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Nonprofit · EIN 04-3280353

SOUTHCOAST COMMUNITY FOUNDATION INC

Tax-exempt · NEW BEDFORD, MA 02740

Financials

$10.5M$10M2023$11.7M$7.5M2024
Revenue Expenses · by fiscal year end
Financials of SOUTHCOAST COMMUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,660,451$7,539,209$4,121,242$62,047,747$2,989,837$59,057,910
December 31, 2023990$10,495,771$9,952,781$542,990$56,028,716$2,530,977$53,497,739
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,962,775
of which government grants
$660,711
Program service revenue
$0
Investment income
$3,760,414
Net gain from sales of assets
$1,695,872
Net income from fundraising events
-$68,653
Other revenue
-$62,738

Expenses

Grants and similar amounts paid
$3,805,056
Compensation of officers, directors and key employees
$238,008
Other salaries and wages
$1,164,451
Salaries, compensation and benefits (total)
$1,687,254
Professional fundraising fees
$0
Legal fees
$7,790
Accounting fees
$48,966
Occupancy
$69,944
Travel
$68,283
Depreciation
$5,969
Program services (functional)
$6,441,003
Management and general (functional)
$797,603
Fundraising (functional)
$300,603

Balance sheet and other

Total assets, start of year
$56,028,716
Total assets, end of year
$62,047,747
Total liabilities, end of year
$2,989,837
Net assets, end of year
$59,057,910
Land, buildings and equipment
$13,632
Publicly traded securities
$48,410,211
Net assets without donor restrictions
$48,968,120
Net assets with donor restrictions
$10,089,790
Gross receipts
$18,066,885
Employees
16
Volunteers
65
Year formed
1995
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 / weekCompensationOther / benefits
ALISON SMARTED OF PROBABLE FUTURES
Highest-paid employee
40$225,138$35,290
MELANIE EDWARDS-TAVARESPRESIDENT AND CEO
Trustee or director, Officer
40$225,000$13,008
CHARLES HOLLEYDIR. OF FINANCE AND ADMIN
Highest-paid employee
40$117,967$34,057
TAMMY DAYTONCREATIVE DIRECTOR
Highest-paid employee
40$110,769$0
GAIL FORTESCHAIR
Trustee or director, Officer
2$0$0
JAYNE REBELLO KORNVICE CHAIR
Trustee or director, Officer
2$0$0
LINDA BODENMANNIMMEDIATE PAST CHAIR
Trustee or director, Officer
2$0$0
JONATHAN ROUNDSTREASURER
Trustee or director, Officer
2$0$0
MARIA ROSARIOCLERK
Trustee or director, Officer
2$0$0
KATE ALVESDIRECTOR
Trustee or director
2$0$0
JANET COQUILLETTEDIRECTOR
Trustee or director
2$0$0
NATHANIEL RODRIGUEZDIRECTOR
Trustee or director
2$0$0
CYNTHIA ROSEDIRECTOR
Trustee or director
2$0$0
ANNE TANGENDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
ALISON SMARTED OF PROBABLE FUTURES
Highest-paid employee
40$223,773$35,107
CHARLES HOLLEYDIR. OF FINANCE AND ADMIN
Highest-paid employee
40$106,134$32,827
TAMMY DAYTONCREATIVE DIRECTOR
Highest-paid employee
40$120,000$0
PATRICIA GRIMEDIRECTOR OF PHILANTHROPY
Highest-paid employee
40$102,230$0
LEONARD LEEPRESIDENT AND CEO (UNTIL 01/23)
Trustee or director, Officer
40$75,142$4,376
MELANIE EDWARDS-TAVARESPRESIDENT AND CEO (FROM 9/2023)
Trustee or director, Officer
40$69,092$1,932
GAIL FORTESCHAIR
Trustee or director, Officer
2$0$0
JAYNE REBELLO KORNVICE CHAIR
Trustee or director, Officer
2$0$0
LINDA BODENMANNIMMEDIATE PAST CHAIR
Trustee or director, Officer
2$0$0
JONATHAN ROUNDSTREASURER
Trustee or director, Officer
2$0$0
CARL J CRUZCLERK (UNTIL 6/23)
Trustee or director, Officer
2$0$0
MARIA ROSARIOCLERK (FROM 6/23)
Trustee or director, Officer
2$0$0
KATE ALVESDIRECTOR (FROM 6/23)
Trustee or director
2$0$0
JANET COQUILLETTEDIRECTOR (FROM 6/23)
Trustee or director
2$0$0
NATHANIEL RODRIGUEZDIRECTOR (FROM 6/23)
Trustee or director
2$0$0
CYNTHIA ROSEDIRECTOR
Trustee or director
2$0$0
ANNE TANGENDIRECTOR (FROM 6/23)
Trustee or director
2$0$0
TRISH ARNOLDDIRECTOR (UNTIL 6/23)
Trustee or director
2$0$0
PRISCILLA DITCHFIELDDIRECTOR (UNTIL 6/23)
Trustee or director
2$0$0
DAMON CHAPLINDIRECTOR (UNTIL 6/23)
Trustee or director
2$0$0
DENISE M PORCHEDIRECTOR (UNTIL 6/23)
Trustee or director
2$0$0
JEFFREY PAGLIUCADIRECTOR (UNTIL 9/23)
Trustee or director
2$0$0
LOUIS E SOUSADIRECTOR (UNTIL 6/23)
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
350 UNION ST, NEW BEDFORD, MA 02740-3664
In care of
% ANNE BEAULIEU
Principal officer (990 for 2024)
DR MELANIE EDWARDS-TAVAR, 350 UNION STREET, NEW BEDFORD, MA 02740
Signed the 990
DR MELANIE EDWARDS-TAVARES, PRESIDENT & CEO
Phone
(774) 438-4319
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

UNITING PEOPLE, ORGANIZATIONS, AND RESOURCES TO STRENGTHEN OUR COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • GRANT MAKING FOR COMMUNITY NEEDS.
    Expenses $6,441,003 · grants $3,805,056

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
04-3280353
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$62,047,747
Income (IRS master file)
$18,066,885

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,660,451$7,539,209$62,047,747IRS
990December 2023$10,495,771$9,952,781$56,028,716XML
990December 2022$12,813,868$8,467,671$49,607,521IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 04-3280353).

Questions about SOUTHCOAST COMMUNITY FOUNDATION INC

What is the EIN of SOUTHCOAST COMMUNITY FOUNDATION INC?
The employer identification number (EIN) of SOUTHCOAST COMMUNITY FOUNDATION INC is 04-3280353.
Is SOUTHCOAST COMMUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to SOUTHCOAST COMMUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHCOAST COMMUNITY FOUNDATION 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 SOUTHCOAST COMMUNITY FOUNDATION 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 SOUTHCOAST COMMUNITY FOUNDATION 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 SOUTHCOAST COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names DR MELANIE EDWARDS-TAVAR.
Who are the officers and directors of SOUTHCOAST COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 14 people; 4 received compensation from the organization, the highest $225,138 (ALISON SMART, ED OF PROBABLE FUTURES).
How much revenue does SOUTHCOAST COMMUNITY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,660,451, expenses of $7,539,209 and total assets of $62,047,747 at year end.

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