Skip to main content

Nonprofit · EIN 46-1346238

TAAN WORLDWIDE INC

Tax-exempt (reinstated) · NEWTON, MA 02460

Financials

$319K$315K2022
Revenue Expenses · by fiscal year end
Financials of TAAN WORLDWIDE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2023990$319,194$315,280$3,914$133,345$82,755$50,590
Financial details: 990 for the year ended August 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$319,194
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$140,583
Salaries, compensation and benefits (total)
$151,269
Professional fundraising fees
$0
Legal fees
$1,701
Accounting fees
$4,000
Travel
$64
Program services (functional)
$134,933
Management and general (functional)
$39,764

Balance sheet and other

Total assets, start of year
$67,851
Total assets, end of year
$133,345
Total liabilities, end of year
$82,755
Net assets, end of year
$50,590
Net assets without donor restrictions
$50,590
Gross receipts
$319,194
Employees
0
Year formed
2012
State of legal domicile
MA

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 August 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Peter GerritsenPresident
Officer
30$140,583
Dezaree Vega-GarciaChairman
Trustee or director
0$0
David MaricichGovernor
Trustee or director
0$0
Brittany SteuerGovernor
Trustee or director
0$0
Fredrik KarstromGovernor
Trustee or director
0$0

Address and contacts

Address (IRS master file)
22 COLONIAL AVE, NEWTON, MA 02460-1215
In care of
% PETER GERRITSEN
Signed the 990
Peter Gerritsen, President
Phone
(617) 407-2475
Return prepared by
LOCATELLI AND COMPANY SC

Mission

Management education and training

990 for the year ended August 31, 2023

Program accomplishments

  • Meetings and member conferences for member executives. They run for four days each, and have 25-50 attendees. They are for educational purposes.
    Expenses $134,933

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026Not on file
2023August 31, 2024January 15, 2025Not on file

IRS record

EIN
46-1346238
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2016
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$133,345
Income (IRS master file)
$319,194

Revocation and reinstatement

Exemption revoked
January 15, 2016
Posted by the IRS
May 14, 2016
Reinstated
Effective May 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2023$319,194$315,280$133,345XML
990August 2022$253,240$231,609$67,851IRS
990-EZAugust 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 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 46-1346238).

Questions about TAAN WORLDWIDE INC

What is the EIN of TAAN WORLDWIDE INC?
The employer identification number (EIN) of TAAN WORLDWIDE INC is 46-1346238.
Is TAAN WORLDWIDE INC tax-exempt?
Yes. The IRS revoked its exemption on January 15, 2016 and reinstated it effective May 15, 2016.
Are donations to TAAN WORLDWIDE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TAAN WORLDWIDE 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 TAAN WORLDWIDE 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 TAAN WORLDWIDE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2023.
Who are the officers and directors of TAAN WORLDWIDE INC?
The 990 for the year ended August 31, 2023 lists 5 people; 1 received compensation from the organization, the highest $140,583 (Peter Gerritsen, President).
How much revenue does TAAN WORLDWIDE INC have?
On its 990 for the year ended August 31, 2023 it reported revenue of $319,194, expenses of $315,280 and total assets of $133,345 at year end.

Other nonprofits in NEWTON

All nonprofits in NEWTON · Massachusetts · Community improvement and capacity building