Nonprofit · EIN 56-6132354
CHARLES A CANNON CHARITABLE TRUST N0 ONE
Tax-exempt · CONCORD, NC 28026
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990-PF | $39,404,902 | $20,519,569 | $18,885,333 | $415,452,861 | $70,000 | $415,382,861 |
| March 31, 2025 | 990-PF | $18,179,325 | $20,943,911 | -$2,764,586 | $138,395,667 | $873 | $138,394,794 |
| March 31, 2024 | 990-PF | $19,999,630 | $17,800,102 | $2,199,528 | $141,615,193 | $0 | $141,615,193 |
| March 31, 2023 | 990-PF | $27,247,632 | $19,886,939 | $7,360,693 | $139,220,382 | $0 | $139,220,382 |
Financial details: 990-PF for the year ended March 31, 2026
Revenue
- Dividends
- $5,588,817
- Net gain from sales of assets
- $33,816,085
Expenses
- Grants and similar amounts paid
- $16,882,015
- Compensation of officers, directors and key employees
- $1,268,326
- Disbursements for charitable purposes
- $18,466,332
- Excise tax on investment income
- $525,920
Balance sheet and other
- Total assets, start of year
- $401,470,276
- Total assets, end of year
- $415,452,861
- Total liabilities, end of year
- $70,000
- Net assets, end of year
- $415,382,861
- Fair market value of assets
- $415,452,861
- Qualifying distributions
- $18,466,332
- Net investment income
- $39,404,469
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 March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM C CANNON JR PO BOX 548, CONCORD, NC 28026 | TRUSTEE/PRESIDENT | 3 | $264,737 |
| JOSEPH C HUNTER PO BOX 548, CONCORD, NC 28026 | TRUSTEE/SECRETARY | 3 | $264,737 |
| EDWIN S OUTEN PO BOX 548, CONCORD, NC 28026 | TRUSTEE/VICE-PRESIDENT | 3 | $264,736 |
| BRITT LEATHERMAN PO BOX 548, CONCORD, NC 28026 | TRUSTEE | 1 | $264,736 |
| PINNACLE FINANCIAL PARTNERS PO BOX 548, CONCORD, NC 28026 | TRUSTEE | 1 | $209,380 |
990-PF for the year ended March 31, 2025: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM C CANNON JR PO BOX 548, CONCORD, NC 28026 | TRUSTEE/PRESIDENT | 3 | $252,117 |
| EDWIN S OUTEN PO BOX 548, CONCORD, NC 28026 | TRUSTEE/VICE-PRESIDENT | 3 | $252,117 |
| JOSEPH C HUNTER PO BOX 548, CONCORD, NC 28026 | TRUSTEE/SECRETARY | 3 | $252,117 |
| BRITT LEATHERMAN PO BOX 548, CONCORD, NC 28026 | TRUSTEE | 1 | $252,117 |
| PINNACLE FINANCIAL PARTNERS PO BOX 548, CONCORD, NC 28026 | TRUSTEE | 1 | $200,423 |
990-PF for the year ended March 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRITT LEATHERMAN PO BOX 548, CONCORD, NC 28026 | TRUSTEE | 1 | $219,145 |
| WILLIAM C CANNON JR PO BOX 548, CONCORD, NC 28026 | TRUSTEE/PRESIDENT | 3 | $219,144 |
| EDWIN S OUTEN PO BOX 548, CONCORD, NC 28026 | TRUSTEE/VICE-PRESIDENT | 3 | $219,144 |
| JOSEPH C HUNTER PO BOX 548, CONCORD, NC 28026 | TRUSTEE/SECRETARY | 3 | $219,144 |
| PINNACLE FINANCIAL PARTNERS PO BOX 548, CONCORD, NC 28026 | TRUSTEE | 1 | $202,327 |
990-PF for the year ended March 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM C CANNON JR PO BOX 548, CONCORD, NC 28026 | TRUSTEE/PRESIDENT | 3 | $209,089 |
| EDWIN S OUTEN PO BOX 548, CONCORD, NC 28026 | TRUSTEE/VICE-PRESIDENT | 3 | $209,089 |
| JOSEPH C HUNTER PO BOX 548, CONCORD, NC 28026 | TRUSTEE/SECRETARY | 3 | $209,089 |
| PINNACLE FINANCIAL PARTNERS PO BOX 548, CONCORD, NC 28026 | TRUSTEE | 1 | $50,473 |
Address and contacts
- Address (IRS master file)
- PO BOX 548, CONCORD, NC 28026-0548
- In care of
- % PINNACLE BANK TTEE
- Signed the 990-PF
- JOSEPH C HUNTER, TRUSTEE, SECRETARY
- Phone
- (704) 786-8216
- Return prepared by
- ARMANINO ADVISORY LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990-PF on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-PF on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-PF on file |
IRS record
- EIN
- 56-6132354
- 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
- 1981
- Accounting year ends
- March
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $415,452,861
- Income (IRS master file)
- $72,324,492
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | March 2026 | $39,404,902 | $20,519,569 | $415,452,861 | XML |
| 990-PF | March 2025 | $18,179,325 | $20,943,911 | $138,395,667 | XML |
| 990-PF | March 2024 | $19,999,630 | $17,800,102 | $141,615,193 | XML |
| 990-PF | March 2023 | $27,247,632 | $19,886,939 | $139,220,382 | XML |
| 990-PF | March 2022 | – | – | – | IRS |
| 990-PF | March 2021 | – | – | – | 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 56-6132354).
Questions about CHARLES A CANNON CHARITABLE TRUST N0 ONE
- What is the EIN of CHARLES A CANNON CHARITABLE TRUST N0 ONE?
- The employer identification number (EIN) of CHARLES A CANNON CHARITABLE TRUST N0 ONE is 56-6132354.
- Is CHARLES A CANNON CHARITABLE TRUST N0 ONE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to CHARLES A CANNON CHARITABLE TRUST N0 ONE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CHARLES A CANNON CHARITABLE TRUST N0 ONE file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CHARLES A CANNON CHARITABLE TRUST N0 ONE due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHARLES A CANNON CHARITABLE TRUST N0 ONE last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended March 2026.
- Who are the officers and directors of CHARLES A CANNON CHARITABLE TRUST N0 ONE?
- The 990-PF for the year ended March 31, 2026 lists 5 people; 5 received compensation from the organization, the highest $264,737 (WILLIAM C CANNON JR, TRUSTEE/PRESIDENT).
- How much revenue does CHARLES A CANNON CHARITABLE TRUST N0 ONE have?
- On its 990-PF for the year ended March 31, 2026 it reported revenue of $39,404,902, expenses of $20,519,569 and total assets of $415,452,861 at year end.
Other nonprofits in CONCORD
- GREATER CABARRUS FOUNDATION EIN 93-3345569 · last filed 990 for 2025
- SPEEDWAY CHILDRENS CHARITIES EIN 56-1331429 · last filed 990 for 2024
- MARIAM AND ROBERT HAYES CHARITABLE TR EIN 26-6147884 · last filed 990-PF for 2025
- CHARLES A CANNON CHARITABLE TRUST NO 3 EIN 58-1360259 · last filed 990-PF for 2025
- BOLLAG FAMILY FOUNDATION EIN 82-3692114 · last filed 990-PF for 2025
- CHARA INC EIN 20-5315163 · last filed 990 for 2025
- CHANNINGS JOY FOUNDATION INC EIN 92-0472699 · last filed 990 for 2024
- MITCHELL W WATTS FAM FOUNDATION INC EIN 26-0850536 · last filed 990-PF for 2024
All nonprofits in CONCORD · North Carolina · Philanthropy, voluntarism and grantmaking foundations