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Nonprofit · EIN 62-1321671

PLOUGH TOWERS FUND INC

Tax-exempt · MEMPHIS, TN 38138

Financials

$273K$147K2023$248K$147K2024
Revenue Expenses · by fiscal year end
Financials of PLOUGH TOWERS FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$247,591$147,149$100,442$2,634,647$2,963$2,631,684
June 30, 2024990$272,972$147,373$125,599$2,467,064$2,079$2,464,985
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$101,310
Program service revenue
$13,209
Investment income
$94,933
Net rental income
$38,139
Net gain from sales of assets
$2,690
Other revenue
$38,139

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$89,684
Salaries, compensation and benefits (total)
$100,911
Professional fundraising fees
$0
Travel
$5,195
Program services (functional)
$122,317
Management and general (functional)
$24,832

Balance sheet and other

Total assets, start of year
$2,467,064
Total assets, end of year
$2,634,647
Total liabilities, end of year
$2,963
Net assets, end of year
$2,631,684
Publicly traded securities
$1,393,201
Net assets without donor restrictions
$2,631,684
Gross receipts
$247,591
Employees
5
Volunteers
0
Year formed
1980
State of legal domicile
TN

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
LEIGH HENDRYEXECUTIVE DIRECTOR
Trustee or director
5$0$120,947$8,466
STEVE BAERPRESIDENT
Trustee or director, Officer
0$0$0$0
JULIE BOSHWITVICE PRESIDENT
Trustee or director, Officer
0$0$0$0
SCOTT VOGELSECRETARY
Trustee or director, Officer
0$0$0$0
DANNY MANSBERGTREASURER
Trustee or director
0$0$0$0
LAURIE SCHEIDTPAST PRESIDENT
Trustee or director, Officer
0$0$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LEIGH HENDRYEXECUTIVE DIRECTOR
Trustee or director
5$0$113,344$7,934
HARLEEN TAGUEPRESIDENT
Trustee or director, Officer
0$0$0$0
LAURIE SCHEIDTPAST PRESIDENT
Trustee or director, Officer
0$0$0$0
STEVE BAERVICE PRESIDENT
Trustee or director, Officer
0$0$0$0
DANNY MANSBERGSECRETARY
Trustee or director
0$0$0$0
JULIE BOSHWITTREASURER
Trustee or director, Officer
0$0$0$0

Address and contacts

Address (IRS master file)
6580 POPLAR AVE, MEMPHIS, TN 38138-3689
Principal officer (990 for 2024)
LEIGH HENDRY, 6580 POPLAR AVENUE, MEMPHIS, TN 38138
Signed the 990
LEIGH HENDRY, EXECUTIVE DIRECTOR
Phone
(901) 767-1910
Return prepared by
LBMC PC

Mission

TO PROVIDE AID AND RECREATION ACTIVITIES TO ELDERLY AND MOBILITY IMPAIRED TENANTS LIVING IN PLOUGH TOWERS HOUSING FOR THE ELDERLY.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDED ASSISTANCE AND ACTIVITIES FOR RESIDENTS OF PLOUGH TOWERS.
    Expenses $122,317 · revenue $13,209

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
62-1321671
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
1987
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,634,647
Income (IRS master file)
$247,591

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$247,591$147,149$2,634,647XML
990June 2024$272,972$147,373$2,467,064XML
990June 2023$1,432,201$134,107$2,303,049IRS
990June 2022$152,295$116,657$996,372IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 62-1321671).

Questions about PLOUGH TOWERS FUND INC

What is the EIN of PLOUGH TOWERS FUND INC?
The employer identification number (EIN) of PLOUGH TOWERS FUND INC is 62-1321671.
Is PLOUGH TOWERS FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to PLOUGH TOWERS FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PLOUGH TOWERS FUND 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 PLOUGH TOWERS FUND 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 PLOUGH TOWERS FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PLOUGH TOWERS FUND INC?
The 990 for the year ended June 30, 2025 names LEIGH HENDRY.
Who are the officers and directors of PLOUGH TOWERS FUND INC?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does PLOUGH TOWERS FUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $247,591, expenses of $147,149 and total assets of $2,634,647 at year end.

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