Nonprofit · EIN 22-2536075
THE PENATES FOUNDATION
Tax-exempt · SEABROOK, NH 03874
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,076,277 | $1,482,587 | -$406,310 | $37,097,528 | $63,091 | $37,034,437 |
| December 31, 2024 | 990-PF | $3,770,742 | $1,139,505 | $2,631,237 | $34,525,348 | $146,960 | $34,378,388 |
| December 31, 2023 | 990-PF | $10,076,148 | $706,381 | $9,369,767 | $29,270,900 | $76,254 | $29,194,646 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $24,000
- Dividends
- $1,006,797
- Net gain from sales of assets
- $45,463
- Other income
- $17
Expenses
- Grants and similar amounts paid
- $1,167,650
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,359,130
- Excise tax on investment income
- $12,998
Balance sheet and other
- Total assets, start of year
- $34,525,348
- Total assets, end of year
- $37,097,528
- Total liabilities, end of year
- $63,091
- Net assets, end of year
- $37,034,437
- Fair market value of assets
- $37,097,528
- Qualifying distributions
- $1,359,130
- Net investment income
- $1,052,277
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL M MONTRONE SEE NOTE 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 3 | $0 |
| ANGELO M MONTRONE 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| ANTHONY DINOVI 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| FRED SEIGEL 200 STATE STREET 5TH FLOOR, BOSTON, MA 02109 | DIRECTOR | 1 | $0 |
| SANDRA G MONTRONE 5 BATCHELDER RD, SEABROOK, NH 03874 | PRESIDENT/DIR. | 3 | $0 |
| MICHELE M COGAN SEE NOTE 5 BATCHELDER RD, SEABROOK, NH 03874 | VICE PRESIDENT/DIRECTOR | 40 | $0 |
| KEVIN CLARK 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| JEROME MONTRONE 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| PATRICK COLLINS 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| ROBERT GAGALIS 5 BATCHELDER RD, SEABROOK, NH 03874 | TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL M MONTRONE SEE NOTE 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 3 | $0 |
| ANGELO M MONTRONE 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| ANTHONY DINOVI 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| FRED SEIGEL 200 STATE STREET 5TH FLOOR, BOSTON, MA 02109 | DIRECTOR | 1 | $0 |
| SANDRA G MONTRONE 5 BATCHELDER RD, SEABROOK, NH 03874 | PRESIDENT/DIR. | 3 | $0 |
| MICHELE M COGAN SEE NOTE 5 BATCHELDER RD, SEABROOK, NH 03874 | VICE PRESIDENT/DIRECTOR | 40 | $0 |
| KEVIN CLARK 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| JEROME MONTRONE 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| MATTHEW FRIEL 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| ROBERT GAGALIS 5 BATCHELDER RD, SEABROOK, NH 03874 | TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL M MONTRONE SEE NOTE 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 3 | $0 |
| ANGELO M MONTRONE 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| ANTHONY DINOVI 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| FRED SEIGEL 200 STATE STREET 5TH FLOOR, BOSTON, MA 02109 | DIRECTOR | 1 | $0 |
| SANDRA G MONTRONE 5 BATCHELDER RD, SEABROOK, NH 03874 | PRESIDENT/DIR. | 3 | $0 |
| MICHELE M COGAN SEE NOTE 5 BATCHELDER RD, SEABROOK, NH 03874 | VICE PRESIDENT/DIRECTOR | 40 | $0 |
| KEVIN CLARK 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| JEROME MONTRONE 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| MATTHEW FRIEL 5 BATCHELDER RD, SEABROOK, NH 03874 | DIRECTOR | 1 | $0 |
| ROBERT GAGALIS 5 BATCHELDER RD, SEABROOK, NH 03874 | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5 BATCHELDER RD, SEABROOK, NH 03874-4402
- Signed the 990-PF
- MICHELE COGAN, PRESIDENT
- Phone
- (603) 926-5911
- Return prepared by
- ANDERSEN TAX 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 | 990-PF 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
- 22-2536075
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $37,097,528
- Income (IRS master file)
- $1,473,777
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,076,277 | $1,482,587 | $37,097,528 | XML |
| 990-PF | December 2024 | $3,770,742 | $1,139,505 | $34,525,348 | XML |
| 990-PF | December 2023 | $10,076,148 | $706,381 | $29,270,900 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 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 22-2536075).
Questions about THE PENATES FOUNDATION
- What is the EIN of THE PENATES FOUNDATION?
- The employer identification number (EIN) of THE PENATES FOUNDATION is 22-2536075.
- Is THE PENATES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to THE PENATES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE PENATES FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE PENATES FOUNDATION 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 THE PENATES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of THE PENATES FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does THE PENATES FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,076,277, expenses of $1,482,587 and total assets of $37,097,528 at year end.
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