Nonprofit · EIN 25-6893619
WILLIAM COLTRANE & NORMA CRAFT CANNON
Also known as 1019869198
Tax-exempt · CHARLOTTE, NC 28277
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,159,720 | $855,201 | $304,519 | $4,756,205 | $0 | $4,756,205 |
| December 31, 2024 | 990-PF | $978,031 | $945,454 | $32,577 | $4,451,686 | $0 | $4,451,686 |
| December 31, 2023 | 990-PF | $962,116 | $759,314 | $202,802 | $4,419,109 | $0 | $4,419,109 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $153,973
- Interest
- $587
- Net gain from sales of assets
- $1,004,934
- Other income
- $226
Expenses
- Grants and similar amounts paid
- $731,000
- Compensation of officers, directors and key employees
- $36,267
- Disbursements for charitable purposes
- $731,000
- Excise tax on investment income
- $14,775
Balance sheet and other
- Total assets, start of year
- $4,451,686
- Total assets, end of year
- $4,756,205
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,756,205
- Fair market value of assets
- $16,296,856
- Qualifying distributions
- $731,000
- Net investment income
- $1,159,494
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 |
|---|---|---|---|
| WILLIAM C CANNON JR 2601 GOLD HILL ROAD, CONCORD, NC 28026 | CO-TRUSTEE | 3 | $36,267 |
| PINNACLE BANK PO BOX 2278, HIGH POINT, NC 27261 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM C CANNON JR 2601 GOLD HILL ROAD, CONCORD, NC 28026 | CO-TRUSTEE | 3 | $37,569 |
| PINNACLE BANK PO BOX 2278, HIGH POINT, NC 27261 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM C CANNON JR 2601 GOLD HILL ROAD, CONCORD, NC 28026 | CO-TRUSTEE | 3 | $33,212 |
| PINNACLE BANK PO BOX 2278, HIGH POINT, NC 27261 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 15025 BALLANCROFT PKWY, CHARLOTTE, NC 28277-4944
- In care of
- % PINNACLE BANK
- Signed the 990-PF
- PINNACLE BANK, TRUSTEE
- Phone
- (336) 881-3600
- Return prepared by
- CRI ADVISORS PLLC
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
- 25-6893619
- 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)
- $4,756,205
- Income (IRS master file)
- $1,599,517
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,159,720 | $855,201 | $4,756,205 | XML |
| 990-PF | December 2024 | $978,031 | $945,454 | $4,451,686 | XML |
| 990-PF | December 2023 | $962,116 | $759,314 | $4,419,109 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 25-6893619).
Questions about WILLIAM COLTRANE & NORMA CRAFT CANNON
- What is the EIN of WILLIAM COLTRANE & NORMA CRAFT CANNON?
- The employer identification number (EIN) of WILLIAM COLTRANE & NORMA CRAFT CANNON is 25-6893619.
- Is WILLIAM COLTRANE & NORMA CRAFT CANNON tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to WILLIAM COLTRANE & NORMA CRAFT CANNON tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WILLIAM COLTRANE & NORMA CRAFT CANNON file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WILLIAM COLTRANE & NORMA CRAFT CANNON 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 WILLIAM COLTRANE & NORMA CRAFT CANNON 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 WILLIAM COLTRANE & NORMA CRAFT CANNON?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $36,267 (WILLIAM C CANNON JR, CO-TRUSTEE).
- How much revenue does WILLIAM COLTRANE & NORMA CRAFT CANNON have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,159,720, expenses of $855,201 and total assets of $4,756,205 at year end.
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