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Nonprofit · EIN 16-6052986

VARNA COMMUNITY ASSOC

Tax-exempt · ITHACA, NY 14852

Financials

$48K$59K2024
Revenue Expenses · by fiscal year end
Financials of VARNA COMMUNITY ASSOC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$48,024$58,979-$10,955$109,387$360$109,027
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$24,342
Program service revenue
$0
Investment income
$1,046
Net income from fundraising events
-$697
Other revenue
$23,333

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$189
Occupancy
$47,772
Printing, publications and postage
$1,170
Other expenses
$9,848
Program services (functional)
$1,790

Balance sheet and other

Total assets, start of year
$104,901
Total assets, end of year
$109,387
Total liabilities, end of year
$360
Net assets, end of year
$109,027
Cash, savings and investments
$105,771
Land and buildings
$3,616
Gross receipts
$49,341

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Janet MorganChair16$0
Meghan McQuaide-ReiffVice-Chair2$0
Simon St LaurentTreasurer8$0
Mason JagerSecretary2$0

Address and contacts

Address (IRS master file)
PO BOX 4771, ITHACA, NY 14852-4771
Signed the 990-EZ
Simon StLaurent, Treasurer
Phone
(607) 272-2658

Mission

Charitable and educational purposes including community service activities, intergenerational and childcare activities, and providing a central community meeting hall.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Community Service Activities - 365 days, 2000 people served - Mutual Aid Food Cabinet, little library, and community newsletter
    Expenses $1,250 · grants $1,250
  • Intergenerational Activities (10 days, 20 people served) - Meals
    Expenses $540
  • Community Meeting Hall (20 days, 350 people served) - Meeting space for government,committees, and other non-profit organizations. Tompkins County and Ithaca City Schools polling site.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
16-6052986
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
2000
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$109,387
Income (IRS master file)
$49,341

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024–––IRS
990-EZDecember 2023$32,535$33,036$104,901IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about VARNA COMMUNITY ASSOC

What is the EIN of VARNA COMMUNITY ASSOC?
The employer identification number (EIN) of VARNA COMMUNITY ASSOC is 16-6052986.
Is VARNA COMMUNITY ASSOC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to VARNA COMMUNITY ASSOC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VARNA COMMUNITY ASSOC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of VARNA COMMUNITY ASSOC 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 VARNA COMMUNITY ASSOC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of VARNA COMMUNITY ASSOC?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does VARNA COMMUNITY ASSOC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $48,024, expenses of $58,979 and total assets of $109,387 at year end.

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