Nonprofit · EIN 85-2811793
COR JESU FOUNDATION INC
Tax-exempt · EAST ELMHURST, NY 11370
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $498,380 | $391,497 | $106,883 | $6,011,488 | $11,009 | $6,000,479 |
| June 30, 2024 | 990 | $590,360 | $1,535,418 | -$945,058 | $6,517,453 | $923,393 | $5,594,060 |
| June 30, 2023 | 990 | $653,755 | $290,038 | $363,717 | $6,083,290 | $16,535 | $6,066,755 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $183,262
- Program service revenue
- $0
- Investment income
- $227,545
- Net income from fundraising events
- $87,573
- Other revenue
- $87,573
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $225,919
- Salaries, compensation and benefits (total)
- $289,136
- Professional fundraising fees
- $0
- Accounting fees
- $6,000
- Program services (functional)
- $289,136
- Management and general (functional)
- $96,873
- Fundraising (functional)
- $5,488
Balance sheet and other
- Total assets, start of year
- $6,517,453
- Total assets, end of year
- $6,011,488
- Total liabilities, end of year
- $11,009
- Net assets, end of year
- $6,000,479
- Net assets without donor restrictions
- $5,712,213
- Net assets with donor restrictions
- $288,266
- Gross receipts
- $556,982
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2023
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Louis Magnan | Chairman Trustee or director | 5 | $0 |
| Michelle Giocastro | Treasurer Trustee or director | 5 | $0 |
| Nicholas Melito | President Trustee or director | 5 | $0 |
| Mark E Arning | Board Member Trustee or director | 5 | $0 |
| John Devlin III | Board Member Trustee or director | 5 | $0 |
| Martin McManus | Secretary Trustee or director | 5 | $0 |
| Louis P Valerio | Trustee Trustee or director | 5 | $0 |
| Steve Casella | Board Member Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Louis Magnan | Chairman Trustee or director | 5 | $0 |
| Michelle Giocastro | Treasurer Trustee or director | 5 | $0 |
| Nicholas Melito | President Trustee or director | 5 | $0 |
| Mark E Arning | Board Member Trustee or director | 5 | $0 |
| John Devlin III | Board Member Trustee or director | 5 | $0 |
| Martin McManus | Secretary Trustee or director | 5 | $0 |
| Louis P Valerio | Trustee Trustee or director | 5 | $0 |
| Steve Casella | Board Member Trustee or director | 5 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Reale | Chairman Trustee or director | 5 | $0 |
| Louis Magnan | Chairman Trustee or director | 5 | $0 |
| Michelle Giocastro | Treasurer Trustee or director | 5 | $0 |
| Nicholas Melito | President Trustee or director | 5 | $0 |
| Mark E Arning | Chairman Trustee or director | 5 | $0 |
| John Devlin III | Chairman Trustee or director | 5 | $0 |
| Martin McManus | Secretary Trustee or director | 5 | $0 |
| Louis P Valerio | Trustee Trustee or director | 5 | $0 |
| Martin McManus | Secretary Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 7106 31ST AVE, EAST ELMHURST, NY 11370-1726
- Principal officer (990 for 2024)
- Michelle Giocastro
- Signed the 990
- Michelle Giocastro, Treasurer
- Phone
- (718) 397-9343
- Return prepared by
- Hochuli CPA PLLC
Mission
The mission of the Cor Jesu Foundation is to providefinancial support to help perpetuate the charism, life, and mission of theBrothers of the Sacred Heart, currently at Monsignor McClancy Memorial HighSchool.
Program accomplishments
- The mission of the Cor Jesu Foundation is to providefinancial support to help perpetuate the charism, life, and mission of theBrothers of the Sacred Heart, currently at Monsignor McClancy Memorial HighSchool.Expenses $289,136 · revenue $227,545
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 85-2811793
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Exempt since
- 1946
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $6,011,488
- Income (IRS master file)
- $556,982
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $498,380 | $391,497 | $6,011,488 | XML |
| 990 | June 2024 | $590,360 | $1,535,418 | $6,517,453 | IRS |
| 990 | June 2023 | $653,755 | $290,038 | $6,083,290 | IRS |
| 990 | June 2022 | $6,395,925 | $79,393 | $5,709,038 | IRS |
| 990-EZ | June 2021 | – | – | – | 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 85-2811793).
Questions about COR JESU FOUNDATION INC
- What is the EIN of COR JESU FOUNDATION INC?
- The employer identification number (EIN) of COR JESU FOUNDATION INC is 85-2811793.
- Is COR JESU FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does COR JESU FOUNDATION 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 COR JESU FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COR JESU FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of COR JESU FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Michelle Giocastro.
- Who are the officers and directors of COR JESU FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does COR JESU FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $498,380, expenses of $391,497 and total assets of $6,011,488 at year end.
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