Nonprofit · EIN 20-3537437
CITIZENS COMMUNITY FOUNDATION INC
Tax-exempt · SOMERSET, KY 42501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $44,523 | $36,062 | $8,461 | $353,080 | $0 | $353,080 |
| December 31, 2024 | 990-PF | $27,764 | $27,900 | -$136 | $344,061 | $0 | $344,061 |
| December 31, 2023 | 990-PF | $30,436 | $24,552 | $5,884 | $346,371 | $0 | $346,371 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $37,000
- Dividends
- $7,521
- Interest
- $2
Expenses
- Grants and similar amounts paid
- $33,000
- Disbursements for charitable purposes
- $33,000
- Excise tax on investment income
- $105
Balance sheet and other
- Total assets, start of year
- $344,061
- Total assets, end of year
- $353,080
- Total liabilities, end of year
- $0
- Net assets, end of year
- $353,080
- Qualifying distributions
- $33,000
- Net investment income
- $7,523
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 |
|---|---|---|---|
| Donald Bloomer 44 Public Square, Somerset, KY 42501 | President | 0 | $0 |
| Harris Z Rakestraw III 44 Public Square, Somerset, KY 42501 | Vice President | 0 | $0 |
| Stephen D Merrick 44 Public Square, Somerset, KY 42501 | Secretary | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Donald Bloomer 44 Public Square, Somerset, KY 42501 | President | 0 | $0 |
| Harris Z Rakestraw III 44 Public Square, Somerset, KY 42501 | Vice President | 0 | $0 |
| Stephen D Merrick 44 Public Square, Somerset, KY 42501 | Secretary | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Clay Parker Davis 44 Public Square, Somerset, KY 42501 | President | 0 | $0 |
| Harris Z Rakestraw III 44 Public Square, Somerset, KY 42501 | Vice President | 0 | $0 |
| Stephen D Merrick 44 Public Square, Somerset, KY 42501 | Secretary | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 101 N MAPLE ST, SOMERSET, KY 42501-1483
- In care of
- % CLAY PARKER DAVIS
- Signed the 990-PF
- Harris Z Rakestraw III, Vice President
- Phone
- (606) 678-6601
- Return prepared by
- RANDALL D TURPIN CPA PLLC
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
- 20-3537437
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $353,080
- Income (IRS master file)
- $66,523
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $44,523 | $36,062 | $353,080 | IRS |
| 990-PF | December 2024 | $27,764 | $27,900 | $344,061 | XML |
| 990-PF | December 2023 | $30,436 | $24,552 | $346,371 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 20-3537437).
Questions about CITIZENS COMMUNITY FOUNDATION INC
- What is the EIN of CITIZENS COMMUNITY FOUNDATION INC?
- The employer identification number (EIN) of CITIZENS COMMUNITY FOUNDATION INC is 20-3537437.
- Is CITIZENS COMMUNITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to CITIZENS COMMUNITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CITIZENS COMMUNITY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CITIZENS COMMUNITY FOUNDATION INC 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 CITIZENS COMMUNITY FOUNDATION INC 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 CITIZENS COMMUNITY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CITIZENS COMMUNITY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $44,523, expenses of $36,062 and total assets of $353,080 at year end.
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