Nonprofit · EIN 88-6178059
ACT FOUNDATION
Also known as STEVEN B MEROLLA TTEE
Tax-exempt · WARWICK, RI 02886
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2022 | 990-PF (amended) | $33,749,761 | $867,834 | $32,881,927 | $32,881,927 | $0 | $32,881,927 |
Financial details: 990-PF for the year ended December 31, 2022
Revenue
- Contributions, gifts and grants
- $33,694,899
- Dividends
- $50,783
- Interest
- $4,079
Expenses
- Grants and similar amounts paid
- $515,020
- Compensation of officers, directors and key employees
- $239,642
- Disbursements for charitable purposes
- $801,728
Balance sheet and other
- Total assets, start of year
- –
- Total assets, end of year
- $32,881,927
- Total liabilities, end of year
- $0
- Net assets, end of year
- $32,881,927
- Fair market value of assets
- $29,003,214
- Qualifying distributions
- $801,728
- Net investment income
- $54,862
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, 2022, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN B MEROLLA 469 CENTERVILLE ROAD, SUITE 206, WARWICK, RI 02886 | TRUSTEE | 20 | $239,642 |
Address and contacts
- Address (IRS master file)
- 469 CENTERVILLE RD STE 206, WARWICK, RI 02886-4356
- Signed the 990-PF
- STEVEN B MEROLLA, TRUSTEE
- Phone
- (401) 384-7177
- Website
- THEACTFOUNDATION.ORG
- Return prepared by
- WEINBERG & CO LLP
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | Not on file |
At risk of automatic revocation
None of the last three returns is in the IRS public files. The IRS revokes tax-exempt status after three consecutive years without a return. Recent filings can take a few weeks to appear.
IRS record
- EIN
- 88-6178059
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $32,881,925
- Income (IRS master file)
- $34,639,536
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2022 | $33,749,761 | $867,834 | $32,881,927 | 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 88-6178059).
Questions about ACT FOUNDATION
- What is the EIN of ACT FOUNDATION?
- The employer identification number (EIN) of ACT FOUNDATION is 88-6178059.
- Is ACT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to ACT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ACT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ACT FOUNDATION 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 ACT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2022.
- Who are the officers and directors of ACT FOUNDATION?
- The 990-PF for the year ended December 31, 2022 lists 1 person; 1 received compensation from the organization, the highest $239,642 (STEVEN B MEROLLA, TRUSTEE).
- How much revenue does ACT FOUNDATION have?
- On its 990-PF for the year ended December 31, 2022 it reported revenue of $33,749,761, expenses of $867,834 and total assets of $32,881,927 at year end.
Other nonprofits in WARWICK
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- ERNEST L CRIVELLONE CHARITABLE FOUNDATION EIN 87-6727778 · last filed 990-PF for 2025
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- MARK AND DONNA ROSS FAMILY FOUNDATION EIN 85-4105833 · last filed 990-PF for 2024
- RIIAHF EIN 83-0555903 · last filed 990-PF for 2026
- LUIGI DAMIANO FOUNDATION EIN 80-0512766 · last filed 990-PF for 2025
All nonprofits in WARWICK · Rhode Island · Philanthropy, voluntarism and grantmaking foundations