Nonprofit · EIN 52-0858257
WHETSTONE HOMES CORPORATION
Tax-exempt · MONTGOMRY VLG, MD 20886
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $743,774 | $829,298 | -$85,524 | $2,505,173 | $78,487 | $2,426,686 |
| December 31, 2024 | 990 | $572,832 | $665,542 | -$92,710 | $2,662,207 | $72,647 | $2,589,560 |
| December 31, 2023 | 990 | $560,437 | $308,913 | $251,524 | $2,670,497 | $67,285 | $2,603,212 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $523,937
- Membership dues
- $523,937
- Program service revenue
- $0
- Investment income
- $213,473
- Net gain from sales of assets
- $148,101
- Other revenue
- $6,364
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,850
- Program services (functional)
- $763,050
- Management and general (functional)
- $66,248
Balance sheet and other
- Total assets, start of year
- $2,662,207
- Total assets, end of year
- $2,505,173
- Total liabilities, end of year
- $78,487
- Net assets, end of year
- $2,426,686
- Publicly traded securities
- $238,310
- Net assets without donor restrictions
- $414,821
- Net assets with donor restrictions
- $2,011,865
- Gross receipts
- $845,692
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1966
- State of legal domicile
- MD
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deborah Vermillion | President Officer | – | $0 |
| Katherine Webb | Vice-President Officer | – | $0 |
| Bryan Price | Treasurer Officer | – | $0 |
| James Martin | Director Trustee or director | – | $0 |
| Jayson Taylor | Director Trustee or director | – | $0 |
| Timothy Thompson | Director Trustee or director | – | $0 |
| Scott Crews | Director Trustee or director | – | $0 |
| Lori Perine | Director Trustee or director | – | $0 |
| Greg Davis | Director Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deborah Vermillion | President Officer | – | $0 |
| Katherine Webb | Vice-President Officer | – | $0 |
| Bryan Price | Treasurer/Secretary Officer | – | $0 |
| James Martin | Director Trustee or director | – | $0 |
| Jason Taylor | Director Trustee or director | – | $0 |
| Timothy Thompson | Director Trustee or director | – | $0 |
| Scott Crews | Director Trustee or director | – | $0 |
| Lori Perine | Director Trustee or director | – | $0 |
| Greg Davis | Director Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deborah Vermillion | President Officer | – | $0 |
| Katherine Webb | Vice-President Officer | – | $0 |
| Bryan Price | Treasurer Officer | – | $0 |
| James Martin | Secretary Officer | – | $0 |
| Jason Taylor | Director Trustee or director | – | $0 |
| Timothy Thompson | Director Trustee or director | – | $0 |
| Dennis Barnes | Director Trustee or director | – | $0 |
| Lori Perine | Director Trustee or director | – | $0 |
| Greg Davis | Director Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 10120 APPLE RIDGE RD, MONTGOMRY VLG, MD 20886-1030
- Principal officer (990 for 2025)
- Deborah Vermillion, 10120 Apple Ridge Rd, Montgomery Village, MD 20886
- Signed the 990
- Deborah Vermillion, President
- Phone
- (301) 948-0121
- Website
- montgomeryvillage.com
- Return prepared by
- GOLDKLANG GROUP CPAS PC
Mission
Maintenance of common property
Program accomplishments
- The Corporation was organized to collectively maintain and preserve the commonly owned property and amenities for the pleasure and benefit of the general public.Expenses $763,050 · revenue $743,774
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 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 | 990 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
- 52-0858257
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,505,173
- Income (IRS master file)
- $845,692
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $743,774 | $829,298 | $2,505,173 | XML |
| 990 | December 2024 | $572,832 | $665,542 | $2,662,207 | XML |
| 990 | December 2023 | $560,437 | $308,913 | $2,670,497 | XML |
| 990 | December 2022 | $542,266 | $1,127,078 | $2,464,483 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 52-0858257).
Questions about WHETSTONE HOMES CORPORATION
- What is the EIN of WHETSTONE HOMES CORPORATION?
- The employer identification number (EIN) of WHETSTONE HOMES CORPORATION is 52-0858257.
- Is WHETSTONE HOMES CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1970.
- Are donations to WHETSTONE HOMES CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WHETSTONE HOMES CORPORATION 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 WHETSTONE HOMES CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WHETSTONE HOMES CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of WHETSTONE HOMES CORPORATION?
- The 990 for the year ended December 31, 2025 names Deborah Vermillion.
- Who are the officers and directors of WHETSTONE HOMES CORPORATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does WHETSTONE HOMES CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $743,774, expenses of $829,298 and total assets of $2,505,173 at year end.
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