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Demeter Holdings Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$735k (2023)

Expenses
$63k (2023)

Total Assets
$165M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$735,292
Expenses
$62,971
Net Income
$672,321
Net Assets
$164,879,349
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $788,228
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$52,936
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $164,879,349
Total Liabilities $0
Net Assets $164,879,349
Compensation
Key Employees and Officers Compensation Related Other
Kathryn I Murtagh (Director & Secretary) $0 $2,252,121 $46,222
Nirmal P Narvekar (Director & President) $0 $9,602,531 $65,735
Sanjeev Daga (Director & Treasurer) $0 $3,915,776 $67,097

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$2,616,127
Expenses
$6,226
Net Income
-$2,622,353
Net Assets
$151,928,852
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income -$672,299
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,943,828
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $151,928,852
Total Liabilities $0
Net Assets $151,928,852
Compensation
Key Employees and Officers Compensation Related Other
Kathryn I Murtagh (Director & Secretary) $0 $2,452,214 $44,560
Nirmal P Narvekar (Director & President) $0 $8,749,717 $1,728,098
Sanjeev Daga (Director & Treasurer) $0 $5,521,785 $63,765

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$20,106,910
Expenses
$9,784
Net Income
-$20,116,694
Net Assets
$127,360,709
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $252,535
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$20,359,445
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $127,360,709
Total Liabilities $0
Net Assets $127,360,709
Compensation
Key Employees and Officers Compensation Related Other
Kathryn I Murtagh (Director & Secretary) $0 $2,252,656 $43,641
Nirmal P Narvekar (Director & President) $0 $1,002,336 $62,285
Sanjeev Daga (Director & Treasurer) $0 $6,020,756 $1,136,730
Kevin F Shannon (Former Treasurer) $0 $175,964 $22,272

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$3,398,841
Expenses
$55,111
Net Income
-$3,453,952
Net Assets
$102,911,828
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,097
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,399,938
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $102,912,199
Total Liabilities $371
Net Assets $102,911,828
Compensation
Key Employees and Officers Compensation Related Other
Kathryn I Murtagh (Director & Secretary) $0 $1,936,548 $42,914
Nirmal P Narvekar (Director & President) $0 $6,252,291 $61,539
Sanjeev Daga (Director & Treasurer) $0 $6,264,390 $3,590,132
Kevin F Shannon (Former Treasurer) $0 $1,100,437 $64,377
Robert A Ettl (Former Director & Treasurer) $0 $4,775,833 $64,377

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$9,719,308
Expenses
$777,783
Net Income
-$10,497,091
Net Assets
$161,977,416
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $42,567
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$9,761,875
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $161,978,141
Total Liabilities $725
Net Assets $161,977,416
Compensation
Key Employees and Officers Compensation Related Other
Nirmal P Narvekar (Director & President) $0 $7,201,795 $1,357,418
Robert A Ettl (Director & Treasurer (Until 3/14/19)) $0 $4,448,145 $62,771
Kathryn I Murtagh (Director & Secretary) $0 $1,836,048 $42,040
Sanjeev Daga (Director & Treasurer (As Of 3/14/19)) $0 $0 $0
Kevin F Shannon (Former Treasurer) $0 $1,099,992 $62,909

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$44,028,195
Expenses
$807,644
Net Income
-$44,835,839
Net Assets
$157,038,270
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $181,806
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$44,210,001
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $157,095,834
Total Liabilities $57,564
Net Assets $157,038,270
Compensation
Key Employees and Officers Compensation Related Other
Nirmal P Narvekar (Director & President) $0 $9,251,786 $3,847,338
Robert A Ettl (Director & Treasurer) $0 $5,254,276 $59,641
Kathryn I Murtagh (Director & Secretary) $0 $1,651,050 $40,440
Kevin F Shannon (Assistant Treasurer) $0 $972,828 $59,779

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$6,264,950
Expenses
$1,171,549
Net Income
-$7,436,499
Net Assets
$216,583,799
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $18,932,066
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$25,197,016
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $216,868,350
Total Liabilities $284,551
Net Assets $216,583,799
Compensation
Key Employees and Officers Compensation Related Other
Nirmal P Narvekar (Director & President (See Sch O)) $0 $57,746 $913,985
Stephen J Blyth (Director & President (See Sch O)) $0 $6,759,158 $41,778
Robert A Ettl (Director & Treasurer (See Sch O)) $0 $4,299,220 $57,059
Kathryn I Murtagh (Director & Secretary (See Sch O)) $0 $1,464,116 $39,055
Kevin F Shannon (Assistant Treasurer (See Sch O)) $0 $906,805 $57,068

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$38,285,609
Expenses
$950,278
Net Income
-$39,235,887
Net Assets
$257,010,366
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income -$20,458,839
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$17,826,770
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $257,385,202
Total Liabilities $374,836
Net Assets $257,010,366
Compensation
Key Employees and Officers Compensation Related Other
Stephen J Blyth (Director & President) $0 $14,835,934 $52,350
Robert A Ettl (Director & Treasurer) $0 $4,697,050 $55,067
Kathryn I Murtagh (Director & Clerk) $0 $1,284,937 $37,911

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,105,836
Expenses
$6,212,775
Net Income
$23,893,061
Net Assets
$271,731,796
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income -$439,127
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $30,544,963
> 100%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $278,433,748
Total Liabilities $6,701,952
Net Assets $271,731,796
Compensation
Key Employees and Officers Compensation Related Other
Stephen J Blyth (Director & President(as Of 1/1/15)) $0 $8,292,315 $53,791
Jane L Mendillo (Director & President(until 12/31/14)) $0 $13,757,369 $55,282
Robert A Ettl (Director & Treasurer) $0 $4,389,924 $54,933
Kathryn I Murtagh (Director & Clerk) $0 $980,618 $37,615

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,972,553
Expenses
$1,774,783
Net Income
$8,197,770
Net Assets
$324,551,350
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $62,523
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,910,030
99.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $324,551,350
Total Liabilities $0
Net Assets $324,551,350
Compensation
Key Employees and Officers Compensation Related Other
Jane L Mendillo (Director & President) $0 $9,497,390 $62,547
Robert A Ettl (Director & Treasurer) $0 $4,009,729 $56,337
Kathryn I Murtagh (Director & Clerk) $0 $968,766 $36,744

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,533,757
Expenses
$1,215,565
Net Income
$23,318,192
Net Assets
$338,418,935
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $303
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $24,533,454
100.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $338,692,486
Total Liabilities $273,551
Net Assets $338,418,935

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,714,793
Expenses
$1,403,531
Net Income
$8,311,262
Net Assets
$321,458,427
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $478
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,714,315
100.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $321,499,955
Total Liabilities $41,528
Net Assets $321,458,427

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,027
Expenses
$1,444,982
Net Income
-$1,422,955
Net Assets
$287,999,687
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,065
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $20,962
95.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $288,279,260
Total Liabilities $279,573
Net Assets $287,999,687

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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