Nonprofit · EIN 23-7263028
CANAL SOCIETY OF NEW JERSEY
Tax-exempt · PARSIPPANY, NJ 07054
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $294,102 | $296,185 | -$2,083 | $7,028,607 | $5,302 | $7,023,305 |
| December 31, 2023 | 990-PF | $123,829 | $285,715 | -$161,886 | $6,439,428 | $2,830 | $6,436,598 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $12,503
- Dividends
- $31,161
- Interest
- $91,651
- Other income
- $156,352
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $295,846
- Excise tax on investment income
- $3,752
Balance sheet and other
- Total assets, start of year
- $6,439,428
- Total assets, end of year
- $7,028,607
- Total liabilities, end of year
- $5,302
- Net assets, end of year
- $7,023,305
- Fair market value of assets
- $7,028,607
- Qualifying distributions
- $295,846
- Net investment income
- $269,894
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 |
|---|---|---|---|
| JOE MACASEK 19 BUDD STREET, MORRISTOWN, NJ 07960 | PRESIDENT | 25 | $0 |
| BIERCE RILEY 19 BUDD STREET, MORRISTOWN, NJ 07960 | DIRECTOR | 2 | $0 |
| STEVE LAUF 166 EAST THIRD STREET, CLIFTON, NJ 07011 | DIRECTOR | 2 | $0 |
| CARL LOUTZENHEISER 36 NORTH VIEW DRIVE, MORRIS PLAINS, NJ 07950 | RECORDING SECRETARY | 2 | $0 |
| TIM ROTH 11 BUTTONWOOD DRIVE, LONG VALLEY, NJ 07853 | VICE-PRESIDENT | 25 | $0 |
| JIM LEE 477 COUNTY ROUTE 519, STEWARTSVILLE, NJ 08886 | DIRECTOR | 2 | $0 |
| JANICE ESCOBAR 69 WOODSEDGE AVENUE, BUDD LAKE, NJ 07828 | DIRECTOR | 10 | $0 |
| KEN ROSER 198 BUNKER ROAD, EAST HANOVER, NJ 07936 | TREASURER | 2 | $0 |
| BRUCE BLONDINA 6903 TURTLEBACK DRIVE, WHARTON, NJ 07885 | DIRECTOR | 2 | $0 |
| BILL MEIER 11D HERITAGE DRIVE, CHATHAM, NJ 07928 | DIRECTOR | 2 | $0 |
| BOB BODENSTEIN 38 HULL ROAD, BERNARDSVILLE, NJ 07924 | DIRECTOR | 2 | $0 |
| RICH RICHTER 22 WOODSIDE AVENUE, RINGWOOD, NJ 07456 | DIRECTOR | 2 | $0 |
| BOBBIE EGAN 6 MOUNTAIN RIDGE DRIVE, OXFORD, NJ 07863 | DIRECTOR | 2 | $0 |
| JOHN PRIETO 663 WALL STREET, RIDGEWOOD, NJ 07450 | DIRECTOR | 10 | $0 |
| JEFF STANTON 7 FERN AVENUE, CHATHAM, NJ 07928 | DIRECTOR | 2 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOB BARTH 214 N BRIDGE STREET, SOMERVILLE, NJ 08876 | ADVISORY | 2 | $0 |
| DENNIS S FURBUSH 3743 87TH STREET, JACKSON HEIGHTS, NY 11372 | ADVISORY | 2 | $0 |
| WILLIAM R GREGOR 275A LACKAWANNA DRIVE, BRYAM TWP, NJ 07821 | ADVISORY | 2 | $0 |
| WILLIAM J MCKELVEY 103 DOGWOOD LANE, BERKELEY HEIGHTS, NJ 07922 | ADVISORY | 2 | $0 |
| LEWIS WEFFERLING 35 SMULL AVENUE, CALDWELL, NJ 07006 | FINANCIAL ADMINISTRATOR | 2 | $0 |
| PAT MUELLER 203 SOUTH NEW JERSEY AVENUE, LAKE HOPATCONG, NJ 07849 | ADVISORY | 2 | $0 |
| RICH ROCKWELL C/O 35 WATERVIEW BLVD, PARSIPPANY, NJ 07054 | ADVISORY | 2 | $0 |
990-PF for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE MACASEK 19 BUDD STREET, MORRISTOWN, NJ 07960 | PRESIDENT | 25 | $0 |
| JUDITH KEITH 19 CRANBERRY LEDGE ROAD, ANDOVER, NJ 07821 | DIRECTOR | 2 | $0 |
| BIERCE RILEY 19 BUDD STREET, MORRISTOWN, NJ 07960 | DIRECTOR | 2 | $0 |
| STEVE LAUF 166 EAST THIRD STREET, CLIFTON, NJ 07011 | DIRECTOR | 2 | $0 |
| CARL LOUTZENHEISER 36 NORTH VIEW DRIVE, MORRIS PLAINS, NJ 07950 | RECORDING SECRETARY | 2 | $0 |
| TIM ROTH 11 BUTTONWOOD DRIVE, LONG VALLEY, NJ 07853 | VICE-PRESIDENT | 25 | $0 |
| JIM LEE 477 COUNTY ROUTE 519, STEWARTSVILLE, NJ 08886 | DIRECTOR | 2 | $0 |
| JANICE ESCOBAR 69 WOODSEDGE AVENUE, BUDD LAKE, NJ 07828 | DIRECTOR | 10 | $0 |
| KEN ROSER 198 BUNKER ROAD, EAST HANOVER, NJ 07936 | TREASURER | 2 | $0 |
| BRUCE BLONDINA 3 LOOKOUT DRIVE, LEDGEWOOD, NJ 07852 | DIRECTOR | 2 | $0 |
| BILL MEIER 11D HERITAGE DRIVE, CHATHAM, NJ 07928 | DIRECTOR | 2 | $0 |
| BOB BODENSTEIN 38 HULL ROAD, BERNARDSVILLE, NJ 07924 | DIRECTOR | 2 | $0 |
| RICH RICHTER 22 WOODSIDE AVENUE, RINGWOOD, NJ 07456 | DIRECTOR | 2 | $0 |
| BOBBIE EGAN 6 MOUNTAIN RIDGE DRIVE, OXFORD, NJ 07863 | DIRECTOR | 2 | $0 |
| JOHN PRIETO 663 WALL STREET, RIDGEWOOD, NJ 07450 | DIRECTOR | 10 | $0 |
| JEFF STANTON 7 FERN AVENUE, CHATHAM, NJ 07928 | DIRECTOR | 2 | $0 |
| BOB BARTH 214 N BRIDGE STREET, SOMERVILLE, NJ 08876 | ADVISORY | 2 | $0 |
| DENNIS S FURBUSH 43743 87TH STREET, JACKSON HEIGHTS, NY 11372 | ADVISORY | 2 | $0 |
| WILLIAM R GREGOR 275A LACKAWANNA DRIVE, BRYAM TWP, NJ 07821 | ADVISORY | 2 | $0 |
| WILLIAM J MCKELVEY 103 DOGWOOD LANE, BERKELEY HEIGHTS, NJ 07922 | ADVISORY | 2 | $0 |
| LEW WEFFERLING 35 SMULL AVENUE, CALDWELL, NJ 07006 | FINANCIAL ADMINISTRATOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 35 WATERVIEW BLVD STE 103, PARSIPPANY, NJ 07054-1474
- Signed the 990-PF
- JOSEPH MACASEK, PRESIDENT
- Phone
- (973) 292-2755
- Website
- CANALSOCIETYNJ.ORG
- Return prepared by
- MCINTYRE & COMPANY CPAS 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
- 23-7263028
- 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
- 1975
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $7,028,607
- Income (IRS master file)
- $294,230
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $294,102 | $296,185 | $7,028,607 | XML |
| 990-PF | December 2023 | $123,829 | $285,715 | $6,439,428 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 23-7263028).
Questions about CANAL SOCIETY OF NEW JERSEY
- What is the EIN of CANAL SOCIETY OF NEW JERSEY?
- The employer identification number (EIN) of CANAL SOCIETY OF NEW JERSEY is 23-7263028.
- Is CANAL SOCIETY OF NEW JERSEY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to CANAL SOCIETY OF NEW JERSEY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CANAL SOCIETY OF NEW JERSEY file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CANAL SOCIETY OF NEW JERSEY 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 CANAL SOCIETY OF NEW JERSEY 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 CANAL SOCIETY OF NEW JERSEY?
- The 990-PF for the year ended December 31, 2024 lists 22 people; 0 received compensation from the organization.
- How much revenue does CANAL SOCIETY OF NEW JERSEY have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $294,102, expenses of $296,185 and total assets of $7,028,607 at year end.
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