Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 81-3121349

PAINE CASTLE FOUNDATION INC

Tax-exempt · TROY, NY 12180

Financials

$253K$74K2023$193K$443K2024
Revenue Expenses · by fiscal year end
Financials of PAINE CASTLE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$192,871$442,880-$250,009$260,934$180,000$80,934
December 31, 2023990$253,007$74,456$178,551$304,300$0$304,300
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$179,719
Program service revenue
$0
Investment income
$4,181
Net income from fundraising events
$8,971
Other revenue
$8,971

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$10,705
Accounting fees
$6,500
Occupancy
$6,000
Program services (functional)
$411,193
Management and general (functional)
$31,687

Balance sheet and other

Total assets, start of year
$304,300
Total assets, end of year
$260,934
Total liabilities, end of year
$180,000
Net assets, end of year
$80,934
Net assets without donor restrictions
$49,534
Net assets with donor restrictions
$31,400
Gross unrelated business income
$8,971
Gross receipts
$227,006
Employees
0
Volunteers
75
Year formed
2016
State of legal domicile
NY

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.

NameTitleHours / weekCompensation
William Kenyon BankerDirector
Trustee or director
1$0
Nicholas GrippoDirector
Trustee or director
1$0
Jonathan DiehlDirector
Trustee or director
1$0
Kimberly RappDirector
Trustee or director
8$0
Len PierceSecretary
Trustee or director
5$0
Scott SchenkerAssistant Treasurer
Trustee or director
4$0
Scott CarpmanVice President
Trustee or director
15$0
Wyatt Alexander NordstromVice President
Trustee or director
8$0
Keith MorrisTreasurer
Trustee or director
5$0
George Theodore DalakosDirector
Trustee or director
3$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
William Kenyon BankerDirector
Trustee or director
1$0
Nicholas GrippoDirector
Trustee or director
1$0
Jonathan DiehlDirector
Trustee or director
1$0
Kimberly RappDirector
Trustee or director
3$0
Len PierceDirector
Trustee or director
2$0
Julian AdamsDirector
Trustee or director
1$0
Scott CarpmanVice President
Trustee or director
5$0
Wyatt Alexander NordstromPresident
Trustee or director
10$0
Keith MorrisTreasurer
Trustee or director
10$0
George Theodore DalakosSecretary
Trustee or director
3$0

Address and contacts

Address (IRS master file)
49 2ND ST, TROY, NY 12180-3928
In care of
% DAVID SLAW
Mailing address (990-N for 2019)
49 2ND ST, TROY NY 121803928
Principal officer (990 for 2024)
Scott Carpman, 242-31 61 Avenue, Douglaston, NY 11362
Principal officer (990-N for 2019)
Wyatt A Nordstrom, 870 Chestnut Street, San Francisco CA 94133
Signed the 990
Keith Morris, Treasurer
Phone
(610) 551-5555

Mission

To renovate and preserve the architectural, historic, & civic value of the building more commonly known as 49 Second Street, Troy, NY 12180, currently registered with the New York State Historical Preservation registry, and to increase historical preservation awareness through educational programs open to the community.

990 for the year ended December 31, 2024

Program accomplishments

  • Funded over $400,000 in renovations and repairs to the historic structure at 49 2nd Street in Troy, NY. This included extensive contracted work on the building's exterior masonry, interior historical restoration. Also held events and historical lectures and displays for local Historical groups. Worked on building cash reserves for future projects.
    Expenses $411,193 · revenue $227,006
  • None0
  • None0

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-3121349
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$260,934
Income (IRS master file)
$227,006

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$192,871$442,880$260,934XML
990December 2023$253,007$74,456$304,300XML
990December 2022$162,591$124,238$152,749IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2019
Officer: Wyatt A Nordstrom
December 31, 2019≤ $50,000 receipts––e-Postcard

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 81-3121349).

Questions about PAINE CASTLE FOUNDATION INC

What is the EIN of PAINE CASTLE FOUNDATION INC?
The employer identification number (EIN) of PAINE CASTLE FOUNDATION INC is 81-3121349.
Is PAINE CASTLE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to PAINE CASTLE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PAINE CASTLE 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 PAINE CASTLE 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 PAINE CASTLE 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 PAINE CASTLE FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Scott Carpman.
Who are the officers and directors of PAINE CASTLE FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does PAINE CASTLE FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $192,871, expenses of $442,880 and total assets of $260,934 at year end.

Other nonprofits in TROY

All nonprofits in TROY · New York · Arts, culture and humanities