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Nonprofit · EIN 36-4389361

STEEL FOUNDERS SOCIETY FOUNDATION

Tax-exempt · CRYSTAL LAKE, IL 60014

Financials

$43K$16K2023$25K$12K2024
Revenue Expenses · by fiscal year end
Financials of STEEL FOUNDERS SOCIETY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$25,112$11,591$13,521$380,188$37$380,151
December 31, 2023990$43,088$16,420$26,668$345,156$72$345,084
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,461
Program service revenue
$0
Investment income
$15,651
Net gain from sales of assets
$2,460
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$560
Accounting fees
$3,587
Program services (functional)
$4,000
Management and general (functional)
$7,591

Balance sheet and other

Total assets, start of year
$345,156
Total assets, end of year
$380,188
Total liabilities, end of year
$37
Net assets, end of year
$380,151
Publicly traded securities
$360,433
Net assets without donor restrictions
$328,097
Net assets with donor restrictions
$52,054
Gross receipts
$67,466
Employees
0
Volunteers
4
Year formed
2000
State of legal domicile
DE

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RAYMOND MONROEEXECUTIVE VICE PRESIDENT
Officer
0.2$0$481,504$44,119
KELLY MORITZTREASURER
Officer
0.2$0$293,689$43,844
MAX HOLMANIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
0.25$0$0$0
ROBERT HARRISONPRESIDENT
Trustee or director, Officer
0.25$0$0$0
JEFF BUREKDIRECTOR
Trustee or director
0.25$0$0$0
JOHN CORYVICE PRESIDENT
Trustee or director, Officer
0.25$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RAYMOND MONROEEXECUTIVE VICE PRESIDENT
Officer
0.2$0$451,390$42,057
KELLY MORITZTREASURER
Officer
0.2$0$276,985$44,170
ROBERT HARRISONPRESIDENT
Trustee or director, Officer
0.25$0$0$0
JOHN CORYVICE PRESIDENT
Trustee or director, Officer
0.25$0$0$0
MAX HOLMANIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
0.25$0$0$0
JEFF BUREKDIRECTOR
Trustee or director
0.25$0$0$0

Address and contacts

Address (IRS master file)
780 MCARDLE DR STE G, CRYSTAL LAKE, IL 60014-8155
In care of
% RAYMOND MONROE
Principal officer (990 for 2024)
RAYMOND MONROE, 780 MCARDLE DRIVE G, CRYSTAL LAKE, IL 60014
Signed the 990
RAYMOND MONROE, EXECUTIVE VICE PRESIDENT
Phone
(815) 455-8240
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE OBJECTS AND PURPOSES OF THE CORPORATION SHALL BE EXCLUSIVELY CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, INCLUDING BUT NOT LIMITED TO SUPPORTING EDUCATIONAL ACTIVITIES, FUNDING SCHOLARSHIPS FOR STUDENTS TO STUDY ENGINEERING, PROVIDING SUPPORT FOR ENGINEERING WORK STUDY PROGRAMS, MAKING GRANTS TO SUPPORT SCIENTIFIC RESEARCH IN SUCH AREAS AS BASIC PHYSICS CONCERNING SOLIDIFICATION AND FLOW OFMELTED METALS, AND ENGINEERING PROPERTIES OF CASTINGS FOR DESIGN. THE PURPOSE OF THE CORPORATION SHALL BE TO SUPPORT STEEL FOUNDERS' SOCIETY OF AMERICA AND ANY ORGANIZATIONS WITHIN A CLASS OF ORGANIZATIONS SERVING THE MISSION OF STEEL FOUNDERS' SOCIETY OF AMERICA.

990 for the year ended December 31, 2024

Program accomplishments

  • SUPPORTING EDUCATIONAL ACTIVITIES AND FUNDING SCHOLARSHIPS FOR STUDENTS TO STUDY ENGINEERING.
    Expenses $4,000 · grants $4,000
  • PROVIDING SUPPORT FOR ENGINEERING WORK STUDY PROGRAMS, MAKING GRANTS TO SUPPORT SCIENTIFIC RESEARCH IN SUCH AREAS AS BASIC PHYSICS CONCERNING SOLIDIFICATION AND FLOW OF MELTED METALS, AND ENGINEERING PROPERTIES OF CASTINGS FOR DESIGN.

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

IRS record

EIN
36-4389361
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$380,188
Income (IRS master file)
$67,466

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$25,112$11,591$380,188XML
990December 2023$43,088$16,420$345,156XML
990December 2022$32,878$16,485$279,178IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 36-4389361).

Questions about STEEL FOUNDERS SOCIETY FOUNDATION

What is the EIN of STEEL FOUNDERS SOCIETY FOUNDATION?
The employer identification number (EIN) of STEEL FOUNDERS SOCIETY FOUNDATION is 36-4389361.
Is STEEL FOUNDERS SOCIETY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to STEEL FOUNDERS SOCIETY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does STEEL FOUNDERS SOCIETY FOUNDATION 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 STEEL FOUNDERS SOCIETY FOUNDATION 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 STEEL FOUNDERS SOCIETY FOUNDATION 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 STEEL FOUNDERS SOCIETY FOUNDATION?
The 990 for the year ended December 31, 2024 names RAYMOND MONROE.
Who are the officers and directors of STEEL FOUNDERS SOCIETY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does STEEL FOUNDERS SOCIETY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $25,112, expenses of $11,591 and total assets of $380,188 at year end.

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