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Nonprofit · EIN 83-2234699

CBS FUND INC

Tax-exempt (reinstated) · WOODMERE, NY 11598

Financials

$96K$94K2024
Revenue Expenses · by fiscal year end
Financials of CBS FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$95,846$93,553$2,293$287,808$247,116$40,692
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$95,846

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$93,553
Program services (functional)
$92,985

Balance sheet and other

Total assets, start of year
$139,601
Total assets, end of year
$287,808
Total liabilities, end of year
$247,116
Net assets, end of year
$40,692
Cash, savings and investments
$67,674
Gross receipts
$95,846

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ELLIOT WALDMANPRESIDENT0$0
YITZHAK FRIEDVICE PRESIDE0$0

Address and contacts

Address (IRS master file)
345 MIDWOOD RD, WOODMERE, NY 11598-1607
Mailing address (990-N for 2023)
345 Midwood Road, Woodmere NY 11598
Principal officer (990-N for 2023)
Elliot Waldman, 345 Midwood Road, Woodmere NY 11598
Signed the 990-EZ
ELLIOT WALDMAN, PRESIDENT
Phone
(516) 732-5964
Return prepared by
JACOB LICHTER

Mission

TO PROVIDE FINANCIAL ASSISTANCE IN THE FORM OF GRANTS AND INTEREST FREE LOANS TO NEEDY INDIVIDUALS AS WELL AS TO OTHER CHARITABLE, EDUCATIONAL, AND RELIGIOUS ORGANIZATIONS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROVIDED FINANCIAL ASSISTANCE IN THE FORM OF GRANTS AND INTEREST FREE LOANS TO NEEDY INDIVIDUALS AS WELL AS TO OTHER CHARITABLE, EDUCATIONAL, AND RELIGIOUS ORGANIZATIONS.
    Expenses $92,985

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-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
83-2234699
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$287,808
Income (IRS master file)
$95,846

Revocation and reinstatement

Exemption revoked
May 15, 2021
Posted by the IRS
August 9, 2021
Reinstated
Effective May 15, 2021

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$95,846$93,553$287,808IRS
990-N for 2023
Officer: Elliot Waldman
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Elliot Waldman
December 31, 2022≤ $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 83-2234699).

Questions about CBS FUND INC

What is the EIN of CBS FUND INC?
The employer identification number (EIN) of CBS FUND INC is 83-2234699.
Is CBS FUND INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2021 and reinstated it effective May 15, 2021.
Are donations to CBS FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CBS FUND 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 CBS FUND 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 CBS FUND INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of CBS FUND INC?
The 990-N for 2023 names Elliot Waldman.
Who are the officers and directors of CBS FUND INC?
The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does CBS FUND INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $95,846, expenses of $93,553 and total assets of $287,808 at year end.

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