Nonprofit · EIN 20-5582784
SALISBURY FOUNDATION FOR RESEARCH & EDUCATION
Tax-exempt · SALISBURY, NC 28144
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $439,512 | $316,914 | $122,598 | $2,506,674 | $1,615 | $2,505,059 |
| September 30, 2024 | 990 | $380,895 | $346,212 | $34,683 | $2,383,278 | $817 | $2,382,461 |
| September 30, 2023 | 990 | $553,341 | $271,497 | $281,844 | $2,393,698 | $821 | $2,392,877 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $25,000
- Program service revenue
- $343,842
- Investment income
- $70,670
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $60,120
- Salaries, compensation and benefits (total)
- $64,719
- Professional fundraising fees
- $0
- Legal fees
- $480
- Accounting fees
- $7,776
- Program services (functional)
- $299,272
- Management and general (functional)
- $17,642
Balance sheet and other
- Total assets, start of year
- $2,383,278
- Total assets, end of year
- $2,506,674
- Total liabilities, end of year
- $1,615
- Net assets, end of year
- $2,505,059
- Net assets without donor restrictions
- $2,505,059
- Gross receipts
- $439,512
- Employees
- 5
- Volunteers
- 0
- Year formed
- 2006
- State of legal domicile
- NC
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE M SAMA | EXECUTIVE DIRECTOR Key employee | 16 | $43,988 |
| ROBIN HURLEY MD | PRESIDENT Officer | 2 | $0 |
| TERRY HALES | SECRETARY/TREASURER Officer | 2 | $0 |
| RANDALL D GEHLE | MEMBER Trustee or director | 2 | $0 |
| JOHN MELTON | MEMBER Trustee or director | 2 | $0 |
| WILLARD R THOMPSON JR | VP Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE M SAMA | EXECUTIVE DIRECTOR Key employee | 16 | $47,394 |
| ROBIN HURLEY MD | PRESIDENT Officer | 2 | $0 |
| TERRY HALES | SECRETARY/TREASURER Officer | 2 | $0 |
| RANDALL D GEHLE | MEMBER Trustee or director | 2 | $0 |
| JOHN MELTON | MEMBER Trustee or director | 2 | $0 |
| WILLARD R THOMPSON JR | VP Trustee or director | 2 | $0 |
990 for the year ended September 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE M SAMA | EXECUTIVE DIRECTOR Key employee | 16 | $34,935 |
| ROBIN HURLEY MD | PRESIDENT Officer | 2 | $0 |
| TERRY HALES | SECRETARY/TREASURER Officer | 2 | $0 |
| RANDALL D GEHLE | MEMBER Trustee or director | 2 | $0 |
| JOHN MELTON | MEMBER Trustee or director | 2 | $0 |
| WILLARD R THOMPSON JR | VP Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1601 BRENNER AVE, SALISBURY, NC 28144-2515
- In care of
- % LYNN BOLICK
- Principal officer (990 for 2024)
- LAWRENCE SAMA, 1601 BRENNER AVE, SALISBURY, NC 28144
- Signed the 990
- AMY MORRIS, EXECUTIVE DIRECTOR
- Phone
- (704) 638-9000
- Return prepared by
- SCOTT SNIDER CPA PA
Mission
COMMITMENT TO GROWING THE RESEARCH PROGRAM IN ORDER TO BETTER SERVE ALL MILITARY VETERANS.
Program accomplishments
- PROVIDE RESEACH INTO VARIOUS MEDICAL AFFLICTIONS SUFFERED BY MILITARY VETERANS IN HOPE THAT A CURE BE DISCOVERED OR ALLOW THEM A BETTER QUALITY OF LIFE.Expenses $299,272 · grants $31,000 · revenue $368,842
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 20-5582784
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H99)
- Assets (IRS master file)
- $2,506,674
- Income (IRS master file)
- $439,512
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $439,512 | $316,914 | $2,506,674 | XML |
| 990 | September 2024 | $380,895 | $346,212 | $2,383,278 | XML |
| 990 | September 2023 | $553,341 | $271,497 | $2,393,698 | XML |
| 990 | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 20-5582784).
Questions about SALISBURY FOUNDATION FOR RESEARCH & EDUCATION
- What is the EIN of SALISBURY FOUNDATION FOR RESEARCH & EDUCATION?
- The employer identification number (EIN) of SALISBURY FOUNDATION FOR RESEARCH & EDUCATION is 20-5582784.
- Is SALISBURY FOUNDATION FOR RESEARCH & EDUCATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to SALISBURY FOUNDATION FOR RESEARCH & EDUCATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SALISBURY FOUNDATION FOR RESEARCH & EDUCATION 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 FOUNDATION FOR RESEARCH & EDUCATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SALISBURY FOUNDATION FOR RESEARCH & EDUCATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SALISBURY FOUNDATION FOR RESEARCH & EDUCATION?
- The 990 for the year ended September 30, 2025 names LAWRENCE SAMA.
- Who are the officers and directors of SALISBURY FOUNDATION FOR RESEARCH & EDUCATION?
- The 990 for the year ended September 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $43,988 (LAWRENCE M SAMA, EXECUTIVE DIRECTOR).
- How much revenue does SALISBURY FOUNDATION FOR RESEARCH & EDUCATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $439,512, expenses of $316,914 and total assets of $2,506,674 at year end.
Other nonprofits in SALISBURY
- FOOTPRINTS IN THE COMMUNITY EIN 27-3084723 · last filed 990-N for 2025
- CATAWBA COLLEGE EIN 56-0530251 · last filed 990 for 2025
- DAYMARK RECOVERY SERVICES INC EIN 02-0707661 · last filed 990 for 2025
- LIVINGSTONE COLLEGE EIN 56-0603922 · last filed 990 for 2025
- LUTHERAN FAMILY SERVICES IN THE CAROLINAS INC EIN 56-1286323 · last filed 990 for 2025
- PACE OF THE SOUTHERN PIEDMONT INC EIN 27-4683614 · last filed 990 for 2024
- LSA MANAGEMENT INC EIN 20-1457236 · last filed 990 for 2025
- LUTHERAN HOME-HICKORY INC EIN 20-1457341 · last filed 990 for 2025
All nonprofits in SALISBURY · North Carolina · Medical research