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Nonprofit · EIN 82-2442110

ROMA M KARP FOUNDATION INC

Tax-exempt · RIVERHEAD, NY 11901

Financials

$111K$194K2023$191K$213K2024$381K$257K2025
Revenue Expenses · by fiscal year end
Financials of ROMA M KARP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$380,795$257,309$123,486$3,190,584$0$3,190,584
December 31, 2024990-PF$191,025$213,459-$22,434$3,066,492$0$3,066,492
December 31, 2023990-PF$110,629$194,038-$83,409$3,092,605$0$3,092,605
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$97,348
Interest
$14,245
Net gain from sales of assets
$269,202

Expenses

Grants and similar amounts paid
$225,000
Compensation of officers, directors and key employees
$5,000
Disbursements for charitable purposes
$225,000
Excise tax on investment income
$4,971

Balance sheet and other

Total assets, start of year
$3,066,492
Total assets, end of year
$3,190,584
Total liabilities, end of year
$0
Net assets, end of year
$3,190,584
Fair market value of assets
$3,641,302
Qualifying distributions
$225,000
Net investment income
$380,795

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.

NameTitleHours / weekCompensation
MICHAEL J CANNY
318 ROANOKE AVENUE, RIVERHEAD, NY 11901
EXECUTIVE DI1$2,500
JAMES GRIFFIN
318 ROANOKE AVENUE, RIVERHEAD, NY 11901
DIRECTOR1$2,500
LISA BENINCASSA
318 ROANOKE AVENUE, RIVERHEAD, NY 11901
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
MICHAEL J CANNY
318 ROANOKE AVENUE, RIVERHEAD, NY 11901
EXECUTIVE DI0$2,500
JAMES GRIFFIN
318 ROANOKE AVENUE, RIVERHEAD, NY 11901
DIRECTOR0$2,500
LISA BENINCASSA
318 ROANOKE AVENUE, RIVERHEAD, NY 11901
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JAMES GRIFFIN
318 ROANOKE AVENUE, RIVERHEAD, NY 11901
DIRECTOR1$2,500
MICHAEL J CANNY
318 ROANOKE AVENUE, RIVERHEAD, NY 11901
EXECUTIVE DI1$0
LISA BENINCASSA
318 ROANOKE AVENUE, RIVERHEAD, NY 11901
DIRECTOR1$0

Address and contacts

Address (IRS master file)
318 ROANOKE AVE, RIVERHEAD, NY 11901-2723
In care of
% JOHN J KOSINSKI EEFG
Signed the 990-PF
MICHAEL J CANNY, EXECUTIVE DIRECTOR
Phone
(631) 727-8111
Return prepared by
GNFERRARIS CPA LLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
82-2442110
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
Assets (IRS master file)
$3,190,584
Income (IRS master file)
$1,066,028

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$380,795$257,309$3,190,584IRS
990-PFDecember 2024$191,025$213,459$3,066,492IRS
990-PFDecember 2023$110,629$194,038$3,092,605XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 82-2442110).

Questions about ROMA M KARP FOUNDATION INC

What is the EIN of ROMA M KARP FOUNDATION INC?
The employer identification number (EIN) of ROMA M KARP FOUNDATION INC is 82-2442110.
Is ROMA M KARP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to ROMA M KARP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ROMA M KARP FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of ROMA M KARP FOUNDATION INC 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 ROMA M KARP FOUNDATION INC 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 ROMA M KARP FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 2 received compensation from the organization, the highest $2,500 (MICHAEL J CANNY, EXECUTIVE DI).
How much revenue does ROMA M KARP FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $380,795, expenses of $257,309 and total assets of $3,190,584 at year end.

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