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Lois J Macaluso Charitable Foundation

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: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$233k (2024)

Expenses
$114k (2024)

Total Assets
$1.06M (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

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$232,920
Expenses
$113,786
Net Income
$119,134
Net Assets
$1,061,171
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $33,550
14.4%
Sales of Assets $199,319
85.6%
Other Income $51
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $98,848
86.9%
Compensation of Officers* $24,797
21.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,061,171
Total Liabilities $0
Net Assets $1,061,171
Compensation
Key Employees and Officers Compensation Other
Huntington National Bank (Trustee) $24,797 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$136,833
Expenses
$96,179
Net Income
$40,654
Net Assets
$932,531
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $30,452
22.3%
Sales of Assets $106,381
77.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $84,749
88.1%
Compensation of Officers* $20,998
21.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $932,531
Total Liabilities $0
Net Assets $932,531
Compensation
Key Employees and Officers Compensation Other
Huntington National Bank (Trustee) $20,998 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$91,126
Expenses
$88,165
Net Income
$2,961
Net Assets
$876,322
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,891
29.5%
Sales of Assets $63,110
69.3%
Other Income $1,125
1.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $75,439
85.6%
Compensation of Officers* $21,377
24.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $876,322
Total Liabilities $0
Net Assets $876,322
Compensation
Key Employees and Officers Compensation Other
Huntington National Bank (Trustee) $21,377 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$111,410
Expenses
$83,959
Net Income
$27,451
Net Assets
$877,474
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $25,510
22.9%
Sales of Assets $85,900
77.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $72,881
86.8%
Compensation of Officers* $22,004
26.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $877,474
Total Liabilities $0
Net Assets $877,474
Compensation
Key Employees and Officers Compensation Other
Huntington National Bank (Trustee) $22,004 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$77,133
Expenses
$92,519
Net Income
-$15,386
Net Assets
$849,586
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,430
34.3%
Sales of Assets $50,703
65.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $81,150
87.7%
Compensation of Officers* $18,299
19.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $849,587
Total Liabilities $1
Net Assets $849,586
Compensation
Key Employees and Officers Compensation Other
Huntington National Bank (Trustee) $18,299 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$103,852
Expenses
$52,640
Net Income
$51,212
Net Assets
$864,116
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,958
26.9%
Sales of Assets $75,894
73.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $40,894
77.7%
Compensation of Officers* $17,238
32.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $864,117
Total Liabilities $1
Net Assets $864,116
Compensation
Key Employees and Officers Compensation Other
Huntington National Bank (Trustee) $17,238 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$92,615
Expenses
$81,805
Net Income
$10,810
Net Assets
$811,088
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,965
29.1%
Sales of Assets $65,364
70.6%
Other Income $286
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $72,084
88.1%
Compensation of Officers* $17,119
20.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $811,088
Total Liabilities $0
Net Assets $811,088
Compensation
Key Employees and Officers Compensation Other
Huntington National Bank (Trustee) $17,119 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$70,688
Expenses
$114,886
Net Income
-$44,198
Net Assets
$803,615
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $29,232
41.4%
Sales of Assets $41,456
58.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $105,926
92.2%
Compensation of Officers* $16,303
14.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $803,615
Total Liabilities $0
Net Assets $803,615
Compensation
Key Employees and Officers Compensation Other
Huntington National Bank (Trustee) $16,303 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$57,224
Expenses
$62,699
Net Income
-$5,475
Net Assets
$839,618
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,963
48.9%
Sales of Assets $29,261
51.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $53,959
86.1%
Compensation of Officers* $15,369
24.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $839,618
Total Liabilities $0
Net Assets $839,618
Compensation
Key Employees and Officers Compensation Other
Huntington National Bank (Trustee) $15,369 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$61,576
Expenses
$69,215
Net Income
-$7,639
Net Assets
$844,961
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $29,598
48.1%
Sales of Assets $31,978
51.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $60,810
87.9%
Compensation of Officers* $16,070
23.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $844,961
Total Liabilities $0
Net Assets $844,961
Compensation
Key Employees and Officers Compensation Other
Huntington National Bank (Trustee) $16,070 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$44,129
Expenses
$71,245
Net Income
-$27,116
Net Assets
$851,750
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $30,990
70.2%
Sales of Assets $13,139
29.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $62,827
88.2%
Compensation of Officers* $15,103
21.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $851,750
Total Liabilities $0
Net Assets $851,750

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$86,430
Expenses
$61,299
Net Income
$25,131
Net Assets
$878,799
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $24,449
28.3%
Sales of Assets $61,981
71.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $52,395
85.5%
Compensation of Officers* $13,839
22.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $878,799
Total Liabilities $0
Net Assets $878,799

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$63,722
Expenses
$48,563
Net Income
$15,159
Net Assets
$853,668
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $25,274
39.7%
Sales of Assets $38,180
59.9%
Other Income $268
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $41,443
85.3%
Compensation of Officers* $12,886
26.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $853,668
Total Liabilities $0
Net Assets $853,668

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$39,824
Expenses
$44,855
Net Income
-$5,031
Net Assets
$838,510
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $23,904
60.0%
Sales of Assets $15,920
40.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $36,330
81.0%
Compensation of Officers* $12,661
28.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $838,510
Total Liabilities $0
Net Assets $838,510

Document Links

Fiscal Year Ending Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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

What Is 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

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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