Nonprofit · EIN 54-6052010
MCCREA FOUNDATION
Tax-exempt · PLACIDA, FL 33946
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2026 | 990-PF | $841,944 | $372,837 | $469,107 | $6,874,083 | $134,712 | $6,739,371 |
| February 28, 2025 | 990-PF | $338,123 | $404,718 | -$66,595 | $6,392,083 | $121,810 | $6,270,273 |
| February 29, 2024 | 990-PF | $485,508 | $468,160 | $17,348 | $6,445,476 | $86,824 | $6,358,652 |
| February 28, 2023 | 990-PF | $355,718 | $463,063 | -$107,345 | $6,394,729 | $53,425 | $6,341,304 |
Financial details: 990-PF for the year ended February 28, 2026
Revenue
- Dividends
- $276,169
- Net gain from sales of assets
- $566,719
- Other income
- -$944
Expenses
- Grants and similar amounts paid
- $320,000
- Compensation of officers, directors and key employees
- $6,000
- Disbursements for charitable purposes
- $325,750
- Excise tax on investment income
- $11,090
Balance sheet and other
- Total assets, start of year
- $6,392,083
- Total assets, end of year
- $6,874,083
- Total liabilities, end of year
- $134,712
- Net assets, end of year
- $6,739,371
- Fair market value of assets
- $8,719,640
- Qualifying distributions
- $325,750
- Net investment income
- $842,888
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 February 28, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD C WELSH 11492 CREEKSIDE WAY, PLACIDA, FL 33946 | PRESIDENT | 5 | $1,500 |
| DAVID D WELSH 11492 CREEKSIDE WAY, PLACIDA, FL 33946 | SECRETARY | 5 | $1,500 |
| PHOEBE W MUZZY 11492 CREEKSIDE WAY, PLACIDA, FL 33946 | VICE PRESIDENT | 5 | $1,500 |
| JOHN L WELSH 11492 CREEKSIDE WAY, PLACIDA, FL 33946 | VICE PRESIDENT | 5 | $1,500 |
990-PF for the year ended February 28, 2025: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD C WELSH 6011 DEERWOOD, HOUSTON, TX 77057 | PRESIDENT | 5 | $1,500 |
| DAVID D WELSH 6011 DEERWOOD, HOUSTON, TX 77057 | VICE PRESIDENT | 5 | $1,500 |
| PHOEBE W MUZZY 6011 DEERWOOD, HOUSTON, TX 77057 | VICE PRESIDENT | 5 | $1,500 |
| JOHN L WELSH 6011 DEERWOOD, HOUSTON, TX 77057 | VICE PRESIDENT | 5 | $1,500 |
990-PF for the year ended February 29, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD C WELSH 6011 DEERWOOD, HOUSTON, TX 77057 | PRESIDENT | 5 | $1,500 |
| DAVID D WELSH 6011 DEERWOOD, HOUSTON, TX 77057 | VICE PRESIDENT/SECRETARY | 5 | $1,500 |
| PHOEBE W MUZZY 6011 DEERWOOD, HOUSTON, TX 77057 | VICE PRESIDENT/TREASURER | 5 | $1,500 |
| JOHN L WELSH 6011 DEERWOOD, HOUSTON, TX 77057 | VICE PRESIDENT/ASST TREASU | 5 | $1,500 |
990-PF for the year ended February 28, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD C WELSH 6011 DEERWOOD, HOUSTON, TX 77057 | PRESIDENT | 5 | $0 |
| DAVID D WELSH 6011 DEERWOOD, HOUSTON, TX 77057 | VICE PRESIDENT/SECRETARY | 5 | $0 |
| PHOEBE W MUZZY 6011 DEERWOOD, HOUSTON, TX 77057 | VICE PRESIDENT/TREASURER | 5 | $0 |
| JOHN L WELSH 6011 DEERWOOD, HOUSTON, TX 77057 | VICE PRESIDENT/ASST TREASU | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 11492 CREEKSIDE WAY, PLACIDA, FL 33946-2353
- In care of
- % NORTHERN TRUST COMPANY SUCC TTEE
- Signed the 990-PF
- EDWARD C WELSH, PRESIDENT
- Phone
- (503) 888-1085
- Return prepared by
- WHITLEY PENN LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | 990-PF on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990-PF on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990-PF on file |
IRS record
- EIN
- 54-6052010
- 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
- 1961
- Accounting year ends
- February
- Files
- Form 990-PF
- Assets (IRS master file)
- $6,874,083
- Income (IRS master file)
- $841,962
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | February 2026 | $841,944 | $372,837 | $6,874,083 | XML |
| 990-T | February 2026 | – | – | – | IRS |
| 990-PF | February 2025 | $338,123 | $404,718 | $6,392,083 | XML |
| 990-T | February 2025 | – | – | – | IRS |
| 990-PF | February 2024 | $485,508 | $468,160 | $6,445,476 | XML |
| 990-T | February 2024 | – | – | – | IRS |
| 990-PF | February 2023 | $355,718 | $463,063 | $6,394,729 | XML |
| 990-T | February 2023 | – | – | – | IRS |
| 990-PF | February 2022 | – | – | – | IRS |
| 990-T | February 2022 | – | – | – | IRS |
| 990-PF | February 2021 | – | – | – | IRS |
| 990-T | February 2021 | – | – | – | IRS |
| 990-PF | February 2020 | – | – | – | 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 54-6052010).
Questions about MCCREA FOUNDATION
- What is the EIN of MCCREA FOUNDATION?
- The employer identification number (EIN) of MCCREA FOUNDATION is 54-6052010.
- Is MCCREA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
- Are donations to MCCREA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MCCREA FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MCCREA FOUNDATION due?
- The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MCCREA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended February 2026.
- Who are the officers and directors of MCCREA FOUNDATION?
- The 990-PF for the year ended February 28, 2026 lists 4 people; 4 received compensation from the organization, the highest $1,500 (EDWARD C WELSH, PRESIDENT).
- How much revenue does MCCREA FOUNDATION have?
- On its 990-PF for the year ended February 28, 2026 it reported revenue of $841,944, expenses of $372,837 and total assets of $6,874,083 at year end.
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