Nonprofit · EIN 34-1282839
NEWMARKET PROJECT INC
Tax-exempt · CANTON, OH 44702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $486,122 | $488,297 | -$2,175 | $7,500,206 | $7,195,403 | $304,803 |
| December 31, 2023 | 990 | $420,446 | $422,476 | -$2,030 | $7,014,134 | $6,707,156 | $306,978 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $486,072
- Net rental income
- $50
- Other revenue
- $50
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,200
- Management and general (functional)
- $488,297
Balance sheet and other
- Total assets, start of year
- $7,014,134
- Total assets, end of year
- $7,500,206
- Total liabilities, end of year
- $7,195,403
- Net assets, end of year
- $304,803
- Land, buildings and equipment
- $320,000
- Net assets without donor restrictions
- $304,803
- Gross receipts
- $486,122
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1979
- State of legal domicile
- OH
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CARRIE L BAST | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $180,065 | $8,812 |
| JEFFREY W ZELLERS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WILLIAM R COOK | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CARRIE L BAST | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $175,721 | $8,571 |
| NANCY VARIAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WILLIAM R COOK | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 MARKET AVE N STE 200, CANTON, OH 44702-1557
- In care of
- % PATRICIA C QUICK
- Mailing address (990-N for 2015)
- 400 Market Avenue North, Canton OH 44702
- Principal officer (990 for 2024)
- JEFFREY W ZELLERS, 400 MARKET AVENUE N 200, CANTON, OH 44702
- Principal officer (990-N for 2015)
- Mark Samolczyk, 400 Market Avenue North, Canton OH 44702
- Signed the 990
- JEFFREY W ZELLERS, PRESIDENT
- Phone
- (330) 454-3426
- Return prepared by
- MALONEY NOVOTNY LLC
Mission
TO ENGAGE IN PURCHASE, RENTAL, AND SALE OF REAL PROPERTY TO ENHANCE THE REHABILITATION OF DOWNTOWN CANTON, OHIO.
Program accomplishments
- TO ENGAGE IN PURCHASE, RENTAL, AND SALE OF REAL PROPERTY TO ENHANCE THE REHABILITATION OF DOWNTOWN CANTON, OHIO.
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 34-1282839
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,500,206
- Income (IRS master file)
- $486,122
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $486,122 | $488,297 | $7,500,206 | XML |
| 990 | December 2023 | $420,446 | $422,476 | $7,014,134 | XML |
| 990 | December 2022 | $395,466 | $396,258 | $6,593,738 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Mark Samolczyk | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 34-1282839).
Questions about NEWMARKET PROJECT INC
- What is the EIN of NEWMARKET PROJECT INC?
- The employer identification number (EIN) of NEWMARKET PROJECT INC is 34-1282839.
- Is NEWMARKET PROJECT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1980.
- Are donations to NEWMARKET PROJECT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEWMARKET PROJECT INC 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 NEWMARKET PROJECT INC 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 NEWMARKET PROJECT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEWMARKET PROJECT INC?
- The 990 for the year ended December 31, 2024 names JEFFREY W ZELLERS.
- Who are the officers and directors of NEWMARKET PROJECT INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEWMARKET PROJECT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $486,122, expenses of $488,297 and total assets of $7,500,206 at year end.
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