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Nonprofit · EIN 86-2715496

LAKEWOOD STUDY SQUARE INC

Tax-exempt · LAKEWOOD, NJ 08701

Financials

$274K$699K2023$638K$828K2024
Revenue Expenses · by fiscal year end
Financials of LAKEWOOD STUDY SQUARE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$638,271$827,846-$189,575$5,452,635$6,023,648-$571,013
December 31, 2023990$274,175$699,090-$424,915$5,131,923$5,513,361-$381,438
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$572,574
of which government grants
$257,000
Program service revenue
$5,697
Investment income
$0
Net rental income
$60,000
Other revenue
$60,000

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$99,877
Salaries, compensation and benefits (total)
$110,620
Professional fundraising fees
$0
Legal fees
$1,645
Occupancy
$13,392
Depreciation
$64,648
Program services (functional)
$638,968
Management and general (functional)
$160,158
Fundraising (functional)
$28,720

Balance sheet and other

Total assets, start of year
$5,131,923
Total assets, end of year
$5,452,635
Total liabilities, end of year
$6,023,648
Net assets, end of year
-$571,013
Land, buildings and equipment
$4,086,493
Net assets without donor restrictions
-$571,013
Gross receipts
$638,271
Employees
3
Volunteers
15
Year formed
2021
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHAIM ROTTENBERGTRUSTEE
Trustee or director
1$0
HANNAH STEFANSKYSECRETARY
Trustee or director
20$0
MARK TRESSPRESIDENT
Trustee or director
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
CHAIM ROTTENBERGTRUSTEE
Trustee or director
1$0
HANNAH STEFANSKYSECRETARY
Trustee or director
20$0
MARK TRESSPRESIDENT
Trustee or director
2$0

Address and contacts

Address (IRS master file)
150 AIRPORT RD STE 950, LAKEWOOD, NJ 08701-7044
Mailing address (990-N for 2021)
150 AIRPORT ROAD STE 950, LAKEWOD NJ 08701
Principal officer (990 for 2024)
MARK TRESS, 150 AIRPORT ROAD SUITE 950, LAKEWOOD, NJ 08701
Principal officer (990-N for 2021)
MARK TRESS, 14 CEDAR DRIVE, LAKEWOOD NJ 08701
Signed the 990
MARK TRESS, PRESIDENT
Phone
(732) 370-9294
Return prepared by
GERSHON BIEGELEISEN & CO CPAS LLC

Mission

TO PROVIDE A WIDE RANGE OF PROGRAMS AND SERVICES TO LAKEWOOD'S OLDER ADULTS AT THEIR SENIOR CENTER. THESE ADULTS BENEFIT FROM SOCIAL INTERACTION DURING THE DAY,WHICH ALLOWS MEMBERS TO STAY SAFE, ACTIVE, HEALTHY AND INDEPENDENT.

990 for the year ended December 31, 2024

Program accomplishments

  • LAKEWOOD STUDY SQUARE IS PURCHASING A PROPERTY AND RENOVATING IT TO PROVIDE A NEW STATE OF THE ART SENIOR CENTER, WHICH WILL SERVE AS A COMMUNITY FOCAL POINT FOR LAKEWOOD'S OLDER ADULTS. CURRENTLY, THERE ARE MANY SENIORS IN LAKEWOOD, MANY OF THEM WOMEN, AND MANY WHO LIVE ALONE. THEY ARE IN NEED OF SOCIAL INTERACTION DURING THE DAY. THE SENIOR CENTER WILL PROVIDE PARTICIPANTS WITH HIGHER LEVELS OF HEALTH, SOCIAL INTERACTION, AND LIFE SATISFACTION. IT WILL ALLOW THE PARTICIPATING MEMBERS TO STAY SAFE, ACTIVE, HEALTHY AND INDEPENDENT.
    Expenses $638,968 · revenue $5,697

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
86-2715496
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$5,452,635
Income (IRS master file)
$638,271

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$638,271$827,846$5,452,635IRS
990December 2023$274,175$699,090$5,131,923XML
990December 2022$112,115$71,085$43,477IRS
990-N for 2021
Officer: MARK TRESS
December 31, 2021≤ $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 86-2715496).

Questions about LAKEWOOD STUDY SQUARE INC

What is the EIN of LAKEWOOD STUDY SQUARE INC?
The employer identification number (EIN) of LAKEWOOD STUDY SQUARE INC is 86-2715496.
Is LAKEWOOD STUDY SQUARE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to LAKEWOOD STUDY SQUARE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKEWOOD STUDY SQUARE 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 LAKEWOOD STUDY SQUARE 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 LAKEWOOD STUDY SQUARE 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 LAKEWOOD STUDY SQUARE INC?
The 990 for the year ended December 31, 2024 names MARK TRESS.
Who are the officers and directors of LAKEWOOD STUDY SQUARE INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does LAKEWOOD STUDY SQUARE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $638,271, expenses of $827,846 and total assets of $5,452,635 at year end.

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