Nonprofit · EIN 04-6242879
NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND
Tax-exempt · WALPOLE, MA 02081
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $17,451 | $15,194 | $2,257 | $432,913 | $0 | $432,913 |
| December 31, 2024 | 990 | $14,312 | $12,093 | $2,219 | $380,325 | $0 | $380,325 |
| December 31, 2023 | 990 | $16,703 | $11,975 | $4,728 | $359,967 | $0 | $359,967 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $17,451
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $13,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $13,000
- Management and general (functional)
- $2,194
Balance sheet and other
- Total assets, start of year
- $380,325
- Total assets, end of year
- $432,913
- Total liabilities, end of year
- $0
- Net assets, end of year
- $432,913
- Gross receipts
- $17,451
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1952
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN WETMORE | TREASURER/TRUSTEE Trustee or director, Officer | 1 | $0 |
| DON DEVEUVE | TRUSTEE Trustee or director, Officer | 1 | $0 |
| KATHY WHITNEY | TRUSTEE Trustee or director, Officer | 1 | $0 |
| CHARLES NELSON | TRUSTEE Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES DIETEL | TRUSTEE Trustee or director, Officer | 1 | $0 |
| KAREN WETMORE | TREASURER/TRUSTEE Trustee or director, Officer | 1 | $0 |
| DON DEVEUVE | TRUSTEE Trustee or director, Officer | 1 | $0 |
| KATHY WHITNEY | TRUSTEE Trustee or director, Officer | 1 | $0 |
| CHARLES NELSON | TRUSTEE Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS E SAVINO | TRUSTEE Trustee or director | 1 | $0 |
| RYAN DAMASO | TREASURER/TRUSTEE Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 85 WEST STREET F-302, WALPOLE, MA 02081-1844
- In care of
- % HEALD HOFFMEISTER
- Principal officer (990 for 2025)
- KAREN WETMORE, 85 WEST STREET, WALPOLE, MA 02081
- Signed the 990
- KAREN WETMORE, TREASURER
- Phone
- (781) 449-3919
- Return prepared by
- TREEFUL DAMASO ANICETO INC
Mission
TO AWARD COLLEGE SCHOLARSHIP DOLLARS TO SENIORS FROM NEEDHAM MASSACHUSETTS.
Program accomplishments
- TO AWARD COLLEGE SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN NEEDHAMExpenses $13,000 · grants $13,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-6242879
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $432,913
- Income (IRS master file)
- $17,451
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $17,451 | $15,194 | $432,913 | XML |
| 990 | December 2024 | $14,312 | $12,093 | $380,325 | IRS |
| 990 | December 2023 | $16,703 | $11,975 | $359,967 | XML |
| 990 | December 2022 | $13,283 | $11,963 | $325,074 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 04-6242879).
Questions about NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND
- What is the EIN of NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND?
- The employer identification number (EIN) of NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND is 04-6242879.
- Is NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2025 names KAREN WETMORE.
- Who are the officers and directors of NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does NEEDHAM ROTARY CLUB MEMORIAL SCHOLARSHIP FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $17,451, expenses of $15,194 and total assets of $432,913 at year end.
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