Nonprofit · EIN 59-2714390
THE H HOVNANIAN FAMILY FOUNDATION
Tax-exempt · TINTON FALLS, NJ 07753
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $26,612,677 | $14,640,462 | $11,972,215 | $212,449,069 | $968,869 | $211,480,200 |
| December 31, 2023 | 990-PF | $11,910,290 | $14,095,731 | -$2,185,441 | $206,038,720 | $294,927 | $205,743,793 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $347,467
- Dividends
- $4,952,145
- Net rental income
- $956,476
- Net gain from sales of assets
- $18,322,885
- Other income
- $1,625,102
Expenses
- Grants and similar amounts paid
- $10,105,914
- Compensation of officers, directors and key employees
- $150,000
- Salaries, compensation and benefits (total)
- $398,325
- Disbursements for charitable purposes
- $12,686,427
- Excise tax on investment income
- $344,148
Balance sheet and other
- Total assets, start of year
- $206,038,720
- Total assets, end of year
- $212,449,069
- Total liabilities, end of year
- $968,869
- Net assets, end of year
- $211,480,200
- Fair market value of assets
- $212,449,069
- Qualifying distributions
- $12,686,427
- Net investment income
- $26,444,073
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LINDA YEPOYAN 20 ROSEDALE ROAD, WYNNEWOOD, PA 19096 | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $193,289 | $19,187 |
| EDELE HOVNANIAN 4000 ROUTE 66, TINTON FALLS, NJ 07753 | PRESIDENT | 22 | $150,000 | $15,856 |
| DANIEL LUCA 8 HAWTHORNE COURT, FREEHOLD, NJ 07728 | SENIOR ACCOUNTANT Highest-paid employee | 40 | $82,055 | $0 |
| TRICIA WEAVER 14 CARMEN STREET, HAZLET TOWNSHIP, NJ 07734 | ADMIN. ASSISTANT Highest-paid employee | 40 | $81,209 | $5,263 |
| GORR SAHAKIAN 4000 ROUTE 66, TINTON FALLS, NJ 07753 | VICE PRESIDENT/SECRETARY | 2 | $0 | $0 |
| SIRAN SAHAKIAN 4000 ROUTE 66, TINTON FALLS, NJ 07753 | TREASURER | 2 | $0 | $0 |
| LEELA HOVNANIAN 4000 ROUTE 66, TINTON FALLS, NJ 07753 | TRUSTEE | 2 | $0 | $0 |
| TANYA HOVNANIAN BAGHDASARIAN 4000 ROUTE 66, TINTON FALLS, NJ 07753 | TRUSTEE | 2 | $0 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LINDA YEPOYAN 20 ROSEDALE ROAD, WYNNEWOOD, PA 19096 | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $186,828 | $17,832 |
| EDELE HOVNANIAN 4000 ROUTE 66, TINTON FALLS, NJ 07753 | PRESIDENT | 22 | $155,697 | $15,105 |
| EDWIN WEGENER 99 BETSY ROSS ROAD, FREEHOLD, NJ 07728 | SENIOR ACCOUNTANT Highest-paid employee | 40 | $89,400 | $309 |
| TRICIA WEAVER 14 CARMEN STREET, HAZLET TOWNSHIP, NJ 07734 | ADMIN. ASSISTANT Highest-paid employee | 40 | $79,010 | $4,490 |
| GORR SAHAKIAN 4000 ROUTE 66, TINTON FALLS, NJ 07753 | VICE PRESIDENT/SECRETARY | 2 | $0 | $0 |
| SIRAN SAHAKIAN 4000 ROUTE 66, TINTON FALLS, NJ 07753 | TREASURER | 2 | $0 | $0 |
| LEELA HOVNANIAN 4000 ROUTE 66, TINTON FALLS, NJ 07753 | TRUSTEE | 2 | $0 | $0 |
| TANYA HOVNANIAN BAGHDASARIAN 4000 ROUTE 66, TINTON FALLS, NJ 07753 | TRUSTEE | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4000 ROUTE 66 FOURTH FLOOR, TINTON FALLS, NJ 07753-7300
- In care of
- % EDELE HOVNANIAN
- Signed the 990-PF
- EDELE HOVNANIAN, PRESIDENT
- Phone
- (732) 922-6100
- Return prepared by
- WISS & COMPANY LLP
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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 59-2714390
- 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
- 1987
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $212,449,069
- Income (IRS master file)
- $78,022,728
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $26,612,677 | $14,640,462 | $212,449,069 | IRS |
| 990-PF | December 2023 | $11,910,290 | $14,095,731 | $206,038,720 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | 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 59-2714390).
Questions about THE H HOVNANIAN FAMILY FOUNDATION
- What is the EIN of THE H HOVNANIAN FAMILY FOUNDATION?
- The employer identification number (EIN) of THE H HOVNANIAN FAMILY FOUNDATION is 59-2714390.
- Is THE H HOVNANIAN FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to THE H HOVNANIAN FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE H HOVNANIAN FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE H HOVNANIAN FAMILY 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 THE H HOVNANIAN FAMILY FOUNDATION 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 THE H HOVNANIAN FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 4 received compensation from the organization, the highest $193,289 (LINDA YEPOYAN, EXECUTIVE DIRECTOR).
- How much revenue does THE H HOVNANIAN FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $26,612,677, expenses of $14,640,462 and total assets of $212,449,069 at year end.
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