Nonprofit · EIN 58-1969597
PALMER CENTER FOUNDATION INC
Tax-exempt · KINGSPORT, TN 37660
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $17,496 | $34,981 | -$17,485 | $662,137 | $0 | $662,137 |
| June 30, 2024 | 990-PF | $22,061 | $43,542 | -$21,481 | $635,790 | $0 | $635,790 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $19,893
- Net gain from sales of assets
- -$2,397
Expenses
- Grants and similar amounts paid
- $20,796
- Disbursements for charitable purposes
- $33,901
- Excise tax on investment income
- $277
Balance sheet and other
- Total assets, start of year
- $635,790
- Total assets, end of year
- $662,137
- Total liabilities, end of year
- $0
- Net assets, end of year
- $662,137
- Fair market value of assets
- $662,137
- Qualifying distributions
- $33,901
- Net investment income
- $19,893
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMMY GIBSON 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | SECRETARY | 1 | $0 |
| MARK DULA 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | MEMBER | 0 | $0 |
| ANGELA HILTON-PRILHART 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | MEMBER | 1 | $0 |
| ASHLEY BRITT 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | MEMBER | 1 | $0 |
| MEGAN JONES 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | MEMBER | 1 | $0 |
| KRISTIE ROBINETTE 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | PRESIDENT | 3 | $0 |
| JOSH BOATMAN 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | TREASURER | 1 | $0 |
| REBECCA ALLEY 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | VICE PRESIDENT | 3 | $0 |
| CAROL FULLER 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | MEMBER | 1 | $0 |
| SABRINA ST JOHN 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | MEMBER | 1 | $0 |
| STACY WOOK 301 LOUIS ST STE 305, KINGSPORT, TN 37660 | MEMBER | 1 | $0 |
990-PF for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACKI WOLFE 301 LOUIS ST, KINGSPORT, TN 37660 | PRESIDENT | 3 | $0 |
| LEANNE POTENTE 301 LOUIS ST, KINGSPORT, TN 37660 | TREASURER | 1 | $0 |
| BRENDA WHITTEN 301 LOUIS ST, KINGSPORT, TN 37660 | MEMBER | 1 | $0 |
| ANGIE VERMILLIOM 301 LOUIS ST, KINGSPORT, TN 37660 | MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 301 LOUIS ST STE 305, KINGSPORT, TN 37660-5197
- In care of
- % REBECCA ALLEY
- Mailing address (990-N for 2007)
- 1609 Fort Henry Drive, Kingsport TN 37664
- Principal officer (990-N for 2007)
- Carolyn McPherson, 1045 Lake Street, Kingsport TN 37660
- Signed the 990-PF
- REBECCA ALLEY, VICE PRESIDENT
- Phone
- (423) 444-6016
- Return prepared by
- Jennings Group EA Inc
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 58-1969597
- 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
- 1991
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $662,137
- Income (IRS master file)
- $26,299
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $17,496 | $34,981 | $662,137 | IRS |
| 990-PF | June 2024 | $22,061 | $43,542 | $635,790 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 2019 | – | – | – | IRS |
| 990-N for 2007 Officer: Carolyn McPherson | December 31, 2007 | ≤ $50,000 receipts | – | – | e-Postcard |
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 58-1969597).
Questions about PALMER CENTER FOUNDATION INC
- What is the EIN of PALMER CENTER FOUNDATION INC?
- The employer identification number (EIN) of PALMER CENTER FOUNDATION INC is 58-1969597.
- Is PALMER CENTER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to PALMER CENTER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PALMER CENTER FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PALMER CENTER FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALMER CENTER FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who is the principal officer of PALMER CENTER FOUNDATION INC?
- The 990-N for 2007 names Carolyn McPherson.
- Who are the officers and directors of PALMER CENTER FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does PALMER CENTER FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $17,496, expenses of $34,981 and total assets of $662,137 at year end.
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