Howard Karagheusian Comm Corp

New York, NY
Tax-exempt since Sept. 1993
EIN: 13-6149578

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Type of Nonprofit

Designated as a 501(c)(3) 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.

Donations to this organization are tax deductible.

Revenue

$4.22M (2024)

Expenses

$3.85M (2024)

Total Assets

$30.2M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

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 Dec.
2024

Revenue

$4,223,724

Expenses

$3,850,044

Net Income

$373,680

Net Assets

$30,244,128

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$122,602	2.9%
Interest Revenue	$0
Dividends	$1,561,105	37.0%
Sales of Assets	$2,540,017	60.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,630,747	94.3%
Compensation of Officers*	$269,020	7.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$30,244,128
Total Liabilities	$0
Net Assets	$30,244,128

Compensation

Key Employees and Officers	Compensation	Other
Irina Lazarian (Managing Director)	$230,020	$8,000
Richard J Varadian (Treasurer/Secretary)	$39,000	$0
Harry S Cherken Jr Esq (President)	$0	$0
Dennis R Tarzian (Vice President)	$0	$0
Suzanne Akian (Trustee)	$0	$0
Ann Giragosian Daw (Trustee)	$0	$0
Raffi Charles Tokatlian (Trustee)	$0	$0
Haig Najarian (Trustee)	$0	$0

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990-PF

Filed on April 24, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$1,151,031

Expenses

$3,156,608

Net Income

-$2,005,577

Net Assets

$29,870,448

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,600	0.1%
Interest Revenue	$0
Dividends	$1,457,517	> 100%
Sales of Assets	-$310,020
Other Income	$1,934	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,933,240	92.9%
Compensation of Officers*	$253,000	8.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$29,870,448
Total Liabilities	$0
Net Assets	$29,870,448

Compensation

Key Employees and Officers	Compensation	Other
Irina Lazarian (Managing Director)	$210,000	$7,500
Richard J Varadian (Treasurer/Secretary)	$43,000	$0
Harry S Cherken Jr Esq (President)	$0	$0
Dennis R Tarzian (Vice President)	$0	$0
Suzanne Akian (Trustee)	$0	$0
Ann Giragosian Daw (Trustee)	$0	$0
Raffi Charles Tokatlian (Trustee)	$0	$0
Naig Najarian (Trustee)	$0	$0

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990-PF

Filed on Nov. 7, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$834,266

Expenses

$3,144,289

Net Income

-$2,310,023

Net Assets

$31,876,025

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,266	0.4%
Interest Revenue	$0
Dividends	$1,185,433	> 100%
Sales of Assets	-$354,433
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,958,016	94.1%
Compensation of Officers*	$229,000	7.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,876,025
Total Liabilities	$0
Net Assets	$31,876,025

Compensation

Key Employees and Officers	Compensation	Other
Irina Lazarian (Managing Director)	$190,000	$7,500
Richard J Varadian (Treasurer/Secretary)	$39,000	$0
Harry S Cherken Jr Esq (President)	$0	$0
Dennis R Tarzian (Vice President)	$0	$0
Suzanne Akian (Trustee)	$0	$0
Ann Giragosian Daw (Trustee)	$0	$0
Raffi Charles Tokatlian (Trustee)	$0	$0
Naig Najarian (Trustee)	$0	$0

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990-PF

Filed on Nov. 10, 2023

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$3,447,711

Expenses

$3,862,424

Net Income

-$414,713

Net Assets

$34,186,048

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,000	0.1%
Interest Revenue	$0
Dividends	$1,207,796	35.0%
Sales of Assets	$1,801,125	52.2%
Other Income	$434,790	12.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,471,898	89.9%
Compensation of Officers*	$177,000	4.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$34,186,048
Total Liabilities	$0
Net Assets	$34,186,048

Compensation

Key Employees and Officers	Compensation	Other
Irina Lazarian (Managing Direct)	$170,000	$7,000
Suzanne M Akian (Trustee)	$0	$0
H Irma Der Stepanian (Vice President)	$0	$0
Dennis R Tarzian (Trustee)	$0	$0
Richard J Varadian (Treas/Sec)	$0	$0
Harry S Cherken Jr Esq (Vice President)	$0	$0
Haig Najarian (Trustee)	$0	$0
Zaven Tachdjian (President)	$0	$0
Ann G Daw (Trustee)	$0	$0
Raffi C Tokatlian (Trustee)	$0	$0

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990-PF

Filed on Oct. 18, 2022

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Revenue

$2,389,254

Expenses

$3,990,876

Net Income

-$1,601,622

Net Assets

$34,600,761

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$41,839	1.8%
Interest Revenue	$197	0.0%
Dividends	$1,236,443	51.8%
Sales of Assets	$784,929	32.9%
Other Income	$325,846	13.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,625,860	90.9%
Compensation of Officers*	$167,000	4.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$34,600,764
Total Liabilities	$3
Net Assets	$34,600,761

Compensation

Key Employees and Officers	Compensation	Other
Irina Lazarian (Managing Direct)	$160,000	$7,000
Suzanne M Akian (Trustee)	$0	$0
H Irma Der Stepanian (Vice President)	$0	$0
Dennis R Tarzian (Trustee)	$0	$0
Richard J Varadian (Treas/Sec)	$0	$0
Harry S Cherken Jr Esq (Vice President)	$0	$0
Zaven Tachdjian (President)	$0	$0
Ann G Daw (Trustee)	$0	$0
Raffi C Tokatlian (Trustee)	$0	$0

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990-PF

Filed on Nov. 15, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$4,032,121

Expenses

$4,079,284

Net Income

-$47,163

Net Assets

$36,202,382

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,250	0.1%
Interest Revenue	$42	0.0%
Dividends	$1,518,870	37.7%
Sales of Assets	$2,421,836	60.1%
Other Income	$89,123	2.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,873,282	95.0%
Compensation of Officers*	$157,000	3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$36,202,383
Total Liabilities	$1
Net Assets	$36,202,382

Compensation

Key Employees and Officers	Compensation	Other
Irina Lazarian (Managing Direct)	$150,000	$7,000
Suzanne M Akian (Trustee)	$0	$0
H Irma Der Stepanian (Vice President)	$0	$0
Dennis R Tarzian (Trustee)	$0	$0
Richard J Varadian (Treas/Sec)	$0	$0
Harry S Cherken Jr Esq (Vice President)	$0	$0
Zaven Tachdjian (President)	$0	$0
Ann G Daw (Trustee)	$0	$0
Raffi C Tokatlian (Trustee)	$0	$0

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990-PF

Filed on Aug. 7, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$3,275,826

Expenses

$1,737,542

Net Income

$1,538,284

Net Assets

$36,249,546

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$15,350	0.5%
Interest Revenue	$17	0.0%
Dividends	$1,331,361	40.6%
Sales of Assets	$1,895,869	57.9%
Other Income	$33,229	1.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,481,822	85.3%
Compensation of Officers*	$156,780	9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$36,249,546
Total Liabilities	$0
Net Assets	$36,249,546

Compensation

Key Employees and Officers	Compensation	Other
Irina Lazarian (Managing Direct)	$141,250	$15,530
Michael Haratunian (President)	$0	$0
H Irma Der Stepanian (Vice President)	$0	$0
Dennis R Tarzian (Trustee)	$0	$0
Richard J Varadian (Treas/Sec)	$0	$0
Harry S Cherken Jr Esq (Trustee)	$0	$0
Armen K Boyajian (Trustee)	$0	$0
Hagop Shahe Jebejian (Trustee)	$0	$0
Zaven Tachdjian (Trustee)	$0	$0

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990-PF

Filed on Aug. 23, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$6,087,511

Expenses

$3,761,875

Net Income

$2,325,636

Net Assets

$34,711,262

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,815	0.1%
Interest Revenue	$61	0.0%
Dividends	$1,322,273	21.7%
Sales of Assets	$4,732,697	77.7%
Other Income	$26,665	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,476,983	92.4%
Compensation of Officers*	$175,274	4.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$34,711,262
Total Liabilities	$0
Net Assets	$34,711,262

Compensation

Key Employees and Officers	Compensation	Other
Irina Lazarian (Managing Direct)	$135,000	$16,274
Richard J Varadian (Treas/Sec)	$24,000	$0
Michael Haratunian (President)	$0	$0
H Irma Der Stepanian (Vice President)	$0	$0
Dennis R Tarzian (Trustee)	$0	$0
Harry S Cherken Jr Esq (Trustee)	$0	$0
Armen K Boyajian (Trustee)	$0	$0
Hagop Shahe Jebejian (Trustee)	$0	$0
Zaven Tachdjian (Trustee)	$0	$0

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990-PF

Filed on May 8, 2018

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$3,480,303

Expenses

$3,002,500

Net Income

$477,803

Net Assets

$32,385,626

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$64,300	1.8%
Interest Revenue	$18	0.0%
Dividends	$1,360,806	39.1%
Sales of Assets	$1,968,789	56.6%
Other Income	$86,390	2.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,748,649	91.5%
Compensation of Officers*	$174,794	5.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$32,385,626
Total Liabilities	$0
Net Assets	$32,385,626

Compensation

Key Employees and Officers	Compensation	Other
Irina Lazarian (Managing Direct)	$135,000	$15,794
Richard J Varadian (Treas/Sec)	$24,000	$0
Michael Haratunian (President)	$0	$0
H Irma Der Stepanian (Vice President)	$0	$0
Dennis R Tarzian (Trustee)	$0	$0
Harry S Cherken Jr Esq (Trustee)	$0	$0
Armen K Boyajian (Trustee)	$0	$0
Hagop Shahe Jebejian (Trustee)	$0	$0
Zaven Tachdjian (Trustee)	$0	$0

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990-PF

Filed on Aug. 2, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$3,781,118

Expenses

$2,904,766

Net Income

$876,352

Net Assets

$31,907,823

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$8,100	0.2%
Interest Revenue	$31	0.0%
Dividends	$1,332,594	35.2%
Sales of Assets	$2,269,011	60.0%
Other Income	$171,382	4.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,740,179	94.3%
Compensation of Officers*	$159,000	5.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,907,823
Total Liabilities	$0
Net Assets	$31,907,823

Compensation

Key Employees and Officers	Compensation	Other
Irina Lazarian (Managing Direct)	$135,000	$0
Richard J Varadian (Treasurer)	$24,000	$0
Michael Haratunian (President)	$0	$0
H Irma Der Stepanian (Vice President)	$0	$0
Dennis R Tarzian (Trustee)	$0	$0
Harry S Cherken Jr Esq (Trustee)	$0	$0
Armen K Boyajian (Trustee)	$0	$0
Hagop Shahe Jebejian (Trustee)	$0	$0
Zaven Tachdjian (Trustee)	$0	$0

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990-PF

Filed on June 14, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2014

Revenue

$2,280,638

Expenses

$3,396,731

Net Income

-$1,116,093

Net Assets

$31,428,105

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$148	0.0%
Dividends	$1,542,918	67.7%
Sales of Assets	$526,841	23.1%
Other Income	$210,731	9.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,231,000	95.1%
Compensation of Officers*	$109,833	3.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,428,105
Total Liabilities	$0
Net Assets	$31,428,105

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$2,156,733

Expenses

$3,532,915

Net Income

-$1,376,182

Net Assets

$32,544,198

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$128	0.0%
Dividends	$1,373,349	63.7%
Sales of Assets	$370,122	17.2%
Other Income	$413,134	19.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,333,019	94.3%
Compensation of Officers*	$11,500	0.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$32,546,882
Total Liabilities	$2,684
Net Assets	$32,544,198

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$4,266,661

Expenses

$3,163,227

Net Income

$1,103,434

Net Assets

$33,946,425

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$164	0.0%
Dividends	$1,516,357	35.5%
Sales of Assets	$2,583,804	60.6%
Other Income	$166,336	3.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,971,210	93.9%
Compensation of Officers*	$12,500	0.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$33,948,844
Total Liabilities	$2,419
Net Assets	$33,946,425

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,725,017

Expenses

$3,130,191

Net Income

-$1,405,174

Net Assets

$32,849,701

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$319	0.0%
Dividends	$1,568,309	90.9%
Sales of Assets	$20,789	1.2%
Other Income	$135,600	7.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,943,112	94.0%
Compensation of Officers*	$11,000	0.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$32,852,166
Total Liabilities	$2,465
Net Assets	$32,849,701

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.

Which Organizations Are Here?

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

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
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Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Updated June 30, 2025

Howard Karagheusian Comm Corp

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $4.22M (2024)

Expenses $3.85M (2024)

Total Assets $30.2M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Revenue

$4.22M (2024)

Expenses

$3.85M (2024)

Total Assets

$30.2M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

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2023

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2022

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2021

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2020

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2019

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2018

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2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

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2011

Fiscal Year Ending Dec.
2010

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