Nonprofit · EIN 20-3450991
BILL AND CAROL LATIMER CHARITABLE FOUNDATION
Tax-exempt · UNION CITY, TN 38261
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $29,004,151 | $12,101,550 | $16,902,601 | $177,771,513 | $0 | $177,771,513 |
| December 31, 2023 | 990-PF | $28,531,702 | $8,684,848 | $19,846,854 | $161,006,492 | $0 | $161,006,492 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,538,220
- Dividends
- $1,442,286
- Interest
- $30,182
- Net rental income
- $442,302
- Net gain from sales of assets
- $13,952,018
- Other income
- $2,599,143
Expenses
- Grants and similar amounts paid
- $10,337,017
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $12,101,550
- Excise tax on investment income
- $232,149
Balance sheet and other
- Total assets, start of year
- $161,006,492
- Total assets, end of year
- $177,771,513
- Total liabilities, end of year
- $0
- Net assets, end of year
- $177,771,513
- Fair market value of assets
- $209,004,635
- Qualifying distributions
- $12,101,550
- Net investment income
- $18,465,931
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM LATIMER III 201 WEST MAIN SUITE E, UNION CITY, TN 38261 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM LATIMER III 201 WEST MAIN SUITE E, UNION CITY, TN 38261 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 201 WEST MAIN ST E, UNION CITY, TN 38261-2131
- In care of
- % WILLIAM H LATIMER III
- Signed the 990-PF
- WILLIAM H LATIMER, TRUSTEE
- Phone
- (731) 885-2888
- Return prepared by
- HORNE LLP
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 | Not 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
- 20-3450991
- 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
- 2006
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $177,771,513
- Income (IRS master file)
- $66,842,218
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $29,004,151 | $12,101,550 | $177,771,513 | XML |
| 990-PF | December 2023 | $28,531,702 | $8,684,848 | $161,006,492 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 20-3450991).
Questions about BILL AND CAROL LATIMER CHARITABLE FOUNDATION
- What is the EIN of BILL AND CAROL LATIMER CHARITABLE FOUNDATION?
- The employer identification number (EIN) of BILL AND CAROL LATIMER CHARITABLE FOUNDATION is 20-3450991.
- Is BILL AND CAROL LATIMER CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to BILL AND CAROL LATIMER CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BILL AND CAROL LATIMER CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BILL AND CAROL LATIMER CHARITABLE FOUNDATION 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 BILL AND CAROL LATIMER CHARITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of BILL AND CAROL LATIMER CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does BILL AND CAROL LATIMER CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $29,004,151, expenses of $12,101,550 and total assets of $177,771,513 at year end.
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