Nonprofit · EIN 81-4770533
THE KARMEL FAMILY FOUNDATION INC
Tax-exempt · MONTEBELLO, NY 10901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $40,113 | $95,569 | -$55,456 | $3,664,203 | $2,425,347 | $1,238,856 |
| December 31, 2023 | 990-PF | -$85,548 | $154,702 | -$240,250 | $2,921,671 | $1,627,359 | $1,294,312 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $6,138
- Interest
- $17,225
- Net gain from sales of assets
- -$11,354
- Other income
- $28,104
Expenses
- Grants and similar amounts paid
- $25,000
- Disbursements for charitable purposes
- $25,000
Balance sheet and other
- Total assets, start of year
- $2,921,671
- Total assets, end of year
- $3,664,203
- Total liabilities, end of year
- $2,425,347
- Net assets, end of year
- $1,238,856
- Fair market value of assets
- $53,651
- Qualifying distributions
- $25,000
- Net investment income
- $51,467
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACOB KARMEL 16 NEW COUNTY ROAD, AIRMONT, NY 10952 | PRESIDENT | 1.5 | $0 |
| SARAH FRIEDMAN 19 RITA AVENUE 213, MONSEY, NY 10952 | DIRECTOR | 0.5 | $0 |
| SHLOIME SILBIGER 18 CHRISTMAS HILL ROAD, AIRMONT, NY 10952 | TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACOB KARMEL 16 NEW COUNTY ROAD, AIRMONT, NY 10952 | PRESIDENT | 1.5 | $0 |
| MALKA KARMEL 16 NEW COUNTY ROAD, AIRMONT, NY 10952 | DIRECTOR | 0.5 | $0 |
| SHLOIME SILBIGER 18 CHRISTMAS HILL ROAD, AIRMONT, NY 10952 | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 400 RELLA BLVD, MONTEBELLO, NY 10901-4241
- Signed the 990-PF
- JACOB KARMEL, PRESIDENT
- Phone
- (845) 490-6060
- Return prepared by
- SOLOMON HIRSCH CPA 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 | Not 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
- 81-4770533
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $3,664,203
- Income (IRS master file)
- $444,141
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $40,113 | $95,569 | $3,664,203 | IRS |
| 990-PF | December 2023 | -$85,548 | $154,702 | $2,921,671 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 81-4770533).
Questions about THE KARMEL FAMILY FOUNDATION INC
- What is the EIN of THE KARMEL FAMILY FOUNDATION INC?
- The employer identification number (EIN) of THE KARMEL FAMILY FOUNDATION INC is 81-4770533.
- Is THE KARMEL FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to THE KARMEL FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE KARMEL FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE KARMEL FAMILY 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 THE KARMEL FAMILY 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 THE KARMEL FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE KARMEL FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $40,113, expenses of $95,569 and total assets of $3,664,203 at year end.
Other nonprofits in MONTEBELLO
- AMERICAN FRIENDS OF YESHIVA CHABAD TZFAT INC EIN 27-1034733 · last filed 990-EZ for 2024
- ARK GROUP FOUNDATION INC EIN 86-1190868 · last filed 990-PF for 2024
- AMERICAN FRIENDS OF YAD TRUDY EIN 11-3521059 · last filed 990-N for 2024
- ER CHARITABLE FOUNDATION EIN 80-0968859 · last filed 990-PF for 2024
- ISRAEL MAGEN FUND INC EIN 81-4798325 · last filed 990 for 2024
- REFUGEE SOLIDARITY NETWORK INC EIN 46-0639838 · last filed 990 for 2025
- MONSEY SHIDDUCH INITIATIVE INC EIN 88-3596948 · last filed 990 for 2024
- ZEHMIZE INC EIN 88-2673310 · last filed 990 for 2024
All nonprofits in MONTEBELLO · New York · Philanthropy, voluntarism and grantmaking foundations