Paine Castle INC

Not tax-deductible

Troy, NYMutual-benefit / member-servingMutual/Membership EIN 14-1470577Revenue $158K in FY2025

On file with the IRSpainecastle.com49 2nd St, 12180-3928 · Troy, NYTax-exempt since Oct 2017

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To maintain ownership of the historic Paine Mansion at 49 2nd Street in Troy NY.

Run by 17 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $2K a year · 2% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$158K
+56% vs prior year
Spent
$136K
To programs
0%
Net assets
$421K
By yearFY2020–FY2025
Revenue
$158K
FY2025▲ +56%
Tap a bar for its year
Revenue by fiscal year
FY2020$31K
FY2021$58K
FY2022$65K
FY2023$65K
FY2024$102K
FY2025$158K
Expenses
$136K
FY2025▲ +181%
Tap a bar for its year
Expenses by fiscal year
FY2020$49K
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024Not on file
FY2025$136K
Net assets
$421K
FY2025▲ +735%
Tap a bar for its year
Net assets by fiscal year
FY2020$12K
FY2021−$2K
FY2022−$21K
FY2023−$13K
FY2024$50K
FY2025$421K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Exemption reinstated (2015-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Oct 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President / Facilities Manager
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Paine Castle INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Programs and updates

Preserves the historic Paine Mansion at 49 2nd Street in Troy, NY.

Questions for Paine Castle INC

Tap to ask. Paine Castle INC sees how many people are interested.

Your first name shows with your question. Paine Castle INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $49K · in their own filed words · FY2020
01

Property maintance and repairs, including upgrades to fire detection system, repairs to the roof, and haul-off of garbage; Paid for yearly property and liability insurance; Consulted with professionals to reduce property assessment value; Paid electric and heating bills; Consulted with professionals to change zoning classification…

$49Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$158K
Ln 12
Other incomeLn 4–11$138K
Gifts and grantsLn 1h$20K
Money outPt IX
$136K
Ln 25
Owns and owesPt X
$421K
net assets · Ln 32
Total assetsLn 16$421K
LiabilitiesLn 26$0
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$20K
Other incomeLn 4–11$138K
Total revenueLn 12$158K
Assets in detailPt X, end of year
Total assetsLn 16$421K
LiabilitiesLn 26$0
Net assetsLn 32$421K
OperationsPt I, VI
EmployeesI 50
VolunteersI 617
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $158K$136K$22K$421K 990 PDF
FY2024 $102K$50K 990 PDF
FY2023 $65K−$13K 990 PDF
FY2022 $65K−$21K 990 PDF
FY2021 $58K−$2K 990 PDF
FY2020 $31K$49K−$17K$12K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.