Nonprofit · EIN 54-1442707
TOWN FOUNDATION
Tax-exempt · NORFOLK, VA 23507
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $225,451 | $114,771 | $110,680 | $1,750,908 | $11,317 | $1,739,591 |
| December 31, 2024 | 990-PF | $127,164 | $97,777 | $29,387 | $1,646,754 | $1,116 | $1,645,638 |
| December 31, 2023 | 990-PF | $32,422 | $92,072 | -$59,650 | $1,556,683 | $0 | $1,556,683 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $43,019
- Interest
- $24
- Net gain from sales of assets
- $182,408
Expenses
- Grants and similar amounts paid
- $93,600
- Disbursements for charitable purposes
- $96,336
- Excise tax on investment income
- $2,918
Balance sheet and other
- Total assets, start of year
- $1,646,754
- Total assets, end of year
- $1,750,908
- Total liabilities, end of year
- $11,317
- Net assets, end of year
- $1,739,591
- Fair market value of assets
- $1,750,908
- Qualifying distributions
- $96,336
- Net investment income
- $225,451
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 |
|---|---|---|---|
| YVONNE T ALLMOND 109 EAST MAIN STREET, NORFOLK, VA 23510 | PRESIDENT | 0 | $0 |
| WILSON B DODSON 935 GRAYDON AVENUE, NORFOLK, VA 23507 | V/P | 0 | $0 |
| BRUCE LONGMAN 5220 ROLLESTON DR, VIRGINIA BEACH, VA 23464 | TREASURER | 0 | $0 |
| KAY R EGAN 307 BURLEIGH AVE, NORFOLK, VA 23505 | SECRETARY | 0 | $0 |
| SUSAN LONGMAN 4020 CATESBY JONES DRIVE, HAMPTON, VA 23669 | DIRECTOR | 0 | $0 |
| RAMIN ALIMARD 1101 FIRST COLONIAL ROAD STE 300, VIRGINIA BEACH, VA 23454 | DIRECTOR | 0 | $0 |
| HOWARD E GORDON 111A 84TH STREET, VIRGINIA BEACH, VA 23451 | DIRECTOR | 0 | $0 |
| JONATHAN CLARK 1058 MANCHESTER AVENUE, NORFOLK, VA 23508 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YVONNE T ALLMOND 109 EAST MAIN STREET, NORFOLK, VA 23510 | PRESIDENT | 0 | $0 |
| WILSON B DODSON 935 GRAYDON AVENUE, NORFOLK, VA 23507 | V/P | 0 | $0 |
| BRUCE LONGMAN 5220 ROLLESTON DR, VIRGINIA BEACH, VA 23464 | TREASURER | 0 | $0 |
| KAY R EGAN 307 BURLEIGH AVE, NORFOLK, VA 23505 | SECRETARY | 0 | $0 |
| SUSAN LONGMAN 4020 CATESBY JONES DRIVE, HAMPTON, VA 23669 | DIRECTOR | 0 | $0 |
| RAMIN ALIMARD 1101 FIRST COLONIAL ROAD STE 300, VIRGINIA BEACH, VA 23454 | DIRECTOR | 0 | $0 |
| HOWARD E GORDON PO BOX 3460, NORFOLK, VA 23514 | DIRECTOR | 0 | $0 |
| JOSEPH ROBBINS 4124 HERMITAGE POINT, VIRGINIA BEACH, VA 23455 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YVONNE T ALLMOND 109 EAST MAIN STREET, NORFOLK, VA 23510 | PRESIDENT | 0 | $0 |
| WILSON B DODSON 935 GRAYDON AVENUE, NORFOLK, VA 23507 | V/P | 0 | $0 |
| BRUCE LONGMAN 5220 ROLLESTON DR, VIRGINIA BEACH, VA 23464 | TREASURER | 0 | $0 |
| KAY R EGAN 307 BURLEIGH AVE, NORFOLK, VA 23505 | SECRETARY | 0 | $0 |
| SUSAN LONGMAN 4020 CATESBY JONES DRIVE, HAMPTON, VA 23669 | DIRECTOR | 0 | $0 |
| RAMIN ALIMARD 1101 FIRST COLONIAL ROAD STE 300, VIRGINIA BEACH, VA 23454 | DIRECTOR | 0 | $0 |
| HOWARD E GORDON PO BOX 3460, NORFOLK, VA 23514 | DIRECTOR | 0 | $0 |
| JOSEPH ROBBINS 4124 HERMITAGE POINT, VIRGINIA BEACH, VA 23455 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 935 GRAYDON AVE, NORFOLK, VA 23507-1207
- Signed the 990-PF
- BRUCE LONGMAN, TREASURER
- Phone
- (757) 625-7849
- Return prepared by
- SAUNDERS MATTHEWS & PFITZNER PLLC
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
- 54-1442707
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,750,908
- Income (IRS master file)
- $685,378
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $225,451 | $114,771 | $1,750,908 | XML |
| 990-PF | December 2024 | $127,164 | $97,777 | $1,646,754 | XML |
| 990-PF | December 2023 | $32,422 | $92,072 | $1,556,683 | 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 54-1442707).
Questions about TOWN FOUNDATION
- What is the EIN of TOWN FOUNDATION?
- The employer identification number (EIN) of TOWN FOUNDATION is 54-1442707.
- Is TOWN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to TOWN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TOWN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TOWN FOUNDATION 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 TOWN FOUNDATION 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 TOWN FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does TOWN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $225,451, expenses of $114,771 and total assets of $1,750,908 at year end.
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