Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 38-7161863

ALLIANCE COMMUNITY FOUNDATION

Tax-exempt · WILMINGTON, DE 19807

Financials

$1.1M$1M2023$1.2M$863K2024
Revenue Expenses · by fiscal year end
Financials of ALLIANCE COMMUNITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,167,152$862,885$304,267$4,567,527$0$4,567,527
December 31, 2023990$1,065,527$1,013,853$51,674$3,766,255$0$3,766,255
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$558,653
Program service revenue
$0
Investment income
$431,557
Net gain from sales of assets
$411,082
Other revenue
$176,942

Expenses

Grants and similar amounts paid
$703,528
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,100
Accounting fees
$3,000
Program services (functional)
$703,528
Management and general (functional)
$159,357

Balance sheet and other

Total assets, start of year
$3,766,255
Total assets, end of year
$4,567,527
Total liabilities, end of year
$0
Net assets, end of year
$4,567,527
Publicly traded securities
$3,218,402
Net assets without donor restrictions
$4,567,527
Gross receipts
$1,167,152
Employees
0
Year formed
2017
State of legal domicile
DE

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.

NameTitleHours / weekCompensation
ALLIANCE COMMUNITY CORPORATIONTRUSTEE
Institutional trustee
1$0
RANDY FOXSECRETARY
Officer
10$0
DAN RICEPRESIDENT
Officer
10$0
ANDREW RUSSOCFO
Officer
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
ALLIANCE COMMUNITY CORPORATIONTRUSTEE
Institutional trustee
1$0
RANDY FOXSECRETARY
Officer
10$0
DAN RICEPRESIDENT
Officer
10$0
ANDREW RUSSOCFO
Officer
1$0

Address and contacts

Address (IRS master file)
15 CENTER MEETING RD, WILMINGTON, DE 19807-1301
In care of
% ALLIANCE COMMUNITY CORP TTEE
Principal officer (990 for 2024)
ANDREW RUSSO, 15 CENTER MEETING ROAD, WILMINGTON, DE 19807
Signed the 990
ANDREW RUSSO, CFO
Phone
(440) 239-8900
Return prepared by
ASHWORTH KNUFF AND COMPANY CPAS INC

Mission

THE FOUNDATION SHALL CARRY OUT ITS PURPOSES AS A COMMUNITY FOUNDATION WITHIN THE MEANING OF TREASURY REGULATION SECTION 1.170A-9(F)(10) SERVING THE NATIONAL PHILANTHROPIC COMMUNITY OF CHARITABLE ORGANIZATIONS, FOUNDATIONS, INDIVIDUALS, AND THEIR PROFESSIONAL ADVISORS IN THE STATE OF DELEWARE, ACROSS THE NATION, AND THROUGHOUT THE WORLD.

990 for the year ended December 31, 2024

Program accomplishments

  • GRANTS TO QUALIFIED ORGANIZATIONS
    Expenses $703,528 · grants $703,528

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

IRS record

EIN
38-7161863
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,567,527
Income (IRS master file)
$1,167,152

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,167,152$862,885$4,567,527IRS
990December 2023$1,065,527$1,013,853$3,766,255XML
990December 2022$1,870,357$2,331,406$3,273,530IRS
990December 2021–––IRS
990December 2020–––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 38-7161863).

Questions about ALLIANCE COMMUNITY FOUNDATION

What is the EIN of ALLIANCE COMMUNITY FOUNDATION?
The employer identification number (EIN) of ALLIANCE COMMUNITY FOUNDATION is 38-7161863.
Is ALLIANCE COMMUNITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to ALLIANCE COMMUNITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALLIANCE COMMUNITY 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 ALLIANCE COMMUNITY 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 ALLIANCE COMMUNITY 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 ALLIANCE COMMUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 names ANDREW RUSSO.
Who are the officers and directors of ALLIANCE COMMUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does ALLIANCE COMMUNITY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,167,152, expenses of $862,885 and total assets of $4,567,527 at year end.

Other nonprofits in WILMINGTON

All nonprofits in WILMINGTON · Delaware · Philanthropy, voluntarism and grantmaking foundations