Nonprofit · EIN 85-4344480
NESSIM FAMILY FOUNDATION
Tax-exempt · SAG HARBOR, NY 11963
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $178,257 | $139,215 | $39,042 | $1,940,184 | $0 | $1,940,184 |
| December 31, 2023 | 990-PF | $57,259 | $126,861 | -$69,602 | $2,054,349 | $0 | $2,054,349 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $25,000
- Dividends
- $22,353
- Interest
- $3,195
- Net gain from sales of assets
- $93,247
- Other income
- $34,462
Expenses
- Grants and similar amounts paid
- $88,872
- Disbursements for charitable purposes
- $88,872
- Excise tax on investment income
- $1,434
Balance sheet and other
- Total assets, start of year
- $2,054,349
- Total assets, end of year
- $1,940,184
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,940,184
- Fair market value of assets
- $1,986,912
- Qualifying distributions
- $88,872
- Net investment income
- $153,257
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL NESSIM 97 NORTH HAVEN WAY, SAG HARBOR, NY 11963 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL NESSIM 97 NORTH HAVEN WAY, SAG HARBOR, NY 11963 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 97 N HAVEN WAY, SAG HARBOR, NY 11963-4306
- In care of
- % MICHAEL NESSIM
- Signed the 990-PF
- MICHAEL NESSIM, TRUSTEE
- Phone
- (914) 924-2549
- Return prepared by
- BRUCE IRA GREENBERG CPA PC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 85-4344480
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,940,184
- Income (IRS master file)
- $880,516
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $178,257 | $139,215 | $1,940,184 | IRS |
| 990-PF | December 2023 | $57,259 | $126,861 | $2,054,349 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 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 85-4344480).
Questions about NESSIM FAMILY FOUNDATION
- What is the EIN of NESSIM FAMILY FOUNDATION?
- The employer identification number (EIN) of NESSIM FAMILY FOUNDATION is 85-4344480.
- Is NESSIM FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to NESSIM FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does NESSIM FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of NESSIM FAMILY FOUNDATION 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 NESSIM FAMILY FOUNDATION 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 NESSIM FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does NESSIM FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $178,257, expenses of $139,215 and total assets of $1,940,184 at year end.
Other nonprofits in SAG HARBOR
- THE SONO AND VICTOR ELMALEH FOUNDATION EIN 35-2354358 · last filed 990-PF for 2024
- SCHOENHUT FAMILY FOUNDATION INC EIN 27-3971234 · last filed 990-PF for 2025
- STOWE FAMILY FOUNDATION EIN 13-7104307 · last filed 990-PF for 2025
- BLANCK FAMILY FOUNDATION EIN 52-2361044 · last filed 990-PF for 2024
- FISCHL GORNIK FAMILY FOUNDATION INC EIN 30-0475431 · last filed 990-PF for 2024
- CONSTRUCTION CAREER CHARITABLE FUND INC EIN 93-4153592 · last filed 990-PF for 2025
- BLATTE FAMILY FOUNDATION EIN 11-3435540 · last filed 990-PF for 2025
- JOSEPH R DALY FOUNDATION B EIN 91-2021298 · last filed 990-PF for 2025
All nonprofits in SAG HARBOR · New York · Philanthropy, voluntarism and grantmaking foundations