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Nonprofit · EIN 68-0629840

THE COMMUNITY TRUST FOUNDATION INC

Tax-exempt · CUMBERLAND, MD 21502

Financials

$1.1M$563K2023$3.5M$790K2024
Revenue Expenses · by fiscal year end
Financials of THE COMMUNITY TRUST FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,534,298$789,662$2,744,636$14,485,015$237,659$14,247,356
December 31, 2023990$1,069,333$562,723$506,610$10,797,505$200,199$10,597,306
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,025,184
Program service revenue
$0
Investment income
$509,114
Other revenue
$0

Expenses

Grants and similar amounts paid
$525,627
Compensation of officers, directors and key employees
$81,178
Salaries, compensation and benefits (total)
$138,609
Professional fundraising fees
$0
Legal fees
$7,698
Accounting fees
$10,540
Occupancy
$9,000
Program services (functional)
$734,341
Management and general (functional)
$46,180
Fundraising (functional)
$9,141

Balance sheet and other

Total assets, start of year
$10,797,505
Total assets, end of year
$14,485,015
Total liabilities, end of year
$237,659
Net assets, end of year
$14,247,356
Publicly traded securities
$12,145,976
Net assets without donor restrictions
$14,247,356
Gross receipts
$3,534,298
Employees
2
Volunteers
0
Year formed
2006
State of legal domicile
MD

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.

NameTitleHours / weekCompensation
LEAH SHAFFEREXECUTIVE DIRECTOR
Key employee, Highest-paid employee
40$81,178
MIRJHANNA BUCKPRESIDENT
Officer
2$0
AMY WHITEVICE PRESIDENT
Officer
2$0
RAY MORRISSSECRETARY
Officer
2$0
KAREN MYERSTRUSTEE
Trustee or director
2$0
CHRISTINE SISLERTRUSTEE
Trustee or director
2$0
JAMIE ECHEFUTREASURER
Trustee or director
2$0
MARION LEONARDTRUSTEE
Trustee or director
2$0
JOYCE FLINNTRUSTEE
Trustee or director
2$0
CHELSEA STUCKTRUSTEE
Trustee or director
2$0
PAM JANTRUSTEE
Trustee or director
2$0
SHERRI SENSABAUGHTRUSTEE
Trustee or director
2$0
NICHOLAS MONTELEONETRUSTEE
Trustee or director
2$0
MARGARET MILTENBERGERTRUSTEE
Trustee or director
2$0
STACEY BOGGSTRUSTEE
Trustee or director
2$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
LEAH SHAFFEREXECUTIVE DIRECTOR
Key employee, Highest-paid employee
40$60,632
MIRJHANNA BUCKPRESIDENT
Officer
2$0
JEFF RHODESVICE PRESIDENT
Officer
2$0
RAY MORRISSSECRETARY
Officer
2$0
KAREN MYERSTRUSTEE
Trustee or director
2$0
CHRISTINE SISLERTRUSTEE
Trustee or director
2$0
AMY WHITETRUSTEE
Trustee or director
2$0
MARION LEONARDTRUSTEE
Trustee or director
2$0
JOYCE FLINNTRUSTEE
Trustee or director
2$0
CHELSEA STUCKTRUSTEE
Trustee or director
2$0
PAM JANTRUSTEE
Trustee or director
2$0
SHERRI SENSABAUGHTRUSTEE
Trustee or director
2$0
NICHOLAS MONTELEONETRUSTEE
Trustee or director
2$0
MARGARET MILTENBERGERTRUSTEE
Trustee or director
2$0
STACEY BOGGSTRUSTEE
Trustee or director
2$0
MARTIN HEISETRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
112 BALTIMORE ST STE 201, CUMBERLAND, MD 21502-2345
Principal officer (990 for 2024)
LEAH SHAFFER, 112 BALTIMORE STREET, CUMBERLAND, MD 21502
Signed the 990
LEAH SHAFFER, EXECUTIVE DIRECTOR
Phone
(301) 876-9172
Return prepared by
Fike Conner & Associates PA

Mission

TO STRENGTHEN THE REGION BY WORKING IN PARTNERSHIP WITH DONORS AND COMMUNITY GROUPS TO: BUILD PHILANTHROPIC RESOURCES, CONNECT DONORS TO ORGANIZATIONS/PROGRAMS THEY CARE ABOUT, MAKE EFFECTIVE GRANTS THAT IMPACT NEEDS

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY REVITALIZATION: SUPPORT FOR ARTS, LEADERSHIP DEVELOPMENT, EDUCATION CULTURAL APPRECIATION AND OTHER PROJECTS.
    Expenses $734,341 · grants $525,627

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
68-0629840
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
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$14,485,015
Income (IRS master file)
$3,534,298

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,534,298$789,662$14,485,015XML
990December 2023$1,069,333$562,723$10,797,505XML
990December 2022$849,070$685,443$9,375,020IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 68-0629840).

Questions about THE COMMUNITY TRUST FOUNDATION INC

What is the EIN of THE COMMUNITY TRUST FOUNDATION INC?
The employer identification number (EIN) of THE COMMUNITY TRUST FOUNDATION INC is 68-0629840.
Is THE COMMUNITY TRUST FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to THE COMMUNITY TRUST FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE COMMUNITY TRUST 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 THE COMMUNITY TRUST 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 THE COMMUNITY TRUST 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 THE COMMUNITY TRUST FOUNDATION INC?
The 990 for the year ended December 31, 2024 names LEAH SHAFFER.
Who are the officers and directors of THE COMMUNITY TRUST FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $81,178 (LEAH SHAFFER, EXECUTIVE DIRECTOR).
How much revenue does THE COMMUNITY TRUST FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,534,298, expenses of $789,662 and total assets of $14,485,015 at year end.

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