Nonprofit · EIN 16-0911612
ALBERT E FARONE & ANGELA T FARONE
Tax-exempt · WASHINGTON, DC 20064
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $1,808,110 | $1,683,685 | $124,425 | $40,903,355 | $0 | $40,903,355 |
| April 30, 2024 | 990 | $1,883,987 | $1,568,344 | $315,643 | $39,705,307 | $2,250 | $39,703,057 |
| April 30, 2023 | 990 | $1,930,174 | $804,676 | $1,125,498 | $39,735,944 | $375 | $39,735,569 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,808,110
- Net gain from sales of assets
- $1,061,918
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,588,791
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,588,791
- Management and general (functional)
- $94,894
Balance sheet and other
- Total assets, start of year
- $39,705,307
- Total assets, end of year
- $40,903,355
- Total liabilities, end of year
- $0
- Net assets, end of year
- $40,903,355
- Net assets without donor restrictions
- $40,903,355
- Gross receipts
- $10,124,995
- Employees
- 0
- Volunteers
- 1
- Year formed
- 1965
- 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 April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER KILPATRICK | EX-OFFICIO DIRECTOR/PRESIDENT Trustee or director, Officer | 1 | $0 | $625,749 | $55,592 |
| DAVID AARON DOMINGUEZ | EX-OFFICIO DIRECTOR/PROVOST Trustee or director | 1 | $0 | $463,546 | $62,077 |
| ROBERT M SPECTER THRU 1024 | EX-OFFICIO DIRECTOR/TREASURER Trustee or director, Officer | 1 | $0 | $470,148 | $54,219 |
| MATTHEW C DOLAN | GENERAL COUNSEL/SECRETARY Officer | 1 | $0 | $299,357 | $32,142 |
| MARK CIOLLI AS OF 0524 | EX-OFFICIO DIRECTOR/VP ENROLLMENT Trustee or director | 1 | $0 | $221,310 | $49,073 |
| ROSOLOC HENDERSON AS OF 1124 | EX-OFFICIO DIRECTOR/TREASURER Trustee or director, Officer | 1 | $0 | $188,552 | $34,018 |
| JOHN H GARVEY | FORMER PRESIDENT; CUA PROFESSOR Former | 1 | $0 | $178,939 | $3,636 |
| DEANNE GIPSON MADDEN THRU 0524 | EX-OFFICIO DIRECTOR/VP ENROLLMENT Trustee or director | 1 | $0 | $144,077 | $14,048 |
| FR ROBERT LONGOBUCCO | ELECTED DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended April 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER KILPATRICK | EX-OFFICIO DIRECTOR/PRESIDENT Trustee or director, Officer | 1 | $0 | $633,594 | $51,218 |
| ROBERT M SPECTER | EX-OFFICIO DIRECTOR/TREASURER Trustee or director, Officer | 1 | $0 | $453,291 | $49,982 |
| DAVID AARON DOMINGUEZ | EX-OFFICIO DIRECTOR/PROVOST Trustee or director | 1 | $0 | $440,352 | $56,327 |
| JOHN H GARVEY | EX-OFFICIO/PRESIDENT Former | 1 | $0 | $426,792 | $49,764 |
| JOHN H GARVEY | FORMER EX-OFFICIO DIRECTOR/PRESIDENT | 1 | $0 | $426,792 | $49,764 |
| DEANNE GIPSON MADDEN | EX-OFFICIO DIRECTOR/VP ENROLLMENT Trustee or director | 1 | $0 | $306,467 | $32,815 |
| MATTHEW DOLAN | SECRETARY Officer | 1 | $0 | $287,676 | $44,709 |
| FR DAVID LEFORT | ELECTED DIRECTOR (Dec. 8/31/2023) Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended April 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN H GARVEY | EX-OFFICIO DIRECTOR/PRESIDENT Trustee or director, Officer | 1 | $0 | $550,524 | $41,023 |
| ROBERT M SPECTER | EX-OFFICIO DIRECTOR/TREASURER Trustee or director, Officer | 1 | $0 | $449,610 | $43,810 |
| DAVID AARON DOMINGUEZ | EX-OFFICIO DIRECTOR/PROVOST Trustee or director | 1 | $0 | $430,385 | $48,058 |
| LAWRENCE J MORRIS | SECRETARY Officer | 1 | $0 | $323,541 | $32,902 |
| PETER KILPATRICK | EX-OFFICIO DIRECTOR/PRESIDENT Trustee or director, Officer | 1 | $0 | $320,013 | $31,467 |
| CHRISTOPHER L LYDON | EX-OFFICIO DIRECTOR/ENROLLMENT MANAGEMENT Trustee or director | 1 | $0 | $328,481 | $21,801 |
| MATTHEW DOLAN | SECRETARY Officer | 1 | $0 | $284,134 | $40,800 |
| HASANNA TYUS | EX-OFFICIO DIRECTOR/VP ENROLLMENT Trustee or director | 1 | $0 | $202,093 | $21,326 |
| DEANNE GIPSON | EX-OFFICIO DIRECTOR/VP ENROLLMENT Trustee or director | 1 | $0 | $79,247 | $6,502 |
| FR DAVID LEFORT | ELECTED DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- CARDINAL STATION 620 MICHIGAN AVE, WASHINGTON, DC 20064-0001
- In care of
- % THE CATHOLIC UNIVERSITY OF AMERIC
- Principal officer (990 for 2024)
- MICHAEL ZELENY, CARDINAL STATION 620 MICHIGAN AVE, WASHINGTON, DC 20064
- Signed the 990
- MICHAEL ZELENY, SVP & CFO
- Phone
- (202) 319-5606
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
SEE SCHEDULE OTHE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROVIDE FUNDS TO SUPPORT THE CHARITABLE, SCIENTIFIC, EDUCATIONAL, LITERARY AND/OR RELIGIOUS PURPOSES OF THE CATHOLIC UNIVERSITY OF AMERICA AND TO AWARD SCHOLARSHIPS TO STUDENTS FROM THE ALBANY DIOCESE OF THE ROMAN CATHOLIC CHURCH WHO ARE ATTENDING THE CATHOLIC UNIVERSITY OF AMERICA.
Program accomplishments
- SCHOLARSHIP PROGRAMS: TO SUPPORT SCHOLARSHIPS FOR STUDENTS ATTENDING THE CATHOLIC UNIVERSITY OF AMERICA. DURING FISCAL YEAR 2025, 121 SCHOLARSHIPS WERE AWARDED.Expenses $1,588,791 · grants $1,588,791
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 April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 16-0911612
- 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
- 1966
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B820)
- Assets (IRS master file)
- $40,903,355
- Income (IRS master file)
- $10,124,995
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $1,808,110 | $1,683,685 | $40,903,355 | XML |
| 990 | April 2024 | $1,883,987 | $1,568,344 | $39,705,307 | XML |
| 990 | April 2023 | $1,930,174 | $804,676 | $39,735,944 | XML |
| 990 | April 2022 | $1,862,925 | $845,927 | $37,739,378 | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 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 16-0911612).
Questions about ALBERT E FARONE & ANGELA T FARONE
- What is the EIN of ALBERT E FARONE & ANGELA T FARONE?
- The employer identification number (EIN) of ALBERT E FARONE & ANGELA T FARONE is 16-0911612.
- Is ALBERT E FARONE & ANGELA T FARONE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to ALBERT E FARONE & ANGELA T FARONE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does ALBERT E FARONE & ANGELA T FARONE 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 ALBERT E FARONE & ANGELA T FARONE due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALBERT E FARONE & ANGELA T FARONE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of ALBERT E FARONE & ANGELA T FARONE?
- The 990 for the year ended April 30, 2025 names MICHAEL ZELENY.
- Who are the officers and directors of ALBERT E FARONE & ANGELA T FARONE?
- The 990 for the year ended April 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does ALBERT E FARONE & ANGELA T FARONE have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $1,808,110, expenses of $1,683,685 and total assets of $40,903,355 at year end.
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