Nonprofit · EIN 23-7028768
WEBB FOUNDATION
Tax-exempt · WINTHROP HBR, IL 60096
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $457,939 | $383,858 | $74,081 | $5,460,695 | $0 | $5,460,695 |
| December 31, 2024 | 990-PF | $310,119 | $374,123 | -$64,004 | $5,386,614 | $0 | $5,386,614 |
| December 31, 2023 | 990-PF | -$115,906 | $359,754 | -$475,660 | $5,450,618 | $0 | $5,450,618 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $106,948
- Interest
- $55,966
- Net gain from sales of assets
- $295,025
Expenses
- Grants and similar amounts paid
- $317,500
- Compensation of officers, directors and key employees
- $60,500
- Disbursements for charitable purposes
- $321,441
- Excise tax on investment income
- $2,238
Balance sheet and other
- Total assets, start of year
- $5,386,614
- Total assets, end of year
- $5,460,695
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,460,695
- Fair market value of assets
- $7,986,541
- Qualifying distributions
- $321,441
- Net investment income
- $162,914
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 |
|---|---|---|---|
| LINDA BARRY 11114 LAKESHORE DRIVE, PLEASANT PRAIRIE, WI 53158 | ADMINISTRATO | 40 | $24,000 |
| GREG PREVES 1909 BLUE PINE DRIVE, CRYSTAL LAKE, IL 60012 | SECRETARY | 40 | $19,000 |
| ROBERT PREVES 1382 REDBRIDGE CT, GRAYSLAKE, IL 60030 | INVESTMENT M | 5 | $17,500 |
| DONNA S PREVES 1620 YOSEMITT PARKWAY, ALGONQUIN, IL 60102 | ADVISOR | 0.1 | $0 |
| JOHN BARRY 11114 LAKESHORE DRIVE, PLEASANT PRARIE, WI 53158 | ADVISOR | 0.1 | $0 |
| MEGHAN BARRY 11114 LAKESHORE DRIVE, PLEASANT PRAIRIE, WI 53158 | ADVISOR | 0.1 | $0 |
| JILL PREVES 4308 FARMINGTON LANE, JOHNSBURG, IL 60051 | ADVISOR | 0.1 | $0 |
| AMY PREVES 1909 BLUE PINE DRIVE, CRYSTAL LAKE, IL 60012 | ADVISOR | 0.1 | $0 |
990-PF for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA BARRY 11114 LAKESHORE DRIVE, PLEASANT PRAIRIE, WI 53158 | ADMINISTRATO | 40 | $20,100 |
| ROBERT PREVES 1382 REDBRIDGE CT, GRAYSLAKE, IL 60030 | INVESTMENT M | 5 | $16,150 |
| GREG PREVES 1909 BLUE PINE DRIVE, CRYSTAL LAKE, IL 60012 | SECRETARY | 40 | $16,150 |
| DONNA S PREVES 1620 YOSEMITT PARKWAY, ALGONQUIN, IL 60102 | ADVISOR | 0.1 | $0 |
| JOHN BARRY 11114 LAKESHORE DRIVE, PLEASANT PRARIE, WI 53158 | ADVISOR | 0.1 | $0 |
| MEGHAN BARRY 11114 LAKESHORE DRIVE, PLEASANT PRAIRIE, WI 53158 | ADVISOR | 0.1 | $0 |
| JILL PREVES 4308 FARMINGTON LANE, JOHNSBURG, IL 60051 | ADVISOR | 0.1 | $0 |
| AMY PREVES 1909 BLUE PINE DRIVE, CRYSTAL LAKE, IL 60012 | ADVISOR | 0.1 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA BARRY 11114 LAKESHORE DRIVE, PLEASANT PRAIRIE, WI 53158 | ADMINISTRATO | 40 | $18,000 |
| ROBERT PREVES 1382 REDBRIDGE CT, GRAYSLAKE, IL 60030 | INVESTMENT M | 5 | $14,400 |
| GREG PREVES 1909 BLUE PINE DRIVE, CRYSTAL LAKE, IL 60012 | SECRETARY | 40 | $14,400 |
| DONNA S PREVES 1620 YOSEMITT PARKWAY, ALGONQUIN, IL 60102 | ADVISOR | 0.1 | $0 |
| JOHN BARRY 11114 LAKESHORE DRIVE, PLEASANT PRARIE, WI 53158 | ADVISOR | 0.1 | $0 |
| MEGHAN BARRY 11114 LAKESHORE DRIVE, PLEASANT PRAIRIE, WI 53158 | ADVISOR | 0.1 | $0 |
| JILL PREVES 4308 FARMINGTON LANE, JOHNSBURG, IL 60051 | ADVISOR | 0.1 | $0 |
| AMY PREVES 1909 BLUE PINE DRIVE, CRYSTAL LAKE, IL 60012 | ADVISOR | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 432, WINTHROP HBR, IL 60096-0432
- In care of
- % CONTINENTAL BANK AND TRUST CO
- Signed the 990-PF
- GREG PREVES, SECRETARY
- Phone
- (262) 948-1033
- Return prepared by
- EKENBERG & EKENBERG PC
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
- 23-7028768
- 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
- 1969
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $5,460,695
- Income (IRS master file)
- $3,572,823
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $457,939 | $383,858 | $5,460,695 | IRS |
| 990-PF | December 2024 | $310,119 | $374,123 | $5,386,614 | IRS |
| 990-PF | December 2023 | -$115,906 | $359,754 | $5,450,618 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 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 23-7028768).
Questions about WEBB FOUNDATION
- What is the EIN of WEBB FOUNDATION?
- The employer identification number (EIN) of WEBB FOUNDATION is 23-7028768.
- Is WEBB FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to WEBB FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WEBB FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WEBB FOUNDATION 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 WEBB FOUNDATION 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 WEBB FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 3 received compensation from the organization, the highest $24,000 (LINDA BARRY, ADMINISTRATO).
- How much revenue does WEBB FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $457,939, expenses of $383,858 and total assets of $5,460,695 at year end.
Other nonprofits in WINTHROP HBR
- VETERANS OF FOREIGN WARS DEPARTMENT OF ILLINOIS EIN 36-6145263 · last filed 990 for 2025
- INTERNATIONAL ASSOCIATION OF LIONS CLUBS EIN 36-6142356 · last filed 990 for 2025
- COMMUNITY 365 INC EIN 85-1645102 · last filed 990-EZ for 2026
- CORYS PROJECT EIN 46-4400055 · last filed 990-EZ for 2025
- KIWANIS INTERNATIONAL INC EIN 36-6644609 · last filed 990-EZ for 2025
- MARGARET ELAINE MONTGOMERY MEMORIAL FOUNDATION EIN 99-3334321 · last filed 990-EZ for 2025
- SIZE OF A MUSTARD SEED EIN 36-4390698 · last filed 990-PF for 2025
- STRAWBERRY FIELDS ANIMAL RESCUE ILLINOIS EIN 85-3502370 · last filed 990-N for 2023