Nonprofit · EIN 47-6353553
BANKERS HOUSE FOUNDATION
Tax-exempt · SHELBY, NC 28150
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $708,184 | $145,813 | $562,371 | $1,879,561 | $0 | $1,879,561 |
| December 31, 2023 | 990-PF | $301,726 | $136,629 | $165,097 | $1,317,190 | $0 | $1,317,190 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $645,267
- Dividends
- $17,916
- Other income
- $45,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $21,600
- Disbursements for charitable purposes
- $120,799
- Excise tax on investment income
- $242
Balance sheet and other
- Total assets, start of year
- $1,317,190
- Total assets, end of year
- $1,879,561
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,879,561
- Fair market value of assets
- $2,059,155
- Qualifying distributions
- $120,799
- Net investment income
- $17,916
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 |
|---|---|---|---|
| BANK OZK 106 S LAFAYETTE ST, SHELBY, NC 28150 | TRUSTEE | 1 | $0 |
| CATHERINE FREEDBERG 106 S LAYAFETTE STREET, SHELBY, NC 28150 | PRESIDENT | 10 | $0 |
| LYDIA B MATTHEWS 106 S LAYAFETTE STREET, SHELBY, NC 28150 | VICE PRESIDENT | 10 | $0 |
| PHILLIP POSTON 106 S LAYAFETTE STREET, SHELBY, NC 28150 | TREASURER | 1 | $0 |
| CHARLEY HAMRICK IV 106 S LAYAFETTE STREET, SHELBY, NC 28150 | SECRETARY | 2 | $0 |
| MILDRED CHAPELL 106 S LAYAFETTE STREET, SHELBY, NC 28150 | BOARD MEMBER | 1 | $0 |
| SYDNEY FREEDBERG Jr 106 S LAYAFETTE STREET, SHELBY, NC 28150 | BOARD MEMBER | 1 | $0 |
| CAROLYN JACKSON 106 S LAYAFETTE STREET, SHELBY, NC 28150 | EXEC DIRECTOR AND ASST SECRETARY | 10 | $0 |
| MICHELLE GAREY 106 S LAYAFETTE STREET, SHELBY, NC 28150 | ASSISTANT TREASURER | 1 | $0 |
| J NEWTON CRAVER 106 S LAYAFETTE STREET, SHELBY, NC 28150 | BOARD MEMBER | 1 | $0 |
| CHANDLER DURHAM 106 S LAYAFETTE STREET, SHELBY, NC 28150 | BOARD MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OZK 106 S LAFAYETTE ST, SHELBY, NC 28150 | TRUSTEE | 1 | $0 |
| CATHERINE FREEDBERG 106 S LAYAFETTE STREET, SHELBY, NC 28150 | PRESIDENT | 10 | $0 |
| LYDIA B MATTHEWS 106 S LAYAFETTE STREET, SHELBY, NC 28150 | VICE PRESIDENT | 10 | $0 |
| PHILLIP POSTON 106 S LAYAFETTE STREET, SHELBY, NC 28150 | TREASURER | 1 | $0 |
| CHARLEY HAMRICK IV 106 S LAYAFETTE STREET, SHELBY, NC 28150 | SECRETARY | 2 | $0 |
| MILDRED CHAPELL 106 S LAYAFETTE STREET, SHELBY, NC 28150 | BOARD MEMBER | 1 | $0 |
| SYDNEY FREEDBERG JR 106 S LAYAFETTE STREET, SHELBY, NC 28150 | BOARD MEMBER | 1 | $0 |
| CAROLYN JACKSON 106 S LAYAFETTE STREET, SHELBY, NC 28150 | EXEC DIRECTOR AND ASST SECRETA | 10 | $0 |
| MICHELLE GAREY 106 S LAYAFETTE STREET, SHELBY, NC 28150 | ASSISTANT TREASURER | 1 | $0 |
| J NEWTON CRAVER 106 S LAYAFETTE STREET, SHELBY, NC 28150 | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 106 S LAYAFETTE STREET, SHELBY, NC 28150-0000
- In care of
- % PHILLIP W POSTON
- Signed the 990-PF
- PHILLIP W POSTON, TREASURER
- Phone
- (704) 484-6233
- Return prepared by
- CRAIG BARRY & POSTON PA
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
- 47-6353553
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A54)
- Assets (IRS master file)
- $1,879,561
- Income (IRS master file)
- $834,329
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $708,184 | $145,813 | $1,879,561 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $301,726 | $136,629 | $1,317,190 | 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-PF | December 2019 | – | – | – | IRS |
| 990-PF | 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 47-6353553).
Questions about BANKERS HOUSE FOUNDATION
- What is the EIN of BANKERS HOUSE FOUNDATION?
- The employer identification number (EIN) of BANKERS HOUSE FOUNDATION is 47-6353553.
- Is BANKERS HOUSE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to BANKERS HOUSE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does BANKERS HOUSE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BANKERS HOUSE 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 BANKERS HOUSE 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 BANKERS HOUSE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does BANKERS HOUSE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $708,184, expenses of $145,813 and total assets of $1,879,561 at year end.
Other nonprofits in SHELBY
- CATAWBA INDIAN NATION FOUNDATION INC EIN 92-2589967 · last filed 990-PF for 2024
- DESTINATION CLEVELAND COUNTY INC EIN 20-8085344 · last filed 990 for 2025
- EARL SCRUGGS MUSIC FESTIVAL INC EIN 85-3112873 · last filed 990-EZ for 2024
- SONGHARPER FOUNDATION INC EIN 87-1653869 · last filed 990-N for 2025
- CLEVELAND COUNTY CHORAL SOCIETY EIN 58-1436995 · last filed 990-N for 2024
- CLEVELAND COUNTY MUSIC HALL OF FAME EIN 84-4228626 · last filed 990-N for 2025
- OUR STORIES PROJECT EIN 99-2946563 · last filed 990-N for 2025
- GREATER SHELBY COMMUNITY THEATRE INC EIN 58-1627452 · last filed 990-N for 2022
All nonprofits in SHELBY · North Carolina · Arts, culture and humanities