Nonprofit · EIN 56-6043197
ASSOCIATED FOUNDATION INCORPORATED
Tax-exempt · BELMONT, NC 28012
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $49,609 | $43,681 | $5,928 | $957,225 | $521 | $956,704 |
| September 30, 2023 | 990-PF | $36,685 | $49,094 | -$12,409 | $775,740 | $358 | $775,382 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Dividends
- $14,623
- Interest
- $6,816
- Net gain from sales of assets
- $28,170
Expenses
- Grants and similar amounts paid
- $31,000
- Disbursements for charitable purposes
- $43,160
- Excise tax on investment income
- $521
Balance sheet and other
- Total assets, start of year
- $896,535
- Total assets, end of year
- $957,225
- Total liabilities, end of year
- $521
- Net assets, end of year
- $956,704
- Fair market value of assets
- $957,225
- Qualifying distributions
- $43,160
- Net investment income
- $49,609
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SP Stowe III 3132 Channel View Landing, Belmont, NC 28012 | President | 2 | $0 |
| JC Stowe 3132 Channel View Landing, Belmont, NC 28012 | Vice President | 2 | $0 |
| Ashley E Stowe 3132 Channel View Landing, Belmont, NC 28012 | Vice President | 2 | $0 |
990-PF for the year ended September 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SP STOWE III 3132 CHANNEL VIEW LANDING, BELMONT, NC 28012 | PRESIDENT | 2 | $0 |
| JC STOWE 3132 CHANNEL VIEW LANDING, BELMONT, NC 28012 | VICE PRESIDENT | 2 | $0 |
| RD HALL JR 3132 CHANNEL VIEW LANDING, BELMONT, NC 28012 | VICE PRESIDENT | 2 | $0 |
| R P WHITE 3132 CHANNEL VIEW LANDING, BELMONT, NC 28012 | SECRETARY | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3132 CHANNEL VIEW LNDG, BELMONT, NC 28012-9587
- In care of
- % E L WEBB
- Signed the 990-PF
- Samuel Stowe, President
- Phone
- (704) 678-3923
- Return prepared by
- Chopelas Tax and Small Business Services
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 18, 2025 | Check at the IRS |
IRS record
- EIN
- 56-6043197
- 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
- 1949
- Accounting year ends
- September
- Files
- Form 990-PF
- Assets (IRS master file)
- $957,225
- Income (IRS master file)
- $61,452
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $49,609 | $43,681 | $957,225 | XML |
| 990-PF | September 2023 | $36,685 | $49,094 | $775,740 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | IRS |
| 990-PF | September 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 56-6043197).
Questions about ASSOCIATED FOUNDATION INCORPORATED
- What is the EIN of ASSOCIATED FOUNDATION INCORPORATED?
- The employer identification number (EIN) of ASSOCIATED FOUNDATION INCORPORATED is 56-6043197.
- Is ASSOCIATED FOUNDATION INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1949.
- Are donations to ASSOCIATED FOUNDATION INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ASSOCIATED FOUNDATION INCORPORATED file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ASSOCIATED FOUNDATION INCORPORATED due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSOCIATED FOUNDATION INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of ASSOCIATED FOUNDATION INCORPORATED?
- The 990-PF for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does ASSOCIATED FOUNDATION INCORPORATED have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $49,609, expenses of $43,681 and total assets of $957,225 at year end.
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