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Nonprofit · EIN 72-0938097

IRENE W AND C B PENNINGTON FOUNDATION

Tax-exempt · BATON ROUGE, LA 70810

Financials

$5.9M$7.8M2023−$130K$259K2024
Revenue Expenses · by fiscal year end
Financials of IRENE W AND C B PENNINGTON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF-$129,907$258,559-$388,466$21,802,078$1,147$21,800,931
December 31, 2023990-PF$5,904,652$7,847,175-$1,942,523$23,932,437$0$23,932,437
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$8,115
Interest
$123,038
Net gain from sales of assets
-$10,053
Other income
-$251,007

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$73,116
Excise tax on investment income
$4,409

Balance sheet and other

Total assets, start of year
$23,932,437
Total assets, end of year
$21,802,078
Total liabilities, end of year
$1,147
Net assets, end of year
$21,800,931
Fair market value of assets
$21,802,078
Net investment income
$317,224

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM HODGKINS
1059 CARNEY ROAD, ZACHARY, LA 70791
CHAIRMAN
Highest-paid employee
40$73,116
DARYL B PENNINGTON SR
PO BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
PAULA P DELABRETONNE
PO BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
MARY PENNINGTON
PO BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
SHANNON SMITH
PO BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
SHARON PALMER PENNINGTON
PO BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
CLAUDE PENNINGTON
PO BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
LORI J BERTMAN
3635 GLADIOLA STREET, BATON ROUGE, LA 70808
PRESIDENT/CEO
Highest-paid employee
40$375,375
WILLIAM HODGKINS
1059 CARNEY ROAD, ZACHARY, LA 70791
CHAIRMAN
Highest-paid employee
40$73,116
RODDY M PRESLEY
24590 PECAN POINTE DRIVE, PLAQUEMINE, LA 70764
STAFF
Highest-paid employee
40$29,320
RACHEL A KONICK
21B HYDEVILLE RD, STAFFORD SPRINGS, CT 06076
STAFF
Highest-paid employee
40$14,219
CLAUDE B PENNINGTON III
P0 BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
PAULA P DELABRETONNE
PO BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
DARYL B PENNINGTON SR
P O BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
SHARON PALMER PENNINGTON
P O BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
SHANNON SMITH
P O BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0
MARY PENNINGTON
P O BOX 1083, BATON ROUGE, LA 70821
TRUSTEE0$0

Address and contacts

Address (IRS master file)
10343 SIEGEN LN STE 1B, BATON ROUGE, LA 70810-4981
Signed the 990-PF
CLAUDE PENNINGTON, TRUSTEE
Phone
(225) 922-4600
Return prepared by
TWRU CPAS & FINANCIAL ADVISORS

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
72-0938097
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
1982
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$21,802,078

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024-$129,907$258,559$21,802,078IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$5,904,652$7,847,175$23,932,437XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––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 72-0938097).

Questions about IRENE W AND C B PENNINGTON FOUNDATION

What is the EIN of IRENE W AND C B PENNINGTON FOUNDATION?
The employer identification number (EIN) of IRENE W AND C B PENNINGTON FOUNDATION is 72-0938097.
Is IRENE W AND C B PENNINGTON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to IRENE W AND C B PENNINGTON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does IRENE W AND C B PENNINGTON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of IRENE W AND C B PENNINGTON FOUNDATION 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 IRENE W AND C B PENNINGTON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of IRENE W AND C B PENNINGTON FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $73,116 (WILLIAM HODGKINS, CHAIRMAN).
How much revenue does IRENE W AND C B PENNINGTON FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of -$129,907, expenses of $258,559 and total assets of $21,802,078 at year end.

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