Nonprofit · EIN 25-1027211
COMBUSTION INSTITUTE
Tax-exempt (reinstated) · PITTSBURGH, PA 15213
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $2,517,882 | $2,215,567 | $302,315 | $8,881,221 | $934,807 | $7,946,414 |
| June 30, 2024 | 990-PF | $1,355,970 | $919,439 | $436,531 | $8,902,340 | $1,258,241 | $7,644,099 |
| June 30, 2023 | 990-PF | $2,056,717 | $1,633,303 | $423,414 | $7,528,821 | $321,253 | $7,207,568 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $288,509
- Interest
- $17,763
- Net gain from sales of assets
- $86,383
- Other income
- $2,125,227
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $427,673
- Disbursements for charitable purposes
- $2,168,552
- Excise tax on investment income
- $4,837
Balance sheet and other
- Total assets, start of year
- $8,902,340
- Total assets, end of year
- $8,881,221
- Total liabilities, end of year
- $934,807
- Net assets, end of year
- $7,946,414
- Fair market value of assets
- $10,281,351
- Qualifying distributions
- $2,168,552
- Net investment income
- $392,655
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RENNE TASSARI 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | EXECUTIVE ADMINISTRA Highest-paid employee | 40 | $123,894 | $12,389 |
| DEANNA SPILLAR 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | ORGANIZATIONAL SERVI Highest-paid employee | 40 | $75,246 | $7,524 |
| DAVID SHARBAUGH 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | COMMITTEE AND EVENTS Highest-paid employee | 40 | $66,500 | $6,179 |
| AMY WEISS 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | FINANCIAL ADMINISTRA Highest-paid employee | 40 | $63,000 | $3,250 |
| GABRIELLA GRAY 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | ADMINSTRATIVE ASSIST Highest-paid employee | 40 | $52,500 | $3,675 |
| ANDRES FUENTES CASTILLO 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| ASSAAD MASRI 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | VICE PRESIDENT | 2 | $0 | $0 |
| BIN YANG 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| BRYAN S HAYNES 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| CHARLES K WESTBROOK 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| CHRISTIAN HASSE 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| CHRISTINE ROUSSELLE 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| CHUNG KING LAW 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| DANIEL J SEERY 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| DEREK DUNN-RANKIN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | TREASURER | 2 | $0 | $0 |
25 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EPANIMONDAS MASTORAKOS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| ERIC L PETERSEN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| HAI WANG 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | PRESIDENT | 2 | $0 |
| HAIPING YANG 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| HENRY CURRAN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| JAMES F DRISCOLL 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| KAORU MARUTA 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| KATHARINA KOHSE-HOINGHAUS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| KELLY SENECAL 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| LI QIAO 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| MARA DE JOANNON 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| MICHAEL E MUELLER 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| MS RENEE TASSARI 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | EXECUTIVE ADMINISTRA | 50 | $0 |
| NAIAN LIU 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| NILS HANSEN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| OSAMU FUJITA 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | VP - SECT AFFAIRS | 2 | $0 |
| PERRINE PEPIOT 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| PHILIPPE DAGAUT 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| ROBERT F SAWYER 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| RUUD EGGELS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| TERESE LOVAS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | SECRETARY | 2 | $0 |
| TERUYUKI OKAZAKI 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| WILLIAM ROBERTS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
| ZHENG CHEN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | SECRETARY SECTIONAL AFFAIRS | 2 | $0 |
| ZHENG CHEN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 |
990-PF for the year ended June 30, 2024: 40 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MS RENEE TASSARI 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | EXECUTIVE ADMINISTRA | 50 | $112,631 | $11,263 |
| DEANNA SPILLAR 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | ORGANIZATIONAL SERVI Highest-paid employee | 40 | $71,663 | $7,166 |
| DAVID SHARBAUGH 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | COMMITTEE AND EVENTS Highest-paid employee | 40 | $61,792 | $6,179 |
| AMY WEISS 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | FINANCIAL ADMINISTRA Highest-paid employee | 40 | $60,008 | $3,250 |
| GABRIELLA GRAY 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | ADMINSTRATIVE ASSIST Highest-paid employee | 40 | $50,003 | $3,500 |
| DRAVEN MARINO 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | COMMUNICATIONS & WEB Highest-paid employee | 40 | $44,101 | $4,410 |
| BRYAN S HAYNES 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| CHUNG KING LAW 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| DEREK DUNN-RANKIN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | TREASURER | 2 | $0 | $0 |
| DR PHILIPPE DAGAUT 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | PRESIDENT | 2 | $0 | $0 |
| EPANIMONDAS MASTORAKOS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| FEI QI 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | SECRETARY SECTIONAL AFFAIRS | 2 | $0 | $0 |
| FREDERIQUE BATTEN-LECLERC 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| HAI WANG 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | VICE PRESIDENT | 2 | $0 | $0 |
| HAIPING YANG 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| HENRY CURRAN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| JAMES DRISCOLL 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| KANG YUL HUH 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| KAORU MARUTA 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| KATHARINA KOHSE-HOINGHAUS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| LI QIAO 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| MARA DE JOANNON 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| NAIAN LIU 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| NILS HANSEN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| OSAMU FUJITA 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | VP - SECT AFFAIRS | 2 | $0 | $0 |
| PERRINE PEPIOT 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| ROBERT F SAWYER 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| ROGER CRACKNELL 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| RUUD EGGELS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| SANJAI CORREA 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| TERESE LOVAS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| TIMOTHY LIEUWEN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| WILLIAM ROBERTS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| YIGUANG JU 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| ZHENG CHEN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| ANDREAS DRIZLER 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | SECRETARY | 2 | $0 | $0 |
| ZUOHUA HUANG 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| TERUYUKI OKAZAKI 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| DANIEL J SEERY 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| CHARLES K WESTBROOK 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
990-PF for the year ended June 30, 2023: 36 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MS RENEE TASSARI 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | EXECUTIVE ADMINISTRA | 50 | $110,117 | $11,012 |
| DAVID SHARBAUGH 5001 BAUM BOULEVARD SUITE 644, PITTSBURGH, PA 15213 | COMMITTEE AND EVENTS Highest-paid employee | 40 | $59,173 | $5,917 |
| BRYAN S HAYNES 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| CHUNG KING LAW 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| DEREK DUNN-RANKIN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | TREASURER | 2 | $0 | $0 |
| DR PHILIPPE DAGAUT 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | PRESIDENT | 2 | $0 | $0 |
| EPANIMONDAS MASTORAKOS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| FEI QI 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | SECRETARY SECTIONAL AFFAIRS | 2 | $0 | $0 |
| FREDERIQUE BATTEN-LECLERC 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| HAI WANG 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | VICE PRESIDENT | 2 | $0 | $0 |
| HAIPING YANG 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| HENRY CURRAN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| JAMES DRISCOLL 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| KANG YUL HUH 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| KAORU MARUTA 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| KATHARINA KOHSE-HOINGHAUS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| LI QIAO 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| MARA DE JOANNON 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| NAIAN LIU 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| NILS HANSEN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| OSAMU FUJITA 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | VP - SECT AFFAIRS | 2 | $0 | $0 |
| PERRINE PEPIOT 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| ROBERT F SAWYER 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| ROGER CRACKNELL 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| RUUD EGGELS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| SANJAI CORREA 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| TERESE LOVAS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| TIMOTHY LIEUWEN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| WILLIAM ROBERTS 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| YIGUANG JU 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| ZHENG CHEN 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| ANDREAS DRIZLER 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | SECRETARY | 2 | $0 | $0 |
| ZUOHUA HUANG 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| TERUYUKI OKAZAKI 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| DANIEL J SEERY 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
| CHARLES K WESTBROOK 5001 BAUM BOULEVARD, PITTSBURGH, PA 15213 | DIRECTOR | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5001 BAUM BLVD STE 644, PITTSBURGH, PA 15213-1851
- Signed the 990-PF
- DEREK DUNN-RANKIN, TREASURER
- Phone
- (412) 687-1366
- Website
- COMBUSTIONINSTITUTE.ORG
- Return prepared by
- LOUIS PLUNG & COMPANY LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 25-1027211
- 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
- 2023
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Science and technology (U03)
- Assets (IRS master file)
- $8,881,221
- Income (IRS master file)
- $3,466,528
Revocation and reinstatement
- Exemption revoked
- November 15, 2021
- Posted by the IRS
- July 13, 2022
- Reinstated
- Effective November 15, 2021
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-PF | June 2025 | $2,517,882 | $2,215,567 | $8,881,221 | IRS |
| 990-PF | June 2024 | $1,355,970 | $919,439 | $8,902,340 | XML |
| 990-PF | June 2023 | $2,056,717 | $1,633,303 | $7,528,821 | XML |
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 25-1027211).
Questions about COMBUSTION INSTITUTE
- What is the EIN of COMBUSTION INSTITUTE?
- The employer identification number (EIN) of COMBUSTION INSTITUTE is 25-1027211.
- Is COMBUSTION INSTITUTE tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2021 and reinstated it effective November 15, 2021.
- Are donations to COMBUSTION INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does COMBUSTION INSTITUTE file?
- Form 990-PF. Private foundations file every year.
- When is the next return of COMBUSTION INSTITUTE 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 COMBUSTION INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of COMBUSTION INSTITUTE?
- The 990-PF for the year ended June 30, 2025 lists 40 people; 5 received compensation from the organization, the highest $123,894 (RENNE TASSARI, EXECUTIVE ADMINISTRA).
- How much revenue does COMBUSTION INSTITUTE have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $2,517,882, expenses of $2,215,567 and total assets of $8,881,221 at year end.
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