Nonprofit · EIN 34-1196801
MASSILLON EDUCATIONAL LOAN FOUNDATION INC
Tax-exempt · MASSILLON, OH 44648
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-PF | $84,745 | $41,844 | $42,901 | $2,472,210 | $0 | $2,472,210 |
| August 31, 2024 | 990-PF | $55,423 | $95,229 | -$39,806 | $2,285,957 | $0 | $2,285,957 |
| August 31, 2023 | 990-PF | $38,879 | $19,930 | $18,949 | $2,140,684 | $0 | $2,140,684 |
| August 31, 2022 | 990-PF | -$8,067 | $28,247 | -$36,314 | $2,081,535 | $7,500 | $2,074,035 |
Financial details: 990-PF for the year ended August 31, 2025
Revenue
- Dividends
- $72,334
- Net gain from sales of assets
- $4,508
- Other income
- $7,903
Expenses
- Grants and similar amounts paid
- $0
- Excise tax on investment income
- $534
Balance sheet and other
- Total assets, start of year
- $2,285,957
- Total assets, end of year
- $2,472,210
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,472,210
- Fair market value of assets
- $2,472,210
- Qualifying distributions
- $41,844
- Net investment income
- $80,237
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elizabeth Hersher PO Box 1603, Massillon, OH 446481603 | President | 1 | $0 |
| Renee Parr PO Box 1603, Massillon, OH 446481603 | Co-Treasurer | 1 | $0 |
| Michelle Burch PO Box 1603, Massillon, OH 446481603 | Vice President | 1 | $0 |
| Amy Sabino PO Box 1603, Massillon, OH 446481603 | Secretary | 1 | $0 |
| Marcus Simpson PO Box 1603, Massillon, OH 446481603 | Co-Treasurer | 1 | $0 |
990-PF for the year ended August 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elizabeth Hersher PO Box 1603, Massillon, OH 446481603 | President | 1 | $0 |
| Renee Parr PO Box 1603, Massillon, OH 446481603 | Co-Treasurer | 1 | $0 |
| Michelle Burch PO Box 1603, Massillon, OH 446481603 | Vice President | 1 | $0 |
| Amy Sabino PO Box 1603, Massillon, OH 446481603 | Secretary | 1 | $0 |
| Marcus Simpson PO Box 1603, Massillon, OH 446481603 | Co-Treasurer | 1 | $0 |
990-PF for the year ended August 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elizabeth Hersher PO Box 1603, Massillon, OH 446481603 | President | 1 | $0 |
| Renee Parr PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Rebecca Craig PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Barbara Tscholl PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Michelle Burch PO Box 1603, Massillon, OH 446481603 | Vice President | 1 | $0 |
| Sarah Peterson PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Michelle Del Rio-Keller PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Chrisann Gross PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Glen Weirich PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Suzanne Halm PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Mary Jane Fahrney PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Amy Sabino PO Box 1603, Massillon, OH 446481603 | Secretary | 1 | $0 |
| Nadine Christie PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Marcus Simpson PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Kristi Muzi PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Gary Dietz PO Box 1603, Massillon, OH 446481603 | Treasurer | 1 | $0 |
990-PF for the year ended August 31, 2022: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Renee Parr PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Rebecca Craig PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Barbara Tscholl PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Michelle Burch PO Box 1603, Massillon, OH 446481603 | Vice President | 1 | $0 |
| Sarah Peterson PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Michelle Del Rio-Keller PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Chrisann Gross PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Glen Weirich PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Suzanne Halm PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Mary Jane Fahrney PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Amy Sabino PO Box 1603, Massillon, OH 446481603 | Secretary | 1 | $0 |
| Nadine Christie PO Box 1603, Massillon, OH 446481603 | Treasurer | 1 | $0 |
| Elizabeth Hersher PO Box 1603, Massillon, OH 446481603 | President | 1 | $0 |
| Marcus Simpson PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
| Kristi Muzi PO Box 1603, Massillon, OH 446481603 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1603, MASSILLON, OH 44648-1603
- In care of
- % ELIZABETH HERSHER
- Signed the 990-PF
- ELIZABETH HERSHER, President
- Phone
- (330) 327-6126
- Website
- melf.org
- Return prepared by
- Nicholas J Reynolds CPA 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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-PF on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990-PF on file |
IRS record
- EIN
- 34-1196801
- 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
- 1977
- Accounting year ends
- August
- Files
- Form 990-PF
- Assets (IRS master file)
- $2,472,210
- Income (IRS master file)
- $102,268
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | August 2025 | $84,745 | $41,844 | $2,472,210 | XML |
| 990-PF | August 2024 | $55,423 | $95,229 | $2,285,957 | XML |
| 990-PF | August 2023 | $38,879 | $19,930 | $2,140,684 | XML |
| 990-PF | August 2022 | -$8,067 | $28,247 | $2,081,535 | XML |
| 990-PF | August 2021 | – | – | – | IRS |
| 990-PF | August 2020 | – | – | – | IRS |
| 990-PF | August 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 34-1196801).
Questions about MASSILLON EDUCATIONAL LOAN FOUNDATION INC
- What is the EIN of MASSILLON EDUCATIONAL LOAN FOUNDATION INC?
- The employer identification number (EIN) of MASSILLON EDUCATIONAL LOAN FOUNDATION INC is 34-1196801.
- Is MASSILLON EDUCATIONAL LOAN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to MASSILLON EDUCATIONAL LOAN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MASSILLON EDUCATIONAL LOAN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MASSILLON EDUCATIONAL LOAN FOUNDATION INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASSILLON EDUCATIONAL LOAN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended August 2025.
- Who are the officers and directors of MASSILLON EDUCATIONAL LOAN FOUNDATION INC?
- The 990-PF for the year ended August 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does MASSILLON EDUCATIONAL LOAN FOUNDATION INC have?
- On its 990-PF for the year ended August 31, 2025 it reported revenue of $84,745, expenses of $41,844 and total assets of $2,472,210 at year end.
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