Nonprofit · EIN 81-0945517
FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT
Tax-exempt · WESTMINSTER, MD 21157
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $548,848 | $503,838 | $45,010 | $7,730,046 | $0 | $7,730,046 |
| December 31, 2023 | 990-PF | $271,282 | $444,276 | -$172,994 | $7,690,036 | $0 | $7,690,036 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $118,507
- Interest
- $98,578
- Net gain from sales of assets
- $331,763
Expenses
- Grants and similar amounts paid
- $390,000
- Compensation of officers, directors and key employees
- $20,974
- Disbursements for charitable purposes
- $436,987
- Excise tax on investment income
- $6,884
Balance sheet and other
- Total assets, start of year
- $7,690,036
- Total assets, end of year
- $7,730,046
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,730,046
- Fair market value of assets
- $9,554,943
- Qualifying distributions
- $436,987
- Net investment income
- $548,848
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN WHEELER 45 AILERON COURT, WESTMINSTER, MD 21157 | SECRETARY/TREASURER | 8 | $5,796 |
| GAIL YEISER 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER | 2 | $3,758 |
| DARRELL CURTIS 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER | 2 | $3,387 |
| TRAVIS HASTINGS 45 AILERON COURT, WESTMINSTER, MD 21157 | CHAIRPERSON | 2 | $2,349 |
| JULIE BOLYARD 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER | 2 | $2,014 |
| KEVIN GRIM 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER | 2 | $1,746 |
| SHARON MCCLELLAN 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER (FROM 7/2024) | 2 | $1,106 |
| LAURA HEILINGER 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER (UNTIL 6/2024) | 2 | $818 |
| BRIAN ROSATI 45 AILERON COURT, WESTMINSTER, MD 21157 | HFC EMPLOYEE/VICE CHAIR | 2 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN WHEELER 45 AILERON COURT, WESTMINSTER, MD 21157 | SECRETARY/TREASURER | 8 | $6,392 |
| GAIL YEISER 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER | 2 | $3,028 |
| DARRELL CURTIS 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER | 2 | $2,681 |
| TRAVIS HASTINGS 45 AILERON COURT, WESTMINSTER, MD 21157 | CHAIRPERSON | 2 | $1,608 |
| LAURA HEILINGER 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER | 2 | $1,602 |
| KEVIN GRIM 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER | 2 | $1,420 |
| JULIE BOLYARD 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER | 2 | $1,073 |
| CHARLES WRIGHT IV 45 AILERON COURT, WESTMINSTER, MD 21157 | OFFICER | 2 | $325 |
| BRIAN ROSATI 45 AILERON COURT, WESTMINSTER, MD 21157 | HFC EMPLOYEE/VICE CHAIR | 2 | $0 |
| KURT FUCHS 45 AILERON COURT, WESTMINSTER, MD 21157 | HFC EMPLOYEE/ OFFICER | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 45 AILERON CT, WESTMINSTER, MD 21157-3022
- In care of
- % BRIAN ROSATI
- Signed the 990-PF
- BRIAN ROSATI, VICE CHAIR
- Phone
- (888) 339-3334
- Return prepared by
- KPMG LLP
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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 81-0945517
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $7,730,046
- Income (IRS master file)
- $2,111,417
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $548,848 | $503,838 | $7,730,046 | XML |
| 990-PF | December 2023 | $271,282 | $444,276 | $7,690,036 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 81-0945517).
Questions about FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT
- What is the EIN of FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT?
- The employer identification number (EIN) of FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT is 81-0945517.
- Is FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT 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 FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT 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 FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT?
- The 990-PF for the year ended December 31, 2024 lists 9 people; 8 received compensation from the organization, the highest $5,796 (JOHN WHEELER, SECRETARY/TREASURER).
- How much revenue does FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $548,848, expenses of $503,838 and total assets of $7,730,046 at year end.
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