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Nonprofit · EIN 04-2483221

BERKSHIRE FUND INC

Tax-exempt · PITTSFIELD, MA 01202

Financials

$2.7M$3.3M2023$2.5M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of BERKSHIRE FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,510,195$2,745,430-$235,235$29,466,477$12,036,223$17,430,254
December 31, 2023990$2,688,891$3,345,445-$656,554$28,941,797$15,678,795$13,263,002
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$125,407
of which government grants
$88,740
Program service revenue
$2,218,880
Investment income
$165,908
Other revenue
$0

Expenses

Grants and similar amounts paid
$105,976
Other salaries and wages
$465,044
Salaries, compensation and benefits (total)
$465,396
Professional fundraising fees
$0
Legal fees
$12,772
Accounting fees
$64,853
Occupancy
$341,102
Depreciation
$420,691
Program services (functional)
$2,298,865
Management and general (functional)
$446,565

Balance sheet and other

Total assets, start of year
$28,941,797
Total assets, end of year
$29,466,477
Total liabilities, end of year
$12,036,223
Net assets, end of year
$17,430,254
Land, buildings and equipment
$9,463,443
Net assets without donor restrictions
$17,363,666
Net assets with donor restrictions
$66,588
Gross receipts
$2,510,195
Employees
0
Volunteers
0
Year formed
1971
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ANTHONY DOYLEPRESIDENT
Trustee or director, Officer
0$0
JOHN GRAHAM IIITREASURER
Trustee or director, Officer
0$0
CATHERINE CARCHEDICLERK
Trustee or director, Officer
0$0
CRYSTAL GARNEAUBOARD MEMBER
Trustee or director
0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
CRYSTAL GARNEAUBOARD MEMBER
Trustee or director
0$0
JOHN GRAHAM IIITreasurer
Trustee or director, Officer
0$0
ANTHONY DOYLEPresident
Trustee or director, Officer
0$0
CATHERINE CARCHEDIClerk
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 1180, PITTSFIELD, MA 01202-1180
Principal officer (990 for 2024)
ALLISON MAXFIELD, PO BOX 1180, PITTSFIELD, MA 01202
Signed the 990
ALLISON MAXFIELD, CFO
Phone
(413) 499-1630
Return prepared by
CBIZ ADVISORS LLC

Mission

PROVIDE SECOND MORTGAGES TO FIRST TIME HOMEBUYERS, REHABILITATION OF DETERIORATED HOUSING AND OPERATION OF RENTAL HOUSING FOR SINGLE PARENTS, THEIR CHILDREN AND LOW INCOME FAMILIES

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATION OF RENTAL HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES
    Expenses $2,046,831 · grants $88,740 · revenue $1,904,908
  • OPERATION OF RENTAL HOUSING FOR SINGLE PARENTS AND THEIR CHILDREN
    Expenses $234,798 · revenue $313,972
  • PROVIDE SECOND MORTGAGES TO FIRST TIME HOME BUYERS
    Expenses $17,236 · grants $17,236

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2483221
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$29,466,477
Income (IRS master file)
$2,510,195

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,510,195$2,745,430$29,466,477XML
990December 2023$2,688,891$3,345,445$28,941,797XML
990December 2022$5,007,280$2,797,868$24,837,195IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2483221).

Questions about BERKSHIRE FUND INC

What is the EIN of BERKSHIRE FUND INC?
The employer identification number (EIN) of BERKSHIRE FUND INC is 04-2483221.
Is BERKSHIRE FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to BERKSHIRE FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BERKSHIRE FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BERKSHIRE FUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BERKSHIRE FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BERKSHIRE FUND INC?
The 990 for the year ended December 31, 2024 names ALLISON MAXFIELD.
Who are the officers and directors of BERKSHIRE FUND INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does BERKSHIRE FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,510,195, expenses of $2,745,430 and total assets of $29,466,477 at year end.

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