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Nonprofit · EIN 20-8187896

MARTIS FUND

Tax-exempt · TRUCKEE, CA 96162

Financials

$2.9M$3.9M2023$3.1M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of MARTIS FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,073,569$1,670,382$1,403,187$17,925,530$728,980$17,196,550
December 31, 2023990$2,896,277$3,886,379-$990,102$16,980,629$1,187,266$15,793,363
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,409,262
Investment income
$664,307
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,334,500
Compensation of officers, directors and key employees
$0
Other salaries and wages
$86,583
Salaries, compensation and benefits (total)
$110,720
Professional fundraising fees
$0
Legal fees
$48,458
Accounting fees
$59,474
Program services (functional)
$1,498,445
Management and general (functional)
$171,937

Balance sheet and other

Total assets, start of year
$16,980,629
Total assets, end of year
$17,925,530
Total liabilities, end of year
$728,980
Net assets, end of year
$17,196,550
Gross receipts
$3,073,569
Employees
1
Volunteers
6
Year formed
2006
State of legal domicile
CA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GEOFF EDELSTEINDirector
Trustee or director
2$0
MARK JOHNSONDirector
Trustee or director
2$0
TOM MURPHYDirector
Trustee or director
2$0
ALEXIS OLLARPresident
Trustee or director, Officer
2$0
MATTHEW O'GRADYVice President
Trustee or director, Officer
2$0
DAN HAASSecretary
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
TERRY CONNELYDirector
Trustee or director
2$0
TOM MURPHYDirector
Trustee or director
2$0
MATTHEW O'GRADYDirector
Trustee or director
2$0
MARK JOHNSONPresident
Officer
2$0
ALEXIS OLLARVice President
Officer
2$0
DAN HAASTreasurer
Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 10390, TRUCKEE, CA 96162-0390
In care of
% STEFANIE OLIVIERI
Principal officer (990 for 2024)
ALEXIS OLLAR, PO BOX 10390, TRUCKEE, CA 96162
Signed the 990
ALEXIS OLLAR, President
Phone
(530) 582-4943
Return prepared by
McClintock Accountancy Corp

California records

California keeps its own records of charities and corporations. Search them by EIN 20-8187896 or by the name MARTIS FUND.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE MARTIS FUND SUPPORTS PROGRAMS TO CONSERVE OPEN SPACE; MANAGE AND RESTORE HABITAT AND FOREST LANDS; AND PROMOTE OPPORTUNITIES FOR WORKFORCE HOUSING AND RELATED COMMUNITY PURPOSES IN THE MARTIS VALLEY REGION.

990 for the year ended December 31, 2024

Program accomplishments

  • THE WORKFORCE HOUSING FUND HAS IMPLEMENTED A DOWN PAYMENT ASSISTANCE PROGRAM FOR HOME PURCHASES IN THE TRUCKEE REGION AND PAYS AN ADMINISTRATIVE FEE TO SIERRA BUSINESS COUNCIL. THE FUND MADE GRANTS TO THE SIERRA COMMUNITY HOUSE FOR EMERGENCY ASSISTANCE FOR LOW INCOME FAMILIES. THE FUND ALSO MADE GRANTS ORGANIZATIONS FOR WORKFORCE HOUSING PROJECTS.
    Expenses $1,042,805 · grants $923,000
  • FOR HABITAT/FOREST RESTORATION, THE FUND MADE GRANTS TO SUPPORT FOREST MANAGEMENT AND HABITATE RESTORATION FOR ORGANIZATIONS IN THE MARTIS VALLEY, TAHOE BASIN AND SURROUNDING WATERSHED.
    Expenses $441,018 · grants $411,500
  • HISTORICALLY, THE FUND SUPPORTED THE ACQUISITION OF WADDLE RANCH BY THE TRUCKEE DONNER LAND TRUST AS A PUBLICLY ACCESSIBLE, OPEN SPACE CONSERVATION EASEMENT AND HTE FUND CONTRIBUTED TO THE ACQUISITION OF THE CANYON SPRINGS PROPERTY EAST OF TRUCKEE
    Expenses $14,622

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 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-8187896
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C12)
Assets (IRS master file)
$17,925,530
Income (IRS master file)
$3,073,569

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,073,569$1,670,382$17,925,530XML
990December 2023$2,896,277$3,886,379$16,980,629XML
990December 2022$3,328,837$1,108,212$16,881,323IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 20-8187896).

Questions about MARTIS FUND

What is the EIN of MARTIS FUND?
The employer identification number (EIN) of MARTIS FUND is 20-8187896.
Is MARTIS FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to MARTIS FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does MARTIS FUND 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 MARTIS FUND 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 MARTIS FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MARTIS FUND?
The 990 for the year ended December 31, 2024 names ALEXIS OLLAR.
Who are the officers and directors of MARTIS FUND?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does MARTIS FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,073,569, expenses of $1,670,382 and total assets of $17,925,530 at year end.

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