Nonprofit · EIN 87-1965359
ASCLEPIUS INITIATIVE INC
Tax-exempt · LOUISVILLE, KY 40222
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $364,889 | $399,155 | -$34,266 | $194,034 | $97,600 | $96,434 |
| June 30, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Bornstein | CEO Trustee or director, Officer | 40 | $73,816 |
| Steve Barger | Treasurer Trustee or director | 1 | $0 |
| Craig Blakely | Director Trustee or director | 1 | $0 |
| John Chessare | Vice Chair Trustee or director | 1 | $0 |
| Lindsay Della | Director Trustee or director | 3 | $0 |
| Shireen Deobhakta | Director Trustee or director | 1 | $0 |
| Michael Gruenthal | Director Trustee or director | 2 | $0 |
| Kevin Pearce | Chairman Trustee or director | 3 | $0 |
| Elizabeth Wessels Martin | Director Trustee or director | 1 | $0 |
| Jeffery Zakem | Secretary Trustee or director | 1 | $0 |
| Meredith Lambe | Director Trustee or director | 1 | $0 |
| Kimberly Link | Director Trustee or director | 1 | $0 |
| Barbara Hadley-Smith | Director Trustee or director | 1 | $0 |
| Carole Christian | Director Trustee or director | 1 | $0 |
| David Bolt | Director Trustee or director | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martin Wessels | Director Trustee or director | 1 | $0 |
| Daniel Weber | Director Trustee or director | 1 | $0 |
| Kimberlee Turner | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN BORNSTEIN | CEO Trustee or director, Officer | 40 | $70,041 |
| STEVE BARGER | TREASURER Trustee or director | 0.5 | $0 |
| CRAIG BLAKELY | DIRECTOR Trustee or director | 0.5 | $0 |
| DAVID BOLT | DIRECTOR Trustee or director | 0.5 | $0 |
| JOHN CHESSARE | VICE CHAIR Trustee or director | 0.5 | $0 |
| CAROLE CHRISTIAN | DIRECTOR Trustee or director | 0.5 | $0 |
| LINDSAY DELLA | DIRECTOR Trustee or director | 3 | $0 |
| SHIREEN DEOBHAKTA | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL GRUENTHAL | DIRECTOR Trustee or director | 1.5 | $0 |
| KIM LINK | DIRECTOR Trustee or director | 0.5 | $0 |
| ELIZABETH WESSELS MARTIN | DIRECTOR Trustee or director | 0.5 | $0 |
| KEVIN PEARCE | CHAIRMAN Trustee or director | 3 | $0 |
| BARBARA HADLEY SMITH | DIRECTOR Trustee or director | 0.5 | $0 |
| KIMBERLEE TURNER | DIRECTOR Trustee or director | 0.5 | $0 |
| JEFFERY ZAKEM | SECRETARY 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
- Website
- www.asclepiusinitiative.org
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $364,889 | $399,155 | $194,034 | XML |
| 990 | June 2024 | $613,101 | $491,632 | $260,080 | XML |
| 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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