Nonprofit · EIN 36-3839126
BURTON FOUNDATION
Tax-exempt · ELGIN, IL 60123
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $906,816 | $804,009 | $102,807 | $14,960,945 | $1,426,804 | $13,534,141 |
| December 31, 2023 | 990 | $2,097,023 | $739,225 | $1,357,798 | $14,923,227 | $1,491,893 | $13,431,334 |
| December 31, 2022 | 990 | $2,030,488 | $1,097,536 | $932,952 | $13,510,153 | $1,436,617 | $12,073,536 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,000
- Program service revenue
- $341,761
- Investment income
- $559,995
- Net gain from sales of assets
- $293,956
- Other revenue
- $60
Expenses
- Grants and similar amounts paid
- $52,050
- Compensation of officers, directors and key employees
- $190,696
- Other salaries and wages
- $118,830
- Salaries, compensation and benefits (total)
- $331,174
- Professional fundraising fees
- $0
- Accounting fees
- $34,947
- Occupancy
- $22,101
- Depreciation
- $352
- Program services (functional)
- $762,472
- Management and general (functional)
- $41,537
Balance sheet and other
- Total assets, start of year
- $14,923,227
- Total assets, end of year
- $14,960,945
- Total liabilities, end of year
- $1,426,804
- Net assets, end of year
- $13,534,141
- Land, buildings and equipment
- $746,150
- Net assets without donor restrictions
- $13,534,141
- Gross receipts
- $1,198,660
- Employees
- 4
- Year formed
- 1992
- State of legal domicile
- IL
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRACEY MANNING | President Officer | 40 | $200,696 |
| CATHY JACOBY | Director Trustee or director | 40 | $0 |
| TIM MINCH | Director Trustee or director | 1 | $0 |
| BETH FIORINI | Secretary Officer | 1 | $0 |
| CAROLINE TORRES | Treasurer Officer | 1 | $0 |
| DESMARIE TANNER | Chairman Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRACEY MANNING | President Officer | 40 | $196,045 |
| CATHY JACOBY | Director Trustee or director | 40 | $0 |
| TIM MINCH | Director Trustee or director | 1 | $0 |
| BETH FIORINI | Secretary Officer | 1 | $0 |
| CAROLINE TORRES | Treasurer Officer | 1 | $0 |
| DESMARIE TANNER | Chairman Officer | 1 | $0 |
990 for the year ended December 31, 2022: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| TRACEY MANNING | President Officer | 40 | $190,701 | $184,920 |
| CATHY JACOBY | Director Trustee or director | 40 | $0 | $0 |
| TIM MINCH | Director Trustee or director | 1 | $0 | $0 |
| BETH FIORINI | Secretary Officer | 1 | $0 | $0 |
| CAROLINE TORRES | Treasurer Officer | 1 | $0 | $0 |
| DESMARIE TANNER | Chairman Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2090 LARKIN AVE STE 5A1, ELGIN, IL 60123-5849
- In care of
- % DONALD BURTON
- Mailing address (990-N for 2008)
- 1202 Timberlane Drive, Sterling IL 61081
- Principal officer (990 for 2024)
- TRACEY MANNING, 2090 LARKIN AVE 5A-1, ELGIN, IL 60123
- Principal officer (990-N for 2008)
- Donald Burton, 1202 Timberlane Drive, Sterling IL 61081
- Signed the 990
- TRACEY MANNING, President
- Phone
- (630) 938-7625
- Return prepared by
- MK Group CPAs & Consultants LLC
Mission
Relief for the poor and distressed through providing grants, assistance and low interest loans to the poor for housing and health needs, and fostering of low-income housing through participation in low-income housing tax credit project partnership and property management activities.
Program accomplishments
- Relief for the poor and distressed through providing grants, assistance and low interest loans to the poor for housing and health needs, and fostering of low-income housing through participation in low-income housing tax credit project partnerships and property management activities.Expenses $762,472 · revenue $901,816
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 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3839126
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99Z)
- Assets (IRS master file)
- $14,960,945
- Income (IRS master file)
- $1,198,660
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $906,816 | $804,009 | $14,960,945 | XML |
| 990 | December 2023 | $2,097,023 | $739,225 | $14,923,227 | XML |
| 990 | December 2022 | $2,030,488 | $1,097,536 | $13,510,153 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2008 Officer: Donald Burton | December 31, 2008 | ≤ $50,000 receipts | – | – | e-Postcard |
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 36-3839126).
Questions about BURTON FOUNDATION
- What is the EIN of BURTON FOUNDATION?
- The employer identification number (EIN) of BURTON FOUNDATION is 36-3839126.
- Is BURTON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to BURTON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BURTON FOUNDATION 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 BURTON FOUNDATION 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 BURTON FOUNDATION 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 BURTON FOUNDATION?
- The 990 for the year ended December 31, 2024 names TRACEY MANNING.
- Who are the officers and directors of BURTON FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $200,696 (TRACEY MANNING, President).
- How much revenue does BURTON FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $906,816, expenses of $804,009 and total assets of $14,960,945 at year end.
Other nonprofits in ELGIN
- INTERNATIONAL SOCIETY OF HAIR SURGEONS EIN 71-0738276 · last filed 990 for 2024
- EDER FINANCIAL INC EIN 36-3668497 · last filed 990 for 2024
- CORPORATE AMERICA FAMILY CREDIT EIN 36-0760135 · last filed 990 for 2024
- FOX VALLEY LABORERS HEALTH AND WELFARE FUND EIN 36-6219639 · last filed 990 for 2025
- JUDSON UNIVERSITY A BAPTIST INSTITUTION EIN 36-2515868 · last filed 990 for 2025
- FABRICATORS & MANUFACTURERS ASSOCIATION INTERNATIONAL EIN 36-3117542 · last filed 990 for 2024
- ECKER CENTER FOR BEHAVIORAL HEALTH INC EIN 36-2312495 · last filed 990 for 2025
- ONE COLLECTIVE NFP EIN 36-6069820 · last filed 990 for 2025