Nonprofit · EIN 84-3780597
IPSWICH LOCAL NEWS INC
Tax-exempt · IPSWICH, MA 01938
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $525,586 | $562,164 | -$36,578 | $195,576 | $22,242 | $173,334 |
| December 31, 2024 | 990 | $520,025 | $561,985 | -$41,960 | $229,361 | $19,449 | $209,912 |
| December 31, 2023 | 990 | $480,015 | $472,585 | $7,430 | $324,427 | $72,555 | $251,872 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $190,824
- Program service revenue
- $333,879
- Investment income
- $883
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $91,529
- Other salaries and wages
- $221,561
- Salaries, compensation and benefits (total)
- $341,202
- Professional fundraising fees
- $0
- Accounting fees
- $8,400
- Occupancy
- $4,419
- Program services (functional)
- $369,383
- Management and general (functional)
- $145,789
- Fundraising (functional)
- $46,992
Balance sheet and other
- Total assets, start of year
- $229,361
- Total assets, end of year
- $195,576
- Total liabilities, end of year
- $22,242
- Net assets, end of year
- $173,334
- Net assets without donor restrictions
- $173,334
- Gross unrelated business income
- $332,079
- Gross receipts
- $525,586
- Employees
- 7
- Volunteers
- 4
- Year formed
- 2019
- State of legal domicile
- MA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN MULDOON | TREASURER Trustee or director, Officer | 20 | $65,388 |
| ERIC GEDSTAD | EXECUTIVE DIRECTOR & BOARD MEMBER Trustee or director, Officer | 40 | $24,615 |
| WILLIAM CRAFT | PRESIDENT Trustee or director, Officer | 2 | $0 |
| CHARLES GOODRICH | CLERK Trustee or director, Officer | 2 | $0 |
| DAVID GARLAND | DIRECTOR (AS OF DEC. 2025) Trustee or director | 2 | $0 |
| ELLIE SPAULDING RAYMOND | DIRECTOR (AS OF DEC. 2025) Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN MULDOON | PRESIDENT & DIRECTOR Trustee or director, Officer | 50 | $73,119 |
| DIANE LINEHAN | DIRECTOR (7/24 - 8/24) Trustee or director | 1 | $26,732 |
| WILLIAM CRAFT | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 |
| CHUCK GOODRICH | CLERK & DIRECTOR Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN MULDOON | PRESIDENT & DIRECTOR Trustee or director, Officer | 50 | $51,912 |
| WILLIAM CRAFT | TREASURER & DIRECTOR Trustee or director, Officer | 2 | $0 |
| MARY BUCKLEY-HARMON | SECRETARY, CLERK & DIRECTO Trustee or director, Officer | 2 | $0 |
| TRACY FILOSA | CHAIRPERSON & DIRECTOR Trustee or director, Officer | 2 | $0 |
| CHUCK GOODRICH | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 54 N MAIN ST, IPSWICH, MA 01938-2234
- In care of
- % JOHN P MULDOON
- Principal officer (990 for 2025)
- JOHN MULDOON, PO BOX 183, IPSWICH, MA 01938
- Signed the 990
- JOHN MULDOON, TREASURER
- Phone
- (978) 500-6077
- Website
- WWW.THELOCALNEWS.NEWS
- Return prepared by
- POZERSKI HATCH & COMPANY
Mission
THE ORGANIZATION'S MISSION IS TO PROVIDE ACCURATE, FULL, AND FAIR COVERAGE OF THE NEWS IN IPSWICH AND ROWLEY, MASSACHUSETTS, AS WELL AS NEWS OF INTEREST FROM SURROUNDING COMMUNITIES.
Program accomplishments
- PROVIDE A PRINT AND ONLINE PUBLICATION OF A LOCAL NEWSPAPER TO THE TOWNS OF IPSWICH AND ROWLEY, AS WELL AS REPORT ON NEWS OF INTEREST FROM SURROUNDING COMMUNITIES. THE PAPER IS MAILED FREE TO RESIDENTS, REACHING 9,400 HOUSEHOLDS IN A COMMUNITY OF 20,000 PEOPLE. IN ADDITION TO THE WEEKLY EDITION, AN ONLINE VERSION OF THE PAPER INCLUDES 180,000 PAGE VIEWS PER MONTH, UP 5,000 VIEWS COMPARED TO LAST YEAR.THE PAPER HAS INCREASED ITS LEVEL OF READER ENGAGEMENT BASED ON LETTERS TO THE EDITOR, EMAILS TO NEWSPAPER STAFF, AND DISCUSSION AT NUMEROUS COMMUNITY EVENTS. IT HAS BECOME THE GO-TO SOURCE FOR LOCAL IPSWICH NEWS. THE PAPER HAS SEEN STRONG SUPPORT FROM THE COMMUNITY IN THE SEMI-ANNUAL FUNDRAISING DRIVE, AND THE MANY HANDWRITTEN NOTES OF THANKS ON THE IMPORTANCE OF LOCAL NEWS AND THE SERVICE WE PROVIDE.THE ORGANIZATION ALSO PROVIDES A SUPPLEMENT FOR THE NEIGHBORING TOWNS OF TOPSFIELD AND BOXFORD, WHICH IS DISTRIBUTED FREE EVERY WEEK AROUND THOSE COMMUNITIES. READERSHIP IN THOSE TWO COMMUNITIES IS IN THE LOW THOUSANDS.Expenses $369,383 · revenue $1,800
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-3780597
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A33)
- Assets (IRS master file)
- $195,576
- Income (IRS master file)
- $525,586
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $525,586 | $562,164 | $195,576 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $520,025 | $561,985 | $229,361 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $480,015 | $472,585 | $324,427 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $402,321 | $361,234 | $257,393 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | 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 84-3780597).
Questions about IPSWICH LOCAL NEWS INC
- What is the EIN of IPSWICH LOCAL NEWS INC?
- The employer identification number (EIN) of IPSWICH LOCAL NEWS INC is 84-3780597.
- Is IPSWICH LOCAL NEWS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to IPSWICH LOCAL NEWS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IPSWICH LOCAL NEWS 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 IPSWICH LOCAL NEWS 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 IPSWICH LOCAL NEWS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of IPSWICH LOCAL NEWS INC?
- The 990 for the year ended December 31, 2025 names JOHN MULDOON.
- Who are the officers and directors of IPSWICH LOCAL NEWS INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 2 received compensation from the organization, the highest $65,388 (JOHN MULDOON, TREASURER).
- How much revenue does IPSWICH LOCAL NEWS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $525,586, expenses of $562,164 and total assets of $195,576 at year end.
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