Nonprofit · EIN 20-1013894
GERARD A DESIDERIO SR SCHOLARSHIP FUND
Tax-exempt · OCEAN CITY, NJ 08226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $0 | $2,000 | -$2,000 | $701 | $0 | $701 |
| December 31, 2024 | 990 | $0 | $0 | $0 | $2,701 | $0 | $2,701 |
| December 31, 2023 | 990 | $1 | $0 | $1 | $2,701 | $0 | $2,701 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $2,000
Balance sheet and other
- Total assets, start of year
- $2,701
- Total assets, end of year
- $701
- Total liabilities, end of year
- $0
- Net assets, end of year
- $701
- Net assets without donor restrictions
- $701
- Gross receipts
- $0
- Employees
- 0
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEONARD C DESIDERIO | President Trustee or director | 3 | $0 |
| TRACEY DESIDERIO | Vice President Trustee or director | 3 | $0 |
| LEON P COSTELLO | Treasurer Trustee or director | 3 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEONARD C DESIDERIO | President Trustee or director | 3 | $0 |
| TRACEY DESIDERIO | Vice President Trustee or director | 3 | $0 |
| LEON P COSTELLO | Treasurer Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEONARD C DESIDERIO | President Trustee or director | 3 | $0 |
| TRACEY DESIDERIO | Vice President Trustee or director | 3 | $0 |
| LEON P COSTELLO | Treasurer Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 1535 HAVEN AVE, OCEAN CITY, NJ 08226-3158
- In care of
- % LEON P COSTELLO
- Signed the 990
- LEON P COSTELLO, Treasurer
- Phone
- (609) 399-6333
- Return prepared by
- Ford Scott & Associates LLC
Mission
TO BENEFIT SEA ISLE STUDENTS ATTENDING LOCAL HIGH SCHOOLS
Program accomplishments
- PROVIDE ASSISTANCE TO LOCAL STUDENTS ATTENDING HIGH SCHOOLExpenses $2,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990 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
- 20-1013894
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $701
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $0 | $2,000 | $701 | XML |
| 990 | December 2024 | $0 | $0 | $2,701 | XML |
| 990 | December 2023 | $1 | $0 | $2,701 | XML |
| 990 | December 2022 | $1 | $4,004 | $2,700 | 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 20-1013894).
Questions about GERARD A DESIDERIO SR SCHOLARSHIP FUND
- What is the EIN of GERARD A DESIDERIO SR SCHOLARSHIP FUND?
- The employer identification number (EIN) of GERARD A DESIDERIO SR SCHOLARSHIP FUND is 20-1013894.
- Is GERARD A DESIDERIO SR SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to GERARD A DESIDERIO SR SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GERARD A DESIDERIO SR SCHOLARSHIP FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of GERARD A DESIDERIO SR SCHOLARSHIP FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GERARD A DESIDERIO SR SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of GERARD A DESIDERIO SR SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does GERARD A DESIDERIO SR SCHOLARSHIP FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $0, expenses of $2,000 and total assets of $701 at year end.
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