Nonprofit · EIN 88-4301356
EASTSIDE STEM HUB INC
Tax-exempt · WILMINGTON, DE 19802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,028,137 | $326,687 | $3,701,450 | $25,351,684 | $17,834,425 | $7,517,259 |
| June 30, 2024 | 990 | $3,579,147 | $149,078 | $3,430,069 | $20,122,944 | $16,307,135 | $3,815,809 |
| June 30, 2023 | 990 | $430,000 | $44,260 | $385,740 | $14,611,781 | $14,226,041 | $385,740 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,687,137
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $341,000
- Other revenue
- $341,000
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $160,000
- Program services (functional)
- $324,577
- Management and general (functional)
- $2,110
Balance sheet and other
- Total assets, start of year
- $20,122,944
- Total assets, end of year
- $25,351,684
- Total liabilities, end of year
- $17,834,425
- Net assets, end of year
- $7,517,259
- Land, buildings and equipment
- $20,710,183
- Net assets without donor restrictions
- $341,000
- Net assets with donor restrictions
- $7,176,259
- Gross receipts
- $4,028,137
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- DE
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AARON BASS | EX-OFFICIO Officer | 1 | $0 | $183,340 | $92,614 |
| NICHOLAS MADAGLIO | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $130,171 | $61,716 |
| M JOCELYN STEWART | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CECIL GORDON MD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICHARD TAGLIONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES H TOLIVER IV ESQ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHIP SAWYER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MIKE HARE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MAURICE RAGLAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LEROY TICE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AARON BASS | EX-OFFICIO Key employee | 1 | $0 | $171,667 | $80,097 |
| NICHOLAS MADAGLIO | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $116,788 | $52,129 |
| M JOCELYN STEWART | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CECIL GORDON MD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICHARD TAGLIONE | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLES H TOLIVER IV ESQ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHIP SAWYER | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| MIKE HARE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MAURICE RAGLAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LEROY TICE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AARON BASS | EX-OFFICIO Officer | 1 | $0 | $198,381 | $78,136 |
| NICHOLAS MADAGLIO | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $115,649 | $50,047 |
| M JOCELYN STEWART | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CECIL GORDON MD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICHARD TAGLIONE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLES H TOLIVER IV ESQ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHIP SAWYER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MIKE HARE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MAURICE RAGLAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LEROY TICE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3000 N CLAYMONT ST, WILMINGTON, DE 19802-2807
- In care of
- % NICHOLAS MEDAGLIO
- Principal officer (990 for 2024)
- NICHOLAS MEDAGLIO, 3000 NORTH CLAYMONT STREET, WILMINGTON, DE 198022807
- Signed the 990
- NICHOLAS MEDAGLIO, CFO
- Phone
- (302) 762-5834
- Return prepared by
- BARBACANE THORNTON & COMPANY LLP
Mission
THE MISSION OF STEM IS TO ASSIST THE EASTSIDE CHARTER SCHOOL ("EASTSIDE"), A PUBLIC CHARTER SCHOOL CHARTERED UNDER THE PROVISIONS OF DELAWARE STATE LAW 14 DEL. C. CHAPTER 5, IN PROVIDING STUDENTS WITH HIGH EXPECTATIONS, CRITICAL THINKING, RESPONSIVE AND ENGAGING INSTRUCTION, AND THE CHARACTER SKILLS THAT ARE NECESSARY TO SUCCEED IN THE WORLD OF TOMORROW.
Program accomplishments
- THE PURPOSE OF STEM IS TO DEVELOP AND OPERATE CERTAIN REAL ESTATE TO BE USED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AND, SPECIFICALLY, INITIALLY FOR THE OPERATION OF A NONPROFIT CHARTER SCHOOL THAT PROVIDES CHILDREN WITH A SAFE, NURTURING EDUCATIONAL ENVIRONMENT AND A COMMUNITY STEM HUB (THE CHEMOURS COMMUNITY STEM HUB) TO OFFER EDUCATIONAL PROGRAMS TO THE COMMUNITY.Expenses $324,577
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
- 88-4301356
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $25,351,684
- Income (IRS master file)
- $4,028,137
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,028,137 | $326,687 | $25,351,684 | IRS |
| 990 | June 2024 | $3,579,147 | $149,078 | $20,122,944 | IRS |
| 990 | June 2023 | $430,000 | $44,260 | $14,611,781 | XML |
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 88-4301356).
Questions about EASTSIDE STEM HUB INC
- What is the EIN of EASTSIDE STEM HUB INC?
- The employer identification number (EIN) of EASTSIDE STEM HUB INC is 88-4301356.
- Is EASTSIDE STEM HUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to EASTSIDE STEM HUB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does EASTSIDE STEM HUB 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 EASTSIDE STEM HUB 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 EASTSIDE STEM HUB 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 EASTSIDE STEM HUB INC?
- The 990 for the year ended June 30, 2025 names NICHOLAS MEDAGLIO.
- Who are the officers and directors of EASTSIDE STEM HUB INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does EASTSIDE STEM HUB INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,028,137, expenses of $326,687 and total assets of $25,351,684 at year end.
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