Nonprofit · EIN 23-3047862
216 SOMERSET COMPANY
Tax-exempt (reinstated) · PHILADELPHIA, PA 19133
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $256,448 | $200,867 | $55,581 | $4,442,794 | $2,266,956 | $2,175,838 |
| June 30, 2024 | 990 | $255,828 | $203,867 | $51,961 | $4,459,746 | $2,339,489 | $2,120,257 |
| June 30, 2023 | 990 | $216,909 | $208,765 | $8,144 | $4,476,874 | $2,408,578 | $2,068,296 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $248,517
- Investment income
- $7,931
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $118,279
- Program services (functional)
- $200,867
Balance sheet and other
- Total assets, start of year
- $4,459,746
- Total assets, end of year
- $4,442,794
- Total liabilities, end of year
- $2,266,956
- Net assets, end of year
- $2,175,838
- Land, buildings and equipment
- $1,409,391
- Net assets without donor restrictions
- $2,175,838
- Gross receipts
- $256,448
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2000
- State of legal domicile
- PA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JANNETTE DIAZ | MEMBER Trustee or director | 1 | $0 | $225,832 | $22,739 |
| MARY LYNN ALVARINO | MEMBER Trustee or director | 1 | $0 | $181,507 | $18,151 |
| RICH DEPIANO JR | BOARD CHAIR & PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT AHRENS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JESSICA DEJESUS | MEMBER (EFF 9/24) Trustee or director | 1 | $0 | $0 | $0 |
| CARLOS GIRALDO | MEMBER (EFF 9/24) Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JANNETTE DIAZ | MEMBER Trustee or director | 1 | $0 | $218,015 | $18,818 |
| MARY LYNN ALVARINO | MEMBER Trustee or director | 1 | $0 | $10,096 | $538 |
| RICH DEPIANO JR | BOARD CHAIR & PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT AHRENS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CAROLINA DIGIORGIO | MEMBER (THRU 3/11/23) Trustee or director | 1 | $0 | $228,988 | $32,967 |
| JANNETTE DIAZ | MEMBER (EFF 3/11/23) Trustee or director | 1 | $0 | $157,166 | $12,592 |
| LISA AUERBACH | TREASURER & VP (THRU 5/5/23) Trustee or director, Officer | 1 | $0 | $138,399 | $17,877 |
| RICH DEPIANO JR | BOARD CHAIR & PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT AHRENS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 216 W SOMERSET ST, PHILADELPHIA, PA 19133-3534
- Principal officer (990 for 2024)
- MARY LYNN ALVARINO, 216 WEST SOMERSET STREET, PHILADELPHIA, PA 19133
- Signed the 990
- MARY LYNN ALVARINO, CFO-CONGRESO
- Phone
- (215) 763-8870
- Return prepared by
- EISNER ADVISORY GROUP LLC
Mission
216 SOMERSET COMPANY IS ORGANIZED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF CONGRESO DE LATINOS UNIDOS, INC. 216 SOMERSET COMPANY WILL ENGAGE IN ACTIVITIES THAT CONGRESO WOULD OTHERWISE ENGAGE IN ON ITS OWN BEHALF, SUCH AS HOLDING TITLE TO AND MANAGING REAL PROPERTY FOR THE BENEFIT OF CONGRESO.
Program accomplishments
- EXEMPT FUNCTION REAL PROPERTY RENTAL TO AFFILIATED ORGANIZATION.Expenses $200,867 · revenue $248,517
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-3047862
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T11)
- Assets (IRS master file)
- $4,442,794
- Income (IRS master file)
- $256,448
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- July 13, 2011
- Reinstated
- Effective November 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $256,448 | $200,867 | $4,442,794 | IRS |
| 990 | June 2024 | $255,828 | $203,867 | $4,459,746 | IRS |
| 990 | June 2023 | $216,909 | $208,765 | $4,476,874 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | 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 23-3047862).
Questions about 216 SOMERSET COMPANY
- What is the EIN of 216 SOMERSET COMPANY?
- The employer identification number (EIN) of 216 SOMERSET COMPANY is 23-3047862.
- Is 216 SOMERSET COMPANY tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective November 15, 2010.
- Are donations to 216 SOMERSET COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does 216 SOMERSET COMPANY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of 216 SOMERSET COMPANY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did 216 SOMERSET COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of 216 SOMERSET COMPANY?
- The 990 for the year ended June 30, 2025 names MARY LYNN ALVARINO.
- Who are the officers and directors of 216 SOMERSET COMPANY?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does 216 SOMERSET COMPANY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $256,448, expenses of $200,867 and total assets of $4,442,794 at year end.
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