Skip to main content

Nonprofit · EIN 35-1576272

GRACE UNITED METHODIST FOUNDATION INC

Tax-exempt · LAFAYETTE, IN 47904

Financials

$90K$102K2023$21K$143K2024
Revenue Expenses · by fiscal year end
Financials of GRACE UNITED METHODIST FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$21,005$143,308-$122,303$857,927$0$857,927
December 31, 2023990$90,066$102,405-$12,339$912,085$0$912,085
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$21,005
Other revenue
$0

Expenses

Grants and similar amounts paid
$135,886
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$800
Program services (functional)
$135,886
Management and general (functional)
$7,422

Balance sheet and other

Total assets, start of year
$912,085
Total assets, end of year
$857,927
Total liabilities, end of year
$0
Net assets, end of year
$857,927
Land, buildings and equipment
$36,998
Publicly traded securities
$645,480
Net assets without donor restrictions
$846,695
Net assets with donor restrictions
$11,232
Gross receipts
$21,005
Employees
0
Year formed
1983
State of legal domicile
IN

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DOUG CURRYPRESIDENT
Trustee or director, Officer
–$0
WANDA MILLERVICE PRESIDE
Trustee or director, Officer
–$0
MAURICE DENNEYTREASURER
Trustee or director, Officer
–$0
LYNN CHEESMANSECRETARY
Trustee or director, Officer
–$0
KARLA KISERDIRECTOR
Trustee or director
–$0
JENNIFER LEWISPASTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DOUG CURRYPRESIDENT
Trustee or director, Officer
–$0
WANDA MILLERVICE PRESIDE
Trustee or director, Officer
–$0
MAURICE DENNEYTREASURER
Trustee or director, Officer
–$0
LYNN CHEESMANSECRETARY
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
615 N 22ND ST, LAFAYETTE, IN 47904-2620
Principal officer (990 for 2024)
DOUG CURRY, 615 N 22ND ST, LAFAYETTE, IN 47904
Signed the 990
DOUG CURRY, PRESIDENT
Phone
(765) 447-4152
Return prepared by
HEMAN LAWSON HAWKS LLP

Mission

TO MANAGE FUNDS AND LONG TERM INVESTMENTS FOR THE LOCAL CHURCH - GRACE UNITED METHODIST, LAFAYETTE, IN

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION MADE CONTRIBUTIONS TO GRACE UNITED METHODIST CHURCH FOR VARIOUS PROJECTS AND IMPROVEMENTS.
    Expenses $135,886 · grants $135,886

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-1576272
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
1984
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$857,927
Income (IRS master file)
$21,005

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$21,005$143,308$857,927IRS
990December 2023$90,066$102,405$912,085XML
990December 2022$203,065$36,397$836,169IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 35-1576272).

Questions about GRACE UNITED METHODIST FOUNDATION INC

What is the EIN of GRACE UNITED METHODIST FOUNDATION INC?
The employer identification number (EIN) of GRACE UNITED METHODIST FOUNDATION INC is 35-1576272.
Is GRACE UNITED METHODIST FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to GRACE UNITED METHODIST FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does GRACE UNITED METHODIST FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GRACE UNITED METHODIST FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRACE UNITED METHODIST FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GRACE UNITED METHODIST FOUNDATION INC?
The 990 for the year ended December 31, 2024 names DOUG CURRY.
Who are the officers and directors of GRACE UNITED METHODIST FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does GRACE UNITED METHODIST FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $21,005, expenses of $143,308 and total assets of $857,927 at year end.

Other nonprofits in LAFAYETTE

All nonprofits in LAFAYETTE · Indiana