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Nonprofit · EIN 87-1965359

ASCLEPIUS INITIATIVE INC

Tax-exempt · LOUISVILLE, KY 40222

Financials

$613K$492K2023$365K$399K2024
Revenue Expenses · by fiscal year end
Financials of ASCLEPIUS INITIATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$364,889$399,155-$34,266$194,034$97,600$96,434
June 30, 2024990$613,101$491,632$121,469$260,080$129,379$130,701
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$364,889
of which government grants
$17,288
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$73,816
Other salaries and wages
$107,999
Salaries, compensation and benefits (total)
$208,940
Professional fundraising fees
$0
Accounting fees
$500
Travel
$1,442
Program services (functional)
$396,829
Management and general (functional)
$1,505
Fundraising (functional)
$821

Balance sheet and other

Total assets, start of year
$260,080
Total assets, end of year
$194,034
Total liabilities, end of year
$97,600
Net assets, end of year
$96,434
Net assets without donor restrictions
$96,434
Gross receipts
$364,889
Employees
6
Volunteers
0
Year formed
2021
State of legal domicile
KY

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.

NameTitleHours / weekCompensation
Susan BornsteinCEO
Trustee or director, Officer
40$73,816
Steve BargerTreasurer
Trustee or director
1$0
Craig BlakelyDirector
Trustee or director
1$0
John ChessareVice Chair
Trustee or director
1$0
Lindsay DellaDirector
Trustee or director
3$0
Shireen DeobhaktaDirector
Trustee or director
1$0
Michael GruenthalDirector
Trustee or director
2$0
Kevin PearceChairman
Trustee or director
3$0
Elizabeth Wessels MartinDirector
Trustee or director
1$0
Jeffery ZakemSecretary
Trustee or director
1$0
Meredith LambeDirector
Trustee or director
1$0
Kimberly LinkDirector
Trustee or director
1$0
Barbara Hadley-SmithDirector
Trustee or director
1$0
Carole ChristianDirector
Trustee or director
1$0
David BoltDirector
Trustee or director
1$0
3 more people on this return
NameTitleHours / weekCompensation
Martin WesselsDirector
Trustee or director
1$0
Daniel WeberDirector
Trustee or director
1$0
Kimberlee TurnerDirector
Trustee or director
1$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensation
SUSAN BORNSTEINCEO
Trustee or director, Officer
40$70,041
STEVE BARGERTREASURER
Trustee or director
0.5$0
CRAIG BLAKELYDIRECTOR
Trustee or director
0.5$0
DAVID BOLTDIRECTOR
Trustee or director
0.5$0
JOHN CHESSAREVICE CHAIR
Trustee or director
0.5$0
CAROLE CHRISTIANDIRECTOR
Trustee or director
0.5$0
LINDSAY DELLADIRECTOR
Trustee or director
3$0
SHIREEN DEOBHAKTADIRECTOR
Trustee or director
1$0
MICHAEL GRUENTHALDIRECTOR
Trustee or director
1.5$0
KIM LINKDIRECTOR
Trustee or director
0.5$0
ELIZABETH WESSELS MARTINDIRECTOR
Trustee or director
0.5$0
KEVIN PEARCECHAIRMAN
Trustee or director
3$0
BARBARA HADLEY SMITHDIRECTOR
Trustee or director
0.5$0
KIMBERLEE TURNERDIRECTOR
Trustee or director
0.5$0
JEFFERY ZAKEMSECRETARY
Trustee or director
1$0

Address and contacts

Address (IRS master file)
5907 BRITTANY VALLEY RD, LOUISVILLE, KY 40222-5905
Mailing address (990-N for 2022)
5907 Brittany Valley Rd, Louisville KY 40222
Principal officer (990 for 2024)
Susan Bornstein, 5907 Brittany Valley Rd, Louisville, KY 40222
Principal officer (990-N for 2022)
Susan G Bornstein, 5907 Brittany Valley Rd, Louisville KY 40222
Signed the 990
Susan Bornstein, CEO
Return prepared by
Strothman&Co dba Innovative Tax Advisors

Mission

Improve the health and economic stability of Kentuckians through educating, inspiring, and mobilizing people to advocate for a universally accessible, affordable, equitable, and high-quality healthcare delivery system.

990 for the year ended June 30, 2025

Program accomplishments

  • Health care coverage literacy education in Black, Spanish-speaking & rural populations in Kentucky, groups which are known to be less likely to be insured, have worse health outcomes, and lower healthcare coverage literacy rates.
    Expenses $396,829
  • Focus group study to understand the disconnect between Kentuckys relatively low (health) uninsurance rate and its poor health outcome status.

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
87-1965359
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
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E05)
Assets (IRS master file)
$194,034
Income (IRS master file)
$364,889

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$364,889$399,155$194,034XML
990June 2024$613,101$491,632$260,080XML
990-N for 2022
Officer: Susan G Bornstein
June 30, 2023≤ $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 87-1965359).

Questions about ASCLEPIUS INITIATIVE INC

What is the EIN of ASCLEPIUS INITIATIVE INC?
The employer identification number (EIN) of ASCLEPIUS INITIATIVE INC is 87-1965359.
Is ASCLEPIUS INITIATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to ASCLEPIUS INITIATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASCLEPIUS INITIATIVE 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 ASCLEPIUS INITIATIVE 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 ASCLEPIUS INITIATIVE 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 ASCLEPIUS INITIATIVE INC?
The 990 for the year ended June 30, 2025 names Susan Bornstein.
Who are the officers and directors of ASCLEPIUS INITIATIVE INC?
The 990 for the year ended June 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $73,816 (Susan Bornstein, CEO).
How much revenue does ASCLEPIUS INITIATIVE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $364,889, expenses of $399,155 and total assets of $194,034 at year end.

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