Nonprofit · EIN 52-1642558
RICHARD A HENSON CHARITABLE FOUNDATION INC
Tax-exempt · SALISBURY, MD 21801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $4,782,134 | $2,902,000 | $1,880,134 | $38,551,344 | $740 | $38,550,604 |
| December 31, 2024 | 990-PF | $2,595,779 | $1,792,222 | $803,557 | $36,674,438 | $3,968 | $36,670,470 |
| December 31, 2023 | 990-PF | $2,602,213 | $2,464,683 | $137,530 | $35,866,913 | $0 | $35,866,913 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $9,000
- Dividends
- $1,126,767
- Interest
- $6,399
- Net gain from sales of assets
- $3,591,300
Expenses
- Grants and similar amounts paid
- $2,599,977
- Compensation of officers, directors and key employees
- $70,846
- Disbursements for charitable purposes
- $2,702,987
- Excise tax on investment income
- $63,755
Balance sheet and other
- Total assets, start of year
- $36,674,438
- Total assets, end of year
- $38,551,344
- Total liabilities, end of year
- $740
- Net assets, end of year
- $38,550,604
- Fair market value of assets
- $52,068,861
- Qualifying distributions
- $2,702,987
- Net investment income
- $4,773,134
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACEY MCMICHAEL 200 WEST MAIN STREET, SALISBURY, MD 21801 | EXECUTIVE DIRECTOR Highest-paid employee | 35 | $70,846 |
| STEPHEN R FARROW 200 WEST MAIN STREET, SALISBURY, MD 21801 | TRUSTEE | 2 | $0 |
| SUSANNE A HOLLOWAY 200 WEST MAIN STREET, SALISBURY, MD 21801 | VICE CHAIR/TREASURER | 2 | $0 |
| JON P SHERWELL 200 WEST MAIN STREET, SALISBURY, MD 21801 | SECRETARY | 2 | $0 |
| THOMAS H EVANS 200 WEST MAIN STREET, SALISBURY, MD 21801 | TRUSTEE | 2 | $0 |
| VICTOR H LAWS III 200 WEST MAIN STREET, SALISBURY, MD 21801 | TRUSTEE | 2 | $0 |
| GREGORY J OLINDE 200 WEST MAIN STREET, SALISBURY, MD 21801 | CHAIRMAN | 2 | $0 |
| CYNTHIA MACDONALD 200 WEST MAIN STREET, SALISBURY, MD 21801 | TRUSTEE | 2 | $0 |
990-PF for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACEY MCMICHAEL 200 WEST MAIN STREET, SALISBURY, MD 21801 | EXECUTIVE DIRECTOR Highest-paid employee | 35 | $68,098 |
| STEPHEN R FARROW 200 WEST MAIN STREET, SALISBURY, MD 21801 | TRUSTEE | 2 | $0 |
| SUSANNE A HOLLOWAY 200 WEST MAIN STREET, SALISBURY, MD 21801 | VICE CHAIR/TREASURER | 2 | $0 |
| JON P SHERWELL 200 WEST MAIN STREET, SALISBURY, MD 21801 | SECRETARY | 2 | $0 |
| THOMAS H EVANS 200 WEST MAIN STREET, SALISBURY, MD 21801 | TRUSTEE | 2 | $0 |
| VICTOR H LAWS III 200 WEST MAIN STREET, SALISBURY, MD 21801 | TRUSTEE | 2 | $0 |
| GREGORY J OLINDE 200 WEST MAIN STREET, SALISBURY, MD 21801 | CHAIRMAN | 2 | $0 |
| CYNTHIA MACDONALD 200 WEST MAIN STREET, SALISBURY, MD 21801 | TRUSTEE | 2 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACEY MCMICHAEL 200 WEST MAIN STREET, SALISBURY, MD 21801 | EXECUTIVE DIRECTOR Highest-paid employee | 35 | $65,648 |
| STEPHEN R FARROW 200 WEST MAIN STREET, SALISBURY, MD 21801 | TRUSTEE | 2 | $0 |
| SUSANNE A HOLLOWAY 200 WEST MAIN STREET, SALISBURY, MD 21801 | TREASURER | 2 | $0 |
| JON P SHERWELL 200 WEST MAIN STREET, SALISBURY, MD 21801 | SECRETARY | 2 | $0 |
| THOMAS H EVANS 200 WEST MAIN STREET, SALISBURY, MD 21801 | CHAIRMAN | 2 | $0 |
| VICTOR H LAWS III 200 WEST MAIN STREET, SALISBURY, MD 21801 | TRUSTEE | 2 | $0 |
| GREGORY J OLINDE 200 WEST MAIN STREET, SALISBURY, MD 21801 | VICE CHAIRMAN | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 200 W MAIN ST, SALISBURY, MD 21801-4907
- Signed the 990-PF
- SUSANNE HOLLOWAY, TREASURER
- Phone
- (410) 742-7057
- Website
- RICHARDHENSONFOUNDATION.ORG
- Return prepared by
- PKS & COMPANY 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 | 990-PF 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
- 52-1642558
- 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
- 1990
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $38,551,344
- Income (IRS master file)
- $137,425,645
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $4,782,134 | $2,902,000 | $38,551,344 | XML |
| 990-PF | December 2024 | $2,595,779 | $1,792,222 | $36,674,438 | XML |
| 990-PF | December 2023 | $2,602,213 | $2,464,683 | $35,866,913 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 52-1642558).
Questions about RICHARD A HENSON CHARITABLE FOUNDATION INC
- What is the EIN of RICHARD A HENSON CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of RICHARD A HENSON CHARITABLE FOUNDATION INC is 52-1642558.
- Is RICHARD A HENSON CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to RICHARD A HENSON CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RICHARD A HENSON CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RICHARD A HENSON CHARITABLE FOUNDATION INC 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 RICHARD A HENSON CHARITABLE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of RICHARD A HENSON CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $70,846 (STACEY MCMICHAEL, EXECUTIVE DIRECTOR).
- How much revenue does RICHARD A HENSON CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $4,782,134, expenses of $2,902,000 and total assets of $38,551,344 at year end.
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