Nonprofit · EIN 45-4900911
PENNY LIMA NEWHOUSE FOUNDATION
Tax-exempt · WILMINGTON, NC 28408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | -$2,204 | $75,339 | -$77,543 | $400,376 | $11,063 | $389,313 |
| December 31, 2023 | 990-PF | $23,064 | $90,403 | -$67,339 | $505,536 | $38,680 | $466,856 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $15,633
- Interest
- $4,493
- Net gain from sales of assets
- -$22,330
Expenses
- Grants and similar amounts paid
- $5,835
- Compensation of officers, directors and key employees
- $40,500
- Disbursements for charitable purposes
- $28,883
Balance sheet and other
- Total assets, start of year
- $505,536
- Total assets, end of year
- $400,376
- Total liabilities, end of year
- $11,063
- Net assets, end of year
- $389,313
- Fair market value of assets
- $529,358
- Qualifying distributions
- $28,883
- Net investment income
- $20,126
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 |
|---|---|---|---|
| DOC HAMM PO BOX 15194, WILMINGTON, NC 28408 | DIRECTOR | 0 | $40,500 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOC HAMM PO BOX 15194, WILMINGTON, NC 28408 | DIRECTOR | 0 | $37,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 15194, WILMINGTON, NC 28408-5194
- In care of
- % FOUNDATION SOURCE
- Signed the 990-PF
- DOC HAMM, DIRECTOR
- Phone
- (910) 612-7677
- Return prepared by
- DAVID A KINGMAN CPA PC
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
- 45-4900911
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $400,376
- Income (IRS master file)
- $227,982
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | -$2,204 | $75,339 | $400,376 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $23,064 | $90,403 | $505,536 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 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 45-4900911).
Questions about PENNY LIMA NEWHOUSE FOUNDATION
- What is the EIN of PENNY LIMA NEWHOUSE FOUNDATION?
- The employer identification number (EIN) of PENNY LIMA NEWHOUSE FOUNDATION is 45-4900911.
- Is PENNY LIMA NEWHOUSE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to PENNY LIMA NEWHOUSE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PENNY LIMA NEWHOUSE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PENNY LIMA NEWHOUSE 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 PENNY LIMA NEWHOUSE 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 PENNY LIMA NEWHOUSE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $40,500 (DOC HAMM, DIRECTOR).
- How much revenue does PENNY LIMA NEWHOUSE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of -$2,204, expenses of $75,339 and total assets of $400,376 at year end.
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