KATHLEEN WOODRING 1114 BAYFRONT - C23, OCEAN CITY, NJ 08226 | DIRECTOR | 0.25 | $0 |
| AMY SOSNOV 47 N TALLAHASSEE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.25 | $0 |
| JEANNE EISELE 249 COLOGNE PORT ROAD, PORT REPUBLIC, NJ 08241 | DIRECTOR | 0.25 | $0 |
| MARK CALLAZZO 648 N ALBANY AVE, ATLANTIC CITY, NJ 08401 | DIRECTOR | 0.25 | $0 |
| DAVID SPATZ 10 WOODSTOCK DR, LINWOOD, NJ 08221 | DIRECTOR | 0.25 | $0 |
| NICHOLAS WOODRING 1114 BAYFRONT - C23, OCEAN CITY, NJ 08226 | VICE-PRESIDENT | 0.25 | $0 |
| MILA MCDONOUGH 4 EXETER CT, MARGATE CITY, NJ 08402 | DIRECTOR | 0.25 | $0 |
| JOHN J SCHULTZ 1616 PACIFIC AVENUE, ATLANTIC CITY, NJ 08401 | CO-FOUNDER | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 1616 PACIFIC AVE, ATLANTIC CITY, NJ 08401-6939
- In care of
- % MICHAEL A HYETT
- Signed the 990-PF
- GARY HILL, CO-FOUNDER, PRES.
- Phone
- (609) 344-3112
- Website
- WWW.SCHULTZ-HILL.ORG
- Return prepared by
- FITZPATRICK BONGIOVANNI & KELLY 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF 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
- 65-1162522
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,026,009
- Income (IRS master file)
- $264,003
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $233,709 | $198,133 | $1,026,009 | XML |
| 990-PF | December 2024 | $211,443 | $102,033 | $942,707 | IRS |
| 990-PF | December 2023 | $218,431 | $179,267 | $832,064 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 65-1162522).
Questions about SCHULTZ-HILL FOUNDATION
- What is the EIN of SCHULTZ-HILL FOUNDATION?
- The employer identification number (EIN) of SCHULTZ-HILL FOUNDATION is 65-1162522.
- Is SCHULTZ-HILL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to SCHULTZ-HILL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SCHULTZ-HILL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SCHULTZ-HILL FOUNDATION 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 SCHULTZ-HILL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of SCHULTZ-HILL FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $25,000 (GARY HILL, CO-FOUNDER,).
- How much revenue does SCHULTZ-HILL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $233,709, expenses of $198,133 and total assets of $1,026,009 at year end.
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