Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 54-6062436

ELIS OLSSON MEMORIAL FOUNDATION

Tax-exempt · WEST POINT, VA 23181

Financials

$62K$521K2023$532K$506K2024$1M$506K2025
Revenue Expenses · by fiscal year end
Financials of ELIS OLSSON MEMORIAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,010,890$506,373$504,517$10,532,186$0$10,532,186
December 31, 2024990-PF$532,102$506,353$25,749$10,032,653$0$10,032,653
December 31, 2023990-PF$61,664$521,192-$459,528$10,012,039$0$10,012,039
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$323,730
Net gain from sales of assets
$687,160

Expenses

Grants and similar amounts paid
$400,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$400,000
Excise tax on investment income
$12,590

Balance sheet and other

Total assets, start of year
$10,032,653
Total assets, end of year
$10,532,186
Total liabilities, end of year
$0
Net assets, end of year
$10,532,186
Fair market value of assets
$12,345,769
Qualifying distributions
$400,000
Net investment income
$1,010,890

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.

NameTitleHours / weekCompensation
C ELIS OLSSON
PO BOX 300, WEST POINT, VA 23181
PRESIDENT & CHAIRMAN0$0
LISA O EVERETT
321 STURGEON DRIVE, NAGS HEAD, NC 27959
SECRETARY/TREASURER & DIRECTOR3$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
C ELIS OLSSON
4170 TANAGER COURT, WEST POINT, VA 23181
PRESIDENT & CHAIRMAN0$0
SHIRLEY C OLSSON
BOX 300 ROMANCOKE FARM, WEST POINT, VA 23181
VICE PRESIDENT & DIRECTOR0$0
LISA O EVERETT
321 STURGEON DRIVE, NAGS HEAD, NC 27959
SECRETARY/TREASURER & DIRECTOR3$0
ANNE O LOEBS
2212 CROYDON ROAD, CHARLOTTESVILLE, VA 22901
DIRECTOR3$0
INGA O ROGERS
4605 SUNSET DRIVE, VERO BEACH, FL 32963
DIRECTOR3$0
THELMA L DOWNEY
2535 OAK LANE, WEST POINT, VA 23181
EXECUTIVE DIRECTOR30$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
C ELIS OLSSON
4170 TANAGER COURT, WEST POINT, VA 23181
PRESIDENT & CHAIRMAN0$0
SHIRLEY C OLSSON
BOX 300 ROMANCOKE FARM, WEST POINT, VA 23181
VICE PRESIDENT & DIRECTOR0$0
LISA O EVERETT
321 STURGEON DRIVE, NAGS HEAD, NC 27959
SECRETARY/TREASURER & DIRECTOR3$0
ANNE O LOEBS
2212 CROYDON ROAD, CHARLOTTESVILLE, VA 22901
DIRECTOR3$0
INGA O ROGERS
4605 SUNSET DRIVE, VERO BEACH, FL 32963
DIRECTOR3$0
THELMA L DOWNEY
2535 OAK LANE, WEST POINT, VA 23181
EXECUTIVE DIRECTOR30$0

Address and contacts

Address (IRS master file)
PO BOX 300, WEST POINT, VA 23181-0300
In care of
% STURE G OLSSON
Signed the 990-PF
C ELIS OLSSON, PRESIDENT
Phone
(804) 366-2112
Return prepared by
KEITER STEPHENS HURST GARY & SHREAVES

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
54-6062436
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
1966
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$10,532,186
Income (IRS master file)
$5,512,696

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,010,890$506,373$10,532,186XML
990-PFDecember 2024$532,102$506,353$10,032,653IRS
990-PFDecember 2023$61,664$521,192$10,012,039XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 54-6062436).

Questions about ELIS OLSSON MEMORIAL FOUNDATION

What is the EIN of ELIS OLSSON MEMORIAL FOUNDATION?
The employer identification number (EIN) of ELIS OLSSON MEMORIAL FOUNDATION is 54-6062436.
Is ELIS OLSSON MEMORIAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to ELIS OLSSON MEMORIAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ELIS OLSSON MEMORIAL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ELIS OLSSON MEMORIAL 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 ELIS OLSSON MEMORIAL 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 ELIS OLSSON MEMORIAL FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does ELIS OLSSON MEMORIAL FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,010,890, expenses of $506,373 and total assets of $10,532,186 at year end.

Other nonprofits in WEST POINT

All nonprofits in WEST POINT · Virginia