Form 990 for tax year 2025
Filed by CONSORTIUM FOR EXECUTIVE OBJECTIVES.
Totals
- Total revenue
- $200,748
- Total expenses
- $207,814
- Contributions and grants received
- $268,340
- Grants paid
- $75,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$67,592
- Total assets, end of year
- $122,478
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $122,478
- Program services expenses (Part IX)
- $207,814
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $207,814
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$131,700
-
1c · Fundraising events
$129,390
-
1f · All other contributions, gifts and grants
$7,250
-
8a · Fundraising events: gross income
$29,540
-
8a · Fundraising events: contributions included on line 1c
$129,390
-
8b · Fundraising events: direct expenses
$97,132
-
8c · Net income from fundraising events
total -$67,592 · unrelated business $0 · excluded -$67,592
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $75,000 · program services $75,000
-
5 · Compensation of officers, directors and key employees
total $36,500 · program services $36,500 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $570 · program services $570 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $2,173 · program services $2,173 · management and general $0 · fundraising $0
-
13 · Office expenses
total $2,003 · program services $2,003 · management and general $0 · fundraising $0
-
16 · Occupancy
total $4,900 · program services $4,900 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $73,076 · program services $73,076 · management and general $0 · fundraising $0
-
23 · Insurance
total $1,893 · program services $1,893 · management and general $0 · fundraising $0
-
24a · Other expenses: COMPUTER AND INTERNET
total $1,337 · program services $1,337 · management and general $0 · fundraising $0
-
24b · Other expenses: AWARDS
total $390 · program services $390 · management and general $0 · fundraising $0
-
24c · Other expenses: BOOKKEEPING SERVICES
total $9,972 · program services $9,972 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $129,544 · end of year $112,978
-
15 · Other assets
end of year $9,500
-
27 · Net assets without donor restrictions
beginning of year $129,544 · end of year $122,478
Mission and programs · 2025
Mission
TO REPRESENT LOCAL PRIVATE SECTOR EMPLOYERS FOR THE PURPOSE OF PROMOTING AND SUPPORTING THE COMMUNITY THROUGH EDUCATION, SCHOLARSHIPS AND CONTRIBUTIONS.
-
EDUCATIONAL
Expenses $207,814
As filed on the 2025 return.
Listed in Part VII
-
Sam PipitoneSAM PIPITONE
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Robert A PenzaROBERT A PENZA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
ROBERT D McCORMICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Louis N MagazzuLOUIS N MAGAZZU
EXECUTIVE DIRECTOR
- Total calculated
- $36,500
- From this org
- $36,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
-
Brett BuonadonnaBRETT BUONADONNA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
William M GruccioWILLIAM M GRUCCIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Jonathan E MangelJONATHAN E MANGEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
PATRICK W McGRORY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Arthur J Ogren JrARTHUR J OGREN JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Sal GaetanoSAL GAETANO
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Bruce RileyBRUCE RILEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Ed RothED ROTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Deborah A WallaceDEBORAH A WALLACE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
CUMBERLAND COUNTY TECHNICAL EDUCATION CENTER
$16,000
EDUCATIONAL
-
$13,000
EDUCATIONAL
-
$8,000
EDUCATIONAL
-
EDUCATIONAL
-
EDUCATIONAL
-
$6,000
FRATERNAL BENEFIT SOCIETY
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 5 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202601279349301415
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.