Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 23-2738045

WHITE HORSE VILLAGE ENDOWMENT FUND INC

Tax-exempt · NEWTOWN SQUARE, PA 19073

Financials

$1.2M$457K2023$1M$510K2024
Revenue Expenses · by fiscal year end
Financials of WHITE HORSE VILLAGE ENDOWMENT FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,007,591$509,652$497,939$6,986,698$571,868$6,414,830
December 31, 2023990$1,193,384$456,754$736,630$6,177,882$431,601$5,746,281
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$463,834
Program service revenue
$0
Investment income
$543,757
Net gain from sales of assets
$405,360
Other revenue
$0

Expenses

Grants and similar amounts paid
$489,313
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$15,508
Program services (functional)
$509,652

Balance sheet and other

Total assets, start of year
$6,177,882
Total assets, end of year
$6,986,698
Total liabilities, end of year
$571,868
Net assets, end of year
$6,414,830
Publicly traded securities
$6,524,286
Net assets without donor restrictions
$5,823,653
Net assets with donor restrictions
$591,177
Gross receipts
$1,109,329
Employees
0
Volunteers
8
Year formed
1993
State of legal domicile
PA

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 / weekCompensationFrom related orgsOther / benefits
MICHAEL JOSEPH SHAWPRESIDENT/CEO
Officer
2$13,972$265,464$29,234
SUSAN ABTOUCHEEXECUTIVE DIRECTOR
Officer
16$72,705$109,057$43,015
TACI DAMSTEDTSENIOR DIRECTOR OF FINANCE
Officer
4$17,270$155,421$48,928
LEONARD WEISERFORMER PRESIDENT/CEO
Former
0$0$158,737$0
FRED BILLUPSPRESIDENT/CHAIR
Trustee or director, Officer
1$0$0$0
ROBERT J BRUCE - UNTIL 042024PAST PRESIDENT/CHAIR
Trustee or director, Officer
1$0$0$0
MARY LOU MCLAUGHLINVICE CHAIR
Trustee or director, Officer
1$0$0$0
URSULA SIEBENEICHTRUSTEE
Trustee or director
1$0$0$0
MICHAEL HAMMONDTRUSTEE
Trustee or director
1$0$0$0
STEPHANIE CORYTRUSTEE
Trustee or director
1$0$0$0
GEORGE HUANGTRUSTEE
Trustee or director
1$0$0$0
STEVEN VIDEONTRUSTEE
Trustee or director
1$0$0$0
NORMAN LEDWINTRUSTEE TO APRIL 2024
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LEONARD WEISERPRESIDENT/CEO (UNTIL 06/23)
Officer
2$21,470$336,349$34,269
SUSAN ABTOUCHEEXECUTIVE DIRECTOR
Officer
16$57,831$76,661$57,800
MARK WASSERMANVP OF FINANCE & CFO (UNTIL 04/23)
Officer
4$1,020$100,937$15,750
KATHLEEN AFKHAMI-ARDEKANIPRESIDENT/CEO (FROM 07/23 TO 11/23)
Officer
2$11,529$93,279$0
MICHAEL JOSEPH SHAWPRESIDENT/CEO (AS OF 12/23)
Officer
2$0$16,155$0
ROBERT J BRUCEPRESIDENT/CHAIR (AS OF 1/9/23)
Trustee or director, Officer
1$0$0$0
FRED BILLUPSVP/TREASURER (AS OF 1/9/23)
Trustee or director, Officer
1$0$0$0
MARY LOU MCLAUGHLINTRUSTEE
Trustee or director
1$0$0$0
NORMAN LEDWINTRUSTEE
Trustee or director
1$0$0$0
MICHAEL HAMMONDTRUSTEE
Trustee or director
1$0$0$0
GEORGE HUANGTRUSTEE
Trustee or director
1$0$0$0
BILL KENNEDYTRUSTEE (1/23 UNTIL 6/23)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
535 GRADYVILLE RD, NEWTOWN SQUARE, PA 19073-2812
Principal officer (990 for 2024)
THOMAS STRETTON, 535 GRADYVILLE RD, NEWTOWN SQUARE, PA 19073
Signed the 990
THOMAS STRETTON, PRESIDENT/CHAIR
Phone
(610) 558-5000
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

WHITE HORSE VILLAGE FOUNDATION, INC. HAS BEEN FORMED FOR THE PURPOSE OF ACCEPTING AND UTILIZING DONATIONS FOR THE BENEFIT OF THE RESIDENTS OF THE WHITE HORSE VILLAGE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE BASIC PURPOSE OF THE FOUNDATION IS TO SERVE AS AN UMBRELLA FOR RECEIVING AND ADMINISTERING ALL GIFTS DONATED TO WHITE HORSE VILLAGE.THE GIFTS ARE TO BE USED FOR THE FOUR PRINCIPAL PURPOSES DESCRIBED BELOW:- TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS IN NEED- TO PROVIDE FUNDING FOR PHYSICAL IMPROVEMENTS TO WHITE HORSE VILLAGE WHICH DIRECTLY BENEFIT THE RESIDENTS- TO PROVIDE OTHER PROGRAMS OR FUNDING FOR THE HEALTH, EDUCATION AND WELFARE OF RESIDENTS.- TO PROVIDE ASSISTANCE FOR TEAM MEMBERS TO FURTHER THEIR EDUCATION AND TO THANK DEDICATED TEAM MEMBERS.
    Expenses $509,652 · grants $489,313

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
23-2738045
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,986,698
Income (IRS master file)
$1,109,329

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,007,591$509,652$6,986,698XML
990December 2023$1,193,384$456,754$6,177,882XML
990December 2022$587,289$512,678$5,101,002IRS
990December 2021–––IRS
990December 2020–––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 23-2738045).

Questions about WHITE HORSE VILLAGE ENDOWMENT FUND INC

What is the EIN of WHITE HORSE VILLAGE ENDOWMENT FUND INC?
The employer identification number (EIN) of WHITE HORSE VILLAGE ENDOWMENT FUND INC is 23-2738045.
Is WHITE HORSE VILLAGE ENDOWMENT FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to WHITE HORSE VILLAGE ENDOWMENT FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does WHITE HORSE VILLAGE ENDOWMENT FUND INC 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 WHITE HORSE VILLAGE ENDOWMENT FUND INC 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 WHITE HORSE VILLAGE ENDOWMENT FUND INC 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 WHITE HORSE VILLAGE ENDOWMENT FUND INC?
The 990 for the year ended December 31, 2024 names THOMAS STRETTON.
Who are the officers and directors of WHITE HORSE VILLAGE ENDOWMENT FUND INC?
The 990 for the year ended December 31, 2024 lists 13 people; 3 received compensation from the organization, the highest $13,972 (MICHAEL JOSEPH SHAW, PRESIDENT/CEO).
How much revenue does WHITE HORSE VILLAGE ENDOWMENT FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,007,591, expenses of $509,652 and total assets of $6,986,698 at year end.

Other nonprofits in NEWTOWN SQUARE

All nonprofits in NEWTOWN SQUARE · Pennsylvania