Nonprofit · EIN 02-0536972
THE LOUGHLIN FOUNDATION
Tax-exempt · BROOKLYN, NY 11238
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $558,760 | $403,354 | $155,406 | $5,817,763 | $9,275 | $5,808,488 |
| December 31, 2023 | 990 | $267,704 | $413,198 | -$145,494 | $5,483,393 | $9,275 | $5,474,118 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $71,036
- Program service revenue
- $0
- Investment income
- $487,724
- Net gain from sales of assets
- $223,384
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $355,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $9,000
- Program services (functional)
- $355,000
- Management and general (functional)
- $48,354
Balance sheet and other
- Total assets, start of year
- $5,483,393
- Total assets, end of year
- $5,817,763
- Total liabilities, end of year
- $9,275
- Net assets, end of year
- $5,808,488
- Publicly traded securities
- $5,691,230
- Net assets without donor restrictions
- $762,895
- Net assets with donor restrictions
- $5,045,593
- Gross receipts
- $4,397,478
- Employees
- 0
- Year formed
- 2002
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE CAPPIELLO | Trustee Trustee or director | 2 | $0 |
| THOMAS MCLAUGHLIN | Secretary Trustee or director, Officer | 2 | $0 |
| PAMELA SLOAN | Trustee Trustee or director | 2 | $0 |
| ROBERT K CONRY | President Trustee or director, Officer | 5 | $0 |
| ROBERT DEASY | Trustee Trustee or director | 2 | $0 |
| SALVATORE CURIALE | Trustee Trustee or director | 2 | $0 |
| RAYMOND HAUCK | Trustee Trustee or director | 2 | $0 |
| KEVIN MCCANN | Trustee Trustee or director | 2 | $0 |
| JAMES STEVENS | Treasurer Trustee or director, Officer | 2 | $0 |
| DANIEL TUBRIDY | Trustee Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE CAPPIELLO | Trustee Trustee or director | 2 | $0 |
| THOMAS MCLAUGHLIN | Secretary Trustee or director, Officer | 2 | $0 |
| PAMELA SLOAN | Trustee Trustee or director | 2 | $0 |
| ROBERT K CONRY | President Trustee or director, Officer | 5 | $0 |
| ROBERT DEASY | Trustee Trustee or director | 2 | $0 |
| SALVATORE CURIALE | Trustee Trustee or director | 2 | $0 |
| RAYMOND HAUCK | Trustee Trustee or director | 2 | $0 |
| COLBERT NARCISSE | Trustee Trustee or director | 2 | $0 |
| JAMES STEVENS | Treasurer Trustee or director, Officer | 2 | $0 |
| DANIEL TUBRIDY | Trustee Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- C/O RCONRY 367 CLERMONT AVENUE, BROOKLYN, NY 11238-0000
- In care of
- % CAPIELLO
- Principal officer (990 for 2024)
- ROBERT K CONRY, C/O RCONRY 367 CLERMONT AVENUE, BROOKLYN, NY 11238
- Signed the 990
- ROBERT K CONRY, President
- Phone
- (516) 643-9790
- Return prepared by
- J BRADLEY PC
Mission
TO UNDERTAKE,PROMOTE,DEVELOP AND CARRY ON RELIGIOUS,CHARITABLE,SCIENTIFIC,AND/OR EDUCATIONAL WORK,SPECIFICALLY TO PROVIDE FUNDING FOR BISHOP LOUGHLINMEMORIAL HIGH SCHOOL.
Program accomplishments
- SCHOLARSHIP GRANTS AND GRANTS FOR BUILDING AND ACADEMIC PROGRAM ENHANCEMENTS TO BISHOP LOUGHLIN MEMORIAL HIGH SCHOOL.Expenses $355,000 · grants $355,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0536972
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $5,817,763
- Income (IRS master file)
- $4,397,478
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $558,760 | $403,354 | $5,817,763 | IRS |
| 990 | December 2023 | $267,704 | $413,198 | $5,483,393 | XML |
| 990 | December 2022 | $277,174 | $422,406 | $5,089,012 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 02-0536972).
Questions about THE LOUGHLIN FOUNDATION
- What is the EIN of THE LOUGHLIN FOUNDATION?
- The employer identification number (EIN) of THE LOUGHLIN FOUNDATION is 02-0536972.
- Is THE LOUGHLIN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to THE LOUGHLIN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE LOUGHLIN FOUNDATION 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 THE LOUGHLIN 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 THE LOUGHLIN FOUNDATION 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 THE LOUGHLIN FOUNDATION?
- The 990 for the year ended December 31, 2024 names ROBERT K CONRY.
- Who are the officers and directors of THE LOUGHLIN FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does THE LOUGHLIN FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $558,760, expenses of $403,354 and total assets of $5,817,763 at year end.
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