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Nonprofit · EIN 88-3052621

MAPLEWOOD FOUNDATION INC

Tax-exempt · MAPLEWOOD, NJ 07040

Financials

$1.2M$237K2023$414K$194K2024
Revenue Expenses · by fiscal year end
Financials of MAPLEWOOD FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$414,459$193,713$220,746$1,223,562$54,491$1,169,071
December 31, 2023990$1,153,456$237,373$916,083$971,400$23,076$948,324
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$309,420
Program service revenue
$0
Investment income
$105,039
Other revenue
$0

Expenses

Grants and similar amounts paid
$70,000
Compensation of officers, directors and key employees
$0
Other salaries and wages
$14,600
Salaries, compensation and benefits (total)
$16,286
Professional fundraising fees
$0
Program services (functional)
$80,358
Management and general (functional)
$36,229
Fundraising (functional)
$77,126

Balance sheet and other

Total assets, start of year
$971,400
Total assets, end of year
$1,223,562
Total liabilities, end of year
$54,491
Net assets, end of year
$1,169,071
Publicly traded securities
$1,143,530
Net assets without donor restrictions
$1,169,071
Gross receipts
$414,459
Employees
1
Year formed
2022
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
FRED R PROFETA JRPresident
Trustee or director, Officer
10$0
VEDA TRUESDALEVICE PRESIDENT
Trustee or director, Officer
1$0
BETH DAUGHERTYVice President
Trustee or director, Officer
1$0
JADE DEANTrustee
Trustee or director
1$0
CAROL FARDINTrustee
Trustee or director
1$0
RICK GREENBERGTrustee
Trustee or director
1$0
KIEONNA HILLTrustee
Trustee or director
1$0
GREG LEMBRICHTreasurer
Trustee or director, Officer
1$0
FRANK MCGEHEETrustee
Trustee or director
1$0
ROSEMARY OSTMANNChairman
Trustee or director, Officer
1$0
SUSAN PROFETATrustee
Trustee or director
1$0
KRISTY RANIERITrustee
Trustee or director
1$0
BECKY SCHEERSecretary
Trustee or director, Officer
1$0
CRAIG KLINETrustee
Trustee or director
1$0
LISA STAMMTrustee
Trustee or director
1$0
4 more people on this return
NameTitleHours / weekCompensation
CHRISTIE HUUSTrustee
Trustee or director
1$0
SANDI GOODMANTrustee
Trustee or director
1$0
TAYLOR VALENTINETrustee
Trustee or director
1$0
AARON RYANTrustee
Trustee or director
1$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensation
FRED R PROFETA JRPresident
Trustee or director, Officer
10$0
VEDA TRUESDALEVICE PRESIDENT
Trustee or director, Officer
1$0
BETH DAUGHERTYVice President
Trustee or director, Officer
1$0
JADE DEANTrustee
Trustee or director
1$0
CAROL FARDINTrustee
Trustee or director
1$0
RICK GREENBERGTrustee
Trustee or director
1$0
KIEONNA HILLTrustee
Trustee or director
1$0
GREG LEMBRICHTreasurer
Trustee or director, Officer
1$0
FRANK MCGEHEETrustee
Trustee or director
1$0
ROSEMARY OSTMANNChairman
Trustee or director, Officer
1$0
SUSAN PROFETATrustee
Trustee or director
1$0
KRISTY RANIERITrustee
Trustee or director
1$0
BECKY SCHEERSecretary
Trustee or director, Officer
1$0
ERIN R SCHERZERTrustee
Trustee or director
1$0
EDWARD M STUARTTrustee
Trustee or director
1$0
KATLIN WITTLEDERChairman
Trustee or director, Officer
1$0
CHRISTIE HUUSTrustee
Trustee or director
1$0
SANDI GOODMANTrustee
Trustee or director
1$0
TAYLOR VALENTINETrustee
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 433, MAPLEWOOD, NJ 07040-0433
In care of
% FRED R PROFETA JR
Principal officer (990 for 2024)
FRED R PROFETA JR, PO BOX 433, MAPLEWOOD, NJ 07040
Signed the 990
FRED R PROFETA JR, President
Phone
(917) 373-1108
Return prepared by
SAMUEL KLEIN AND COMPANY

Mission

THE MISSION OF THE FOUNDATION IS TO PROVIDE CONTINUING AND GROWING FINANCIAL SUPORT TO THE ORGANIZATIONS, NEW AND ESTABLISH, DEDICATED TO IMPROVING THE QUALITY OF LIFE OF ALL OUR RESIDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • The organization uses a grant-awarding process to disseminate approximately 5% of its net assets each year in support of established and aspiring nonprofits.
    Expenses $80,358

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
88-3052621
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,223,562
Income (IRS master file)
$414,459

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$414,459$193,713$1,223,562XML
990December 2023$1,153,456$237,373$971,400XML
990December 2022$38,580$38,520$160IRS

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 88-3052621).

Questions about MAPLEWOOD FOUNDATION INC

What is the EIN of MAPLEWOOD FOUNDATION INC?
The employer identification number (EIN) of MAPLEWOOD FOUNDATION INC is 88-3052621.
Is MAPLEWOOD FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to MAPLEWOOD FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAPLEWOOD FOUNDATION 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 MAPLEWOOD FOUNDATION 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 MAPLEWOOD FOUNDATION 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 MAPLEWOOD FOUNDATION INC?
The 990 for the year ended December 31, 2024 names FRED R PROFETA JR.
Who are the officers and directors of MAPLEWOOD FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 19 people; 0 received compensation from the organization.
How much revenue does MAPLEWOOD FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $414,459, expenses of $193,713 and total assets of $1,223,562 at year end.

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