Nonprofit · EIN 37-6042332
WABASH VALLEY COLLEGE FOUNDATION
Tax-exempt · MOUNT CARMEL, IL 62863
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $493,086 | $430,688 | $62,398 | $6,546,033 | $0 | $6,546,033 |
| June 30, 2024 | 990 | $476,556 | $282,521 | $194,035 | $6,357,229 | $0 | $6,357,229 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $153,662
- Program service revenue
- $0
- Investment income
- $374,774
- Royalties
- $1,314
- Net rental income
- -$42,614
- Net gain from sales of assets
- $230,705
- Net income from sales of inventory
- $5,950
- Other revenue
- -$35,350
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $11,949
- Salaries, compensation and benefits (total)
- $11,949
- Professional fundraising fees
- $0
- Legal fees
- $8,948
- Accounting fees
- $28,779
- Occupancy
- $6,397
- Depreciation
- $24,176
- Program services (functional)
- $308,751
- Management and general (functional)
- $121,937
Balance sheet and other
- Total assets, start of year
- $6,357,230
- Total assets, end of year
- $6,546,033
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,546,033
- Land, buildings and equipment
- $162,717
- Publicly traded securities
- $6,381,074
- Net assets without donor restrictions
- $3,467,212
- Net assets with donor restrictions
- $3,078,821
- Gross receipts
- $552,600
- Employees
- 0
- Year formed
- 1963
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATE ACKERMAN | DIRECTOR Trustee or director, Officer | – | $0 |
| LOUISE ACREE | DIRECTOR Trustee or director, Officer | – | $0 |
| TONI BRINES | DIRECTOR Trustee or director, Officer | – | $0 |
| LEANN BURTON | DIRECTOR Trustee or director, Officer | – | $0 |
| ROB COLEMAN | DIRECTOR Trustee or director, Officer | – | $0 |
| TOM DERSCH | DIRECTOR Trustee or director, Officer | – | $0 |
| CASSANDRA GOLDMAN | DIRECTOR Trustee or director, Officer | – | $0 |
| TAMARA GOULD | DIRECTOR Trustee or director, Officer | – | $0 |
| TERRI HARRIS | DIRECTOR Trustee or director, Officer | – | $0 |
| KARIN HODGSON | DIRECTOR Trustee or director, Officer | – | $0 |
| ED MCPHERSON | DIRECTOR Trustee or director, Officer | – | $0 |
| DON PRICE | DIRECTOR Trustee or director, Officer | – | $0 |
| ROD RODRIGUEZ | DIRECTOR Trustee or director, Officer | – | $0 |
| EMILY TEAGUE | DIRECTOR Trustee or director, Officer | – | $0 |
| RYAN TURNER | DIRECTOR Trustee or director, Officer | – | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYLE WEBER | DIRECTOR Trustee or director, Officer | – | $0 |
| NICKI BATES | TREASURER Officer | – | $0 |
| GLENN DECKER | PAST PRESIDE Officer | – | $0 |
| MARK LOGDSON | PRESIDENT Officer | – | $0 |
| BRENDA PHEGLEY | SECRETARY Officer | – | $0 |
| BROOKE SLATER | PAST PRESIDE Officer | – | $0 |
| NATHAN STEVENSON | VICE PRESIDE Officer | – | $0 |
990 for the year ended June 30, 2024: 25 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATE ACKERMAN | DIRECTOR Trustee or director | 0 | $0 |
| NICKI BATES | DIRECTOR Trustee or director | 0 | $0 |
| TONI BRINES | DIRECTOR Trustee or director | 0 | $0 |
| ROB COLEMAN | DIRECTOR Trustee or director | 0 | $0 |
| PATSY DEAN | DIRECTOR Trustee or director | 0 | $0 |
| TOM DERSCH | DIRECTOR Trustee or director | 0 | $0 |
| CASSANDRA GOLDMAN | DIRECTOR Trustee or director | 0 | $0 |
| TAMARA GOULD | DIRECTOR Trustee or director | 0 | $0 |
| TERRI HARRIS | DIRECTOR Trustee or director | 0 | $0 |
| KARIN HODGSON | DIRECTOR Trustee or director | 0 | $0 |
| BRANDON KNIGHT | DIRECTOR Trustee or director | 0 | $0 |
| ED MCPHERSON | DIRECTOR Trustee or director | 0 | $0 |
| DON PRICE | DIRECTOR Trustee or director | 0 | $0 |
| BRENDA PHEGLEY | DIRECTOR Trustee or director | 0 | $0 |
| ROD RODRIGUEZ | DIRECTOR Trustee or director | 0 | $0 |
| RACHEAL SMITH | DIRECTOR Trustee or director | 0 | $0 |
| NATHAN STEVENSON | DIRECTOR Trustee or director | 0 | $0 |
| EMILY TEAGUE | DIRECTOR Trustee or director | 0 | $0 |
| RYAN TURNER | DIRECTOR Trustee or director | 0 | $0 |
| LYLE WEBER | DIRECTOR Trustee or director | 0 | $0 |
| BROOKE SLATER | PAST PRESIDENT Officer | 0 | $0 |
| GLENN DECKER | PAST PRESIDENT Officer | 0 | $0 |
| MARK LOGSDON | PRESIDENT Officer | 0 | $0 |
| LEANN BURTON | TREASURER Officer | 0 | $0 |
| LOUISE ACREE | SECRETARY Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 11, MOUNT CARMEL, IL 62863-0011
- Principal officer (990 for 2024)
- MARK LOGDSON
- Signed the 990
- MARK LOGDSON, PRESIDENT
- Phone
- (618) 263-5542
- Return prepared by
- KEMPER CPA GROUP LLP
Mission
EDUCATIONAL PROGRAM SUPPORT
Program accomplishments
- SCHOLARSHIPS PROVIDED TO QUALIFYING STUDENTSExpenses $50,812
- SUPPORT OF ATHLETICS AND OTHER PROGRAMS OF IECC DIST 529Expenses $257,939
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
- 37-6042332
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1965
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,546,033
- Income (IRS master file)
- $552,600
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $493,086 | $430,688 | $6,546,033 | XML |
| 990 | June 2024 | $476,556 | $282,521 | $6,357,229 | XML |
| 990 | June 2023 | $553,563 | $326,770 | $5,729,563 | IRS |
| 990 | June 2022 | -$263,369 | $434,538 | $5,621,025 | IRS |
| 990 | June 2021 | – | – | – | 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 37-6042332).
Questions about WABASH VALLEY COLLEGE FOUNDATION
- What is the EIN of WABASH VALLEY COLLEGE FOUNDATION?
- The employer identification number (EIN) of WABASH VALLEY COLLEGE FOUNDATION is 37-6042332.
- Is WABASH VALLEY COLLEGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to WABASH VALLEY COLLEGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WABASH VALLEY COLLEGE 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 WABASH VALLEY COLLEGE FOUNDATION 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 WABASH VALLEY COLLEGE FOUNDATION 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 WABASH VALLEY COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 names MARK LOGDSON.
- Who are the officers and directors of WABASH VALLEY COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does WABASH VALLEY COLLEGE FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $493,086, expenses of $430,688 and total assets of $6,546,033 at year end.
Other nonprofits in MOUNT CARMEL
- SOUTHEASTERN ILLINOIS AGENCY ON AGING INC EIN 37-0961501 · last filed 990 for 2025
- WABASH AREA VOCATIONAL ENTERPRISES INC EIN 37-0980465 · last filed 990 for 2025
- WABASH GENERAL HOSPITAL FOUNDATION EIN 37-1071901 · last filed 990 for 2025
- WEST BERWICK MANAGEMENT INC EIN 83-2865065 · last filed 990 for 2025
- OFFENSE MINISTRIES INC EIN 85-3211940 · last filed 990 for 2024
- MT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE EIN 26-3508977 · last filed 990 for 2025
- UNITED STATES TENNIS ASSOCIATION INC EIN 35-2450075 · last filed 990 for 2025
- WABASH COUNTY FARM BUREAU EIN 37-0567480 · last filed 990 for 2025