Cambridge-Salem 481 Charities Inc
Cambridge-Salem 481 Charities Inc is a private foundation, based in Cambridge, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4K in total assets.
Key facts about Cambridge-Salem 481 Charities Inc
- EIN
- 14-1826944
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $3,614
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4K
-16.1% YoY
Revenue
$14K
+4.7% YoY
Expenses
$15K
+3.1% YoY
Under IRS private-foundation payout rules, Cambridge-Salem 481 Charities Inc reported a distributable amount of $195 for 2024 — the minimum it must pay out in qualifying distributions.
How Cambridge-Salem 481 Charities Inc gives
- In 2021 it paid out 316% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2021, annual grant giving ranged from $300 (2021) to $676 (2019). In 2021 it made 2 grants totaling $300.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,614 | $4,308 | — |
| Revenue | $13,889 | $13,270 | $7,676 |
| Expenses | $14,583 | $14,144 | $7,212 |
| Distributable Amount | $195 | $176 | $220 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 12, 2020)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Cambridge-Salem 481 Charities Inc is led by Albert Nolette, President on every filing since 2023; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Albert Nolette
President
On filings since 2023
1 hr/week
No compensation reported
Lester Losaw
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Lance A. Weng
Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (3)
- Former: Malcolm Ogden Jr. (2019–2022) — President
- Former: John Patterson (2021–2022) — Secretary
- Former: John Pattersonjr (2019–2020) — Secretary
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Cambridge-Salem 481 Charities Inc
How large is Cambridge-Salem 481 Charities Inc?
Cambridge-Salem 481 Charities Inc reported $4K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $14K.
Where does Cambridge-Salem 481 Charities Inc operate?
Cambridge-Salem 481 Charities Inc has awarded grants in New York.
How much is Cambridge-Salem 481 Charities Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cambridge-Salem 481 Charities Inc reported a distributable amount of $195 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cambridge-Salem 481 Charities Inc's EIN?
Cambridge-Salem 481 Charities Inc's EIN (Employer Identification Number) is 14-1826944. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Cambridge-Salem 481 Charities Inc by hand.
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