Nonprofit · EIN 54-1875431
INSTITUTE FOR LEARNING IN RETIREMENT
Tax-exempt · VIRGINIA BEACH, VA 23453
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2026 | 990-EZ | $35,603 | $41,612 | -$6,009 | $42,465 | $1,531 | $40,934 |
| May 31, 2025 | 990-EZ | $43,886 | $43,196 | $690 | $49,260 | $2,317 | $46,943 |
| May 31, 2024 | 990-EZ | $45,156 | $44,946 | $210 | $48,823 | $2,570 | $46,253 |
Financial details: 990-EZ for the year ended May 31, 2026
Revenue
- Contributions, gifts and grants
- $530
- Membership dues
- $6,800
- Program service revenue
- $26,903
- Investment income
- $1,370
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $23,002
- Other expenses
- $18,610
- Program services (functional)
- $9,364
Balance sheet and other
- Total assets, start of year
- $49,260
- Total assets, end of year
- $42,465
- Total liabilities, end of year
- $1,531
- Net assets, end of year
- $40,934
- Cash, savings and investments
- $42,343
- Gross receipts
- $35,603
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-EZ for the year ended May 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Clarke | President | 10 | $0 |
| Pat Dryer | Vice President & Membership Committee Chair | 6 | $0 |
| Anita Chastain | Secretary | 6 | $0 |
| Sandra Fallon | Treasurer | 10 | $0 |
| Kathy Balakrishnan | Director At-Large | 4 | $0 |
| Patty Flowers | Director At-Large | 4 | $0 |
| Fran Scott | Director & Publicity Chair | 4 | $0 |
| Faith Sullivan | Director & Social Committee Chair | 4 | $0 |
| Ken Chastain | Director & Technology Chair | 4 | $0 |
| Linda Parish | Director & Volunteer Committee Chair | 4 | $0 |
990-EZ for the year ended May 31, 2025: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Clarke | President | 10 | $0 |
| Pat Dryer | Vice President & Membership Committee Chair | 6 | $0 |
| Anita Chastain | Secretary | 6 | $0 |
| Sandra Fallon | Treasurer | 10 | $0 |
| Kathy Balakrishnan | Director At-Large | 4 | $0 |
| Barbara DiGiorgio | Director At-Large | 4 | $0 |
| Linda Dye | Past President | 6 | $0 |
| June Kates | Director & Curriculum Chair | 4 | $0 |
| Fran Scott | Director & Publicity Chair | 4 | $0 |
| Faith Sullivan | Director & Social Committee Chair | 4 | $0 |
| Ken Chastain | Director & Technology Chair | 4 | $0 |
| Linda Parish | Director & Volunteer Committee Chair | 4 | $0 |
990-EZ for the year ended May 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Linda Dye | President | 10 | $0 |
| John Hammond | Vice President | 6 | $0 |
| Anita Chastain | Secretary | 6 | $0 |
| Sandra Fallon | Treasurer | 10 | $0 |
| Kathy Balakrishnan | Director At-Large | 4 | $0 |
| Barbara DiGiorgio | Director At-Large | 4 | $0 |
| Roz Gillett | Director & Curriculum Committee Chair | 10 | $0 |
| Pat Dryer | Director & Membership Committee Chair | 4 | $0 |
| Fran Scott | Director & Publicity Chair | 4 | $0 |
| Susan Clarke | Director & Social Committee Chair | 4 | $0 |
| Betty Callahan | Director & Travel Committee Chair | 4 | $0 |
| Linda Parish | Director & Volunteer Committee Chair | 4 | $0 |
| Ken Chastain | Director & Communications & Technology Chair | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1700 COLLEGE CRESCENT A-103, VIRGINIA BEACH, VA 23453-1918
- In care of
- % INSTITUTE FOR LEARNING IN
- Signed the 990-EZ
- Sandra Fallon, Treasurer
- Phone
- (757) 756-4861
- Website
- ilrvb.org
Mission
Non-credit education, social, and travel programs for seniors.
Program accomplishments
- Education Program: Offered 57 two-hour lectures with approximately 1465 total participants.Expenses $5,200
- Social Program: Offered 10 social events at outside venues with approximately 260 total participants.Expenses $3,569
- Travel Program: Due to cost constraints, no travel activities were conducted this year.
- Other program services: Offered Book Group, Game Group, Great Decisions, and Travel special interest groups with approximately 80 participants.Expenses $595
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | 990-EZ on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990-EZ on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 54-1875431
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- May
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $42,465
- Income (IRS master file)
- $35,603
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | May 2026 | $35,603 | $41,612 | $42,465 | XML |
| 990-EZ | May 2025 | $43,886 | $43,196 | $49,260 | XML |
| 990-EZ | May 2024 | $45,156 | $44,946 | $48,823 | XML |
| 990-EZ | May 2023 | – | – | – | IRS |
| 990-EZ | May 2022 | – | – | – | 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 54-1875431).
Questions about INSTITUTE FOR LEARNING IN RETIREMENT
- What is the EIN of INSTITUTE FOR LEARNING IN RETIREMENT?
- The employer identification number (EIN) of INSTITUTE FOR LEARNING IN RETIREMENT is 54-1875431.
- Is INSTITUTE FOR LEARNING IN RETIREMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to INSTITUTE FOR LEARNING IN RETIREMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR LEARNING IN RETIREMENT file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of INSTITUTE FOR LEARNING IN RETIREMENT due?
- The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE FOR LEARNING IN RETIREMENT last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended May 2026.
- Who are the officers and directors of INSTITUTE FOR LEARNING IN RETIREMENT?
- The 990-EZ for the year ended May 31, 2026 lists 10 people; 0 received compensation from the organization.
- How much revenue does INSTITUTE FOR LEARNING IN RETIREMENT have?
- On its 990-EZ for the year ended May 31, 2026 it reported revenue of $35,603, expenses of $41,612 and total assets of $42,465 at year end.
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