Nonprofit · EIN 58-1557995
COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC
Tax-exempt · DULUTH, GA 30097
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $20,663,214 | $15,278,970 | $5,384,244 | $91,729,727 | $18,977,890 | $72,751,837 |
| December 31, 2023 | 990 | $16,997,204 | $13,883,190 | $3,114,014 | $79,004,678 | $14,897,301 | $64,107,377 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $16,687,694
- Membership dues
- $37,748
- Program service revenue
- $0
- Investment income
- $3,812,506
- Net gain from sales of assets
- $1,924,914
- Net income from fundraising events
- $28,900
- Other revenue
- $163,014
Expenses
- Grants and similar amounts paid
- $13,473,513
- Compensation of officers, directors and key employees
- $251,667
- Other salaries and wages
- $307,910
- Salaries, compensation and benefits (total)
- $661,256
- Professional fundraising fees
- $0
- Occupancy
- $53,485
- Depreciation
- $7,263
- Program services (functional)
- $13,868,295
- Management and general (functional)
- $1,015,062
- Fundraising (functional)
- $395,613
Balance sheet and other
- Total assets, start of year
- $79,004,678
- Total assets, end of year
- $91,729,727
- Total liabilities, end of year
- $18,977,890
- Net assets, end of year
- $72,751,837
- Publicly traded securities
- $76,571,185
- Net assets without donor restrictions
- $56,496,127
- Net assets with donor restrictions
- $16,255,710
- Gross unrelated business income
- $294,190
- Gross receipts
- $39,283,696
- Employees
- 5
- Volunteers
- 49
- Year formed
- 1985
- State of legal domicile
- GA
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DEPRIEST WADDY | PRESIDENT/CEO Officer | 40 | $251,667 | $19,300 |
| MARIA SULLIVAN WALDEN | DIR OF DEVELOPMENT Highest-paid employee | 40 | $118,064 | $18,489 |
| SCOTT PHELAN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KIM A HARTSOCK | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROBIN F SANSONE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KENNETH M MASSARONI | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MARGARET BUGBEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM C WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAL AJANI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BIN LIU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLA T CARRAWAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL J KING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE COOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID R STILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEAN COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
36 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONNA BEATTY | DIRECTOR Trustee or director | 1 | $0 |
| DICK LOPRESTI | DIRECTOR Trustee or director | 1 | $0 |
| MATT BENVEGNA | DIRECTOR Trustee or director | 1 | $0 |
| DR CALVIN J WATTS | DIRECTOR Trustee or director | 1 | $0 |
| DR DANIEL J KAUFMAN | DIRECTOR Trustee or director | 1 | $0 |
| MAGGIE MICHEALS DECAN | DIRECTOR Trustee or director | 1 | $0 |
| ETHEL D ANDERSEN JD | DIRECTOR Trustee or director | 1 | $0 |
| JAMES D DENNARD JR | DIRECTOR Trustee or director | 1 | $0 |
| JILL EDWARDS | DIRECTOR Trustee or director | 1 | $0 |
| JILL KERSH | DIRECTOR Trustee or director | 1 | $0 |
| JIM JOEDECKE | DIRECTOR Trustee or director | 1 | $0 |
| JULIA DAVIS | DIRECTOR Trustee or director | 1 | $0 |
| JULIE KEETON ARNOLD | DIRECTOR Trustee or director | 1 | $0 |
| K CLIFFORD BRAY II | DIRECTOR Trustee or director | 1 | $0 |
| KATHRYN KIESER | DIRECTOR Trustee or director | 1 | $0 |
| PEYTON JAMISON | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL PARK | DIRECTOR Trustee or director | 1 | $0 |
| MONTY G WATSON | DIRECTOR Trustee or director | 1 | $0 |
| NATHAN POWELL | DIRECTOR Trustee or director | 1 | $0 |
| CHERYL DELUCA-JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| GREGORY E LANG | DIRECTOR Trustee or director | 1 | $0 |
| J MICHAEL LEVENGOOD | DIRECTOR Trustee or director | 1 | $0 |
| REP SAM PARK | DIRECTOR Trustee or director | 1 | $0 |
| TIM MINARD | DIRECTOR Trustee or director | 1 | $0 |
| EMORY MORSBERGER | DIRECTOR Trustee or director | 1 | $0 |
| SANDRA J STRICKLAND | DIRECTOR Trustee or director | 1 | $0 |
| SANTIAGO R MARQUEZ | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT JORDAN | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN PEART | DIRECTOR Trustee or director | 1 | $0 |
| SLOAN JONES | DIRECTOR Trustee or director | 1 | $0 |
| SUSIE COLLAT | DIRECTOR Trustee or director | 1 | $0 |
| TERRY SWAIM | DIRECTOR Trustee or director | 1 | $0 |
| MARY ULICH | DIRECTOR Trustee or director | 1 | $0 |
| VERONICA MALDONADO-TORRES | DIRECTOR Trustee or director | 1 | $0 |
| WAYNE D ELLISON | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM F MCCARGO | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 50 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DEPRIEST WADDY | PRESIDENT/CEO Officer | 40 | $231,667 | $18,100 |
| J MICHAEL LEVENGOOD | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KIM A HARTSOCK | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROBIN F SANSONE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KENNETH M MASSARONI | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MARGARET BUGBEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM C WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALEJANDRO COSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BIN LIU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLA T CARRAWAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL J KING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE COOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID R STILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEAN COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBRA POTTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DICK LOPRESTI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR AUDREY ARONA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR CALVIN J WATTS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR DANIEL J KAUFMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMILY J BRANTLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ETHEL D ANDERSEN JD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES D DENNARD JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JILL EDWARDS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JILL KERSH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM JOEDECKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIA DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIE KEETON ARNOLD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| K CLIFFORD BRAY II | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHRYN KIESER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELVIN EVERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL PARK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MONTY G WATSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NATHAN POWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIP R WOLFE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| R BRYAN GINN JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| R LEE TUCKER JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REP SAM PARK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REV BRYAN S CHOE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RONDA COLVIN LEARY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANDRA J STRICKLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANTIAGO R MARQUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT JORDAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT MAWDESLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SLOAN JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSIE COLLAT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TEDDY RUSSELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS ABERNATHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VERONICA MALDONADO-TORRES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WAYNE D ELLISON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM F MCCARGO | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6500 SUGARLOAF PKWY, DULUTH, GA 30097-7501
- Principal officer (990 for 2024)
- DEPRIEST WADDY, 6500 SUGARLOAF PKWY 220, DULUTH, GA 30097
- Signed the 990
- DEPRIEST WADDY, PRESIDENT & CEO
- Phone
- (770) 813-3380
- Website
- WWW.CFNEG.ORG
- Return prepared by
- MSTILLER LLC
Mission
THE COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA, INC. WAS FOUNDED TO IMPROVE THE QUALITY OF COMMUNITY LIFE THROUGH INCREASED PHILANTHROPY. THE FOUNDATION IS A PUBLIC CHARITY FORMED TO BENEFIT THE CITIZENS OF NORTHEAST GEORGIA THROUGH THE DEVELOPMENT OF ENDOWMENT FUNDS. THE FOUNDATION RECEIVES CHARITABLE CONTRIBUTIONS THAT ARE THEN INVESTED WITH THE INCOME DISBURSED TO NONPROFIT ORGANIZATIONS SERVING IN THE AREAS OF HEALTH, HUMAN SERVICES, EDUCATION, COMMUNITY SERVICE AND THE ARTS.
Program accomplishments
- DISTRIBUTING INVESTMENT INCOME TO NON-PROFIT ORGANIZATIONS SERVING IN THE AREAS OF HEALTH, HUMAN SERVICES, EDUCATION, COMMUNITY SERVICE AND THE ARTSExpenses $13,868,295 · grants $13,473,513
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | Not 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
- 58-1557995
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $91,729,727
- Income (IRS master file)
- $39,283,696
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $20,663,214 | $15,278,970 | $91,729,727 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $16,997,204 | $13,883,190 | $79,004,678 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $10,205,373 | $12,211,923 | $69,557,505 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 58-1557995).
Questions about COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC
- What is the EIN of COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC?
- The employer identification number (EIN) of COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC is 58-1557995.
- Is COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA 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 COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC?
- The 990 for the year ended December 31, 2024 names DEPRIEST WADDY.
- Who are the officers and directors of COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC?
- The 990 for the year ended December 31, 2024 lists 51 people; 2 received compensation from the organization, the highest $251,667 (DEPRIEST WADDY, PRESIDENT/CEO).
- How much revenue does COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $20,663,214, expenses of $15,278,970 and total assets of $91,729,727 at year end.
Other nonprofits in DULUTH
- THE SCOTT HUDGENS FAMILY FOUNDATION INC EIN 58-2513020 · last filed 990-PF for 2024
- JIM & PAULA MCDONALD CHARITABLE TR 12152000 EIN 58-6429849 · last filed 990-PF for 2025
- CHU FAMILY FOUNDATION INC EIN 32-0338339 · last filed 990-PF for 2024
- PRIMERICA FOUNDATION INC EIN 27-4689647 · last filed 990-PF for 2024
- WOMENS CLUB OF SUGARLOAF COUNTRY CLUB CHARITIES INC EIN 26-1140144 · last filed 990 for 2025
- STINCHCOMB FAMILY FOUNDATION INC EIN 20-4003704 · last filed 990-PF for 2025
- SHETH FAMILY FOUNDATION INC EIN 58-2498469 · last filed 990-PF for 2024
- HUNTER FAMILY CHARITABLE FOUNDATION INC EIN 27-4334243 · last filed 990-PF for 2024
All nonprofits in DULUTH · Georgia · Philanthropy, voluntarism and grantmaking foundations