John R Mott Scholarship Foundation Inc

Palmyra, VA
Tax-exempt since April 1999
EIN: 16-1539046

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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.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Revenue

$49k (2024)

Expenses

$156k (2024)

Total Assets

$1.13M (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

$49,049

Expenses

$156,315

Net Income

-$107,266

Net Assets

$1,126,073

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$42,915	87.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$6,134	12.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,000	2.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,126,073
Total Liabilities	$0
Net Assets	$1,126,073

Compensation

Key Employees and Officers	Compensation	Related	Other
Maria Chiara Arella (Director)	$2,000	$0	$0
Mary Caruso (Secretary)	$2,000	$0	$0
Lou Pierro (Director)	$0	$0	$0
Michael Mirabelli (Treasurer)	$0	$0	$0
Benjamin L Palumbo (President)	$0	$0	$0
Joseph Cerrell (Director)	$0	$0	$0
Denise Deconcini (Director)	$0	$0	$0

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990

Filed on Nov. 10, 2025

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Fiscal Year Ending Dec.
2023

Revenue

$23,986

Expenses

$137,003

Net Income

-$113,017

Net Assets

$1,209,871

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$38,404	> 100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$14,418
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,000	2.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,209,871
Total Liabilities	$0
Net Assets	$1,209,871

Compensation

Key Employees and Officers	Compensation	Related	Other
Martha Hobbs (Director)	$3,000	$0	$0
Peter Caruso (Secretary)	$2,000	$0	$0
Lou Pierro (Director)	$0	$0	$0
Michael Mirabelli (Treasurer)	$0	$0	$0
Benjamin L Palumbo (President)	$0	$0	$0
Chuck Dimeglio (Director)	$0	$0	$0

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990

Filed on Nov. 13, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$110,590

Expenses

$159,150

Net Income

-$48,560

Net Assets

$1,214,057

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$50,473	45.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$60,117	54.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$12,000	7.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,214,057
Total Liabilities	$0
Net Assets	$1,214,057

Compensation

Key Employees and Officers	Compensation	Related	Other
Martha Hobbs (Director)	$6,000	$0	$0
Chuck Dimeglio (Director)	$2,000	$0	$0
Peter Caruso (Secretary)	$2,000	$0	$0
Lou Pierro (Director)	$0	$0	$0
Michael Mirabelli (Treasurer)	$0	$0	$0
Benjamin L Palumbo (President)	$0	$0	$0

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990

Filed on Nov. 14, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$128,657

Expenses

$165,500

Net Income

-$36,843

Net Assets

$1,599,896

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$51,497	40.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$77,160	60.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$10,000	6.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,599,896
Total Liabilities	$0
Net Assets	$1,599,896

Compensation

Key Employees and Officers	Compensation	Related	Other
Martha Hobbs (Director)	$6,000	$0	$0
Chuck Dimeglio (Director)	$2,000	$0	$0
Peter Caruso (Secretary)	$2,000	$0	$0
Lou Pierro (Director)	$0	$0	$0
Michael Mirabelli (Treasurer)	$0	$0	$0
Benjamin L Palumbo (President)	$0	$0	$0

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990

Filed on Nov. 15, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$276,078

Expenses

$81,319

Net Income

$194,759

Net Assets

$1,681,551

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$40,671	14.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$235,407	85.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$10,000	12.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,681,551
Total Liabilities	$0
Net Assets	$1,681,551

Compensation

Key Employees and Officers	Compensation	Related	Other
Martha Hobbs (Director)	$6,000	$0	$0
Chuck Dimeglio (Director)	$2,000	$0	$0
Peter Caruso (Secretary)	$2,000	$0	$0
Lou Pierro (Director)	$0	$0	$0
Michael Mirabelli (Treasurer)	$0	$0	$0
Benjamin L Palumbo (President)	$0	$0	$0

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990

Filed on Feb. 16, 2022

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Fiscal Year Ending Dec.
2019

Revenue

$109,836

Expenses

$187,209

Net Income

-$77,373

Net Assets

$1,744,516

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$38,253	34.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$71,583	65.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$11,002	5.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,744,516
Total Liabilities	$0
Net Assets	$1,744,516

Compensation

Key Employees and Officers	Compensation	Related	Other
Martha Hobbs (Director)	$6,002	$0	$0
Chuck Dimeglio (Director)	$2,500	$0	$0
Peter Caruso (Secretary)	$2,000	$0	$0
Benjamin L Palumbo (President)	$500	$0	$0
Lou Pierro (Director)	$0	$0	$0
Michael Mirabelli (Treasurer)	$0	$0	$0

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990

Filed on Nov. 11, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$168,632

Expenses

$257,609

Net Income

-$88,977

Net Assets

$1,599,812

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$61,788	36.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$106,844	63.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$8,000	3.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,599,812
Total Liabilities	$0
Net Assets	$1,599,812

Compensation

Key Employees and Officers	Compensation	Related	Other
Paolo Janni (Director)	$2,000	$0	$0
Martha Hobbs (Director)	$2,000	$0	$0
Benjamin L Palumbo (President)	$2,000	$0	$0
Peter Caruso (Secretary)	$2,000	$0	$0
Michael Mirabelli (Treasurer)	$0	$0	$0

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990

Filed on Nov. 15, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$232,159

Expenses

$236,250

Net Income

-$4,091

Net Assets

$1,956,104

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$64,374	27.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$167,785	72.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$8,000	3.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,956,104
Total Liabilities	$0
Net Assets	$1,956,104

Compensation

Key Employees and Officers	Compensation	Related	Other
Paolo Janni (Director)	$2,000	$0	$0
Martha Hobbs (Director)	$2,000	$0	$0
Benjamin L Palumbo (President)	$2,000	$0	$0
Peter Caruso (Secretary)	$2,000	$0	$0
Michael Mirabelli (Treasurer)	$0	$0	$0

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990

Filed on July 10, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$86,806

Expenses

$231,414

Net Income

-$144,608

Net Assets

$1,906,371

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$39,285	45.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$47,521	54.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$10,000	4.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,907,121
Total Liabilities	$750
Net Assets	$1,906,371

Compensation

Key Employees and Officers	Compensation	Related	Other
Paolo Janni (Director)	$2,000	$0	$0
Martha Hobbs (Director)	$2,000	$0	$0
Benjamin L Palumbo (Treasurer)	$2,000	$0	$0
Peter Caruso (Secretary)	$2,000	$0	$0
Sebastian Dimeglio (Director)	$2,000	$0	$0
Louis W Pierro (Director)	$0	$0	$0
Mario V Mirabelli (President)	$0	$0	$0

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990

Filed on Oct. 24, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$237,718

Expenses

$328,904

Net Income

-$91,186

Net Assets

$1,974,917

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$72,824	30.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$164,894	69.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$21,000	6.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,976,417
Total Liabilities	$1,500
Net Assets	$1,974,917

Compensation

Key Employees and Officers	Compensation	Related	Other
Paolo Janni (Director)	$3,000	$0	$0
Martha Hobbs (Director)	$3,000	$0	$0
Benjamin L Palumbo (Treasurer)	$3,000	$0	$0
Louis W Pierro (Director)	$3,000	$0	$0
Mario V Mirabelli (President)	$3,000	$0	$0
Peter Caruso (Secretary)	$3,000	$0	$0
Sebastian Dimeglio (Director)	$3,000	$0	$0

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990

Filed on Nov. 8, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$147,319

Expenses

$307,833

Net Income

-$160,514

Net Assets

$2,306,134

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$74,604	50.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$72,715	49.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$21,000	6.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,306,134
Total Liabilities	$0
Net Assets	$2,306,134

Compensation

Key Employees and Officers	Compensation	Related	Other
Paolo Janni (Director)	$3,000	$0	$0
Martha Hobbs (Director)	$3,000	$0	$0
Benjamin L Palumbo (Treasurer)	$3,000	$0	$0
Louis W Pierro (Director)	$3,000	$0	$0
Mario V Mirabelli (President)	$3,000	$0	$0
Peter Caruso (Secretary)	$3,000	$0	$0
Sebastian Dimeglio (Director)	$3,000	$0	$0

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990

Filed on Oct. 19, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$134,413

Expenses

$321,791

Net Income

-$187,378

Net Assets

$2,426,114

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$72,159	53.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$62,254	46.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$21,000	6.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,429,864
Total Liabilities	$3,750
Net Assets	$2,426,114

Compensation

Key Employees and Officers	Compensation	Related	Other
Paolo Janni (Director)	$3,000	$0	$0
Martha Hobbs (Director)	$3,000	$0	$0
Benjamin L Palumbo (Treasurer)	$3,000	$0	$0
Louis W Pierro (Director)	$3,000	$0	$0
Mario V Mirabelli (President)	$3,000	$0	$0
Peter Caruso (Secretary)	$3,000	$0	$0
Sebastian Dimeglio (Director)	$3,000	$0	$0

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990

Filed on Nov. 11, 2014

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Fiscal Year Ending Dec.
2012

Revenue

$310,160

Expenses

$362,670

Net Income

-$52,510

Net Assets

$2,334,552

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$76,273	24.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$233,887	75.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$21,000	5.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,334,552
Total Liabilities	$0
Net Assets	$2,334,552

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

-$45,199

Expenses

$289,623

Net Income

-$334,822

Net Assets

$2,387,062

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$82,817
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$128,016
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$21,000	7.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,387,062
Total Liabilities	$0
Net Assets	$2,387,062

990

Primary tax return for a nonprofit’s activities, finances, and governance

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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John R Mott Scholarship Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $49k (2024)

Expenses $156k (2024)

Total Assets $1.13M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

Revenue

$49k (2024)

Expenses

$156k (2024)

Total Assets

$1.13M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
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

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002

Fiscal Year Ending June
2001