Skip to content
ProPublica Donate

Cipione Family Foundation Inc

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 / Corporate Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$167k (2024)

Expenses
$182k (2024)

Total Assets
$2.25M (2024)

Total Liabilities
$0 (2024)

Years with missing data
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
$166,500
Expenses
$181,729
Net Income
-$15,229
Net Assets
$2,253,737
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,997
2.4%
Dividends $48,675
29.2%
Sales of Assets $113,828
68.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $80,777
44.4%
Compensation of Officers* $65,754
36.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,253,737
Total Liabilities $0
Net Assets $2,253,737
Compensation
Key Employees and Officers Compensation Other
Camille Cipione (Vice President) $30,000 $29,754
Clay Cipione (President) $0 $0
Charles Cipione (Secretary) $0 $0
Kendall R Holden (Treasurer) $0 $6,000

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$8,415
Expenses
$206,139
Net Income
-$197,724
Net Assets
$2,268,966
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4,480
53.2%
Dividends $48,980
> 100%
Sales of Assets -$45,099
Other Income $54
0.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $109,130
52.9%
Compensation of Officers* $63,169
30.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,268,966
Total Liabilities $0
Net Assets $2,268,966
Compensation
Key Employees and Officers Compensation Other
Camille Cipione (Vice President) $30,000 $27,169
Clay Cipione (President) $0 $0
Charles Cipione (Secretary) $0 $0
Kendall R Holden (Treasurer) $0 $6,000

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$34,817
Expenses
$259,170
Net Income
-$293,987
Net Assets
$2,466,690
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,748
Dividends $41,100
Sales of Assets -$77,931
Other Income $266
Notable Expenses Percent of Total Expenses
Charitable Disbursements $156,125
60.2%
Compensation of Officers* $66,064
25.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,467,212
Total Liabilities $522
Net Assets $2,466,690
Compensation
Key Employees and Officers Compensation Other
Camille Cipione (Vice President) $30,000 $30,064
Clay Cipione (President) $0 $0
Charles Cipione (Secretary) $0 $0
Kendall R Holden (Treasurer) $0 $6,000

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$121,090
Expenses
$270,357
Net Income
-$149,267
Net Assets
$2,762,364
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $11,721
9.7%
Dividends $34,403
28.4%
Sales of Assets $74,879
61.8%
Other Income $87
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $153,027
56.6%
Compensation of Officers* $65,261
24.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,762,268
Total Liabilities -$96
Net Assets $2,762,364
Compensation
Key Employees and Officers Compensation Other
Camille Cipione (Vice President) $30,000 $29,261
Clay Cipione (President) $0 $0
Charles Cipione (Secretary) $0 $0
Kendall R Holden (Treasurer) $0 $6,000

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$637,351
Expenses
$247,959
Net Income
$389,392
Net Assets
$2,911,069
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $13,007
2.0%
Dividends $33,770
5.3%
Sales of Assets $586,394
92.0%
Other Income $4,180
0.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $146,509
59.1%
Compensation of Officers* $61,072
24.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,910,983
Total Liabilities -$86
Net Assets $2,911,069
Compensation
Key Employees and Officers Compensation Other
Camille Cipione (Vice President) $30,000 $25,072
Clay Cipione (President) $0 $0
Charles Cipione (Secretary) $0 $0
Kendall R Holden (Treasurer) $0 $6,000

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$221,473
Expenses
$254,898
Net Income
-$33,425
Net Assets
$2,520,881
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $108,000
48.8%
Interest Revenue $15,547
7.0%
Dividends $42,962
19.4%
Sales of Assets $53,459
24.1%
Other Income $1,505
0.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $148,131
58.1%
Compensation of Officers* $61,827
24.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,520,797
Total Liabilities -$84
Net Assets $2,520,881
Compensation
Key Employees and Officers Compensation Other
Camille Cipione (Vice President) $30,000 $25,827
Clay Cipione (President) $0 $0
Charles Cipione (Secretary) $0 $0
Kendall R Holden (Treasurer) $0 $6,000

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$317,087
Expenses
$253,479
Net Income
$63,608
Net Assets
$2,559,913
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $108,000
34.1%
Interest Revenue $15,211
4.8%
Dividends $42,774
13.5%
Sales of Assets $149,520
47.2%
Other Income $1,582
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $184,813
72.9%
Compensation of Officers* $28,231
11.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,559,913
Total Liabilities $0
Net Assets $2,559,913
Compensation
Key Employees and Officers Compensation Other
Clay Cipione (President) $0 $0
Camille Cipione (Vice President) $0 $23,731
Charles Cipione (Secretary) $0 $0
Kendall R Holden (Treasurer) $0 $4,500

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$191,635
Expenses
$196,321
Net Income
-$4,686
Net Assets
$2,447,499
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $108,000
56.4%
Interest Revenue $20,578
10.7%
Dividends $44,564
23.3%
Sales of Assets $18,493
9.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $165,414
84.3%
Compensation of Officers* $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 $2,447,499
Total Liabilities $0
Net Assets $2,447,499
Compensation
Key Employees and Officers Compensation Other
Clay Cipione (President) $0 $0
Camille Cipione (Vice President) $0 $0
Charles Cipione (Secretary) $0 $0
Kendall R Holden (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

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.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$203,220
Expenses
$213,110
Net Income
-$9,890
Net Assets
$2,563,615
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $108,000
53.1%
Interest Revenue $0
Dividends $56,595
27.8%
Sales of Assets $38,185
18.8%
Other Income $440
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $177,732
83.4%
Compensation of Officers* $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 $2,563,615
Total Liabilities $0
Net Assets $2,563,615

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$190,322
Expenses
$202,118
Net Income
-$11,796
Net Assets
$2,574,463
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $56,624
29.8%
Sales of Assets $133,665
70.2%
Other Income $33
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $172,299
85.2%
Compensation of Officers* $30,000
14.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,574,463
Total Liabilities $0
Net Assets $2,574,463

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$302,094
Expenses
$186,254
Net Income
$115,840
Net Assets
$2,489,940
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $108,000
35.8%
Interest Revenue $16,306
5.4%
Dividends $33,773
11.2%
Sales of Assets $143,332
47.4%
Other Income $683
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $153,524
82.4%
Compensation of Officers* $30,000
16.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,489,942
Total Liabilities $2
Net Assets $2,489,940
Compensation
Key Employees and Officers Compensation Other
Lynette Cipione (Foundation Mana) $30,000 $0
Charles A Cipione (Secretary) $0 $0
Claymon A Cipione (President) $0 $0
Camille Cipione (Vice President) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$326,467
Expenses
$183,231
Net Income
$143,236
Net Assets
$2,374,100
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $108,000
33.1%
Interest Revenue $28,827
8.8%
Dividends $23,837
7.3%
Sales of Assets $165,526
50.7%
Other Income $277
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $150,334
82.0%
Compensation of Officers* $30,000
16.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,374,101
Total Liabilities $1
Net Assets $2,374,100

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$314,295
Expenses
$187,384
Net Income
$126,911
Net Assets
$2,230,863
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $108,000
34.4%
Interest Revenue $35,644
11.3%
Dividends $22,786
7.2%
Sales of Assets $147,511
46.9%
Other Income $354
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $159,079
84.9%
Compensation of Officers* $30,000
16.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,230,864
Total Liabilities $1
Net Assets $2,230,863

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.

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 »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • 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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us