Nonprofit · EIN 38-6099935
CARLS FOUNDATION
Tax-exempt · BLOOMFLD HLS, MI 48304
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $7,872,430 | $8,224,438 | -$352,008 | $128,667,024 | $0 | $128,667,024 |
| December 31, 2023 | 990-PF | $21,019,072 | $8,829,280 | $12,189,792 | $129,019,032 | $0 | $129,019,032 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $4,051,962
- Net gain from sales of assets
- $3,806,119
- Other income
- $14,349
Expenses
- Grants and similar amounts paid
- $6,802,304
- Compensation of officers, directors and key employees
- $181,230
- Salaries, compensation and benefits (total)
- $122,040
- Disbursements for charitable purposes
- $7,298,486
- Excise tax on investment income
- $101,213
Balance sheet and other
- Total assets, start of year
- $129,019,032
- Total assets, end of year
- $128,667,024
- Total liabilities, end of year
- $0
- Net assets, end of year
- $128,667,024
- Fair market value of assets
- $154,733,978
- Qualifying distributions
- $7,298,486
- Net investment income
- $7,872,430
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH A STIEG 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | PRESIDENT | 40 | $174,480 | $48,796 |
| KATHY A STENMAN 6001 N ADAMS ROAD STE 215, BLOOMFIELD HILLS, MI 48304 | PROGRAM OFFICER Highest-paid employee | 40 | $122,040 | $18,306 |
| DR HOMER E NYE 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | TRUSTEE | 1 | $2,250 | $0 |
| TERESA KRIEGER-BURKE PHD 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | TREASURER | 1 | $2,250 | $0 |
| BRUCE M FLEISCHER PHD 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | TRUSTEE | 1 | $2,250 | $0 |
| EDWARD C STIEG 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | TRUSTEE | 1 | $0 | $0 |
| DONALD A DELONG ESQ 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | SECRETARY | 1 | $0 | $0 |
| BRIAN DERISLEY 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | TRUSTEE | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH A STIEG 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | PRESIDENT | 40 | $166,680 | $45,253 |
| KATHY A STENMAN 6001 N ADAMS ROAD STE 215, BLOOMFIELD HILLS, MI 48304 | PROGRAM OFFICER Highest-paid employee | 40 | $116,040 | $17,406 |
| DR HOMER E NYE 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | TRUSTEE | 1 | $2,250 | $0 |
| TERESA KRIEGER-BURKE PHD 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | ASSISTANT TREASURER | 1 | $2,250 | $0 |
| BRUCE M FLEISCHER PHD 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | TRUSTEE | 1 | $2,250 | $0 |
| BRAIN DERISLEY 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | TRUSTEE | 1 | $2,250 | $0 |
| EDWARD C STIEG 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | TRUSTEE | 1 | $1,500 | $0 |
| DONALD A DELONG ESQ 6001 N ADAMS ROAD NO 215, BLOOMFIELD HILLS, MI 48304 | SECRETARY | 1 | $1,500 | $0 |
Address and contacts
- Address (IRS master file)
- 6001 N ADAMS RD STE 215, BLOOMFLD HLS, MI 48304-1576
- In care of
- % COMERICA BANK TTEE
- Signed the 990-PF
- ELIZABETH A STIEG, EXECUTIVE DIRECTOR
- Phone
- (248) 434-5512
- Website
- WWW.CARLSFDN.ORG
- Return prepared by
- COHEN & CO ADVISORY LLC
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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 38-6099935
- 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
- 1965
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22Z)
- Assets (IRS master file)
- $128,667,024
- Income (IRS master file)
- $35,473,282
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $7,872,430 | $8,224,438 | $128,667,024 | IRS |
| 990-PF | December 2023 | $21,019,072 | $8,829,280 | $129,019,032 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 38-6099935).
Questions about CARLS FOUNDATION
- What is the EIN of CARLS FOUNDATION?
- The employer identification number (EIN) of CARLS FOUNDATION is 38-6099935.
- Is CARLS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to CARLS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CARLS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CARLS 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 CARLS 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 CARLS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 5 received compensation from the organization, the highest $174,480 (ELIZABETH A STIEG, PRESIDENT).
- How much revenue does CARLS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $7,872,430, expenses of $8,224,438 and total assets of $128,667,024 at year end.
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