Nonprofit · EIN 13-3366748
NORCORP INC
Tax-exempt · WESTBURY, NY 11590
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $122,694 | $202,800 | -$80,106 | $3,112,000 | $1,189,745 | $1,922,255 |
| December 31, 2023 | 990 | $112,986 | $202,800 | -$89,814 | $3,314,800 | $1,312,439 | $2,002,361 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $122,694
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $202,800
- Program services (functional)
- $202,800
Balance sheet and other
- Total assets, start of year
- $3,314,800
- Total assets, end of year
- $3,112,000
- Total liabilities, end of year
- $1,189,745
- Net assets, end of year
- $1,922,255
- Land, buildings and equipment
- $3,112,000
- Net assets without donor restrictions
- $1,922,255
- Gross receipts
- $122,694
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1984
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOEL SELIGMAN | VP, Regional Initiatives Trustee or director, Officer | 0 | $0 | $777,264 | $38,550 |
| Michael Schwartz | Chairman/Director Trustee or director, Officer | 0 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOEL SELIGMAN | VP, Regional Initiatives Trustee or director, Officer | 0 | $0 | $1,421,610 | $51,924 |
| Michael Schwartz | Chairman/Director Trustee or director, Officer | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 972 BRUSH HOLLOW RD 5TH FL, WESTBURY, NY 11590-1740
- In care of
- % NORTHWELL HEALTH INC
- Principal officer (990 for 2024)
- MICHAEL J DOWLING, 2000 MARCUS AVE, NEW HYDE PARK, NY 11042
- Signed the 990
- MICHELE L CUSACK, EVP & CFO
- Phone
- (516) 321-6058
Mission
NORCORP'S PRIMARY PROGRAM SERVICE ACTIVITY IS TO RECEIVE AND ADMINISTER FUNDS (RENTAL INCOME), AND TO HOLD REAL OR PERSONAL PROPERTY ON BEHALF OF NORTHERN WESTCHESTER HOSPITAL ASSOCIATION.
Program accomplishments
- NORCORP'S PRIMARY PROGRAM SERVICE ACTIVITY IS TO RECEIVE AND ADMINISTER FUNDS (RENTAL INCOME), AND TO HOLD REAL OR PERSONAL PROPERTY ON BEHALF OF NORTHERN WESTCHESTER HOSPITAL ASSOCIATION.Expenses $202,800 · revenue $122,694
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
- 13-3366748
- 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
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,112,000
- Income (IRS master file)
- $122,694
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $122,694 | $202,800 | $3,112,000 | XML |
| 990 | December 2023 | $112,986 | $202,800 | $3,314,800 | XML |
| 990 | December 2022 | $116,230 | $202,800 | $3,517,600 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 13-3366748).
Questions about NORCORP INC
- What is the EIN of NORCORP INC?
- The employer identification number (EIN) of NORCORP INC is 13-3366748.
- Is NORCORP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to NORCORP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does NORCORP 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 NORCORP INC 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 NORCORP INC 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 NORCORP INC?
- The 990 for the year ended December 31, 2024 names MICHAEL J DOWLING.
- Who are the officers and directors of NORCORP INC?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does NORCORP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $122,694, expenses of $202,800 and total assets of $3,112,000 at year end.
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