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Nonprofit · EIN 56-1651068

DURHAM MERCHANTS ASSOCIATION CHARITABLE FOUNDATION INC

Tax-exempt · DURHAM, NC 27717

Financials

$124K$227K2023$412K$229K2024
Revenue Expenses · by fiscal year end
Financials of DURHAM MERCHANTS ASSOCIATION CHARITABLE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$411,816$229,389$182,427$2,748,707$0$2,748,707
December 31, 2023990-PF$123,861$226,654-$102,793$2,566,127$0$2,566,127
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$156,534
Net gain from sales of assets
$255,282

Expenses

Grants and similar amounts paid
$167,843
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$172,004
Excise tax on investment income
$4,927

Balance sheet and other

Total assets, start of year
$2,566,127
Total assets, end of year
$2,748,707
Total liabilities, end of year
$0
Net assets, end of year
$2,748,707
Fair market value of assets
$3,630,218
Qualifying distributions
$172,004
Net investment income
$411,816

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.

NameTitleHours / weekCompensation
JEFF HENDRIKS
PO BOX 52016, DURHAM, NC 27717
PRESIDENT0$0
STEVE HANCOCK
PO BOX 52016, DURHAM, NC 27717
EXECUTIVE DIRECTOR10$0
DEDE BROCKWELL
PO BOX 52016, DURHAM, NC 27717
SECRETARY0$0
KIRK WEST
PO BOX 52016, DURHAM, NC 27717
VICE PRESIDENT0$0
ALEX SYKES
PO BOX 52016, DURHAM, NC 27717
DIRECTOR0$0
JOYE SPEIGHT
PO BOX 52016, DURHAM, NC 27717
TREASURER0$0
NANCY BROWN
PO BOX 52016, DURHAM, NC 27717
DIRECTOR0$0
PILAR ROCHA-GOLDBERG
PO BOX 52016, DURHAM, NC 27717
DIRECTOR0$0
SETH JERNIGAN
PO BOX 52016, DURHAM, NC 27717
DIRECTOR0$0
KELLY MISENHEIMER
PO BOX 52016, DURHAM, NC 27717
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
LOIS DELOATCH
PO BOX 52016, DURHAM, NC 27717
PRESIDENT0$0
STEVE HANCOCK
PO BOX 52016, DURHAM, NC 27717
EXECUTIVE DIRECTOR10$0
DEDE BROCKWELL
PO BOX 52016, DURHAM, NC 27717
SECRETARY0$0
CINDIE DIEHL
PO BOX 52016, DURHAM, NC 27717
DIRECTOR0$0
JEFF HENDRIKS
PO BOX 52016, DURHAM, NC 27717
VICE PRESIDENT0$0
ALEX SYKES
PO BOX 52016, DURHAM, NC 27717
DIRECTOR0$0
JEFF STEWART
PO BOX 52016, DURHAM, NC 27717
TREASURER0$0
NANCY BROWN
PO BOX 52016, DURHAM, NC 27717
DIRECTOR0$0
JOYE SPEIGHT
PO BOX 52016, DURHAM, NC 27717
DIRECTOR0$0
KIRK WEST
PO BOX 52016, DURHAM, NC 27717
DIRECTOR0$0

Address and contacts

Address (IRS master file)
PO BOX 52016, DURHAM, NC 27717-2016
Signed the 990-PF
STEVE HANCOCK, EXECUTIVE DIRECTOR
Phone
(919) 819-8312
Return prepared by
DMJPS PLLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
56-1651068
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
1990
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,748,707
Income (IRS master file)
$745,017

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$411,816$229,389$2,748,707XML
990-PFDecember 2023$123,861$226,654$2,566,127XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 56-1651068).

Questions about DURHAM MERCHANTS ASSOCIATION CHARITABLE FOUNDATION INC

What is the EIN of DURHAM MERCHANTS ASSOCIATION CHARITABLE FOUNDATION INC?
The employer identification number (EIN) of DURHAM MERCHANTS ASSOCIATION CHARITABLE FOUNDATION INC is 56-1651068.
Is DURHAM MERCHANTS ASSOCIATION CHARITABLE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to DURHAM MERCHANTS ASSOCIATION CHARITABLE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DURHAM MERCHANTS ASSOCIATION CHARITABLE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of DURHAM MERCHANTS ASSOCIATION CHARITABLE 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 DURHAM MERCHANTS ASSOCIATION CHARITABLE 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 DURHAM MERCHANTS ASSOCIATION CHARITABLE FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does DURHAM MERCHANTS ASSOCIATION CHARITABLE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $411,816, expenses of $229,389 and total assets of $2,748,707 at year end.

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