Nonprofit · EIN 06-1479957
LIBERTY BANK FOUNDATION
Tax-exempt · MIDDLETOWN, CT 06457
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $7,496,759 | $3,166,621 | $4,330,138 | $46,788,869 | $649,642 | $46,139,227 |
| December 31, 2024 | 990-PF | $2,750,520 | $2,328,542 | $421,978 | $43,082,367 | $12,133 | $43,070,234 |
| December 31, 2023 | 990-PF | $10,957,205 | $1,583,330 | $9,373,875 | $40,816,789 | $934 | $40,815,855 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,038,117
- Dividends
- $1,049,344
- Net gain from sales of assets
- $5,409,298
Expenses
- Grants and similar amounts paid
- $2,790,080
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $2,343,156
- Excise tax on investment income
- $87,190
Balance sheet and other
- Total assets, start of year
- $43,082,367
- Total assets, end of year
- $46,788,869
- Total liabilities, end of year
- $649,642
- Net assets, end of year
- $46,139,227
- Fair market value of assets
- $46,788,869
- Qualifying distributions
- $2,343,156
- Net investment income
- $6,458,642
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID GLIDDEN 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | PRESIDENT AND CEO | 1.2 | $0 |
| DR ELSA NUNEZ 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| KATHY DOUCETTE 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | TREASURER | 1.2 | $0 |
| LIBERTY BANK 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | SUBSTANTIAL CONTRIBUTOR | 0 | $0 |
| MARY FABER 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | ASSISTANT SECRETARY | 1.2 | $0 |
| MINNIE SALEH 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| ROBERT PARRY 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| SUSAN MARTIN 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| TIM RYAN 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | CHAIRMAN | 1.2 | $0 |
| TORAL MAHER 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | EXECUTIVE DIRECTOR/ SECRETARY | 40 | $0 |
990-PF for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID GLIDDEN 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | PRESIDENT AND CEO | 1.2 | $0 |
| DR ELSA NUNEZ 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| KATHY DOUCETTE 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | TREASURER | 1.2 | $0 |
| LIBERTY BANK 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | SUBSTANTIAL CONTRIBUTOR | 0 | $0 |
| MARY FABER 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | ASSISTANT SECRETARY | 1.2 | $0 |
| MINNIE SALEH 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| ROBERT PARRY 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| SUSAN MARTIN 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| TIM RYAN 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | CHAIRMAN | 1.2 | $0 |
| TORAL MAHER 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | EXECUTIVE DIRECTOR/ SECRETARY | 40 | $0 |
990-PF for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID GLIDDEN 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | PRESIDENT AND CEO | 1.2 | $0 |
| DOUGLAS ANDERSON 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | CHAIRMAN | 1.2 | $0 |
| DR ELSA NUNEZ 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| FRED ERIKSON 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | OUTGOING ASSISTANT SECRETARY | 1.2 | $0 |
| KATHY DOUCETTE 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | TREASURER | 1.2 | $0 |
| MARY FABER 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | ASSISTANT SECRETARY | 1.2 | $0 |
| MINNIE SALEH 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| ROBERT PARRY 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| TIM RYAN 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | DIRECTOR | 1.2 | $0 |
| TORAL MAHER 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | SECRETARY | 40 | $0 |
| LIBERTY BANK 245 LONG HILL ROAD, MIDDLETOWN, CT 06457 | SUBSTANTIAL CONTRIBUTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 245 LONG HILL RD, MIDDLETOWN, CT 06457-4063
- In care of
- % LIBERTY TRUST COMPANY
- Signed the 990-PF
- KATHY DOUCETTE, TREASURER
- Phone
- (860) 638-2961
- Website
- WWW.LIBERTY-BANK.COM
- Return prepared by
- COHNREZNICK ADVISORY LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 06-1479957
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Employment (J32Z)
- Assets (IRS master file)
- $46,788,869
- Income (IRS master file)
- $47,337,370
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $7,496,759 | $3,166,621 | $46,788,869 | XML |
| 990-PF | December 2024 | $2,750,520 | $2,328,542 | $43,082,367 | XML |
| 990-PF | December 2023 | $10,957,205 | $1,583,330 | $40,816,789 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 06-1479957).
Questions about LIBERTY BANK FOUNDATION
- What is the EIN of LIBERTY BANK FOUNDATION?
- The employer identification number (EIN) of LIBERTY BANK FOUNDATION is 06-1479957.
- Is LIBERTY BANK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to LIBERTY BANK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LIBERTY BANK FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LIBERTY BANK FOUNDATION 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 LIBERTY BANK FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of LIBERTY BANK FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does LIBERTY BANK FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $7,496,759, expenses of $3,166,621 and total assets of $46,788,869 at year end.
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