Nonprofit · EIN 56-6034757
GOODMAN FOUNDATION INC
Tax-exempt · SALISBURY, NC 28145
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $945,698 | $603,878 | $341,820 | $12,975,303 | $0 | $12,975,303 |
| December 31, 2024 | 990-PF | $677,821 | $682,436 | -$4,615 | $11,428,466 | $0 | $11,428,466 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $696,601
- Dividends
- $295,615
- Net gain from sales of assets
- -$47,518
- Other income
- $1,000
Expenses
- Grants and similar amounts paid
- $548,500
- Disbursements for charitable purposes
- $548,500
- Excise tax on investment income
- $3,332
Balance sheet and other
- Total assets, start of year
- $11,428,466
- Total assets, end of year
- $12,975,303
- Total liabilities, end of year
- $0
- Net assets, end of year
- $12,975,303
- Fair market value of assets
- $12,975,303
- Qualifying distributions
- $548,500
- Net investment income
- $294,565
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY V GOODMAN PO BOX 1040, SALISBURY, NC 281451040 | PRES & TREAS | 0 | $0 |
| DOROTHY G SETTLE P O BOX 1040, SALISBURY, NC 28145 | SECRETARY | 0 | $0 |
| ARTHUR L HATTAWAY JR PO BOX 1040, SALISBURY, NC 281451040 | ASST. SECRET | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY V GOODMAN PO BOX 1040, SALISBURY, NC 281451040 | PRES & TREAS | 0 | $0 |
| DOROTHY G SETTLE P O BOX 1040, SALISBURY, NC 28145 | SECRETARY | 0 | $0 |
| ARTHUR L HATTAWAY JR PO BOX 1040, SALISBURY, NC 281451040 | ASST. SECRET | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1040, SALISBURY, NC 28145-1040
- Signed the 990-PF
- JEFFREY V GOODMAN, PRES & TREAS
- Phone
- (704) 633-5982
- Return prepared by
- ARTHUR L HATTAWAY JR CPA
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 | 990-PF 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
- 56-6034757
- 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
- 1953
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $12,975,303
- Income (IRS master file)
- $1,041,018
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $874,639 | $683,286 | $13,574,478 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about GOODMAN FOUNDATION INC
- What is the EIN of GOODMAN FOUNDATION INC?
- The employer identification number (EIN) of GOODMAN FOUNDATION INC is 56-6034757.
- Is GOODMAN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1953.
- Are donations to GOODMAN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GOODMAN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GOODMAN FOUNDATION INC 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 GOODMAN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of GOODMAN FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does GOODMAN FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $945,698, expenses of $603,878 and total assets of $12,975,303 at year end.
Other nonprofits in SALISBURY
- CATAWBA COLLEGE EIN 56-0530251 · last filed 990 for 2025
- DAYMARK RECOVERY SERVICES INC EIN 02-0707661 · last filed 990 for 2025
- LIVINGSTONE COLLEGE EIN 56-0603922 · last filed 990 for 2025
- LUTHERAN FAMILY SERVICES IN THE CAROLINAS INC EIN 56-1286323 · last filed 990 for 2025
- PACE OF THE SOUTHERN PIEDMONT INC EIN 27-4683614 · last filed 990 for 2024
- LSA MANAGEMENT INC EIN 20-1457236 · last filed 990 for 2025
- LUTHERAN HOME-HICKORY INC EIN 20-1457341 · last filed 990 for 2025
- LUTHERAN RETIREMENT CENTER WILMINGTON INC EIN 56-1500308 · last filed 990 for 2025