Nonprofit · EIN 56-1297962
PIEDMONT ORTHOPEDIC FOUNDATION
Tax-exempt · LYNCHBURG, VA 24503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $894,734 | $728,802 | $165,932 | $3,032,600 | $1,019 | $3,031,581 |
| December 31, 2023 | 990 | $641,663 | $622,001 | $19,662 | $2,865,649 | $0 | $2,865,649 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $315,719
- Membership dues
- $7,155
- Program service revenue
- $309,427
- Investment income
- $269,588
- Net gain from sales of assets
- $176,659
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $104,182
- Other salaries and wages
- $30,414
- Salaries, compensation and benefits (total)
- $32,936
- Professional fundraising fees
- $0
- Accounting fees
- $5,400
- Travel
- $16,782
- Program services (functional)
- $671,004
- Management and general (functional)
- $57,798
Balance sheet and other
- Total assets, start of year
- $2,865,649
- Total assets, end of year
- $3,032,600
- Total liabilities, end of year
- $1,019
- Net assets, end of year
- $3,031,581
- Publicly traded securities
- $2,776,400
- Gross receipts
- $1,403,746
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1963
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY M LOURIE MD | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MACK ALDRIDGE MD | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| WILLIAM C ANDREWS MD | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY M LOURIE MD | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MACK ALDRIDGE MD | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| WILLIAM C ANDREWS MD | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 4717 JOHN SCOTT DR, LYNCHBURG, VA 24503-1003
- In care of
- % CHARLES TAFT
- Principal officer (990 for 2024)
- WILLIAM ANDREWS, 4717 JOHN SCOTT DRIVE, LYNCHBURG, VA 24503
- Signed the 990
- WILLIAM ANDREWS, TREASURER
- Phone
- (434) 942-5610
- Return prepared by
- PBMARES LLP
Mission
ENCOURAGE THE STUDY AND DEVELOPMENT OF THE SCIENCE AND PRACTICE OF ORTHOPEDICS THROUGH GRANTS FROM THE INCOME OF ASSETS OF THE CORPORATION, EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES AS MAY QUALIFY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Program accomplishments
- EDUCATIONAL COSTS FOR THE ANNUAL MEETING OF PIEDMONT ORTHOPEDIC SOCIETY. THE SOCIETY PARTNERED WITH DUKE UNIVERSITY SCHOOL OF MEDICINE TO PROVIDE ACCREDITED CONTINUING MEDICAL EDUCATION.Expenses $652,924 · grants $86,102 · revenue $309,427
- JOHN A FEAGIN INTERNATIONAL LEADERSHIP FORUM PARTNERED WITH DUKE UNIVERSITY SPORTS MEDICINE AND CORPORATE EDUCATION BRINGS TOGETHER A DIVERSE MIX OF LEADERS FROM MEDICINE, BUSINESS, THE MILITARY AND ATHLETICS. FUNDS FROM THE ENDOWMENT ARE USED TO PROVIDE A FOUNDATION IN LEADERSHIP TRAINING TO THE DUKE COMMUNITY AND OUTSIDE ORGANIZATIONS WITH THE EMPHASIS ON OPPORTUNITIES FOR SPORTS MEDICINE FELLOWS, ORTHOPEDIC RESIDENTS, MEDICAL STUDENTS AND UNDERGRADUATE STUDENTS.Expenses $18,080 · grants $18,080
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 | Not 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
- 56-1297962
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H9DZ)
- Assets (IRS master file)
- $3,032,600
- Income (IRS master file)
- $1,403,746
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $894,734 | $728,802 | $3,032,600 | XML |
| 990 | December 2023 | $641,663 | $622,001 | $2,865,649 | XML |
| 990 | December 2022 | $733,608 | $560,255 | $2,845,987 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 56-1297962).
Questions about PIEDMONT ORTHOPEDIC FOUNDATION
- What is the EIN of PIEDMONT ORTHOPEDIC FOUNDATION?
- The employer identification number (EIN) of PIEDMONT ORTHOPEDIC FOUNDATION is 56-1297962.
- Is PIEDMONT ORTHOPEDIC FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to PIEDMONT ORTHOPEDIC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PIEDMONT ORTHOPEDIC 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 PIEDMONT ORTHOPEDIC 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 PIEDMONT ORTHOPEDIC 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 PIEDMONT ORTHOPEDIC FOUNDATION?
- The 990 for the year ended December 31, 2024 names WILLIAM ANDREWS.
- Who are the officers and directors of PIEDMONT ORTHOPEDIC FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does PIEDMONT ORTHOPEDIC FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $894,734, expenses of $728,802 and total assets of $3,032,600 at year end.
Other nonprofits in LYNCHBURG
- INSTITUTE FOR INTEGRATIVE MEDICINE & COMPREHENSIVE REHABILITATION INC EIN 27-1096794 · last filed 990-N for 2024
- LIBERTY UNIVERSITY INC EIN 54-0946734 · last filed 990 for 2025
- CENTRA HEALTH INC EIN 54-0715569 · last filed 990 for 2024
- UNIVERSITY OF LYNCHBURG EIN 54-0505922 · last filed 990 for 2025
- RANDOLPH COLLEGE EIN 54-0505941 · last filed 990 for 2025
- PAUL SHELTON HCSR EIN 54-0988608 · last filed 990 for 2025
- PRESBYTERIAN HOMES & FAMILY SERVICES INC EIN 54-0346118 · last filed 990 for 2024
- LIBERTY CHRISTIAN ACADEMY EIN 54-0831546 · last filed 990 for 2025