Nonprofit · EIN 68-6251318
RICHARD AND MARGARET ROMANO CHARITABLE TR
Also known as RICHARD C AND MARGARET V ROMANO TTE
Tax-exempt · EVANSTON, IL 60201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,625,294 | $2,030,373 | $594,921 | $6,798,796 | $0 | $6,798,796 |
| December 31, 2024 | 990-PF | $3,211,223 | $1,062,343 | $2,148,880 | $6,753,467 | $0 | $6,753,467 |
| December 31, 2023 | 990-PF | $1,662,669 | $645,606 | $1,017,063 | $5,734,538 | $0 | $5,734,538 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,131,864
- Dividends
- $207,998
- Interest
- $92,408
- Net gain from sales of assets
- $1,193,024
Expenses
- Grants and similar amounts paid
- $1,936,500
- Compensation of officers, directors and key employees
- $36,668
- Disbursements for charitable purposes
- $1,936,500
- Excise tax on investment income
- $2,913
Balance sheet and other
- Total assets, start of year
- $6,753,467
- Total assets, end of year
- $6,798,796
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,798,796
- Fair market value of assets
- $9,871,833
- Qualifying distributions
- $1,936,500
- Net investment income
- $300,406
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 |
|---|---|---|---|
| KATHRYN R MAYER 1258 MT VERNON TERRACE, NORTHBROOK, IL 60062 | TRUSTEE | 0 | $36,668 |
| RICHARD C ROMANO 3617 OLDE COTTAGE LANE, BONITA SPRINGS, FL 34134 | TRUSTEE | 0 | $0 |
| JAMES D ROMANO 107 AUTUMN CIRCLE, CARY, NC 27511 | TRUSTEE | 0 | $0 |
| JOSEPH RV ROMANO 2771 SHERIDAN ROAD, EVANSTON, IL 60201 | TRUSTEE | 0 | $0 |
| LOU DIBERARDINO 4720 COLONY VILLAS DRIVE UNIT 902, BONITA SPRINGS, FL 34134 | TRUSTEE | 0 | $0 |
| VALERIE ROMANO 2 S DONALD AVE, ARLINGTON HEIGHTS, IL 60004 | TRUSTEE | 0 | $0 |
| MARK BARIC 107 EATON PLACE, CARY, NC 27513 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN R MAYER 1258 MT VERNON TERRACE, NORTHBROOK, IL 60062 | TRUSTEE | 10 | $24,996 |
| RICHARD C ROMANO 3617 OLDE COTTAGE LANE, BONITA SPRINGS, FL 34134 | TRUSTEE | 0.5 | $0 |
| NATALIE ROMANO 2771 SHERIDAN ROAD, EVANSTON, IL 60201 | TRUSTEE | 0.5 | $0 |
| JAMES D ROMANO 107 AUTUMN CIRCLE, CARY, NC 27511 | TRUSTEE | 0.5 | $0 |
| JOSEPH RV ROMANO 2771 SHERIDAN ROAD, EVANSTON, IL 60201 | TRUSTEE | 0.5 | $0 |
| LOU DIBERARDINO 4720 COLONY VILLAS DRIVE UNIT 902, BONITA SPRINGS, FL 34134 | TRUSTEE | 0.5 | $0 |
| VALERIE ROMANO 2 S DONALD AVE, ARLINGTON HEIGHTS, IL 60004 | TRUSTEE | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN R MAYER 1258 MT VERNON TERRACE, NORTHBROOK, IL 60062 | TRUSTEE | 1 | $8,332 |
| RICHARD C ROMANO 3617 OLDE COTTAGE LANE, BONITA SPRINGS, FL 34134 | TRUSTEE | 0 | $0 |
| NATALIE ROMANO 2771 SHERIDAN ROAD, EVANSTON, IL 60201 | TRUSTEE | 0 | $0 |
| JAMES D ROMANO 107 AUTUMN CIRCLE, CARY, NC 27511 | TRUSTEE | 0 | $0 |
| JOSEPH RV ROMANO 2771 SHERIDAN ROAD, EVANSTON, IL 60201 | TRUSTEE | 0 | $0 |
| ROBERT S MAYER 1258 MT VERNON TERRACE, NORTHBROOK, IL 60062 | TRUSTEE | 0 | $0 |
| VANESSA ROMANO 1615 6TH STREET NW2, WASHINGTON, DC 20001 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- ONE ROTARY CENTER SUITE 1300, EVANSTON, IL 60201-0000
- Signed the 990-PF
- RICHARD C ROMANO, TRUSTEE
- Phone
- (847) 866-7700
- Website
- ROMANOCHARITY.ORG
- Return prepared by
- ERIC J FERNANDEZ & CO
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
- 68-6251318
- 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
- 2006
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $6,798,796
- Income (IRS master file)
- $3,957,584
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,625,294 | $2,030,373 | $6,798,796 | IRS |
| 990-PF | December 2024 | $3,211,223 | $1,062,343 | $6,753,467 | XML |
| 990-PF | December 2023 | $1,662,669 | $645,606 | $5,734,538 | 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 68-6251318).
Questions about RICHARD AND MARGARET ROMANO CHARITABLE TR
- What is the EIN of RICHARD AND MARGARET ROMANO CHARITABLE TR?
- The employer identification number (EIN) of RICHARD AND MARGARET ROMANO CHARITABLE TR is 68-6251318.
- Is RICHARD AND MARGARET ROMANO CHARITABLE TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to RICHARD AND MARGARET ROMANO CHARITABLE TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RICHARD AND MARGARET ROMANO CHARITABLE TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RICHARD AND MARGARET ROMANO CHARITABLE TR 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 RICHARD AND MARGARET ROMANO CHARITABLE TR 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 RICHARD AND MARGARET ROMANO CHARITABLE TR?
- The 990-PF for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $36,668 (KATHRYN R MAYER, TRUSTEE).
- How much revenue does RICHARD AND MARGARET ROMANO CHARITABLE TR have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,625,294, expenses of $2,030,373 and total assets of $6,798,796 at year end.
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