Nonprofit · EIN 22-2967957
ARTHUR M AND MARTHA R PAPPAS FOUNDATION
Tax-exempt · STONEHAM, MA 02180
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,424,479 | $1,052,510 | $371,969 | $16,715,757 | $0 | $16,715,757 |
| December 31, 2023 | 990-PF | $733,522 | $1,074,509 | -$340,987 | $16,319,454 | $0 | $16,319,454 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $593,976
- Interest
- $46,476
- Net gain from sales of assets
- $784,027
Expenses
- Grants and similar amounts paid
- $900,000
- Disbursements for charitable purposes
- $924,250
- Excise tax on investment income
- $18,195
Balance sheet and other
- Total assets, start of year
- $16,319,454
- Total assets, end of year
- $16,715,757
- Total liabilities, end of year
- $0
- Net assets, end of year
- $16,715,757
- Fair market value of assets
- $22,408,016
- Qualifying distributions
- $924,250
- Net investment income
- $1,424,479
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 |
|---|---|---|---|
| MARTHA R PAPPAS 33 BRYN MAWR AVE, AUBURN, MA 01501 | TRUSTEE | 3 | $0 |
| SAMUEL KENARY 17 WOODSTONE ROAD, NORTHBOROUGH, MA 01532 | TRUSTEE | 3 | $0 |
| ALISON KENARY 38 WESTWOOD DRIVE, WORCESTER, MA 01609 | TRUSTEE | 1 | $0 |
| RACHEL GOODRICH 187 BACK SHORE ROAD, ROUND POND, ME 04564 | TRUSTEE | 1 | $0 |
| LAURA MYERS 3B ARDMORE ROAD, WORCESTER, MA 01609 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTHA R PAPPAS 33 BRYN MAWR AVE, AUBURN, MA 01501 | TRUSTEE | 0 | $0 |
| SAMUEL KENARY 17 WOODSTONE ROAD, NORTHBOROUGH, MA 01532 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- C/O RNLUSARDI CPA 271 MAIN STREET, STONEHAM, MA 02180-0000
- In care of
- % R N LUSARDI
- Signed the 990-PF
- MARTHA R PAPPAS, TRUSTEE
- Phone
- (781) 279-3360
- Return prepared by
- BOIVIN & ASSOCIATES CPAS PLLC
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
- 22-2967957
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $16,715,757
- Income (IRS master file)
- $3,955,542
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,424,479 | $1,052,510 | $16,715,757 | XML |
| 990-PF | December 2023 | $733,522 | $1,074,509 | $16,319,454 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 22-2967957).
Questions about ARTHUR M AND MARTHA R PAPPAS FOUNDATION
- What is the EIN of ARTHUR M AND MARTHA R PAPPAS FOUNDATION?
- The employer identification number (EIN) of ARTHUR M AND MARTHA R PAPPAS FOUNDATION is 22-2967957.
- Is ARTHUR M AND MARTHA R PAPPAS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to ARTHUR M AND MARTHA R PAPPAS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ARTHUR M AND MARTHA R PAPPAS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ARTHUR M AND MARTHA R PAPPAS 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 ARTHUR M AND MARTHA R PAPPAS 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 ARTHUR M AND MARTHA R PAPPAS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does ARTHUR M AND MARTHA R PAPPAS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,424,479, expenses of $1,052,510 and total assets of $16,715,757 at year end.
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