Nonprofit · EIN 88-4239357
MASAN GROUP INITIATIVE CORP
Also known as MASAN GROUP INITIATIVE
Tax-exempt · WEST PALM BCH, FL 33410
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | -$21,277 | $30,340 | -$51,617 | $609,963 | $0 | $609,963 |
| December 31, 2024 | 990-PF | -$329,963 | $40,979 | -$370,942 | $661,580 | $0 | $661,580 |
| December 31, 2023 | 990-PF | $77,547 | $45,025 | $32,522 | $1,037,969 | $5,447 | $1,032,522 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $12,400
- Interest
- $7
- Net gain from sales of assets
- -$33,684
Expenses
- Grants and similar amounts paid
- $30,340
- Disbursements for charitable purposes
- $30,340
- Excise tax on investment income
- $173
Balance sheet and other
- Total assets, start of year
- $661,580
- Total assets, end of year
- $609,963
- Total liabilities, end of year
- $0
- Net assets, end of year
- $609,963
- Fair market value of assets
- $609,963
- Qualifying distributions
- $30,340
- Net investment income
- $12,435
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINA SHER 510 KAY TERRACE, BOCA RATON, FL 33433 | DIRECTOR | 0 | $0 |
| MARIELA ARROYO 10967 NW 61ST CT, PARKLAND, FL 33076 | TREASURER | 0 | $0 |
| ALEXANDER FELDMAN 10967 NW 61ST CT, PARKLAND, FL 33076 | PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINA SHER 510 KAY TERRACE, BOCA RATON, FL 33433 | DIRECTOR | 0 | $0 |
| MARIELA ARROYO 10967 NW 61ST CT, PARKLAND, FL 33076 | TREASURER | 0 | $0 |
| ALEXANDER FELDMAN 10967 NW 61ST CT, PARKLAND, FL 33076 | PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINA SHER 510 KAY TERRACE, BOCA RATON, FL 33433 | DIRECTOR | 0 | $0 |
| MARIELA ARROYO 10967 NW 61ST CT, PARKLAND, FL 33076 | TREASURER | 0 | $0 |
| ALEXANDER FELDMAN 10967 NW 61ST CT, PARKLAND, FL 33076 | PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 8409 N MILITARY TRL STE 119, WEST PALM BCH, FL 33410-6324
- In care of
- % ALEXANDER FELDMAN
- Signed the 990-PF
- ALEXANDER FELDMAN, PRESIDENT
- Phone
- (954) 732-4495
- Website
- WWW.MASANGROUP.ORG
- Return prepared by
- MF & ASSOCIATES GROUP LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 88-4239357
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $609,963
- Income (IRS master file)
- $9,025,633
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | -$21,277 | $30,340 | $609,963 | IRS |
| 990-PF | December 2024 | -$329,963 | $40,979 | $661,580 | XML |
| 990-PF | December 2023 | $77,547 | $45,025 | $1,037,969 | XML |
| 990-PF | December 2022 | – | – | – | 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 88-4239357).
Questions about MASAN GROUP INITIATIVE CORP
- What is the EIN of MASAN GROUP INITIATIVE CORP?
- The employer identification number (EIN) of MASAN GROUP INITIATIVE CORP is 88-4239357.
- Is MASAN GROUP INITIATIVE CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to MASAN GROUP INITIATIVE CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does MASAN GROUP INITIATIVE CORP file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MASAN GROUP INITIATIVE CORP 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 MASAN GROUP INITIATIVE CORP last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of MASAN GROUP INITIATIVE CORP?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MASAN GROUP INITIATIVE CORP have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of -$21,277, expenses of $30,340 and total assets of $609,963 at year end.
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