Nonprofit · EIN 55-6000663
PARKS SYSTEM TR FUND
Tax-exempt · WHEELING, WV 26003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,572,834 | $1,322,976 | $1,249,858 | $24,092,281 | $33,044 | $24,059,237 |
| December 31, 2024 | 990 | $2,361,654 | $2,338,521 | $23,133 | $21,650,277 | $163,012 | $21,487,265 |
| December 31, 2023 | 990 | $1,647,678 | $1,200,147 | $447,531 | $20,616,795 | $18,703 | $20,598,092 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $120,998
- Program service revenue
- $0
- Investment income
- $1,229,669
- Royalties
- $1,117,938
- Net gain from sales of assets
- $836,705
- Other revenue
- $1,222,167
Expenses
- Grants and similar amounts paid
- $1,212,853
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $497
- Accounting fees
- $31,750
- Program services (functional)
- $1,291,226
- Management and general (functional)
- $31,750
Balance sheet and other
- Total assets, start of year
- $21,650,277
- Total assets, end of year
- $24,092,281
- Total liabilities, end of year
- $33,044
- Net assets, end of year
- $24,059,237
- Land, buildings and equipment
- $839,522
- Net assets without donor restrictions
- $6,196,879
- Net assets with donor restrictions
- $17,862,358
- Gross receipts
- $2,572,834
- Employees
- 0
- Volunteers
- 6
- Year formed
- 1945
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| R GREGORY MCDERMOTT | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| JOAN C STAMP | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DAVID H MCKINLEY | SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 |
| GENE FAHEY | DIRECTOR Trustee or director | 1 | $0 |
| JUSTIN SEIBERT | DIRECTOR Trustee or director | 1 | $0 |
| BOB PECKENPAUGH | PRESIDENT & CEO Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| R GREGORY MCDERMOTT | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| JOAN C STAMP | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DAVID H MCKINLEY | SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 |
| GENE FAHEY | DIRECTOR Trustee or director | 1 | $0 |
| JUSTIN SEIBERT | DIRECTOR Trustee or director | 1 | $0 |
| BOB PECKENPAUGH | PRESIDENT & CEO Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| R GREGORY MCDERMOTT | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| JOAN C STAMP | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DAVID H MCKINLEY | SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 |
| GENE FAHEY | DIRECTOR Trustee or director | 1 | $0 |
| JUSTIN SEIBERT | DIRECTOR Trustee or director | 1 | $0 |
| BOB PECKENPAUGH | PRESIDENT & CEO Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- OGLEBAY PARK, WHEELING, WV 26003-0000
- Principal officer (990 for 2025)
- KARL RADAKER, 465 LODGE DRIVE, WHEELING, WV 26003
- Signed the 990
- KARL RADAKER, DIRECTOR OF FINANCE
- Phone
- (304) 243-4011
- Return prepared by
- GOFF BACKA ALFERA & COMPANY LLC
Mission
TO SUPPORT THE PUBLIC PARKS OF WHEELING, OHIO COUNTY, WEST VIRGINIA.
Program accomplishments
- TO PROVIDE FOR THE CONTINUING EXISTENCE OF THE WHEELING PARK COMMISSION AND ITS OBJECTIVES OF MAINTAINING A PUBLIC PARK SYSTEM FOR THE BENEFIT OF THE GENERAL PUBLIC.Expenses $1,291,226 · grants $1,212,853 · revenue $2,058,872
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 55-6000663
- 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
- 1945
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $24,092,281
- Income (IRS master file)
- $2,572,834
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,572,834 | $1,322,976 | $24,092,281 | IRS |
| 990 | December 2024 | $2,361,654 | $2,338,521 | $21,650,277 | XML |
| 990 | December 2023 | $1,647,678 | $1,200,147 | $20,616,795 | XML |
| 990 | December 2022 | $1,149,663 | $1,940,660 | $18,140,801 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 55-6000663).
Questions about PARKS SYSTEM TR FUND
- What is the EIN of PARKS SYSTEM TR FUND?
- The employer identification number (EIN) of PARKS SYSTEM TR FUND is 55-6000663.
- Is PARKS SYSTEM TR FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1945.
- Are donations to PARKS SYSTEM TR FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARKS SYSTEM TR FUND 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 PARKS SYSTEM TR FUND 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 PARKS SYSTEM TR FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PARKS SYSTEM TR FUND?
- The 990 for the year ended December 31, 2025 names KARL RADAKER.
- Who are the officers and directors of PARKS SYSTEM TR FUND?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does PARKS SYSTEM TR FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,572,834, expenses of $1,322,976 and total assets of $24,092,281 at year end.
Other nonprofits in WHEELING
- THE HEALTH PLAN OF WEST VIRGINIA INC EIN 55-0585592 · last filed 990 for 2024
- WHEELING HOSPITAL INC EIN 55-0357057 · last filed 990 for 2024
- NORTHWOOD HEALTH SYSTEMS INC EIN 55-0540374 · last filed 990 for 2025
- WHEELING JESUIT UNIVERSITY INC EIN 55-0394213 · last filed 990 for 2025
- LINSLY SCHOOL INCORPORATED EIN 55-0357035 · last filed 990 for 2025
- OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION EIN 55-0461336 · last filed 990 for 2024
- YOUTH SERVICES SYSTEM INC EIN 55-0583675 · last filed 990 for 2025
- COMMUNITY FOUNDATION FOR THE OHIO VALLEY INC EIN 31-0908698 · last filed 990 for 2025