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Nonprofit · EIN 82-3775017

THE ERCT FOUNDATION INC

Tax-exempt · MONTCLAIR, NJ 07043

Financials

$5.3M$663K2021$5.3M$1M2023$2.9M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of THE ERCT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,931,982$1,276,848$1,655,134$28,152,767$2,500,001$25,652,766
December 31, 2023990-PF$5,293,214$1,036,122$4,257,092$25,743,580$1,745,948$23,997,632
December 31, 2021990-PF$5,307,783$663,399$4,644,384$15,661,715$499,111$15,162,604
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,000,000
Dividends
$57,294
Interest
$103,125
Net gain from sales of assets
$771,563

Expenses

Grants and similar amounts paid
$1,133,509
Disbursements for charitable purposes
$733,509
Excise tax on investment income
$393

Balance sheet and other

Total assets, start of year
$25,743,580
Total assets, end of year
$28,152,767
Total liabilities, end of year
$2,500,001
Net assets, end of year
$25,652,766
Fair market value of assets
$29,054,946
Qualifying distributions
$733,509
Net investment income
$160,419

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.

NameTitleHours / weekCompensation
ERCUMENT TOKAT
204 BELLEVUE AVE, SUTIE A, MONTCLAIR, NJ 07043
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
ERCUMENT TOKAT
204 BELLEVUE AVE, SUTIE A, MONTCLAIR, NJ 07043
DIRECTOR0$0
990-PF for the year ended December 31, 2021: 1 people
NameTitleHours / weekCompensation
ERCUMENT TOKAT
204 BELLEVUE AVE, SUTIE A, MONTCLAIR, NJ 07043
DIRECTOR0$0

Address and contacts

Address (IRS master file)
204 BELLEVUE AVE APT A, MONTCLAIR, NJ 07043-1827
In care of
% ANTHONY F VITIELLO
Signed the 990-PF
ERCUMENT TOKAT, DIRECTOR
Phone
(973) 744-3797
Return prepared by
GW TAX & ACCOUNTING 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
82-3775017
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
2019
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$28,152,767
Income (IRS master file)
$17,378,927

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,931,982$1,276,848$28,152,767IRS
990-PFDecember 2023$5,293,214$1,036,122$25,743,580XML
990-PFDecember 2022–––IRS
990-PFDecember 2021$5,307,783$663,399$15,661,715XML
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 82-3775017).

Questions about THE ERCT FOUNDATION INC

What is the EIN of THE ERCT FOUNDATION INC?
The employer identification number (EIN) of THE ERCT FOUNDATION INC is 82-3775017.
Is THE ERCT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to THE ERCT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE ERCT FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE ERCT 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 ERCT 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 ERCT FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does THE ERCT FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,931,982, expenses of $1,276,848 and total assets of $28,152,767 at year end.

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