Nonprofit · EIN 56-1844948
VILLAGE HERITAGE FOUNDATION
Tax-exempt · PINEHURST, NC 28370
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $46,159 | $36,324 | $9,835 | $225,934 | $0 | $225,934 |
| December 31, 2024 | 990 | $47,187 | $127,819 | -$80,632 | $200,162 | $0 | $200,162 |
| December 31, 2023 | 990 | $101,396 | $16,907 | $84,489 | $280,794 | $0 | $280,794 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $42,352
- Program service revenue
- $0
- Investment income
- $3,807
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $550
- Program services (functional)
- $25,021
- Management and general (functional)
- $3,365
- Fundraising (functional)
- $7,938
Balance sheet and other
- Total assets, start of year
- $200,162
- Total assets, end of year
- $225,934
- Total liabilities, end of year
- $0
- Net assets, end of year
- $225,934
- Publicly traded securities
- $192,450
- Net assets without donor restrictions
- $210,602
- Net assets with donor restrictions
- $15,332
- Gross receipts
- $46,159
- Employees
- 0
- Volunteers
- 6
- Year formed
- 1993
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ned Franke | President Trustee or director, Officer | 0.5 | $0 |
| Elizabeth F Stevens | Vice President Trustee or director, Officer | 1 | $0 |
| Terry Brown III | Director Trustee or director | 0.5 | $0 |
| Stuart Mills | Director Trustee or director | 0.5 | $0 |
| John C Strickland | Director Trustee or director | 0.5 | $0 |
| Holly Davis | Director Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ned Franke | President Trustee or director, Officer | 0.5 | $0 |
| Elizabeth F Stevens | Vice President Trustee or director, Officer | 1 | $0 |
| Terry Brown III | Director Trustee or director | 0.5 | $0 |
| Stuart Mills | Director Trustee or director | 0.5 | $0 |
| John C Strickland | Director Trustee or director | 0.5 | $0 |
| Holly Davis | Director Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ned Franke | President Trustee or director, Officer | 0.5 | $0 |
| Elizabeth F Stevens | Vice President Trustee or director, Officer | 1 | $0 |
| Stephen M Leggett | Treasurer Trustee or director | 0.5 | $0 |
| Terry Brown III | Director Trustee or director | 0.5 | $0 |
| Stuart Mills | Director Trustee or director | 0.5 | $0 |
| John C Strickland | Director Trustee or director | 0.5 | $0 |
| Holly Davis | Director Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 398, PINEHURST, NC 28370-0398
- In care of
- % JAMES F LEWIS
- Principal officer (990 for 2025)
- Ned Franke, 215 Bel Air Drive, Pinehurst, NC 28374
- Signed the 990
- Ned Franke, President
- Phone
- (910) 315-8243
- Return prepared by
- Mary Murphy CPA PLLC
Mission
The organization provides financial support to maintain, restore and enhance historic properties in the historic district of The Village of Pinehurst.
Program accomplishments
- Construction of a new entry trellis in the Village Arboretum will connect the main meadow to the Woodland Garden, enhancing flow between the two areas. Additionally, a new swing has been purchased and installed along one of the Arboretums walking paths, creating a welcoming spot for visitors to pause and enjoy the surroundings.Expenses $21,474
- Provide Financial Support to maintain, restore, and enhance historic properties in the historic district of the Villages of Pinehurst.Expenses $3,547
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 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
- 56-1844948
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A80Z)
- Assets (IRS master file)
- $225,934
- Income (IRS master file)
- $46,159
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $46,159 | $36,324 | $225,934 | IRS |
| 990 | December 2024 | $47,187 | $127,819 | $200,162 | XML |
| 990 | December 2023 | $101,396 | $16,907 | $280,794 | XML |
| 990 | December 2022 | $17,839 | $14,238 | $196,305 | 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 56-1844948).
Questions about VILLAGE HERITAGE FOUNDATION
- What is the EIN of VILLAGE HERITAGE FOUNDATION?
- The employer identification number (EIN) of VILLAGE HERITAGE FOUNDATION is 56-1844948.
- Is VILLAGE HERITAGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to VILLAGE HERITAGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VILLAGE HERITAGE FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of VILLAGE HERITAGE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VILLAGE HERITAGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VILLAGE HERITAGE FOUNDATION?
- The 990 for the year ended December 31, 2025 names Ned Franke.
- Who are the officers and directors of VILLAGE HERITAGE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does VILLAGE HERITAGE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $46,159, expenses of $36,324 and total assets of $225,934 at year end.
Other nonprofits in PINEHURST
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- SCOTTISH HERITAGE U S A INC EIN 13-6218203 · last filed 990 for 2025
- FLOW UNIVERSITY EIN 92-3568747 · last filed 990 for 2024
- SANDHILLS WOMANS EXCHANGE CABIN PRE SERVATION ORGANIZATION EIN 68-0628232 · last filed 990 for 2025
- JUDSON THEATRE INC EIN 84-2638421 · last filed 990-EZ for 2024
- CAROLINA PHILHARMONIC ENDOWMENT EIN 99-2059778 · last filed 990-EZ for 2025
- NEW HORIZONS BAND IN THE PINES EIN 26-2003809 · last filed 990-N for 2025
- MOORE COUNTY COMMUNITY BAND EIN 58-1563642 · last filed 990-N for 2025
All nonprofits in PINEHURST · North Carolina · Arts, culture and humanities