Nonprofit · EIN 86-1268627
HESSION FOUNDATION CORPORATION
Also known as HESSION FOUNDATION
Tax-exempt · MONTVILLE, NJ 07045
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $134,550 | $198,975 | -$64,425 | $45,401 | $0 | $45,401 |
| December 31, 2024 | 990-EZ | $139,117 | $92,722 | $46,395 | $109,886 | $60 | $109,826 |
| December 31, 2023 | 990-EZ | $66,315 | $10,014 | $56,301 | $63,431 | $0 | $63,431 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $109,678
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $24,872
- Other revenue
- $24,872
Expenses
- Grants and similar amounts paid
- $83,760
- Other salaries and wages
- $70,000
- Salaries, compensation and benefits (total)
- $95,304
- Professional fundraising fees
- $0
- Accounting fees
- $6,320
- Program services (functional)
- $83,760
- Management and general (functional)
- $115,215
Balance sheet and other
- Total assets, start of year
- $109,886
- Total assets, end of year
- $45,401
- Total liabilities, end of year
- $0
- Net assets, end of year
- $45,401
- Net assets without donor restrictions
- $45,401
- Gross receipts
- $202,753
- Employees
- 1
- Volunteers
- 10
- Year formed
- 2020
- State of legal domicile
- NJ
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE HESSION | TRUSTEE Trustee or director | 1 | $0 |
| SCOTT BALDASSANO | TRUSTEE Trustee or director | 1 | $0 |
| PATRICK HESSION | TRUSTEE Trustee or director | 1 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE HESSION | TRUSTEE | 1 | $0 |
| SCOTT BALDASSANO | TRUSTEE | 1 | $0 |
| PAT HESSION | TRUSTEE | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE HESSION | TRUSTEE | 1 | $0 |
| SCOTT BALDASSANO | TRUSTEE | 1 | $0 |
| PAT HESSION | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 112 MAIN RD STE 4, MONTVILLE, NJ 07045-9777
- In care of
- % THE HESSION FOUNDATION
- Principal officer (990 for 2025)
- SCOTT BALDASSANO, 112 MAIN ROAD SUITE 4, MONTVILLE, NJ 07045
- Signed the 990
- JOE HESSION, TRUSTEE
- Phone
- (973) 332-2353
- Return prepared by
- EISNER ADVISORY GROUP LLC
Mission
TO PROVIDE FUNDING TO CHARITIES DEDICATED TO ENDING ADDICTION AND STRENGTHENING CONNECTIONS AMONG YOUTH, PARENTS AND THE BROADER COMMUNITY.
Program accomplishments
- TO PROVIDE FUNDING FOR CHARITIES FOCUSED ON ENDINGADDICTION.Expenses $20,000 · grants $20,000
- TO PROVIDE FUNDING FOR CHARITIES ON BUILDING THERELATIONSHIPS BETWEEN THE YOUTH, PARENTS AND THECOMMUNITY.Expenses $63,760 · grants $63,760
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-1268627
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mental health and crisis intervention (F20)
- Assets (IRS master file)
- $45,401
- Income (IRS master file)
- $202,753
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $134,550 | $198,975 | $45,401 | XML |
| 990-EZ | December 2024 | $139,117 | $92,722 | $109,886 | XML |
| 990-EZ | December 2023 | $66,315 | $10,014 | $63,431 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | 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 86-1268627).
Questions about HESSION FOUNDATION CORPORATION
- What is the EIN of HESSION FOUNDATION CORPORATION?
- The employer identification number (EIN) of HESSION FOUNDATION CORPORATION is 86-1268627.
- Is HESSION FOUNDATION CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to HESSION FOUNDATION CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HESSION FOUNDATION CORPORATION 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 HESSION FOUNDATION CORPORATION 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 HESSION FOUNDATION CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HESSION FOUNDATION CORPORATION?
- The 990 for the year ended December 31, 2025 names SCOTT BALDASSANO.
- Who are the officers and directors of HESSION FOUNDATION CORPORATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does HESSION FOUNDATION CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $134,550, expenses of $198,975 and total assets of $45,401 at year end.
Other nonprofits in MONTVILLE
- KASPAROV CHESS FOUNDATION INC EIN 47-0870553 · last filed 990 for 2024
- THE LAKE VALHALLA CLUB EIN 22-6097065 · last filed 990 for 2024
- TRINITY CHRISTIAN SCHOOL OF MONTVILLE INC EIN 22-2724571 · last filed 990 for 2025
- TRUSTEES OF THE FREE PUBLIC LIBRARY OF THE TOWNSHIP OF MONTVILLE EIN 22-2952188 · last filed 990 for 2024
- INTERNATIONAL CHESS SCHOOL INC EIN 22-3373406 · last filed 990 for 2024
- BETHEL RENEWAL CENTER A NJ NONPROFIT CORPORATION EIN 46-2088153 · last filed 990 for 2024
- PTA NEW JERSEY CONGRESS OF PARENTS & TEACHERS EIN 22-3253289 · last filed 990-N for 2024
- GREENWOOD CEMETERY ASSOCIATION OF BOONTON NEW JERSEY EIN 22-0963940 · last filed 990 for 2025
All nonprofits in MONTVILLE · New Jersey · Mental health and crisis intervention