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Nonprofit · EIN 74-3003293

GARY & DIANE HEAVIN COMMUNITY FUND

Tax-exempt · GATESVILLE, TX 76528

Financials

$844K$1.8M2024
Revenue Expenses · by fiscal year end
Financials of GARY & DIANE HEAVIN COMMUNITY FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$844,210$1,801,213-$957,003$23,342,124$62,388$23,279,736
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$32,000
Dividends
$825,613
Net rental income
-$50,732
Net gain from sales of assets
-$13,403

Expenses

Grants and similar amounts paid
$1,604,995
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,694,854
Excise tax on investment income
$9,998

Balance sheet and other

Total assets, start of year
$24,429,289
Total assets, end of year
$23,342,124
Total liabilities, end of year
$62,388
Net assets, end of year
$23,279,736
Fair market value of assets
$24,564,449
Qualifying distributions
$1,694,854
Net investment income
$825,613

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
GARY HEAVIN
875 COUNTY ROAD 324, GATESVILLE, TX 76528
PRESIDENT0.5$0
DIANE HEAVIN
875 COUNTY ROAD 324, GATESVILLE, TX 76528
VICE-PRESIDENT0.5$0

Address and contacts

Address (IRS master file)
875 COUNTY ROAD 324, GATESVILLE, TX 76528-4382
In care of
% RONNIE GLAESMANN
Signed the 990-PF
DIANE HEAVIN, VICE-PRESIDENT
Phone
(254) 399-9285
Return prepared by
JRBT PC

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
74-3003293
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
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$23,342,124
Income (IRS master file)
$1,682,613

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024–––IRS
990-PFDecember 2023$1,023,127$2,691,183$24,429,289IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 GARY & DIANE HEAVIN COMMUNITY FUND

What is the EIN of GARY & DIANE HEAVIN COMMUNITY FUND?
The employer identification number (EIN) of GARY & DIANE HEAVIN COMMUNITY FUND is 74-3003293.
Is GARY & DIANE HEAVIN COMMUNITY FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to GARY & DIANE HEAVIN COMMUNITY FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GARY & DIANE HEAVIN COMMUNITY FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of GARY & DIANE HEAVIN COMMUNITY FUND 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 GARY & DIANE HEAVIN COMMUNITY FUND 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 GARY & DIANE HEAVIN COMMUNITY FUND?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does GARY & DIANE HEAVIN COMMUNITY FUND have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $844,210, expenses of $1,801,213 and total assets of $23,342,124 at year end.

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