Nonprofit · EIN 26-1998057
WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC
Tax-exempt · ASHEVILLE, NC 28803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,164,004 | $1,147,247 | $16,757 | $120,376 | $0 | $120,376 |
| June 30, 2024 | 990 | $33,433 | $304,762 | -$271,329 | $103,619 | $0 | $103,619 |
| June 30, 2023 | 990 | $291,330 | $2,742 | $288,588 | $374,948 | $0 | $374,948 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,384,019
- Program service revenue
- $12,000
- Investment income
- -$233,282
- Net rental income
- $1,267
- Net gain from sales of assets
- -$233,301
- Other revenue
- $1,267
Expenses
- Grants and similar amounts paid
- $1,105,319
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $8,140
- Accounting fees
- $2,831
- Program services (functional)
- $1,105,319
- Management and general (functional)
- $41,928
Balance sheet and other
- Total assets, start of year
- $103,619
- Total assets, end of year
- $120,376
- Total liabilities, end of year
- $0
- Net assets, end of year
- $120,376
- Gross unrelated business income
- $12,000
- Gross receipts
- $2,604,638
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2007
- State of legal domicile
- NC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GRAHAM KEEVER | TREASURER Trustee or director, Officer | 0.5 | $0 | $230,987 | $43,698 |
| JULIE D KLIPP | SECRETARY Trustee or director, Officer | 0.5 | $0 | $163,665 | $21,521 |
| LAURA HERNDON | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $130,116 | $22,192 |
| JOSH HOLMES | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CARLA BARNARD | CHAIR Trustee or director | 0.5 | $0 | $0 | $0 |
| MICHAEL FALKNOR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BARBARA BASKERVILLE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRISTINE MALLETTE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOANNE BADR MORGAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KIMBERLY WINTERS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOCHEN LUCKE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KATE MADISON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| EVA CLEMENT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GRAHAM KEEVER | TREASURER Trustee or director, Officer | 0.5 | $0 | $211,214 | $48,511 |
| JULIE D KLIPP | SECRETARY Trustee or director, Officer | 0.5 | $0 | $154,636 | $25,445 |
| LAURA HERNDON | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $122,297 | $25,385 |
| JOSH HOLMES | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CARLA BARNARD | CHAIR Trustee or director | 0.5 | $0 | $0 | $0 |
| MICHAEL FALKNOR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BARBARA BASKERVILLE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRISTINE MALLETTE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOANNE BADR MORGAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KIMBERLY WINTERS | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GRAHAM KEEVER | TREASURER Trustee or director, Officer | 0.5 | $0 | $193,026 | $44,890 |
| JULIE D KLIPP | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $144,471 | $24,027 |
| LAURA HERNDON | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 0.5 | $0 | $114,309 | $24,069 |
| WILLIAM CLARKE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CARLA BARNARD | CHAIR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRISTINE MALLETT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BARBARA BASKERVILLE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KIMBERLY WINTERS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOANNE BADR MORGAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CYNTHIA ELLER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOSH HOLMES | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MICHAEL FALKNOR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4 VANDERBILT DRIVE 300, ASHEVILLE, NC 28803-0000
- Principal officer (990 for 2024)
- GRAHAM KEEVER, 4 VANDERBILT DRIVE 300, ASHEVILLE, NC 28803
- Signed the 990
- GRAHAM KEEVER, TREASURER
- Phone
- (828) 254-4960
- Return prepared by
- DMJPS PLLC
Mission
TO DEVELOP CHARITABLE RESOURCES THROUGH THE ACQUISITION AND LIQUIDATION OF GIFTS OF REAL ESTATE AS THEY BECOME AVAILABLE FOR THE BENEFIT OF THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA.
Program accomplishments
- DURING 2024, PROPERTY WAS SOLD TO SUPPORT THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA. THE ORGANIZATION INCURRED ONLY MINIMAL MAINTENANCE EXPENSES ON THE EXISTING REAL ESTATE FOR FUTURE SALE, PROCEEDS FOR USE TO BENEFIT THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA.Expenses $1,105,319 · grants $1,105,319
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1998057
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T11)
- Assets (IRS master file)
- $120,376
- Income (IRS master file)
- $2,604,638
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,164,004 | $1,147,247 | $120,376 | XML |
| 990 | June 2024 | $33,433 | $304,762 | $103,619 | XML |
| 990 | June 2023 | $291,330 | $2,742 | $374,948 | XML |
| 990 | June 2022 | $9,873 | $2,700 | $86,359 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 26-1998057).
Questions about WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC
- What is the EIN of WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC?
- The employer identification number (EIN) of WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC is 26-1998057.
- Is WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION 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 WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names GRAHAM KEEVER.
- Who are the officers and directors of WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,164,004, expenses of $1,147,247 and total assets of $120,376 at year end.
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- UNITED WAY OF ASHEVILLE & BUNCOMBE COUNTY INC EIN 56-0576157 · last filed 990 for 2025
- WNC BRIDGE FOUNDATION EIN 56-2110357 · last filed 990 for 2024
- MOUNTAIN BIZCAPITAL INC EIN 14-1864873 · last filed 990 for 2025
- MOROSANI FOUNDATION EIN 82-3813375 · last filed 990-PF for 2025
- VERNER EIN 56-2040462 · last filed 990 for 2025
- TZEDEK SOCIAL JUSTICE FUND EIN 81-4130127 · last filed 990-PF for 2024
All nonprofits in ASHEVILLE · North Carolina · Philanthropy, voluntarism and grantmaking foundations