Nonprofit · EIN 20-5585809
DREAM MAKERZ FOUNDATION
Tax-exempt · BUFFALO GROVE, IL 60089
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $800,824 | $442,521 | $358,303 | $4,980,268 | $0 | $4,980,268 |
| December 31, 2023 | 990-PF | $273,847 | $478,930 | -$205,083 | $4,554,838 | $0 | $4,554,838 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $731,715
- Dividends
- $12,553
- Net gain from sales of assets
- $56,556
Expenses
- Grants and similar amounts paid
- $376,400
- Disbursements for charitable purposes
- $398,680
- Excise tax on investment income
- $15,014
Balance sheet and other
- Total assets, start of year
- $4,554,838
- Total assets, end of year
- $4,980,268
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,980,268
- Fair market value of assets
- $8,462,992
- Qualifying distributions
- $398,680
- Net investment income
- $1,182,402
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| J JOY 485 HALF DAY ROAD 200, BUFFALO GROVE, IL 60089 | DIRECTOR/PRES | 1 | $0 |
| B SHINER 485 HALF DAY ROAD 200, BUFFALO GROVE, IL 60089 | DIRECTOR/SECRETARY | 1 | $0 |
| J BERNSTEIN 485 HALF DAY ROAD 200, BUFFALO GROVE, IL 60089 | DIRECTOR | 1 | $0 |
| E ACHEPOHL 485 HALF DAY ROAD 200, BUFFALO GROVE, IL 60089 | ASSISTANT TREASURER | 1 | $0 |
| S TERRERI 485 HALF DAY ROAD SUITE 200, BUFFALO GROVE, IL 60089 | DIRECTOR | 1 | $0 |
| S HIRSCH 485 HALF DAY ROAD SUITE 200, BUFFALO GROVE, IL 60089 | TREASURER | 1 | $0 |
| A BERNSTEIN 485 HALF DAY ROAD SUITE 200, BUFFALO GROVE, IL 60089 | DIRECTOR | 1 | $0 |
| K MEGREGIAN 485 HALF DAY ROAD SUITE 200, BUFFALO GROVE, IL 60089 | EXECUTIVE DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| J JOY 485 HALF DAY ROAD 200, BUFFALO GROVE, IL 60089 | DIRECTOR/PRES | 1 | $0 |
| B SHINER 485 HALF DAY ROAD 200, BUFFALO GROVE, IL 60089 | DIRECTOR/SECRETARY | 1 | $0 |
| J BERNSTEIN 485 HALF DAY ROAD 200, BUFFALO GROVE, IL 60089 | DIRECTOR | 1 | $0 |
| E ACHEPOHL 485 HALF DAY ROAD 200, BUFFALO GROVE, IL 60089 | ASSISTANT TREASURER | 1 | $0 |
| S BERNSTEIN 485 HALF DAY ROAD SUITE 200, BUFFALO GROVE, IL 60089 | DIRECTOR | 1 | $0 |
| S HIRSCH 485 HALF DAY ROAD SUITE 200, BUFFALO GROVE, IL 60089 | TREASURER | 1 | $0 |
| A BERNSTEIN 485 HALF DAY ROAD SUITE 200, BUFFALO GROVE, IL 60089 | DIRECTOR | 1 | $0 |
| K MEGREGIAN 485 HALF DAY ROAD SUITE 200, BUFFALO GROVE, IL 60089 | EXECUTIVE DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 485 HALF DAY ROAD, BUFFALO GROVE, IL 60089-8806
- In care of
- % JUDITH NAN JOY
- Signed the 990-PF
- ERIC F ACHEPOHL, ASSISTANT TREASURER
- Phone
- (847) 883-9700
- Return prepared by
- THE BENIDA GROUP LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-5585809
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $4,980,268
- Income (IRS master file)
- $1,175,160
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $800,824 | $442,521 | $4,980,268 | XML |
| 990-PF | December 2023 | $273,847 | $478,930 | $4,554,838 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 20-5585809).
Questions about DREAM MAKERZ FOUNDATION
- What is the EIN of DREAM MAKERZ FOUNDATION?
- The employer identification number (EIN) of DREAM MAKERZ FOUNDATION is 20-5585809.
- Is DREAM MAKERZ FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to DREAM MAKERZ FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DREAM MAKERZ FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DREAM MAKERZ 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 DREAM MAKERZ FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of DREAM MAKERZ FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does DREAM MAKERZ FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $800,824, expenses of $442,521 and total assets of $4,980,268 at year end.
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