Nonprofit · EIN 26-1127627
MONTROSE FOUNDATION INC
Tax-exempt · HILLSBOROUGH, NC 27278
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $476,149 | $451,286 | $24,863 | $4,906,966 | $3,235 | $4,903,731 |
| December 31, 2024 | 990-PF | $569,557 | $267,205 | $302,352 | $4,879,270 | $402 | $4,959,552 |
| December 31, 2023 | 990-PF | $2,034,891 | $340,168 | $1,694,723 | $4,657,580 | $170 | $4,657,410 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $210,522
- Dividends
- $164,642
- Net gain from sales of assets
- $87,135
- Other income
- $13,850
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $314,371
- Excise tax on investment income
- $2,986
Balance sheet and other
- Total assets, start of year
- $4,879,270
- Total assets, end of year
- $4,906,966
- Total liabilities, end of year
- $3,235
- Net assets, end of year
- $4,903,731
- Fair market value of assets
- $6,455,126
- Net investment income
- $251,777
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 |
|---|---|---|---|
| GARY PASHALL PO BOX 957, HILLSBOROUGH, NC 27278 | PROPERTY MAN Highest-paid employee | 40 | $85,477 |
| THOMAS BELL PO BOX 957, HILLSBOROUGH, NC 27278 | MANAGER Highest-paid employee | 40 | $61,449 |
| JENNA MALLETT PO BOX 957, HILLBOROUGH, NC 27278 | MANAGER Highest-paid employee | 40 | $61,214 |
| CATHERINE DYKES 548 POTLUCK FARM RD, ROUGEMONT, NC 27572 | DIRECTOR | 2 | $0 |
| TOM KRENITSKY PO BOX 957, HILLSBOROUGH, NC 27278 | DIRECTOR | 2 | $0 |
| NANCY S GOODWIN PO BOX 957, HILLSBOROUGH, NC 27278 | CHAIR | 2 | $0 |
| CHERYL TRAYLOR 116 QUEEN ST, HILLSBOROUGH, NC 27278 | DIRECTOR | 2 | $0 |
| ELLIE MEADE 1500 BUTTERFLY PL, HILLSBOROUGH, NC 27278 | SECRETARY | 2 | $0 |
| GARY PASCHALL PO BOX 957, HILLSBOROUGH, NC 27278 | EX OFFICIO | 2 | $0 |
| CHARLES PLAMBECK 1927 ST MARYS RD, HILLSBOROUGH, NC 27278 | PRESIDENT/TR | 2 | $0 |
| JENNA MALLET PO BOX 957, HILLSBOROUGH, NC 27278 | EX OFFICIO | 2 | $0 |
| TOM BELL PO BOX 957, HILLSBOROUGH, NC 27278 | EX OFFICIO | 2 | $0 |
990-PF for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CATHERINE DYKES 548 POTLUCK FARM RD, ROUGEMONT, NC 27572 | DIRECTOR | 0 | $0 |
| TOM KRENITSKY PO BOX 957, HILLSBOROUGH, NC 27278 | DIRECTOR | 0 | $0 |
| NANCY S GOODWIN PO BOX 957, HILLSBOROUGH, NC 27278 | FOUNDING DIR | 0 | $0 |
| MARY BANKS KNECHTLE 116 QUEEN ST, HILLSBOROUGH, NC 27278 | DIRECTOR | 0 | $0 |
| ELLIE MEADE 1500 BUTTERFLY PL, HILLSBOROUGH, NC 27278 | SECRETARY | 0 | $0 |
| ELIZABETH WOODMAN 121 N WAKE ST, HILLSBOROUGH, NC 27278 | DIRECTOR | 0 | $0 |
| SCHATZIE CROWTHER 1927 ST MARYS RD, HILLSBOROUGH, NC 27278 | PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY N PASCHALL 4307 PLEASANT GREEN RD, DURHAM, NC 27705 | GROUNDS & MA Highest-paid employee | 0 | $77,130 |
| CATHERINE DYKES 548 POTLUCK FARM RD, ROUGEMONT, NC 27572 | PRESIDENT | 0 | $3,473 |
| NANCY S GOODWIN PO BOX 957, HILLSBOROUGH, NC 27278 | SEC/TREAS | 0 | $0 |
| MARY BANKS KNECHTLE 116 QUEEN ST, HILLSBOROUGH, NC 27278 | DIRECTOR | 0 | $0 |
| ELLIE MEADE 1500 BUTTERFLY PL, HILLSBOROUGH, NC 27278 | DIRECTOR | 0 | $0 |
| ELIZABETH WOODMAN 121 N WAKE ST, HILLSBOROUGH, NC 27278 | DIRECTOR | 0 | $0 |
| SCHATZIE CROWTHER 1927 ST MARYS RD, HILLSBOROUGH, NC 27278 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 957, HILLSBOROUGH, NC 27278-0957
- Signed the 990-PF
- NANCY S GOODWIN, CHAIR
- Phone
- (919) 732-7787
- Website
- MONTROSEGARDEN.ORG
- Return prepared by
- ROSE GROUP CPAS 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
- 26-1127627
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $4,906,966
- Income (IRS master file)
- $1,691,110
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $476,149 | $451,286 | $4,906,966 | XML |
| 990-PF | December 2024 | $569,557 | $267,205 | $4,879,270 | XML |
| 990-PF | December 2023 | $2,034,891 | $340,168 | $4,657,580 | 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 26-1127627).
Questions about MONTROSE FOUNDATION INC
- What is the EIN of MONTROSE FOUNDATION INC?
- The employer identification number (EIN) of MONTROSE FOUNDATION INC is 26-1127627.
- Is MONTROSE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to MONTROSE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does MONTROSE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MONTROSE FOUNDATION INC 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 MONTROSE FOUNDATION INC 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 MONTROSE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 12 people; 3 received compensation from the organization, the highest $85,477 (GARY PASHALL, PROPERTY MAN).
- How much revenue does MONTROSE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $476,149, expenses of $451,286 and total assets of $4,906,966 at year end.
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