Skip to main content

Nonprofit · EIN 34-1701625

FOUNDATION MEDICI

Tax-exempt · WARREN, OH 44484

Financials

$202K$357K2023$205K$357K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION MEDICI by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$204,657$357,042-$152,385$5,350,812$0$5,350,812
December 31, 2023990-PF$201,905$357,252-$155,347$5,503,953$0$5,503,953
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$35,990
Dividends
$42,443
Interest
$7,432
Net gain from sales of assets
$116,991
Other income
$1,801

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$118,499
Disbursements for charitable purposes
$335,788
Excise tax on investment income
$2,024

Balance sheet and other

Total assets, start of year
$5,503,953
Total assets, end of year
$5,350,812
Total liabilities, end of year
$0
Net assets, end of year
$5,350,812
Fair market value of assets
$5,842,938
Qualifying distributions
$335,788
Net investment income
$166,866

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.

NameTitleHours / weekCompensation
DR FARID NAFFAH
1625 NILES-CORTLAND, WARREN, OH 44484
PRESIDENT0$0
JOHN PROGUE
108 MAIN AVENUE, WARREN, OH 44481
SECRETARY0$0
WILLIAM MULLANE
8680 KIMBLEWICK LN NE, WARREN, OH 44484
TREASURER0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
DR FARID NAFFAH
1625 NILES-CORTLAND, WARREN, OH 44484
PRESIDENT0$0
JOHN PROGUE
108 MAIN AVENUE, WARREN, OH 44481
SECRETARY0$0
WILLIAM MULLANE
8680 KIMBLEWICK LN NE, WARREN, OH 44484
TREASURER0$0

Address and contacts

Address (IRS master file)
9350 E MARKET ST, WARREN, OH 44484-5516
In care of
% FARID NAFFAH
Signed the 990-PF
KATELYN AMENDOLARA-RUSSO, DIRECTOR
Phone
(330) 743-7000
Return prepared by
Harold E Blackann CPA

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
34-1701625
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,350,812
Income (IRS master file)
$757,532

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$204,657$357,042$5,350,812XML
990-PFDecember 2023$201,905$357,252$5,503,953XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 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 34-1701625).

Questions about FOUNDATION MEDICI

What is the EIN of FOUNDATION MEDICI?
The employer identification number (EIN) of FOUNDATION MEDICI is 34-1701625.
Is FOUNDATION MEDICI tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to FOUNDATION MEDICI tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does FOUNDATION MEDICI file?
Form 990-PF. Private foundations file every year.
When is the next return of FOUNDATION MEDICI 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 FOUNDATION MEDICI 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 FOUNDATION MEDICI?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does FOUNDATION MEDICI have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $204,657, expenses of $357,042 and total assets of $5,350,812 at year end.

Other nonprofits in WARREN

All nonprofits in WARREN · Ohio · Philanthropy, voluntarism and grantmaking foundations