Josephine Cartolano And Maria Palagonia Foundation Inc
- Assets
- $599.5k
- Revenue
- -$3.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Northport, NY
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-4114276
Organization Overview
Josephine Cartolano And Maria Palagonia Foundation Inc is located in Northport, NY. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Josephine Cartolano And Maria Palagonia Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Cartolano President | 0 | $0 | |
Steven Raffaele ESQ Treasurer | 0 | $0 | |
Margaret Cartolano Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $260 |
| Dividends & Interest | $7,050 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,355 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$3,045 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $200 |
| Contributions, gifts, grants paid | $42,299 |
| Total expenses and disbursements | $42,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $599,505 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $599,505 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Josephine Cartolano And Maria Palagonia Foundation Inc has awarded $42,299 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST JUDES CHILDRENS HOSPITAL PURPOSE: CHILDRENS CANCER TREATMENT | $40,000 |
ST PHILIP NERI CHURCH PURPOSE: PROGRAM FOR CHALLENGED CHILDREN | $2,299 |
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