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Nonprofit · EIN 38-2965346

MOREY FOUNDATION

Tax-exempt · MT PLEASANT, MI 48858

Financials

$2.2M$3M2023$2.7M$2M2024
Revenue Expenses · by fiscal year end
Financials of MOREY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,702,721$1,953,718$749,003$30,369,649$114,026$30,255,623
December 31, 2023990-PF$2,210,481$3,042,103-$831,622$29,606,632$100,012$29,506,620
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$525,202
Interest
$188,558
Net rental income
$12,480
Net gain from sales of assets
$1,973,516
Other income
$2,965

Expenses

Grants and similar amounts paid
$559,580
Compensation of officers, directors and key employees
$52,500
Salaries, compensation and benefits (total)
$103,100
Disbursements for charitable purposes
$1,422,197
Excise tax on investment income
$34,067

Balance sheet and other

Total assets, start of year
$29,606,632
Total assets, end of year
$30,369,649
Total liabilities, end of year
$114,026
Net assets, end of year
$30,255,623
Fair market value of assets
$36,607,247
Qualifying distributions
$1,422,197
Net investment income
$2,701,216

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
LON MOREY
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
PRESIDENT25$30,000
LARRY NOCH
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
TREAS/SEC5$18,000
KRISTA MOREY
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
VP/TRUSTEE1$1,500
GINA GENTILE
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
VP/TRUSTEE1$1,500
LAURA KING
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
VP/TRUSTEE1$1,500
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
LON MOREY
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
PRESIDENT25$30,500
LARRY NOCH
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
TREAS/SEC5$18,500
TERRA LYNN BOONE
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
VP/TRUSTEE1$2,000
KRISTA MOREY
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
VP/TRUSTEE1$2,000
GINA GENTILE
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
VP/TRUSTEE1$2,000
LAURA KING
7350 E RIVER RD, MOUNT PLEASANT, MI 48858
VP/TRUSTEE1$2,000

Address and contacts

Address (IRS master file)
7350 E RIVER RD, MT PLEASANT, MI 48858-9447
In care of
% LON MOREY
Signed the 990-PF
LON MOREY, PRESIDENT
Phone
(989) 317-0198
Return prepared by
ANDREWS HOOPER PAVLIK PLC

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

IRS record

EIN
38-2965346
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1992
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$30,369,649
Income (IRS master file)
$10,080,089

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,702,721$1,953,718$30,369,649IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$2,210,481$3,042,103$29,606,632XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about MOREY FOUNDATION

What is the EIN of MOREY FOUNDATION?
The employer identification number (EIN) of MOREY FOUNDATION is 38-2965346.
Is MOREY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to MOREY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MOREY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MOREY 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 MOREY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MOREY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $30,000 (LON MOREY, PRESIDENT).
How much revenue does MOREY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,702,721, expenses of $1,953,718 and total assets of $30,369,649 at year end.

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