Nonprofit · EIN 82-0509175
FRANK A MORBECK COMMUNITY FOUNDATION INC
Tax-exempt · WALLACE, ID 83873
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $269,363 | $240,494 | $28,869 | $3,112,621 | $0 | $3,112,621 |
| December 31, 2024 | 990-PF | $337,942 | $182,097 | $155,845 | $3,083,752 | $0 | $3,083,752 |
| December 31, 2023 | 990-PF | $127,657 | $187,703 | -$60,046 | $2,893,180 | $0 | $2,893,180 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $92,084
- Interest
- $36
- Net gain from sales of assets
- $177,243
Expenses
- Grants and similar amounts paid
- $204,033
- Compensation of officers, directors and key employees
- $5,650
- Disbursements for charitable purposes
- $206,630
- Excise tax on investment income
- $3,273
Balance sheet and other
- Total assets, start of year
- $3,083,752
- Total assets, end of year
- $3,112,621
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,112,621
- Fair market value of assets
- $3,532,418
- Qualifying distributions
- $206,630
- Net investment income
- $269,363
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE MAGNUSON PO BOX 1089, WALLACE, ID 83873 | SECRETARY/TREAS | 2 | $5,000 |
| MICHAEL BRANSTETTER PO BOX 1089, WALLACE, ID 83873 | President | 1 | $100 |
| DICK VESTER PO BOX 1089, WALLACE, ID 83873 | Vice President | 1 | $100 |
| JENNIFFER CARRICO PO BOX 1089, WALLACE, ID 83873 | Director | 1 | $100 |
| MARILYN WHITE PO BOX 1089, WALLACE, ID 83873 | Director | 1 | $100 |
| CHRIS LUND PO BOX 1089, WALLACE, ID 83873 | Director | 1 | $100 |
| BILL MOONEY PO BOX 1089, WALLACE, ID 83873 | Director | 1 | $100 |
| KATHY ZANETTI PO BOX 1089, WALLACE, ID 83873 | Director | 1 | $50 |
990-PF for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE MAGNUSON PO BOX 1089, WALLACE, ID 83873 | SECRETARY/TREAS | 2 | $5,000 |
| MICHAEL BRANSTETTER PO BOX 1089, WALLACE, ID 83873 | President | 1 | $100 |
| DICK VESTER PO BOX 1089, WALLACE, ID 83873 | Vice President | 1 | $100 |
| MARILYN WHITE PO BOX 1089, WALLACE, ID 83873 | Director | 1 | $100 |
| CHRIS LUND PO BOX 1089, WALLACE, ID 83873 | Director | 1 | $100 |
| KATHY ZANETTI PO BOX 1089, WALLACE, ID 83873 | Director | 1 | $100 |
| BILL MOONEY PO BOX 1089, WALLACE, ID 83873 | Director | 1 | $100 |
| JENNIFFER CARRICO PO BOX 1089, WALLACE, ID 83873 | Director | 1 | $50 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Julie Magnuson 301 Cedar Street, Wallace, ID 83873 | Secretary | 2 | $10,000 |
| Michael K Branstetter PO Box 571, Osburn, ID 83873 | President/Direc | 1 | $100 |
| Bill Mooney PO Box 272, Silverton, ID 83867 | Director | 1 | $100 |
| Marilyn White PO Box 1089, Wallace, ID 83873 | Director/Sec. | 2 | $100 |
| Chris Lund 1 Miners Way, Wallace, ID 83873 | Director | 1 | $100 |
| Jenniffer Carrico 307 Cedar Street, Wallace, ID 83873 | Director | 1 | $100 |
| Dick L Vester PO Box 317, Wallace, ID 83873 | Director/VP | 1 | $50 |
| Kathy Zanetti PO Box 926, Wallace, ID 83873 | Director | 1 | $50 |
Address and contacts
- Address (IRS master file)
- PO BOX 1089, WALLACE, ID 83873-1089
- Signed the 990-PF
- MICHAEL BRANSTETTER, President
- Phone
- (208) 682-0777
- Return prepared by
- Magnuson McHugh Dougherty CPAs
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 | 990-PF 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
- 82-0509175
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $3,112,621
- Income (IRS master file)
- $887,840
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $269,363 | $240,494 | $3,112,621 | IRS |
| 990-PF | December 2024 | $337,942 | $182,097 | $3,083,752 | XML |
| 990-PF | December 2023 | $127,657 | $187,703 | $2,893,180 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 82-0509175).
Questions about FRANK A MORBECK COMMUNITY FOUNDATION INC
- What is the EIN of FRANK A MORBECK COMMUNITY FOUNDATION INC?
- The employer identification number (EIN) of FRANK A MORBECK COMMUNITY FOUNDATION INC is 82-0509175.
- Is FRANK A MORBECK COMMUNITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to FRANK A MORBECK COMMUNITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FRANK A MORBECK COMMUNITY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FRANK A MORBECK COMMUNITY FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANK A MORBECK COMMUNITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of FRANK A MORBECK COMMUNITY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 8 received compensation from the organization, the highest $5,000 (JULIE MAGNUSON, SECRETARY/TREAS).
- How much revenue does FRANK A MORBECK COMMUNITY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $269,363, expenses of $240,494 and total assets of $3,112,621 at year end.
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