Nonprofit · EIN 59-3354789
RODEHEAVER FOUNDATION INC
Tax-exempt · PALATKA, FL 32177
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $613,055 | $350,814 | $262,241 | $6,014,311 | $15,518 | $5,998,793 |
| December 31, 2023 | 990 | $245,701 | $323,465 | -$77,764 | $4,336,931 | $27,156 | $4,309,775 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $382,758
- Program service revenue
- $0
- Investment income
- $230,297
- Net gain from sales of assets
- $118,040
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $135,056
- Other salaries and wages
- $86,000
- Salaries, compensation and benefits (total)
- $92,579
- Professional fundraising fees
- $0
- Accounting fees
- $21,250
- Program services (functional)
- $135,056
- Management and general (functional)
- $59,778
- Fundraising (functional)
- $155,980
Balance sheet and other
- Total assets, start of year
- $4,336,931
- Total assets, end of year
- $6,014,311
- Total liabilities, end of year
- $15,518
- Net assets, end of year
- $5,998,793
- Land, buildings and equipment
- $95,387
- Publicly traded securities
- $5,370,701
- Net assets without donor restrictions
- $2,975,118
- Net assets with donor restrictions
- $3,023,675
- Gross receipts
- $1,601,420
- Employees
- 1
- Volunteers
- 9
- Year formed
- 1995
- State of legal domicile
- FL
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 |
|---|---|---|---|
| BOBBY COTHREN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARC SPALDING | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| THE HONORABLE EDWARD E HEDSTROM | TRUSTEE Trustee or director | 1 | $0 |
| C BEN BATES JR | TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN P BROWNING JR | TRUSTEE Trustee or director | 1 | $0 |
| DR STEVE CHAPMAN | TRUSTEE Trustee or director | 1 | $0 |
| DONALD HOLMES | SECRETARY Trustee or director, Officer | 1 | $0 |
| DR RICHARD PERALLON | TRUSTEE Trustee or director | 1 | $0 |
| CARLTON SPENCE | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL MARTINEZ | PRESIDENT Trustee or director, Officer | 1 | $0 |
| BOBBY COTHREN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| THE HONORABLE EDWARD E HEDSTROM | SECRETARY Trustee or director, Officer | 1 | $0 |
| C BEN BATES JR | TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN P BROWNING JR | TRUSTEE Trustee or director | 1 | $0 |
| CARLTON SPENCE | TRUSTEE Trustee or director | 1 | $0 |
| DR STEVE CHAPMAN | TRUSTEE Trustee or director | 1 | $0 |
| MARC SPALDING | TRUSTEE Trustee or director | 1 | $0 |
| DR RICHARD PERALLON | TRUSTEE Trustee or director | 1 | $0 |
| DONALD HOLMES | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 906 S STATE ROAD 19, PALATKA, FL 32177-9394
- Principal officer (990 for 2024)
- BOBBY COTHREN, 3400 CRILL AVENUE, PALATKA, FL 32177
- Signed the 990
- BOBBY COTHREN, CURRENT PRESIDENT
- Phone
- (386) 328-6716
- Return prepared by
- CRI ADVISORS LLC
Mission
THE ORGANIZATION WAS FORMED SOLELY FOR CHARITABLE PURPOSES TO OBTAIN DONATIONS OF MONEY AND PROPERTY, MANAGE ITS ASSOCIATED INVESTMENT PORTFOLIO AND, FROM TIME TO TIME AS MAY BE NECESSARY IN THE SOLE DISCRETION OF THE TRUSTEES, PROVIDE FINANCIAL ASSISTANCE TO ANY QUALIFIED NON-PROFIT CORPORATION THAT PROVIDES CARE FOR NEEDY CHILDREN.
Program accomplishments
- THE ORGANIZATION MANAGED ITS INVESTMENT PORTFOLIO AND USED THE INCOME FROM DIVIDENDS AND SALES OF STOCK TO SUPPORT QUALIFIED NON-PROFIT ORGANIZATIONS THAT PROVIDE CARE FOR NEEDY CHILDREN.Expenses $135,056 · grants $135,056
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
- 59-3354789
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $6,014,311
- Income (IRS master file)
- $1,601,420
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $374,904 | $553,395 | $3,730,299 | IRS |
| 990 | December 2021 | $534,290 | $281,206 | $4,398,278 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 RODEHEAVER FOUNDATION INC
- What is the EIN of RODEHEAVER FOUNDATION INC?
- The employer identification number (EIN) of RODEHEAVER FOUNDATION INC is 59-3354789.
- Is RODEHEAVER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to RODEHEAVER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does RODEHEAVER FOUNDATION 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 RODEHEAVER FOUNDATION 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 RODEHEAVER FOUNDATION 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 RODEHEAVER FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names BOBBY COTHREN.
- Who are the officers and directors of RODEHEAVER FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does RODEHEAVER FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $613,055, expenses of $350,814 and total assets of $6,014,311 at year end.
Other nonprofits in PALATKA
- GFWC WOMANS CLUB OF PALATKA INC EIN 35-2417526 · last filed 990-N for 2024
- RURAL HEALTH CARE INCORPORATED EIN 59-1792958 · last filed 990 for 2025
- STATE CHARTERED CREDIT UNIONS IN FLORIDA EIN 59-0642953 · last filed 990 for 2025
- ARC OF PUTNAM COUNTY INC EIN 59-1550224 · last filed 990 for 2025
- RODEHEAVER BOYS RANCH EIN 59-0830750 · last filed 990 for 2024
- CHILDRENS READING CENTER INC EIN 59-3600088 · last filed 990 for 2025
- RIDE SOLUTION INC EIN 59-2443380 · last filed 990 for 2025
- PUTNAM ACADEMY OF ARTS AND SCIENCES INC EIN 45-1079996 · last filed 990 for 2025
All nonprofits in PALATKA · Florida · Philanthropy, voluntarism and grantmaking foundations