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Nonprofit · EIN 56-1655559

BASSETT SOCIETY INC

Tax-exempt · DURHAM, NC 27710

Financials

$56K$51K2023$49K$50K2024
Revenue Expenses · by fiscal year end
Financials of BASSETT SOCIETY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$49,342$50,140-$798$281,225–$281,225
December 31, 2023990-EZ$55,612$50,701$4,911$235,315–$235,315
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$40,555
Investment income
$8,787

Expenses

Grants and similar amounts paid
$31,000
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$7,717
Other expenses
$11,423
Program services (functional)
$19,075

Balance sheet and other

Total assets, start of year
$235,315
Total assets, end of year
$281,225
Total liabilities, end of year
–
Net assets, end of year
$281,225
Cash, savings and investments
$32,312
Gross receipts
$49,342

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Claude T Moorman IIITreasurer0$0
Dean TaylorSecretary0$0
Steve GainesVice President0$0
Stephanie Duke ShanerSecretary0$0
Mark ShapiroPresident0$0
Anne BassettDirector0$0
Ned AmendolaPresident0$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Claude T Moorman IIITreasurer0$0
Dean TaylorSecretary0$0
Steve GainesPresident0$0
Stephanie Duke ShanerSecretary0$0
Mark ShapiroPresident0$0
Anne BassettDirector0$0

Address and contacts

Address (IRS master file)
DUMC BOX 3639 C/O DUKE UNIV MED CTR, DURHAM, NC 27710-0001
In care of
% CLAUDE T MOORMAN III
Signed the 990-EZ
Claude T Moorman III, Treasurer
Phone
(919) 668-2174
Return prepared by
Kirk Wilmot Consulting LLP

Mission

Scholarship to all persons who lettered in a Duke varsity sport and who matriculate in medical or dental school

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Annual ceremony to educate members on current events in sports medicine health field
    Expenses $19,075 · grants $31,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
56-1655559
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
1989
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$281,225
Income (IRS master file)
$49,342

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$49,342$50,140$281,225XML
990-EZDecember 2023$55,612$50,701$235,315XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990December 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 56-1655559).

Questions about BASSETT SOCIETY INC

What is the EIN of BASSETT SOCIETY INC?
The employer identification number (EIN) of BASSETT SOCIETY INC is 56-1655559.
Is BASSETT SOCIETY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to BASSETT SOCIETY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BASSETT SOCIETY INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BASSETT SOCIETY 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 BASSETT SOCIETY INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of BASSETT SOCIETY INC?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does BASSETT SOCIETY INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $49,342, expenses of $50,140 and total assets of $281,225 at year end.

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