Nonprofit · EIN 42-6547826
HENNESSEY CHARITABLE TRUST
Tax-exempt · DUBUQUE, IA 52001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,796,554 | $4,012,933 | -$1,216,379 | $82,239,630 | $0 | $82,239,630 |
| December 31, 2023 | 990 | $1,666,692 | $3,832,492 | -$2,165,800 | $77,938,165 | $0 | $77,938,165 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $2,796,554
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,000,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $4,000,000
- Management and general (functional)
- $12,933
Balance sheet and other
- Total assets, start of year
- $77,938,165
- Total assets, end of year
- $82,239,630
- Total liabilities, end of year
- $0
- Net assets, end of year
- $82,239,630
- Publicly traded securities
- $82,191,689
- Gross receipts
- $2,796,554
- Employees
- 0
- Volunteers
- 6
- Year formed
- 1996
- State of legal domicile
- IA
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.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Lugene Berning | Secretary Officer | 1 | $0 | $25,256 |
| Virginia Foletta | President Trustee or director, Officer | 0.1 | $0 | $0 |
| William Murray | Director Trustee or director | 0.1 | $0 | $0 |
| Laura Reicks | Director Trustee or director | 0.1 | $0 | $0 |
| Janice Friedman | Director Trustee or director | 0.1 | $0 | $0 |
| Annette Kestel | Director Trustee or director | 0.1 | $0 | $0 |
| Ann Jackson | Director Trustee or director | 0.1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Lugene Berning | Secretary as of 5/23 Officer | 1 | $0 | $14,161 |
| Virginia Foletta | President Trustee or director, Officer | 0.1 | $0 | $0 |
| Joetta Venneman | Secretary until 5/23 Trustee or director, Officer | 0.1 | $0 | $0 |
| Ann Jackson | Director Trustee or director | 0.1 | $0 | $0 |
| Elaine Hoye | Director until 1/23 Trustee or director | 0.1 | $0 | $0 |
| Marjorie Healy | Director until 1/23 Trustee or director | 0.1 | $0 | $0 |
| Laura Reicks | Director Trustee or director | 0.1 | $0 | $0 |
| Annette Kestel | Director as of 1/23 Trustee or director | 0.1 | $0 | $0 |
| William Murray | Director as of 1/23 Trustee or director | 0.1 | $0 | $0 |
| Janice Friedman | Director as of 1/23 Trustee or director | 0.1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2360 CARTER RD, DUBUQUE, IA 52001-2933
- Principal officer (990 for 2024)
- Virginia Evelina Foletta, 2360 Carter Rd, Dubuque, IA 52001
- Signed the 990
- Virginia Evelina Foletta, President
- Phone
- (563) 588-2008
- Return prepared by
- Eide Bailly LLP
Mission
Hennessy Charitable Trust was established by the Sisters of the Presentation to provide financial support and care for the retired and infirm members of the religious congregation of the Sisters of the Presentation.
Program accomplishments
- Hennessy Charitable Trust recognizes its obligation to provide for the continued support of the professed members of the Sisters of the Presentation. The Trust was established to better carry out the mission and responsibility of the Sisters of the Presentation, especially for the material support of the aged and infirm members. During 2024, Hennessy Charitable Trust provided $4,000,000 to support the Sisters of the Presentation.Expenses $4,000,000 · grants $4,000,000
What it must file and when
IRS records say it files Not required (religious organization). 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-6547826
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Not required (religious organization)
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $82,239,630
- Income (IRS master file)
- $2,796,554
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,796,554 | $4,012,933 | $82,239,630 | IRS |
| 990 | December 2023 | $1,666,692 | $3,832,492 | $77,938,165 | XML |
| 990 | December 2022 | $0 | $3,935,935 | $69,986,391 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 42-6547826).
Questions about HENNESSEY CHARITABLE TRUST
- What is the EIN of HENNESSEY CHARITABLE TRUST?
- The employer identification number (EIN) of HENNESSEY CHARITABLE TRUST is 42-6547826.
- Is HENNESSEY CHARITABLE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does HENNESSEY CHARITABLE TRUST file?
- Form Not required (religious organization).
- When is the next return of HENNESSEY CHARITABLE TRUST 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 HENNESSEY CHARITABLE TRUST 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 HENNESSEY CHARITABLE TRUST?
- The 990 for the year ended December 31, 2024 names Virginia Evelina Foletta.
- Who are the officers and directors of HENNESSEY CHARITABLE TRUST?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does HENNESSEY CHARITABLE TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,796,554, expenses of $4,012,933 and total assets of $82,239,630 at year end.
Other nonprofits in DUBUQUE
- UNIVERSITY OF DUBUQUE EIN 42-0680323 · last filed 990 for 2025
- THE FINLEY HOSPITAL EIN 42-0680354 · last filed 990 for 2024
- LORAS COLLEGE EIN 42-0680412 · last filed 990 for 2025
- DUTRAC COMMUNITY CREDIT UNION EIN 42-0670685 · last filed 990 for 2025
- MEDICAL ASSOCIATES CLINIC HEALTH PLAN OF WISCONSIN EIN 39-1519198 · last filed 990 for 2025
- CLARKE UNIVERSITY OF DUBUQUE IOWA EIN 42-0680408 · last filed 990 for 2025
- DUBUQUE RACING ASSOCIATION LTD EIN 42-1235183 · last filed 990 for 2025
- STONEHILL FRANCISCAN SERVICES EIN 51-0141775 · last filed 990 for 2025