Nonprofit · EIN 31-1540242
THE CLELLAN PREWITT CHARITABLE REMAINDER UNITRUST
Tax-exempt · SOMERSET, KY 42501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $44,888 | $29,573 | $15,315 | $388,946 | $0 | $388,946 |
| December 31, 2024 | 990-PF | $68,653 | $26,629 | $42,024 | $373,631 | $0 | $373,631 |
| December 31, 2023 | 990-PF | $20,025 | $27,891 | -$7,866 | $331,607 | $0 | $331,607 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $11,699
- Net gain from sales of assets
- $33,189
Expenses
- Grants and similar amounts paid
- $17,706
- Compensation of officers, directors and key employees
- $4,506
- Disbursements for charitable purposes
- $19,067
- Excise tax on investment income
- $495
Balance sheet and other
- Total assets, start of year
- $373,631
- Total assets, end of year
- $388,946
- Total liabilities, end of year
- $0
- Net assets, end of year
- $388,946
- Fair market value of assets
- $428,876
- Qualifying distributions
- $19,067
- Net investment income
- $44,902
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 |
|---|---|---|---|
| CUMBERLAND SECURITY BANK ASSET MGMT 107 SOUTH MAIN STREET, SOMERSET, KY 42501 | TRUSTEE | 2 | $4,506 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CUMBERLAND SECURITY BANK ASSET MGMT 107 SOUTH MAIN STREET, SOMERSET, KY 42501 | TRUSTEE | 2 | $6,944 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CUMBERLAND SECURITY BANK ASSET MGMT 107 SOUTH MAIN STREET, SOMERSET, KY 42501 | TRUSTEE | 2 | $6,571 |
Address and contacts
- Address (IRS master file)
- 107 S MAIN ST, SOMERSET, KY 42501-2005
- Signed the 990-PF
- CUMBERLAND SECURITY BANK ASSET MGMT, TRUSTEE
- Phone
- (606) 451-8762
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
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
- 31-1540242
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $388,946
- Income (IRS master file)
- $120,316
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $44,888 | $29,573 | $388,946 | IRS |
| 990-PF | December 2024 | $68,653 | $26,629 | $373,631 | IRS |
| 990-PF | December 2023 | $20,025 | $27,891 | $331,607 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 31-1540242).
Questions about THE CLELLAN PREWITT CHARITABLE REMAINDER UNITRUST
- What is the EIN of THE CLELLAN PREWITT CHARITABLE REMAINDER UNITRUST?
- The employer identification number (EIN) of THE CLELLAN PREWITT CHARITABLE REMAINDER UNITRUST is 31-1540242.
- Is THE CLELLAN PREWITT CHARITABLE REMAINDER UNITRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt.
- Which annual return does THE CLELLAN PREWITT CHARITABLE REMAINDER UNITRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE CLELLAN PREWITT CHARITABLE REMAINDER UNITRUST 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 THE CLELLAN PREWITT CHARITABLE REMAINDER UNITRUST 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 THE CLELLAN PREWITT CHARITABLE REMAINDER UNITRUST?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $4,506 (CUMBERLAND SECURITY BANK ASSET MGMT, TRUSTEE).
- How much revenue does THE CLELLAN PREWITT CHARITABLE REMAINDER UNITRUST have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $44,888, expenses of $29,573 and total assets of $388,946 at year end.
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