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Nonprofit · EIN 38-3463509

JAMES C ACHESON FOUNDATION

Tax-exempt · PORT HURON, MI 48060

Financials

$1.7M$994K2021$505K$868K2023$1.2M$802K2024
Revenue Expenses · by fiscal year end
Financials of JAMES C ACHESON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,174,061$802,143$371,918$10,254,245$107$10,254,138
December 31, 2023990-PF$504,629$868,074-$363,445$9,897,320$15,100$9,882,220
December 31, 2021990-PF$1,681,123$994,478$686,645$16,984,939$10,456$16,974,483
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8
Dividends
$217,628
Interest
$665
Net gain from sales of assets
$955,760

Expenses

Grants and similar amounts paid
$475,338
Salaries, compensation and benefits (total)
$119,516
Disbursements for charitable purposes
$504,756
Excise tax on investment income
$15,394

Balance sheet and other

Total assets, start of year
$9,897,320
Total assets, end of year
$10,254,245
Total liabilities, end of year
$107
Net assets, end of year
$10,254,138
Fair market value of assets
$10,775,799
Qualifying distributions
$504,756
Net investment income
$1,178,827

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
WILLIAM OLDFORD
405 WATER STREET SUITE 200, PORT HURON, MI 48060
TRUSTEE/DIRE0$0
FRANK TRANZOW
405 WATER STREET SUITE 200, PORT HURON, MI 48060
TRUSTEE/DIRE0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JAMES C ACHESON
405 WATER ST STE 200, PORT HURON, MI 48060
PRESIDENT0$0
DONNA M NIESTER
405 WATER ST STE 200, PORT HURON, MI 48060
SEC/TREASURE0$0
990-PF for the year ended December 31, 2021: 2 people
NameTitleHours / weekCompensation
JAMES C ACHESON
405 WATER ST STE 200, PORT HURON, MI 48060
PRESIDENT0$0
DONNA M NIESTER
405 WATER ST STE 200, PORT HURON, MI 48060
SEC/TREASURE0$0

Address and contacts

Address (IRS master file)
405 WATER ST STE 200, PORT HURON, MI 48060-5469
In care of
% DOUGLAS R AUSTIN
Signed the 990-PF
WILLIAM OLDFORD, TRUSTEE/DIRECTOR
Phone
(810) 966-0900
Return prepared by
AUSTIN NIESTER SCHWEIHOFER & FINNEGAN

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
38-3463509
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
2001
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$10,254,245
Income (IRS master file)
$4,218,395

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,174,061$802,143$10,254,245XML
990-PFDecember 2023$504,629$868,074$9,897,320XML
990-PFDecember 2022–––IRS
990-PFDecember 2021$1,681,123$994,478$16,984,939XML
990-PFDecember 2020–––IRS
990-PFDecember 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 38-3463509).

Questions about JAMES C ACHESON FOUNDATION

What is the EIN of JAMES C ACHESON FOUNDATION?
The employer identification number (EIN) of JAMES C ACHESON FOUNDATION is 38-3463509.
Is JAMES C ACHESON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to JAMES C ACHESON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JAMES C ACHESON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of JAMES C ACHESON 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 JAMES C ACHESON 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 JAMES C ACHESON FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does JAMES C ACHESON FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,174,061, expenses of $802,143 and total assets of $10,254,245 at year end.

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