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Nonprofit · EIN 85-3931003

OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC

Tax-exempt · MIDDLEBORO, MA 02346

Financials

$54K$27K2023$100K$49K2024$84K$66K2025
Revenue Expenses · by fiscal year end
Financials of OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$83,984$65,947$18,037$177,742$0$177,742
December 31, 2024990-EZ$99,744$49,174$50,570$159,705$0$159,705
December 31, 2023990-EZ$53,646$27,207$26,439$109,135$0$109,135
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$32,634
Program service revenue
$0
Investment income
$2,416
Net income from fundraising events
$48,934
Other revenue
$0

Expenses

Grants and similar amounts paid
$63,500
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$2,128
Printing, publications and postage
$319
Program services (functional)
$63,500

Balance sheet and other

Total assets, start of year
$159,705
Total assets, end of year
$177,742
Total liabilities, end of year
$0
Net assets, end of year
$177,742
Cash, savings and investments
$177,742
Gross receipts
$87,099

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
John BurbagePresident32$0
Cathleen ShachoySecretary30$0
Linda LorussoTreasurer15$0
Scott BaptistaVice President20$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
John BurbagePresident25$0
Cathleen ShachoySecretary25$0
Linda LorussoTreasurer20$0
David LittleVice President20$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
John BurbagePresident25$0
Cathleen ShachoySecretary20$0
Linda LorussoTreasurer10$0

Address and contacts

Address (IRS master file)
200 OAK POINT DR, MIDDLEBORO, MA 02346-1325
In care of
% JOHN BURBAGE
Mailing address (990-N for 2021)
200 Oak Point Drive, Middleboro MA 02346
Principal officer (990-N for 2021)
John Burbage, 2406 Green Street, Middleboro MA 02346
Signed the 990-EZ
John Burbage, President
Phone
(774) 213-9968

Mission

Our 55+ community raises funds through events held both on premises and in the Middleboro community to provide scholarships and tool ships to Middleboro students graduating from Middleboro High School, Bristol Plymouth Regional Technical School and now also Bristol County Agricultural High School.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Two Middleborough Class of 2024 graduates received scholarships totaling $4,500 to attend UMASS Amherst in Amherst, MA. One scholarship was in the amount of $3,000 and the other was in the amount of $1,500. The funds were remitted to the student account once their first semester transcript was received.
    Expenses $4,500 · grants $4,500
  • Five Middleborough Class of 2024 graduates received scholarships totaling $12,000 to attend Bridgewater State University in Bridgewater, MA. Two scholarships were in the amount of $3,000, one was for $2,500, one was for $2,000 and the other was in the amount of $1,500. The funds were remitted to the student accounts once their first semester transcript was received.
    Expenses $12,000 · grants $12,000
  • Two Middleborough Class of 2024 graduates received scholarships totaling $6,000 to attend UMASS Dartmouth in Dartmouth, MA. Both scholarships were in the amount of $3,000. The funds were remitted to the student account once their first semester transcript was received.
    Expenses $6,000 · grants $6,000
  • Additional scholarship and tool ship awards paid out during calendar 2025. Described in Schedule O
    Expenses $41,000 · grants $41,000

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
85-3931003
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$177,742
Income (IRS master file)
$87,099

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$83,984$65,947$177,742IRS
990-EZDecember 2024$99,744$49,174$159,705IRS
990-EZDecember 2023$53,646$27,207$109,135XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: John Burbage
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: John Burbage
December 31, 2020≤ $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 85-3931003).

Questions about OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC

What is the EIN of OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC?
The employer identification number (EIN) of OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC is 85-3931003.
Is OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS 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 OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS 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 OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC?
The 990-N for 2021 names John Burbage.
Who are the officers and directors of OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does OAK POINT HOMEOWNERS SCHOLARSHIP FUNDS INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $83,984, expenses of $65,947 and total assets of $177,742 at year end.

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