Nonprofit · EIN 13-4226978
SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC
Tax-exempt · SALISBURY, MD 21804
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990 | $1,008,754 | $980,300 | $28,454 | $170,762 | $0 | $170,762 |
Financial details: 990 for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $981,545
- of which government grants
- $975,663
- Program service revenue
- $0
- Investment income
- $27,209
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $978,663
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,600
- Program services (functional)
- $978,700
- Management and general (functional)
- $1,600
Balance sheet and other
- Total assets, start of year
- $142,308
- Total assets, end of year
- $170,762
- Total liabilities, end of year
- $0
- Net assets, end of year
- $170,762
- Net assets without donor restrictions
- $163,921
- Net assets with donor restrictions
- $6,841
- Gross receipts
- $1,008,754
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2002
- State of legal domicile
- MD
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 March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARRI B TODD | CO-PRESIDENT Officer | 4 | $0 |
| STEPHANIE T WILLEY | CO-PRESIDENT Officer | 4 | $0 |
| DEBBIE BOUNDS | SECRETARY Officer | 1 | $0 |
| ALEC B FOOTE | TREASURER Officer | 2 | $0 |
| WILLIAM CHAMBERS | BOARD MEMBER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 955 MOUNT HERMON RD, SALISBURY, MD 21804-5105
- In care of
- % ALEC FOOTE
- Mailing address (990-N for 2024)
- 1820 Sweetbay Drive Suite 103, Salisbury MD 21804
- Principal officer (990 for 2025)
- ALEC B FOOTE, 955 MT HERMON ROAD, SALISBURY, MD 21804
- Principal officer (990-N for 2024)
- Philip P Wheatley, 1820 Sweetbay Drive Suite 103, Salisbury MD 21804
- Signed the 990
- ALEC B FOOTE, TREASURER
- Phone
- (443) 332-5558
- Website
- WWW.SALISBURYAREA.COM
Mission
FUNCTION TO FURTHER PROMOTION OF CIVIC DEVELOPMENT/GROWTH AROUND THE GREATER SALISBURY AREA.
Program accomplishments
- GRANT PASSTHROUGH AGREEMENTS BETWEEN THE FOUNDATION, MARYLAND DEVELOPMENT OF HOUSING AND COMMUNITY DEVELOPMENT, AND LOCAL DEVELOPERS IN THE AREA FOR DEVELOPMENT OPPROTUNITES.Expenses $975,663 · grants $975,663
- SCHOLARSHIP AWARDS TO PROVIDE ADDITIONAL EDUCATION FUNDING FOR MEMBERS AND FAMILY MEMBERS OF THE SALISBURY AREA CHAMBER OF COMMERCE.Expenses $3,000 · grants $3,000
- MISCELLANEOUS EXPENSESExpenses $37
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990 on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-N on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-N on file |
IRS record
- EIN
- 13-4226978
- 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
- 2003
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $170,762
- Income (IRS master file)
- $1,008,754
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2026 | $1,008,754 | $980,300 | $170,762 | XML |
| 990-N for 2024 Officer: Philip P Wheatley | March 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2023 Officer: Philip P Wheatley | March 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Philip Wheatley | March 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Philip Wheatley | March 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Philip Wheatley | March 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 13-4226978).
Questions about SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC
- What is the EIN of SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC?
- The employer identification number (EIN) of SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC is 13-4226978.
- Is SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SALISBURY AREA CHAMBER OF COMMERCE 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 SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2026.
- Who is the principal officer of SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC?
- The 990 for the year ended March 31, 2026 names ALEC B FOOTE.
- Who are the officers and directors of SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC?
- The 990 for the year ended March 31, 2026 lists 5 people; 0 received compensation from the organization.
- How much revenue does SALISBURY AREA CHAMBER OF COMMERCE FOUNDATION INC have?
- On its 990 for the year ended March 31, 2026 it reported revenue of $1,008,754, expenses of $980,300 and total assets of $170,762 at year end.
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- EASTERN SHORE REGIONAL LIBRARY INC EIN 52-0808240 · last filed 990 for 2025
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- WOR-WIC COMMUNITY COLLEGE FOUNDATION EIN 52-1264019 · last filed 990 for 2025