Nonprofit · EIN 93-1606101
PHINS MANAGEMENT INC
Tax-exempt · SYRACUSE, NY 13214
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $640,877 | $732,145 | -$91,268 | $4,265,727 | $4,559,362 | -$293,635 |
| May 31, 2024 | 990 | $429,569 | $631,936 | -$202,367 | $4,333,637 | $4,536,004 | -$202,367 |
| May 31, 2023 | 990-EZ | $0 | $0 | $0 | $0 | $0 | $0 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $606,375
- Investment income
- $0
- Net rental income
- $34,502
- Other revenue
- $34,502
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $30,957
- Salaries, compensation and benefits (total)
- $30,957
- Professional fundraising fees
- $0
- Accounting fees
- $5,000
- Travel
- $352
- Depreciation
- $125,838
- Program services (functional)
- $694,975
- Management and general (functional)
- $37,170
Balance sheet and other
- Total assets, start of year
- $4,333,637
- Total assets, end of year
- $4,265,727
- Total liabilities, end of year
- $4,559,362
- Net assets, end of year
- -$293,635
- Land, buildings and equipment
- $4,087,194
- Net assets without donor restrictions
- -$293,635
- Gross receipts
- $640,877
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2023
- State of legal domicile
- NY
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Joseph Grasso | President Officer | 2 | $0 | $314,342 |
| Sebastian Notaro | Treasurer Officer | 2 | $0 | $159,967 |
| Shaun Crisler | Secretary Officer | 2 | $0 | $142,433 |
| Christopher Curtis | Director Trustee or director | 0 | $0 | $0 |
| Denise Quinn | Director Trustee or director | 0 | $0 | $0 |
| Joseph Savage | Director Trustee or director | 0 | $0 | $0 |
990 for the year ended May 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Joseph Grasso | President Officer | 2 | $0 | $303,872 |
| Shaun Crisler | Secretary Officer | 2 | $0 | $143,458 |
| Sebastian Notaro | Treasurer Officer | 2 | $0 | $78,897 |
| Christopher Curtis | Director Trustee or director | 0 | $0 | $0 |
| Denise Quinn | Director Trustee or director | 0 | $0 | $0 |
| Joseph Savage | Director Trustee or director | 0 | $0 | $0 |
990-EZ for the year ended May 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joseph Grasso | President and Treasurer | 0 | $0 |
| Shaun Crisler | Secretary | 0 | $0 |
| Denise Quinn | Director | 0 | $0 |
| Joseph Savage | Director | 0 | $0 |
| Christopher Curtis | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1419 SALT SPRINGS RD, SYRACUSE, NY 13214-1300
- Principal officer (990 for 2024)
- Joseph Grasso, 1419 Salt Springs Road, Syracuse, NY 13214
- Signed the 990
- Joseph Grasso, President
- Phone
- (315) 445-4174
Mission
Phins Management was formed for the educational and charitable purposes of directly and indirectly supporting and benefiting Le Moyne College by owning and managing real property for the benefit of the College, making grants and other contributions of funds and other property to or for the benefit of the College, providing non-credit training programs, and establishing, managing and promoting educational, cultural, recreational, physical fitness, athletic and social activities and programs for the College's students, faculty and staff, and for the community at large.
Program accomplishments
- Phins Management Inc provides and manages additional student housing for Le Moyne College, benefiting the students enrolled in the College.Expenses $694,975 · revenue $640,877
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 93-1606101
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2024
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B02)
- Assets (IRS master file)
- $4,265,727
- Income (IRS master file)
- $640,877
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $640,877 | $732,145 | $4,265,727 | XML |
| 990 | May 2024 | $429,569 | $631,936 | $4,333,637 | XML |
| 990-EZ | May 2023 | $0 | $0 | $0 | 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 93-1606101).
Questions about PHINS MANAGEMENT INC
- What is the EIN of PHINS MANAGEMENT INC?
- The employer identification number (EIN) of PHINS MANAGEMENT INC is 93-1606101.
- Is PHINS MANAGEMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to PHINS MANAGEMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does PHINS MANAGEMENT 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 PHINS MANAGEMENT INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHINS MANAGEMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of PHINS MANAGEMENT INC?
- The 990 for the year ended May 31, 2025 names Joseph Grasso.
- Who are the officers and directors of PHINS MANAGEMENT INC?
- The 990 for the year ended May 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does PHINS MANAGEMENT INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $640,877, expenses of $732,145 and total assets of $4,265,727 at year end.
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