Nonprofit · EIN 55-6119269
STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION
Tax-exempt · BLUEFIELD, WV 24701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $266,828 | $252,292 | $14,536 | $2,409,861 | $413 | $2,409,448 |
| June 30, 2024 | 990-PF | $101,140 | $273,054 | -$171,914 | $2,394,912 | $0 | $2,394,912 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $118,942
- Net gain from sales of assets
- $143,229
- Other income
- $4,657
Expenses
- Grants and similar amounts paid
- $216,977
- Compensation of officers, directors and key employees
- $6,915
- Disbursements for charitable purposes
- $216,977
- Excise tax on investment income
- $3,459
Balance sheet and other
- Total assets, start of year
- $2,394,912
- Total assets, end of year
- $2,409,861
- Total liabilities, end of year
- $413
- Net assets, end of year
- $2,409,448
- Fair market value of assets
- $4,933,177
- Qualifying distributions
- $216,977
- Net investment income
- $262,171
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FIRST COMMUNITY BANK NA PO BOX 950, BLUEFIELD, WV 24701 | TRUSTEE | 1 | $6,915 |
| CATHERINE PAYNE 500 COUNTRY CLUB DRIVE, BLUEFIELD, VA 24605 | SELECTION COMMITTEE MEMBER | 1 | $0 |
| ELIZABETH PERRY 730 ATLANTIC ST, MT PLEASANT, SC 29464 | SELECTION COMMITTEE MEMBER | 1 | $0 |
| MILDRED RAYNOR 2116 FALLON OAKS COURT, RALEIGH, NC 27608 | SELECTION COMMITTEE MEMBER | 1 | $0 |
990-PF for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FIRST COMMUNITY BANK NA PO BOX 950, BLUEFIELD, WV 24701 | TRUSTEE | 1 | $5,832 |
| CATHERINE PAYNE 500 COUNTRY CLUB DRIVE, BLUEFIELD, VA 24605 | SELECTION COMMITTEE MEMBER | 1 | $0 |
| ELIZABETH PERRY 730 ATLANTIC ST, MT PLEASANT, SC 29464 | SELECTION COMMITTEE MEMBER | 1 | $0 |
| MILDRED RAYNOR 2116 FALLON OAKS COURT, RALEIGH, NC 27608 | SELECTION COMMITTEE MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- FIRST COMMUNITY BANK INC PO BOX, BLUEFIELD, WV 24701-0000
- In care of
- % FIRST COMMUNITY BANK INC
- Signed the 990-PF
- CATHERINE PAYNE, PRESIDENT
- Phone
- (304) 325-7151
- Return prepared by
- BROWN EDWARDS & COMPANY 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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 55-6119269
- 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
- 1994
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $2,409,861
- Income (IRS master file)
- $568,047
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $266,828 | $252,292 | $2,409,861 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990-PF | June 2024 | $101,140 | $273,054 | $2,394,912 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | 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 55-6119269).
Questions about STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION
- What is the EIN of STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION?
- The employer identification number (EIN) of STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION is 55-6119269.
- Is STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION 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 STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION?
- The 990-PF for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $6,915 (FIRST COMMUNITY BANK NA, TRUSTEE).
- How much revenue does STELIO AND BETTY TRACY CORTE CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $266,828, expenses of $252,292 and total assets of $2,409,861 at year end.
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All nonprofits in BLUEFIELD · West Virginia · Philanthropy, voluntarism and grantmaking foundations