Nonprofit · EIN 20-7135495
GENE A SALMON CHARITABLE TRUST
Also known as MAIN STREET BANK & TRUST TTEE
Tax-exempt · CHAMPAIGN, IL 61824
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $863,645 | $829,459 | $34,186 | $8,551,458 | $0 | $8,551,458 |
| December 31, 2024 | 990-PF | $2,492,136 | $767,004 | $1,725,132 | $8,473,193 | $0 | $8,473,193 |
| December 31, 2023 | 990-PF | $622,422 | $739,884 | -$117,462 | $6,789,054 | $0 | $6,789,054 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $374,705
- Net rental income
- $6,209
- Net gain from sales of assets
- $482,241
- Other income
- $99
Expenses
- Grants and similar amounts paid
- $666,115
- Compensation of officers, directors and key employees
- $126,951
- Disbursements for charitable purposes
- $666,115
- Excise tax on investment income
- $9,874
Balance sheet and other
- Total assets, start of year
- $8,473,193
- Total assets, end of year
- $8,551,458
- Total liabilities, end of year
- $0
- Net assets, end of year
- $8,551,458
- Fair market value of assets
- $14,113,440
- Qualifying distributions
- $666,115
- Net investment income
- $863,645
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 |
|---|---|---|---|
| BUSEY BANK 201 W MAIN ST, URBANA, IL 61801 | TRUSTEE | 15 | $126,951 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BUSEY BANK 201 W MAIN ST, URBANA, IL 61801 | TRUSTEE | 15 | $118,019 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BUSEY BANK 201 W MAIN ST, URBANA, IL 61801 | TRUSTEE | 15 | $104,516 |
Address and contacts
- Address (IRS master file)
- PO BOX 260, CHAMPAIGN, IL 61824-0260
- In care of
- % BUSEY BANK TEE
- Signed the 990-PF
- BUSEY BANK, Trustee
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
- 20-7135495
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $8,551,458
- Income (IRS master file)
- $2,011,305
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $863,645 | $829,459 | $8,551,458 | IRS |
| 990-PF | December 2024 | $2,492,136 | $767,004 | $8,473,193 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $622,422 | $739,884 | $6,789,054 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | 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 20-7135495).
Questions about GENE A SALMON CHARITABLE TRUST
- What is the EIN of GENE A SALMON CHARITABLE TRUST?
- The employer identification number (EIN) of GENE A SALMON CHARITABLE TRUST is 20-7135495.
- Is GENE A SALMON CHARITABLE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to GENE A SALMON CHARITABLE TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GENE A SALMON CHARITABLE TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GENE A SALMON CHARITABLE TRUST 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 GENE A SALMON CHARITABLE TRUST 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 GENE A SALMON CHARITABLE TRUST?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $126,951 (BUSEY BANK, TRUSTEE).
- How much revenue does GENE A SALMON CHARITABLE TRUST have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $863,645, expenses of $829,459 and total assets of $8,551,458 at year end.
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