Nonprofit · EIN 39-1342489
MADISON SOUTH ROTARY FOUNDATION INC
Tax-exempt · MADISON, WI 53725
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $122,774 | $53,887 | $68,887 | $368,048 | $0 | $368,048 |
| June 30, 2024 | 990-EZ | $70,202 | $55,051 | $15,151 | $281,959 | $1,500 | $280,459 |
| June 30, 2023 | 990-EZ | $61,108 | $54,171 | $6,937 | $246,575 | – | $246,575 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $115,800
- Investment income
- $7,474
- Net income from fundraising events
- -$500
Expenses
- Grants and similar amounts paid
- $46,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,387
- Other expenses
- $6,500
- Program services (functional)
- $53,000
Balance sheet and other
- Total assets, start of year
- $281,959
- Total assets, end of year
- $368,048
- Total liabilities, end of year
- $0
- Net assets, end of year
- $368,048
- Cash, savings and investments
- $368,048
- Gross receipts
- $123,274
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mike Dillis | Chair | 1 | $0 |
| Tara Ingalls | Vice Chair | 1 | $0 |
| Jim Iliff | Treasurer | 1 | $0 |
| George Silverwood | Director | 1 | $0 |
| Steven Iliff | Director | 1 | $0 |
| Dave Anderman | Director | 1 | $0 |
| Jordan Smith | Director | 1 | $0 |
| Steve Fine | Director | 1 | $0 |
| Adam Peck | Past President | 1 | $0 |
990-EZ for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIRGINIA OLSON | PRESIDENT | 1 | $0 |
| JAMES ILIFF | TREASURER | 1 | $0 |
| FIROZ KHIMANI | VICE PRESIDE | 1 | $0 |
| MICHAEL TRUE | SECRETARY | 1 | $0 |
| STEVEN ILIFF | BOARD MEMBER | 1 | $0 |
| GEORGE SILVERWOOD | BOARD MEMBER | 1 | $0 |
| PAULA POSSIN | BOARD MEMBER | 1 | $0 |
| JOSEPH BALLES | BOARD MEMBER | 1 | $0 |
990-EZ for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIRGINIA OLSON | PRESIDENT | 1 | $0 |
| JAMES ILIFF | TREASURER | 1 | $0 |
| FIROZ KHIMANI | VICE PRESIDE | 1 | $0 |
| MICHAEL TRUE | SECRETARY | 1 | $0 |
| STEVEN ILIFF | BOARD MEMBER | 1 | $0 |
| GEORGE SILVERWOOD | BOARD MEMBER | 1 | $0 |
| PAULA POSSIN | BOARD MEMBER | 1 | $0 |
| JOSEPH BALLES | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 259672, MADISON, WI 53725-9672
- In care of
- % KATHY SIEBERT
- Signed the 990-EZ
- KATHY SIEBERT, Treasurer
- Phone
- (608) 225-7533
- Return prepared by
- Night Owl LLC
Mission
See Schedule O
Program accomplishments
- Grants awarded to local charitable & civic organizations benefitting approximately 40 groups.Expenses $53,000 · grants $46,000
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-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 39-1342489
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1980
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $368,048
- Income (IRS master file)
- $123,274
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $122,774 | $53,887 | $368,048 | XML |
| 990-EZ | June 2024 | $70,202 | $55,051 | $281,959 | XML |
| 990-EZ | June 2023 | $61,108 | $54,171 | $246,575 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | 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 39-1342489).
Questions about MADISON SOUTH ROTARY FOUNDATION INC
- What is the EIN of MADISON SOUTH ROTARY FOUNDATION INC?
- The employer identification number (EIN) of MADISON SOUTH ROTARY FOUNDATION INC is 39-1342489.
- Is MADISON SOUTH ROTARY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to MADISON SOUTH ROTARY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MADISON SOUTH ROTARY FOUNDATION INC 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 MADISON SOUTH ROTARY FOUNDATION INC 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 MADISON SOUTH ROTARY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of MADISON SOUTH ROTARY FOUNDATION INC?
- The 990-EZ for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does MADISON SOUTH ROTARY FOUNDATION INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $122,774, expenses of $53,887 and total assets of $368,048 at year end.
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