Nonprofit · EIN 81-0910550
PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC
Tax-exempt · PENNINGTON, NJ 08534
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $110,863 | $74,723 | $36,140 | $46,520 | $0 | $46,520 |
| December 31, 2023 | 990 | $67,341 | $63,882 | $3,459 | $10,380 | $0 | $10,380 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $110,500
- Program service revenue
- $363
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $27,345
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $74,723
Balance sheet and other
- Total assets, start of year
- $10,380
- Total assets, end of year
- $46,520
- Total liabilities, end of year
- $0
- Net assets, end of year
- $46,520
- Gross receipts
- $110,863
- Employees
- 0
- Year formed
- 2015
- State of legal domicile
- NJ
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EROL VEZNEDAROGLU MD | PRESIDENT Trustee or director, Officer | 10 | $0 |
| DONALD J DAMICO | TREASURER Officer | 10 | $0 |
| THOMAS KURTZ | SECRETARY Officer | 5 | $0 |
| KENNETH LIEBMAN MD | TRUSTEE Trustee or director | 1 | $0 |
| MANDY J BINNING MD | TRUSTEE Trustee or director | 1 | $0 |
| ESTHER EGOZI CHOUKROUN | EXECUTIVE DI Trustee or director | 10 | $0 |
| JOSEPH JACOVINI | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EROL VEZNEDAROGLU MD | PRESIDENT Trustee or director, Officer | 10 | $0 |
| DONALD J DAMICO | TREASURER Officer | 10 | $0 |
| THOMAS KURTZ | SECRETARY Officer | 5 | $0 |
| KENNETH LIEBMAN MD | TRUSTEE Trustee or director | 1 | $0 |
| MANDY J BINNING MD | TRUSTEE Trustee or director | 1 | $0 |
| ESTHER EGOZI CHOUKROUN | EXECUTIVE DI Trustee or director | 10 | $0 |
| JOSEPH JACOVINI | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 717, PENNINGTON, NJ 08534-0717
- In care of
- % DONALD DAMICO
- Principal officer (990 for 2024)
- EROL VEZNEDAROGLU MD, 44 IRISH MEETINGHOUSE ROAD, PERKASIE, PA 18944
- Signed the 990
- DONALD J DAMICO, TREASURER
- Phone
- (215) 962-9600
- Return prepared by
- BARATZ & ASSOCIATES PA
Mission
PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION, INC. (FORMERLY GNI NEUROSCIENCES FOUNDATION, INC.) (THE "CORPORATION") SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY TO CARRY OUT THOSE TAX-EXEMPT PURPOSES ENUMERATED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT TAX LAW OF THE UNITED STATES, INCLUDING, BUT NOT LIMITED TO, RAISING FUNDS FOR THE PURPOSE OF: (I) EDUCATING THE PUBLIC TO IMPROVE RECOGNITION OF THE SIGNS AND SYMPTOMS OF NEUROLOGICAL INJURIES/DISEASES, SUCH AS STROKE; (II) EDUCATING CLINICIANS (PHYSICIANS, RNS, EMS SQUADS, ETC.) TO BETTER RECOGNIZE AND APPROPRIATELY TREAT NEUROLOGICAL INJURIES/DISEASES; (III) EDUCATING LOCAL COMMUNITIES OF THE CAPABILITIES AND AVAILABILITY OF NEUROSURGICAL AND NEUROLOGICAL SPECIALISTS IN THEIR AREAS; (IV) CONDUCTING TRAINING AND FUNDING RESEARCH INTENDED TO RAISE AWARENESS OF AND FURTHER DEVELOP NEUROSCIENCES TREATMENTS AND DEVICES; (V) PROVIDING INCUBATOR FACILITY FOR NE
Program accomplishments
- PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION, INC. (FORMERLY GNI NEUROSCIENCES FOUNDATION, INC.) (THE "CORPORATION") SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY TO CARRY OUT THOSE TAX-EXEMPT PURPOSES ENUMERATED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT TAX LAW OF THE UNITED STATES, INCLUDING, BUT NOT LIMITED TO, RAISING FUNDS FOR THE PURPOSE OF: (I) EDUCATING THE PUBLIC TO IMPROVE RECOGNITION OF THE SIGNS AND SYMPTOMS OF NEUROLOGICAL INJURIES/DISEASES, SUCH AS STROKE; (II) EDUCATING CLINICIANS (PHYSICIANS, RNS, EMS SQUADS, ETC.) TO BETTER RECOGNIZE AND APPROPRIATELY TREAT NEUROLOGICAL INJURIES/DISEASES; (III) EDUCATING LOCAL COMMUNITIES OF THE CAPABILITIES AND AVAILABILITY OF NEUROSURGICAL AND NEUROLOGICAL SPECIALISTS IN THEIR AREAS; (IV) CONDUCTING TRAINING AND FUNDING RESEARCH INTENDED TO RAISE AWARENESS OF AND FURTHER DEVELOP NEUROSCIENCES TREATMENTS AND DEVICES; (V) PROVIDING INCUBATOR FACILITY FOR NEUROSCIENCES AND MENTAL HEALTH RELATED START-UPS; (VI) ORGANIZING AND PROVIDING FACILITIES FOR LARGE CONFERENCE MEETINGS; (VII) PROVIDING LABORATORY AND CLINICAL TRAINING FACILITIES FOR DEVELOPMENT OF NEXT GENERATION NEUROSCIENCES INNOVATIONS; (VIII) PROVIDING RESOURCES FOR ASSOCIATED/VISITING FACULTY, ASSOCIATIONS AND ORGANIZATIONS; (IX) SUPPORTING A DEDICATED, COMPREHENSIVE NEUROSCIENCES INSTITUTE DESIGNED TO ATTRACT NATIONALLY RECOGNIZED CLINICIANS AND HOUSE DEDICATED, STATE-OF- THE-ART RESEARCH, INPATIENT AND OUTPATIENT CLINICAL AND REHABILITATION FACILITIES SO AS TO TREAT PATIENTS WITH THE MOST ADVANCED CLINICAL TECHNIQUES IN BOTH NEUROSCIENCES AND MENTAL HEALTH FOCUSED ON IMPROVED PATIENT OUTCOMES; (X) SUPPORTING ON-SITE, DEDICATED OFFICE SPACE FOR ALL NEUROSCIENCES INDUSTRY STAKEHOLDERS WHO ARE FOCUSED ON MEDICAL ADVANCEMENT AND CURE; (XI) SUPPORTING THE DEVELOPMENT OF MENTAL HEALTH-RELATED ADVANCEMENTS; (XII) SUPPORTING DEDICATED ACADEMIC RESEARCH IN THE AREA OF NEUROSCIENCES AND RELATED DISCIPLINES INCLUDING BIOMEDICAL ENGINEERING, (XIV) SUPPORTING RESEARCH, DEVELOPMENT AND COMMERCIALIZATION OF PROMISING NEUROSCIENCES AND REHABILITATION INNOVATIONS; AND (XV) SUPPORTING THE EDUCATION OF CLINICIANS FOCUSED ON ADVANCING AND IMPROVING PATIENT CARE IN THE FIELD OF NEUROSCIENCES.Expenses $68,379 · grants $27,345 · revenue $100,363
- THE MISSION OF PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION, INC. (FORMERLY GNI NEUROSCIENCES FOUNDATION, INC.) (THE "CORPORATION") IS TO RAISE FUNDS FOR THE PURPOSE OF: (I) EDUCATING THE GENERAL PUBLIC TO IMPROVE RECOGNITION OF THE SIGNS AND SYMPTOMS OF NEUROLOGICAL INJURIES AND DISEASES, (II) EDUCATING CLINICIANS (PHYSICIANS, RNS, EMS SQUADS, ETC.) TO BETTER RECOGNIZE AND APPROPRIATELY TREAT NEUROLOGICAL INJURIES AND DISEASES, (III) EDUCATING LOCAL COMMUNITIES OF THE CAPABILITIES AND AVAILABILITY OF NEUROSURGICAL AND NEUROLOGICAL SPECIALISTS, AND (IV) FUNDING MEDICAL RESEARCH INTENDED TO RAISE AWARENESS OF AND FURTHER DEVELOP NEUROSCIENCES TREATMENTS. A NEUROSCIENCES CONFERENCE WAS HELD DURING THE YEAR AND THE MISSION OF THE CONFERENCE IS TO BRING AWARENESS, FORM ALLIANCES, AND HELP MOVE FORWARD SCIENTIFIC ADVANCEMENT.Expenses $6,344
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0910550
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E12)
- Assets (IRS master file)
- $46,520
- Income (IRS master file)
- $110,863
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $110,863 | $74,723 | $46,520 | XML |
| 990 | December 2023 | $67,341 | $63,882 | $10,380 | XML |
| 990 | December 2022 | $42,020 | $159,306 | $6,921 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | 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 81-0910550).
Questions about PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC
- What is the EIN of PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC?
- The employer identification number (EIN) of PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC is 81-0910550.
- Is PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC 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 PHILADELPHIA NEUROLOGIC INSTITUTE 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 PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names EROL VEZNEDAROGLU MD.
- Who are the officers and directors of PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $110,863, expenses of $74,723 and total assets of $46,520 at year end.
Other nonprofits in PENNINGTON
- GUFFEY FAMILY FOUNDATION EIN 46-4345106 · last filed 990-PF for 2024
- ELEANOR WILLIAMS RESEARCH FOUNDATION EIN 14-8159365 · last filed 990-PF for 2026
- GLOBAL HEALTHCARE FOUNDATION INC EIN 47-2904284 · last filed 990-EZ for 2025
- TOPS CLUB INC EIN 47-4917389 · last filed 990-N for 2025
- CANNABIS EDUCATION AND RESEARCH INSTITUTE INC EIN 82-5292774 · last filed 990-N for 2024
- FOUREVERGREEN FOUNDATION INC EIN 82-3184119 · last filed 990-PF for 2025
- SHARON MATES FAMILY FOUNDATION EIN 33-4167852 · last filed 990-PF for 2025
- CIGNA BENEFIT PLANS TRUST C/O CONNECTICUT NATIONAL BANK EIN 22-2483338 · last filed 990 for 2024