Nonprofit · EIN 46-4384744
UDAY & PEGGY BHATE FOUNDATION
Tax-exempt · MOUNTAIN BRK, AL 35243
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,074,637 | $50,072 | $1,024,565 | $2,384,365 | $0 | $2,384,365 |
| December 31, 2023 | 990-PF | $181,209 | $47,402 | $133,807 | $1,359,800 | $0 | $1,359,800 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $713,728
- Dividends
- $61,020
- Interest
- $54
- Net gain from sales of assets
- $299,835
Expenses
- Grants and similar amounts paid
- $38,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $38,500
- Excise tax on investment income
- $4,977
Balance sheet and other
- Total assets, start of year
- $1,359,800
- Total assets, end of year
- $2,384,365
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,384,365
- Fair market value of assets
- $2,627,348
- Qualifying distributions
- $38,500
- Net investment income
- $360,909
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 |
|---|---|---|---|
| UDAY BHATE 3811 RIVER VIEW CIRCLE, BIRMINGHAM, AL 35243 | DIRECTOR | 0 | $0 |
| PEGGY BHATE 3811 RIVER VIEW CIRCLE, BIRMINGHAM, AL 35243 | DIRECTOR | 0 | $0 |
| JAYESH BHATE 3811 RIVER VIEW CIRCLE, BIRMINGHAM, AL 35243 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| UDAY BHATE 3811 RIVER VIEW CIRCLE, BIRMINGHAM, AL 35243 | DIRECTOR | 0 | $0 |
| PEGGY BHATE 3811 RIVER VIEW CIRCLE, BIRMINGHAM, AL 35243 | DIRECTOR | 0 | $0 |
| JAYESH BHATE 3811 RIVER VIEW CIRCLE, BIRMINGHAM, AL 35243 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3811 RIVER VIEW CIR, MOUNTAIN BRK, AL 35243-4801
- Signed the 990-PF
- UDAY BHATE, DIRECTOR
- Phone
- (205) 591-7062
- Return prepared by
- PEARCE BEVILL LEESBURG MOORE 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
- 46-4384744
- 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)
- Unknown (Z99)
- Assets (IRS master file)
- $2,384,365
- Income (IRS master file)
- $1,277,425
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,074,637 | $50,072 | $2,384,365 | XML |
| 990-PF | December 2023 | $181,209 | $47,402 | $1,359,800 | 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 46-4384744).
Questions about UDAY & PEGGY BHATE FOUNDATION
- What is the EIN of UDAY & PEGGY BHATE FOUNDATION?
- The employer identification number (EIN) of UDAY & PEGGY BHATE FOUNDATION is 46-4384744.
- Is UDAY & PEGGY BHATE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to UDAY & PEGGY BHATE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does UDAY & PEGGY BHATE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of UDAY & PEGGY BHATE 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 UDAY & PEGGY BHATE 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 UDAY & PEGGY BHATE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does UDAY & PEGGY BHATE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,074,637, expenses of $50,072 and total assets of $2,384,365 at year end.
Other nonprofits in MOUNTAIN BRK
- SECOND WIND PROGRAMS INC EIN 68-0174970 · last filed 990 for 2024
- MARTHA WOODWARD WEBB FOUNDATION INC EIN 63-1185737 · last filed 990-PF for 2026
- COUNTRY CLUB OF BIRMINGHAM EIN 63-0049960 · last filed 990 for 2024
- BIRMINGHAM ZOO INC EIN 62-1231591 · last filed 990 for 2024
- HIGHLANDS DAY SCHOOL FOUNDATION EIN 63-0388769 · last filed 990 for 2025
- DANIEL FOUNDATION OF ALABAMA EIN 63-0736444 · last filed 990-PF for 2024
- LEVITE JEWISH COMMUNITY CENTER EIN 63-0288848 · last filed 990 for 2024
- BIRMINGHAM JEWISH FOUNDATION EIN 63-0833692 · last filed 990 for 2024