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Nonprofit · EIN 04-2488505

SCHWAMB MILL PRESERVATION TRUST

Tax-exempt · ARLINGTON, MA 02476

Financials

$138K$68K2023$166K$86K2024
Revenue Expenses · by fiscal year end
Financials of SCHWAMB MILL PRESERVATION TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$166,035$85,915$80,120$1,100,904$0$1,100,904
December 31, 2023990$137,633$67,599$70,034$1,020,783$0$1,020,783
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$55,429
Program service revenue
$0
Investment income
$10,190
Net rental income
$17,580
Net income from sales of inventory
$535
Other revenue
$100,416

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$27,711
Salaries, compensation and benefits (total)
$27,711
Professional fundraising fees
$0
Accounting fees
$1,963
Occupancy
$17,012
Depreciation
$14,408
Management and general (functional)
$85,915

Balance sheet and other

Total assets, start of year
$1,020,783
Total assets, end of year
$1,100,904
Total liabilities, end of year
$0
Net assets, end of year
$1,100,904
Land, buildings and equipment
$596,042
Publicly traded securities
$364,808
Net assets without donor restrictions
$1,100,904
Gross receipts
$166,670
Employees
0
Volunteers
0
Year formed
1969
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
GRACE DINGEEDIRECTOR
Trustee or director
10$0
WAYNE SCHWAMBHONORARY DIRECTOR
Trustee or director
10$0
DOREEN STEVENSDIRECTOR
Trustee or director
10$0
ELLEN COHENDIRECTOR
Trustee or director
10$0
REED SNYDERDIRECTOR
Trustee or director
10$0
ROBERT B TANNERDIRECTOR
Trustee or director
10$0
ANN M LEROYERCLERK
Trustee or director
10$0
ROSE M AUSTINDIRECTOR
Trustee or director
10$0
RICHARD A DUFFYTREASURER
Officer
10$0
JANET O'RIORDANVICE PRESIDENT
Officer
10$0
DERMOT WHITTAKERPRESIDENT
Officer
10$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
GRACE DINGEEDIRECTOR
Trustee or director
10$0
WAYNE SCHWAMBHONORARY DIRECTOR
Trustee or director
10$0
DOREEN STEVENSDIRECTOR
Trustee or director
10$0
ELLEN COHENDIRECTOR
Trustee or director
10$0
REED SNYDERDIRECTOR
Trustee or director
10$0
ROBERT B TANNERDIRECTOR
Trustee or director
10$0
ANN M LEROYERCLERK
Trustee or director
10$0
RICHARD A DUFFYTREASURER
Officer
10$0
JANET O'RIORDANVICE PRESIDENT
Officer
10$0
DERMOT WHITTAKERPRESIDENT
Officer
10$0

Address and contacts

Address (IRS master file)
17 MILL LN, ARLINGTON, MA 02476-4112
In care of
% RAYMOND D LUM
Principal officer (990 for 2024)
DERMONT WHITTAKER, 37 NEILLIAN WAY, BEDFORD, MA 01730
Signed the 990
DERMONT WHITTAKER, PRESIDENT
Phone
(781) 643-0554
Return prepared by
MEDAGLIA & CO INC

Mission

THE SCHWAMB MILL PRESERVATION TRUST INC EXISTS FOR THE PRESERVATION, MAINTENANCE, AND ENHANCEMENT OF THE OLD SCHWAMB MILL IN ARLINGTON MASSACHUSETTS.

990 for the year ended December 31, 2024

Program accomplishments

  • APPRENTICESHIP PROGRAM IN WOODWORKING & CONSERVATION FRAMING EDUCATION IN HISTORIC INDUSTRIAL PRESERVATION AND THE CARE AND MAINTENANCE OF HISTORIC MACHINERY. MILL IS OPEN FREE TO THE PUBLIC WEEKDAYS AND BY APPOINTMENT. VISITATION BY INDIVIDUALS AND GROUPS EXCEEDS 5,000 ANNUALLY APPROXIMATELY 100 DEMONSTRATIONS OF OPERATIONAL MACHINERY PERFORMED; ONE APPRENTICE INSTRUCTOR.
    Expenses $973

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
04-2488505
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,100,904
Income (IRS master file)
$166,670

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$166,035$85,915$1,100,904XML
990December 2023$137,633$67,599$1,020,783XML
990December 2022$64,009$81,628$950,749IRS
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 04-2488505).

Questions about SCHWAMB MILL PRESERVATION TRUST

What is the EIN of SCHWAMB MILL PRESERVATION TRUST?
The employer identification number (EIN) of SCHWAMB MILL PRESERVATION TRUST is 04-2488505.
Is SCHWAMB MILL PRESERVATION TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to SCHWAMB MILL PRESERVATION TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SCHWAMB MILL PRESERVATION TRUST 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 SCHWAMB MILL PRESERVATION TRUST 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 SCHWAMB MILL PRESERVATION TRUST 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 SCHWAMB MILL PRESERVATION TRUST?
The 990 for the year ended December 31, 2024 names DERMONT WHITTAKER.
Who are the officers and directors of SCHWAMB MILL PRESERVATION TRUST?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does SCHWAMB MILL PRESERVATION TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $166,035, expenses of $85,915 and total assets of $1,100,904 at year end.

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