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Nonprofit · EIN 54-6069177

HISTORIC LEXINGTON FOUNDATION

Tax-exempt · LEXINGTON, VA 24450

Financials

$72K$100K2023$119K$124K2024
Revenue Expenses · by fiscal year end
Financials of HISTORIC LEXINGTON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$119,424$124,107-$4,683$1,310,995$19,429$1,291,566
December 31, 2023990$72,038$99,849-$27,811$1,213,828$4,750$1,209,078
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$54,318
Program service revenue
$4,752
Investment income
$60,354
Net gain from sales of assets
$28,057
Other revenue
$0

Expenses

Grants and similar amounts paid
$50,699
Compensation of officers, directors and key employees
$22,238
Salaries, compensation and benefits (total)
$22,238
Professional fundraising fees
$0
Accounting fees
$900
Occupancy
$11,910
Program services (functional)
$82,536
Management and general (functional)
$32,760
Fundraising (functional)
$8,811

Balance sheet and other

Total assets, start of year
$1,213,828
Total assets, end of year
$1,310,995
Total liabilities, end of year
$19,429
Net assets, end of year
$1,291,566
Net assets without donor restrictions
$1,291,566
Gross receipts
$416,540
Employees
0
Volunteers
0
Year formed
1966
State of legal domicile
VA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARGARET SAMDAHLEXECUTIVE DIRECTOR
Trustee or director, Officer
20$22,238
LARRY WIESEPRESIDENT
Trustee or director, Officer
0$0
JIM BUSCHVICE PRESIDENT
Trustee or director, Officer
0$0
CHARLES RAPPOLDTREASURER
Trustee or director, Officer
0$0
LINDA PRESLEY-BEAUFORDSECRETARY
Trustee or director, Officer
0$0
DEE JOYCE-HAYESPAST PRESIDENT
Trustee or director
0$0
TOM CAMDENDIRECTOR
Trustee or director
0$0
TOM CONTOSDIRECTOR
Trustee or director
0$0
BYRON FAIDLEYDIRECTOR
Trustee or director
0$0
LESLIE GILESDIRECTOR
Trustee or director
0$0
CATHERINE HARCUSDIRECTOR
Trustee or director
0$0
JOAN HARDENDIRECTOR
Trustee or director
0$0
SUSAN MINORDIRECTOR
Trustee or director
0$0
BRUCE MACDONALDEMERITUS BOARD MEMBER
Trustee or director
0$0
MICHAEL PERRYDIRECTOR
Trustee or director
0$0
2 more people on this return
NameTitleHours / weekCompensation
NAN WOLFDIRECTOR
Trustee or director
0$0
NANCY SULLIVANDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
DON HASFURTHEREXECUTIVE DIRECTOR
Trustee or director, Officer
20$14,525
DEE JOYCE-HAYESPRESIDENT
Trustee or director, Officer
0$0
SUSAN MINORVICE PRESIDENT
Trustee or director, Officer
0$0
CHARLES RAPPOLDTREASURER
Trustee or director, Officer
0$0
LINDA PRESLEY-BEAUFORDSECRETARY
Trustee or director, Officer
0$0
LARRY WIESEPAST PRESIDENT
Trustee or director
0$0
JOAN HARDENDIRECTOR
Trustee or director
0$0
JIM BUSCHDIRECTOR
Trustee or director
0$0
CATHERINE HARCUSDIRECTOR
Trustee or director
0$0
SCOTT CENTORINODIRECTOR
Trustee or director
0$0
TOM CONTOSDIRECTOR
Trustee or director
0$0
BYRON FAIDLEYDIRECTOR
Trustee or director
0$0
TOM CAMDENDIRECTOR
Trustee or director
0$0
BRUCE MACDONALDEMERITUS BOARD MEMBER
Trustee or director
0$0
MERRIE-GAYLE MCNEMARDIRECTOR
Trustee or director
0$0
MICHAEL PERRYDIRECTOR
Trustee or director
0$0
NANCY SULLIVANDIRECTOR
Trustee or director
0$0
MARGARET SAMDAHLEXECUTIVE DIRECTOR
Trustee or director
0$0
LESLIE GILESDIRECTOR
Trustee or director
0$0
NAN WOLFDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
PO BOX 901, LEXINGTON, VA 24450-0901
Principal officer (990 for 2024)
LARRY WIESE, P O BOX 901, LEXINGTON, VA 24450
Signed the 990
CHARLES RAPPOLD, TREASURER
Phone
(540) 463-6832
Return prepared by
RAETZ & HAWKINS PC CPAS

Mission

HISTORIC LEXINGTON FOUNDATION (HLF) IS A NON-PROFIT ORGANIZATION PROMOTING THE PRESERVATION OF THE RICH ARCHITECTURAL AND RELATED HISTORIC RESOURCES OF ROCKBRIDGE COUNTY, VIRGINIA. INCORPORATED IN 1966, AT A TIME WHEN MANY OF LEXINGTON'S BUILDINGS WERE THREATENED WITH DEMOLITION BY NEGLECT, HLF TODAY SUPPORTS AND INTERPRETS THE HERITAGE AND FABRIC OF LEXINGTON, BUENA VISTA, AND ROCKBRIDGE COUNTY.

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATION OF THE PUBLIC ABOUT HISTORIC PRESERVATION, ACQUISITION, STABILIZATION, RESTORATION, RENOVATION AND REUSE OF HISTORIC PROPERTIES
    Expenses $31,837 · revenue $4,252
  • PRESERVATION AND HISTORIC MARKER PROGRAM
    Expenses $50,699 · grants $50,699 · revenue $500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-6069177
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
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,310,995
Income (IRS master file)
$416,540

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$119,424$124,107$1,310,995XML
990December 2023$72,038$99,849$1,213,828XML
990December 2022-$98,267$106,161$1,104,451IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-EZDecember 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 54-6069177).

Questions about HISTORIC LEXINGTON FOUNDATION

What is the EIN of HISTORIC LEXINGTON FOUNDATION?
The employer identification number (EIN) of HISTORIC LEXINGTON FOUNDATION is 54-6069177.
Is HISTORIC LEXINGTON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to HISTORIC LEXINGTON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HISTORIC LEXINGTON FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HISTORIC LEXINGTON FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HISTORIC LEXINGTON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HISTORIC LEXINGTON FOUNDATION?
The 990 for the year ended December 31, 2024 names LARRY WIESE.
Who are the officers and directors of HISTORIC LEXINGTON FOUNDATION?
The 990 for the year ended December 31, 2024 lists 17 people; 1 received compensation from the organization, the highest $22,238 (MARGARET SAMDAHL, EXECUTIVE DIRECTOR).
How much revenue does HISTORIC LEXINGTON FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $119,424, expenses of $124,107 and total assets of $1,310,995 at year end.

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