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Nonprofit · EIN 83-4291538

LANIADO DEVELOPMENT FUND INC

Tax-exempt · BROOKLYN, NY 11219

Financials

$4.7M$1.9M2023$3.2M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of LANIADO DEVELOPMENT FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,248,048$3,313,567-$65,519$2,980,511$16,438$2,964,073
December 31, 2023990$4,713,913$1,880,428$2,833,485$3,029,592$0$3,029,592
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,144,337
Program service revenue
$0
Investment income
$103,711
Net gain from sales of assets
$12,561
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,567,300
Other salaries and wages
$232,996
Salaries, compensation and benefits (total)
$252,298
Professional fundraising fees
$0
Travel
$181
Program services (functional)
$2,605,852
Management and general (functional)
$47,756
Fundraising (functional)
$659,959

Balance sheet and other

Total assets, start of year
$3,029,592
Total assets, end of year
$2,980,511
Total liabilities, end of year
$16,438
Net assets, end of year
$2,964,073
Net assets without donor restrictions
$2,964,073
Gross receipts
$3,248,048
Employees
3
Volunteers
0
Year formed
2019
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
CHAIM S KRESCHTRUSTEE
Trustee or director, Officer
50$0
DOV SHTEMERTRUSTEE
Trustee or director
10$0
TZVI REICHMANTRUSTEE
Trustee or director
10$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
CHAIM S KRESCHTRUSTEE
Trustee or director, Officer
50$0
DOV SHTEMERTRUSTEE
Trustee or director
10$0
TZVI REICHMANTRUSTEE
Trustee or director
10$0

Address and contacts

Address (IRS master file)
1177 48TH ST, BROOKLYN, NY 11219-3008
Principal officer (990 for 2024)
CHAIM S KRESCH, 17 MAIN ST 202, MONSEY, NY 10952
Signed the 990
CHAIM S KRESCH, OFFICER
Phone
(914) 233-5282
Return prepared by
M KOHN & CO

Mission

TO SUPPORT THE LANIADO HOSPITAL IN NETANYA ISRAEL AND OTHER CHARITABLE ORGANIZATIONS

990 for the year ended December 31, 2024

Program accomplishments

  • TO SUPPORT THE LANIADO HOSPITAL IN NETANYA ISRAEL AND OTHER CHARITABLE ORGANIZATIONS
    Expenses $2,605,852 · grants $2,567,300 · revenue $3,144,337

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
83-4291538
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H30)
Assets (IRS master file)
$2,980,511
Income (IRS master file)
$3,248,048

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$4,713,913$1,880,428$3,029,592IRS
990December 2022$1,624,823$1,970,399$199,789IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about LANIADO DEVELOPMENT FUND INC

What is the EIN of LANIADO DEVELOPMENT FUND INC?
The employer identification number (EIN) of LANIADO DEVELOPMENT FUND INC is 83-4291538.
Is LANIADO DEVELOPMENT FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to LANIADO DEVELOPMENT FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LANIADO DEVELOPMENT 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 LANIADO DEVELOPMENT 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 LANIADO DEVELOPMENT FUND 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 LANIADO DEVELOPMENT FUND INC?
The 990 for the year ended December 31, 2024 names CHAIM S KRESCH.
Who are the officers and directors of LANIADO DEVELOPMENT FUND INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does LANIADO DEVELOPMENT FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,248,048, expenses of $3,313,567 and total assets of $2,980,511 at year end.

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