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Nonprofit · EIN 22-3842879

PROSOURCE FOUNDATION INC

Tax-exempt · MANASQUAN, NJ 08736

Financials

$22K$56K2023$26K$40K2024$26K$42K2025
Revenue Expenses · by fiscal year end
Financials of PROSOURCE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$26,023$41,682-$15,659$758,062$0$758,062
December 31, 2024990-PF$25,535$40,064-$14,529$725,573$0$725,573
December 31, 2023990-PF$21,937$56,131-$34,194$688,888$0$688,888
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$3,569
Interest
$22,454

Expenses

Grants and similar amounts paid
$33,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$35,744
Excise tax on investment income
$283

Balance sheet and other

Total assets, start of year
$725,573
Total assets, end of year
$758,062
Total liabilities, end of year
$0
Net assets, end of year
$758,062
Fair market value of assets
$758,062
Qualifying distributions
$35,744
Net investment income
$26,023

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.

NameTitleHours / weekCompensation
ROBERT CHINERY JR
2003 Atlantic Ave, Manasquan, NJ 08736
TRUSTEE0.5$0
TRACY CHINERY
2003 Atlantic Ave, Manasquan, NJ 08736
TRUSTEE0.5$0
WILLIAM R HAGAMAN JR
2003 Atlantic Ave, Manasquan, NJ 08736
TRUSTEE0.5$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
ROBERT CHINERY JR
2220 Landmark Place Suite 8, Manasquan, NJ 08736
TRUSTEE0.5$0
TRACY CHINERY
2220 Landmark Place Suite 8, Manasquan, NJ 08736
TRUSTEE0.5$0
WILLIAM R HAGAMAN JR
2220 Landmark Place Suite 8, Manasquan, NJ 08736
TRUSTEE0.5$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ROBERT CHINERY JR
2220 Landmark Place Suite 8, Manasquan, NJ 08736
TRUSTEE0.5$0
TRACY CHINERY
2220 Landmark Place Suite 8, Manasquan, NJ 08736
TRUSTEE0.5$0
WILLIAM R HAGAMAN JR
2220 Landmark Place Suite 8, Manasquan, NJ 08736
TRUSTEE0.5$0

Address and contacts

Address (IRS master file)
2003 ATLANTIC AVE, MANASQUAN, NJ 08736-1001
In care of
% THE FOUNDATION
Signed the 990-PF
TRACY CHINERY, TRUSTEE
Phone
(732) 528-3265
Return prepared by
WithumSmithBrown PC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
22-3842879
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
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$758,062
Income (IRS master file)
$26,023

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$26,023$41,682$758,062XML
990-PFDecember 2024$25,535$40,064$725,573XML
990-PFDecember 2023$21,937$56,131$688,888XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 22-3842879).

Questions about PROSOURCE FOUNDATION INC

What is the EIN of PROSOURCE FOUNDATION INC?
The employer identification number (EIN) of PROSOURCE FOUNDATION INC is 22-3842879.
Is PROSOURCE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to PROSOURCE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PROSOURCE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PROSOURCE FOUNDATION INC 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 PROSOURCE FOUNDATION INC 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 PROSOURCE FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does PROSOURCE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $26,023, expenses of $41,682 and total assets of $758,062 at year end.

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