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Nonprofit · EIN 87-4287656

THE INSTITUTE

Tax-exempt · WILKES BARRE, PA 18701

Financials

$1.1M$775K2023$1.5M$959K2024
Revenue Expenses · by fiscal year end
Financials of THE INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,477,187$959,199$517,988$1,527,651$0$1,527,651
December 31, 2023990$1,053,688$774,912$278,776$1,009,663$0$1,009,663
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$241,375
of which government grants
$63,375
Program service revenue
$1,196,671
Investment income
$39,141
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$310,153
Other salaries and wages
$391,877
Salaries, compensation and benefits (total)
$871,065
Professional fundraising fees
$0
Program services (functional)
$718,796
Management and general (functional)
$201,823
Fundraising (functional)
$38,580

Balance sheet and other

Total assets, start of year
$1,009,663
Total assets, end of year
$1,527,651
Total liabilities, end of year
$0
Net assets, end of year
$1,527,651
Net assets without donor restrictions
$1,527,651
Gross receipts
$1,477,187
Employees
12
Year formed
2022
State of legal domicile
PA

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 / weekCompensation
TERESA OOMSPRESIDENT
Officer, Key employee, Highest-paid employee
40$207,292
JILL AVERY STOSSCHIEF OPERATING OFFICER
Key employee
40$102,861
CHARLES KASKOCHAIR
Trustee or director, Officer
6$0
ALANA ROBERTSVICE CHAIR
Trustee or director, Officer
2$0
WILLIAM SORDONISECRETARY TREASURER
Trustee or director, Officer
2$0
ROB LUCIANIDIRECTOR
Trustee or director
1$0
ROBERT KORJESKIDIRECTOR
Trustee or director
1$0
KATIE PITTELLI EDDIRECTOR
Trustee or director
1$0
DON BROMINSKIDIRECTOR
Trustee or director
1$0
PAUL RUSHTONDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
TERESA OOMSPRESIDENT
Officer, Key employee, Highest-paid employee
40$186,702
CHARLES KASKOCHAIR
Trustee or director, Officer
6$0
ALANA ROBERTSVICE CHAIR
Trustee or director, Officer
2$0
WILLIAM SORDONISECRETARY TREASURER
Trustee or director, Officer
2$0
ROB LUCIANIDIRECTOR
Trustee or director
1$0
ROBERT KORJESKIDIRECTOR
Trustee or director
1$0
GREG CANTDIRECTOR
Trustee or director
1$0
DON BROMINSKIDIRECTOR
Trustee or director
1$0
PAUL RUSHTONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
169 N PENNSYLVANIA AVE, WILKES BARRE, PA 18701-3603
In care of
% TERESA OOMS
Principal officer (990 for 2024)
TERESA OOMS, 169 NORTH PENNSYLVANIA AVE, WILKES BARRE, PA 18702
Signed the 990
TERESA OOMS, PRESIDENT
Phone
(570) 408-9851
Return prepared by
KMLA Group PC

Mission

COMMUNITY BASED RESEARCH MADE AVAILABLE TO COMMUNITIES AND ORGANIZATIONS NEEDING RELIABLE, OBJECTIVE DATA, RESEARCH AND BEST PRACTICES TO MAKE INFORMED DECISIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY BASED RESEARCH MADE AVAILABLE TO COMMUNITIES AND ORGANIZATIONS NEEDING RELIABLE, OBJECTIVE DATA, RESEARCH AND BEST PRACTICES TO MAKE INFORMED DECISIONS. THESE INCLUDE THE ANNUAL INDICATORS PROJECT, QUARTERLY ECONOMIC TRACKER, COLLEGE STUDENT POLLING, POLICY TRACKER, AND SUBJECT MATTER RESEARCH IN HOUSING, JOBS AND ECONOMY, EDUCATION AND WORKFORCE, HEALTH AND HEALTHCARE, ENERGY, PUBLIC SAFETY AND PLANNING, LAND USE, TRANSPORTATION AND INFRASTRUCTURE.
    Expenses $718,796

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
87-4287656
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P05)
Assets (IRS master file)
$1,527,651
Income (IRS master file)
$1,477,187

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,477,187$959,199$1,527,651XML
990December 2023$1,053,688$774,912$1,009,663XML
990December 2022–––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 87-4287656).

Questions about THE INSTITUTE

What is the EIN of THE INSTITUTE?
The employer identification number (EIN) of THE INSTITUTE is 87-4287656.
Is THE INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to THE INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE INSTITUTE 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 THE INSTITUTE 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 INSTITUTE 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 THE INSTITUTE?
The 990 for the year ended December 31, 2024 names TERESA OOMS.
Who are the officers and directors of THE INSTITUTE?
The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $207,292 (TERESA OOMS, PRESIDENT).
How much revenue does THE INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,477,187, expenses of $959,199 and total assets of $1,527,651 at year end.

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