Nonprofit · EIN 56-1528982
THE CEMALA FOUNDATION INC
Tax-exempt · GREENSBORO, NC 27405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,824,892 | $2,075,196 | $3,749,696 | $34,487,672 | $2,282,682 | $32,204,990 |
| December 31, 2023 | 990-PF | $1,693,708 | $2,184,058 | -$490,350 | $33,639,105 | $2,679,980 | $30,959,125 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $747,414
- Net gain from sales of assets
- $5,077,478
Expenses
- Grants and similar amounts paid
- $1,287,175
- Compensation of officers, directors and key employees
- $300,711
- Disbursements for charitable purposes
- $2,153,903
- Excise tax on investment income
- $79,005
Balance sheet and other
- Total assets, start of year
- $33,639,105
- Total assets, end of year
- $34,487,672
- Total liabilities, end of year
- $2,282,682
- Net assets, end of year
- $32,204,990
- Fair market value of assets
- $34,487,672
- Qualifying distributions
- $2,153,903
- Net investment income
- $5,914,461
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN SCHWARTZ 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | EXECUTIVE DIRECTOR | 45 | $195,780 | $11,728 |
| MELISSA BURROUGHS 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | ASST SECRETARY/TREASURER | 40 | $104,931 | $6,315 |
| JACK RICHMOND 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | BOARD CHAIR | 4 | $0 | $0 |
| MERRITT C RICHMOND 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | VICE CHAIR | 4 | $0 | $0 |
| KIM RICHMOND 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | SECRETARY | 2 | $0 | $0 |
| ASHLEY CONE 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | TREASURER | 2 | $0 | $0 |
| BUTCH CONE 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| CEASAR CONE III 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| EGBERT DAVIS IV 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| JOHN CROSS 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DICRECTOR | 2 | $0 | $0 |
| LULU PRIDDY 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| MARTHA C WRIGHT 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| MATTHEW D RICHMOND 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DICRECTOR | 2 | $0 | $0 |
990-PF for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN SCHWARTZ 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | EXECUTIVE DIRECTOR | 45 | $186,198 | $11,151 |
| MELISSA BURROUGHS 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | ASST SECRETARY/TREASURER | 40 | $104,206 | $6,273 |
| JACK RICHMOND 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | BOARD CHAIR | 4 | $0 | $0 |
| MERRITT C RICHMOND 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | VICE CHAIR | 4 | $0 | $0 |
| KIM RICHMOND 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | SECRETARY | 2 | $0 | $0 |
| ASHLEY CONE 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | TREASURER | 2 | $0 | $0 |
| BUTCH CONE 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| CEASAR CONE III 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| EGBERT DAVIS IV 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| CATHY LEVINSON 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| LULU PRIDDY 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| MARTHA C WRIGHT 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DIRECTOR | 2 | $0 | $0 |
| MATTHEW D RICHMOND 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405 | DICRECTOR | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1175 REVOLUTION MILL DR STE 14, GREENSBORO, NC 27405-5080
- Signed the 990-PF
- SUSAN S SCHWARTZ, EXECUTIVE DIRECTOR
- Phone
- (336) 274-3541
- Website
- WWW.CEMALA.ORG
- Return prepared by
- BERNARD ROBINSON & 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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 56-1528982
- 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
- 1987
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $34,487,672
- Income (IRS master file)
- $31,523,818
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,824,892 | $2,075,196 | $34,487,672 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,693,708 | $2,184,058 | $33,639,105 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 56-1528982).
Questions about THE CEMALA FOUNDATION INC
- What is the EIN of THE CEMALA FOUNDATION INC?
- The employer identification number (EIN) of THE CEMALA FOUNDATION INC is 56-1528982.
- Is THE CEMALA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to THE CEMALA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE CEMALA FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE CEMALA FOUNDATION INC 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 THE CEMALA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE CEMALA FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 13 people; 2 received compensation from the organization, the highest $195,780 (SUSAN SCHWARTZ, EXECUTIVE DIRECTOR).
- How much revenue does THE CEMALA FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,824,892, expenses of $2,075,196 and total assets of $34,487,672 at year end.
Other nonprofits in GREENSBORO
- THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION EIN 58-1588823 · last filed 990 for 2024
- CENTER FOR CREATIVE LEADERSHIP EIN 23-7079591 · last filed 990 for 2025
- ALAMANCE REGIONAL MEDICAL CENTER EIN 56-0529994 · last filed 990 for 2024
- UNIVERSITY OF NORTH CAROLINA AT GREENSBORO INVESTMENT FUND INC EIN 58-2005976 · last filed 990 for 2025
- AUTHORACARE COLLECTIVE EIN 56-1249146 · last filed 990 for 2025
- MOSES H CONE MEMORIAL HOSPITAL EIN 56-0532302 · last filed 990 for 2024
- UNC-G EXCELLENCE FOUNDATION EIN 56-6086393 · last filed 990 for 2025
- FRIENDS HOMES INC EIN 56-0754599 · last filed 990 for 2025