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Nonprofit · EIN 55-0748246

PARKERSBURG AREA COMMUNITY FOUNDATION INC

Tax-exempt · PARKERSBURG, WV 26102

Financials

$8.7M$4M2023$12M$4.5M2024
Revenue Expenses · by fiscal year end
Financials of PARKERSBURG AREA COMMUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$11,960,190$4,451,474$7,508,716$98,290,907$3,357,461$94,933,446
June 30, 2024990$8,697,778$4,006,931$4,690,847$87,927,274$3,470,767$84,456,507
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,555,686
Program service revenue
$0
Investment income
$6,403,149
Net gain from sales of assets
$3,512,650
Other revenue
$1,355

Expenses

Grants and similar amounts paid
$3,377,868
Compensation of officers, directors and key employees
$107,176
Other salaries and wages
$259,239
Salaries, compensation and benefits (total)
$435,738
Professional fundraising fees
$0
Accounting fees
$35,368
Depreciation
$22,682
Program services (functional)
$3,543,224
Management and general (functional)
$890,616
Fundraising (functional)
$17,634

Balance sheet and other

Total assets, start of year
$87,927,274
Total assets, end of year
$98,290,907
Total liabilities, end of year
$3,357,461
Net assets, end of year
$94,933,446
Land, buildings and equipment
$276,584
Publicly traded securities
$96,741,258
Net assets without donor restrictions
$13,335,707
Net assets with donor restrictions
$81,597,739
Gross receipts
$11,960,190
Employees
5
Volunteers
200
Year formed
1996
State of legal domicile
WV

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
FRED RADEREXECUTIVE DIRECTOR
Trustee or director, Officer
50$107,176
GREG COTTRILLBOARD MEMBER
Trustee or director
1$0
JEAN FREELANDBOARD MEMBER
Trustee or director
1$0
CHUCK HUDSONBOARD MEMBER
Trustee or director
1$0
ANN BECKBOARD MEMBER
Trustee or director
1$0
MARY ANNE KETELSENBOARD MEMBER
Trustee or director
1$0
CYNTHIA BROWNBOARD MEMBER
Trustee or director
1$0
KAM LAWSONBOARD MEMBER
Trustee or director
1$0
MARIE E CALTRIDERCHAIRPERSON
Trustee or director, Officer
1$0
LINDA GERRARDBOARD MEMBER
Trustee or director
1$0
JOSHUA CAMPBELLBOARD MEMBER
Trustee or director
1$0
JANE IRVINEBOARD MEMBER
Trustee or director
1$0
RYAN KENTVICE-CHAIRPERSON
Trustee or director, Officer
1$0
TOM WHALINGCHAIRPERSON
Trustee or director, Officer
1$0
LYNN ERBBOARD MEMBER
Trustee or director
1$0
8 more people on this return
NameTitleHours / weekCompensation
BRYAN REAMBOARD MEMBER
Trustee or director
1$0
ROBERT WRIGHTBOARD MEMBER
Trustee or director
1$0
JAYNE WHITLOWBOARD MEMBER
Trustee or director
1$0
LEXI MILLERSECRETARY
Trustee or director, Officer
1$0
DAVE MCCLUREBOARD MEMBER
Trustee or director
1$0
AMY CARUTHERSBOARD MEMBER
Trustee or director
1$0
RANDY DICKTREASURER
Trustee or director, Officer
1$0
JIM BENNETTBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 25 people
NameTitleHours / weekCompensation
FRED RADERCO-EXECUTIVE DIRECTOR
Trustee or director, Officer
50$95,680
JUDY SJOSTEDTCO-EXECUTIVE DIRECTOR
Trustee or director, Officer
50$51,923
GREG COTTRILLBOARD MEMBER
Trustee or director
1$0
JEAN FREELANDBOARD MEMBER
Trustee or director
1$0
CHUCK HUDSONBOARD MEMBER
Trustee or director
1$0
ANN BECKSECRETARY
Trustee or director, Officer
1$0
MARY ANNE KETELSENBOARD MEMBER
Trustee or director
1$0
CYNTHIA BROWNBOARD MEMBER
Trustee or director
1$0
KAM LAWSONBOARD MEMBER
Trustee or director
1$0
MARIE E CALTRIDERCHAIRPERSON
Trustee or director, Officer
1$0
DOUG KREINIKBOARD MEMBER
Trustee or director
1$0
LINDA GERRARDBOARD MEMBER
Trustee or director
1$0
JOSHUA CAMPBELLBOARD MEMBER
Trustee or director
1$0
JANE IRVINEBOARD MEMBER
Trustee or director
1$0
RYAN KENTTREASURER
Trustee or director, Officer
1$0
TOM WHALINGVICE-CHAIRPERSON
Trustee or director, Officer
1$0
LYNN ERBBOARD MEMBER
Trustee or director
1$0
BRYAN REAMBOARD MEMBER
Trustee or director
1$0
ROBERT WRIGHTBOARD MEMBER
Trustee or director
1$0
JAYNE WHITLOWBOARD MEMBER
Trustee or director
1$0
ALICE HARRISBOARD MEMBER
Trustee or director
1$0
LEXI MILLERBOARD MEMBER
Trustee or director
1$0
DAVE MCCLUREBOARD MEMBER
Trustee or director
1$0
AMY CARUTHERSBOARD MEMBER
Trustee or director
1$0
RANDY DICKBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 1762, PARKERSBURG, WV 26102-1762
In care of
% JUDY SJOSTEDT
Principal officer (990 for 2024)
FRED RADER, 1620 PARK AVENUE, PARKERSBURG, WV 26102
Signed the 990
FRED RADER, EXECUTIVE DIRECTOR
Phone
(304) 428-4438
Return prepared by
SUTTLE & STALNAKER PLLC

Mission

WE SERVE OUR REGION'S CITIZENS BY PROVIDING LEADERSHIP AND INSPIRING PEOPLE TO BUILD PERMANENT RESOURCES FOR THE BETTERMENT OF THEIR COMMUNITIES THROUGH THE FOUNDATION. OUR VISION IS THAT OUR FOUNDATION WILL HOLD A VITAL ROLE IN OUR REGION SUPPORTING PEOPLE WHO WORK TOGETHER TO BUILD RESOURCES AND TO APPLY LEADERSHIP, CREATING A BETTER PLACE FOR CITIZENS TODAY AND TOMORROW.

990 for the year ended June 30, 2025

Program accomplishments

  • COMMUNITY ACTION GRANTS AND HORNBROOK FUND GRANTS THAT ARE AWARDED VIA A COMPETITIVE GRANT MAKING PROCESS FROM THE FOUNDATION'S UNRESTRICTED AND FIELD-OF-INTEREST FUNDS.
    Expenses $21,200 · grants $21,200
  • SCHOLARSHIP RECIPIENTS; FUNDS LIST SPECIFIC CRITERIA BY WHICH RECIPIENTS ARE TO BE CHOSEN. THIS INCLUDES FINANCIAL NEED AND ACADEMIC ACHIEVEMENT. SCHOLARSHIP REVIEW COMMITTEES ARE ESTABLISHED BY THE FOUNDATION ACCORDING TO ITS 'SCHOLARSHIP POLICY', AND IN COMPLIANCE WITH H.R.4. MEMBERS TO SUCH COMMITTEES ARE APPROVED BY THE FOUNDATION'S BOARD ANNUALLY AND ASSIST IN THE REVIEW OF CANDIDATES BASED ON THE FUND'S SELECTION CRITERIA AND RECOMMEND RECIPIENTS TO THE FOUNDATION'S BOARD. ALL SCHOLARSHIPS ARE AWARDED WITHOUT REGARD TO RACE, SEX, OR CREED. RECIPIENTS ARE REQUIRED TO SUBMIT EVIDENCE OF POST-HIGH SCHOOL QUALIFIED EDUCATIONAL INSTITUTION ENROLLMENT, AND SUBMIT TRANSCRIPTS OR OTHER EVIDENCE OF ACADEMIC PROGRESS EACH YEAR.
    Expenses $555,605 · grants $555,605
  • GRANTMAKING FROM ALL OTHER RESTRICTED FUNDS, SPECIAL CAMPAIGNS AND GRANTS RECEIVED BY THE FOUNDATION AND DISTRIBUTED BY THE FOUNDATION FOR THEIR INTENDED PURPOSES. THIS INCLUDES: DESIGNATED FUNDS, DONOR ADVISED FUNDS AND AGENCY ENDOWMENT AND AGENCY DESIGNATED FUNDS; THE GIVE LOCAL MOV CAMPAIGN; AND GRANTS ASSIGNED TO SPECIFIC PROJECTS, GEOGRAPHIC COMMUNITIES AND GRANTS FOR ADMINISTRATIVE PURPOSES.
    Expenses $2,966,419 · grants $2,801,063

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
55-0748246
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
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$98,290,907
Income (IRS master file)
$11,960,190

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$11,960,190$4,451,474$98,290,907XML
990June 2024$8,697,778$4,006,931$87,927,274XML
990June 2023$5,344,767$4,971,800$79,687,402IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 55-0748246).

Questions about PARKERSBURG AREA COMMUNITY FOUNDATION INC

What is the EIN of PARKERSBURG AREA COMMUNITY FOUNDATION INC?
The employer identification number (EIN) of PARKERSBURG AREA COMMUNITY FOUNDATION INC is 55-0748246.
Is PARKERSBURG AREA COMMUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to PARKERSBURG AREA COMMUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PARKERSBURG AREA COMMUNITY FOUNDATION INC 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 PARKERSBURG AREA COMMUNITY FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PARKERSBURG AREA COMMUNITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PARKERSBURG AREA COMMUNITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names FRED RADER.
Who are the officers and directors of PARKERSBURG AREA COMMUNITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 23 people; 1 received compensation from the organization, the highest $107,176 (FRED RADER, EXECUTIVE DIRECTOR).
How much revenue does PARKERSBURG AREA COMMUNITY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $11,960,190, expenses of $4,451,474 and total assets of $98,290,907 at year end.

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