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Nonprofit · EIN 85-2888716

FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS

Tax-exempt · EDWARDSVILLE, IL 62025

Financials

$8K$622K2023$1K$323K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,362$322,963-$321,601$693,673$0$693,673
December 31, 2023990-PF$8,439$621,759-$613,320$1,015,274$0$1,015,274
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$4,094
Interest
$804
Net gain from sales of assets
-$3,687
Other income
$151

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$52,918
Salaries, compensation and benefits (total)
$227,362
Disbursements for charitable purposes
$322,963
Excise tax on investment income
$70

Balance sheet and other

Total assets, start of year
$1,015,274
Total assets, end of year
$693,673
Total liabilities, end of year
$0
Net assets, end of year
$693,673
Fair market value of assets
$729,332
Qualifying distributions
$322,963
Net investment income
$5,049

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
Rob Sinn
501 SILVERSIDE RD, WILMINGTON, DE 198091377
EXECUTIVE DIRECTOR
Highest-paid employee
40$73,984
DONALD BAUMER
501 SILVERSIDE RD, WILMINGTON, DE 198091377
DIRECTOR OF RESEARCH
Highest-paid employee
40$68,952
SUSANNA SMITH
501 SILVERSIDE RD, WILMINGTON, DE 198091377
PROGRAM DIRECTOR
Highest-paid employee
40$65,129
Michael P Sinn
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres, Sec, Treas40$52,918
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Rob Sinn
501 SILVERSIDE RD, WILMINGTON, DE 198091377
EXECUTIVE DIRECTOR
Highest-paid employee
40$79,976
SUSANNA SMITH
501 SILVERSIDE RD, WILMINGTON, DE 198091377
PROGRAM DIRECTOR
Highest-paid employee
40$68,994
DONALD BAUMER
501 SILVERSIDE RD, WILMINGTON, DE 198091377
DIRECTOR OF RESEARCH
Highest-paid employee
40$68,952
Michael P Sinn
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres, Sec, Treas40$49,296

Address and contacts

Address (IRS master file)
601 HILLSBORO AVE APT B, EDWARDSVILLE, IL 62025-1818
In care of
% FOUNDATION SOURCE
Signed the 990-PF
Mike P Sinn, President
Phone
(800) 839-1754
Return prepared by
Foundation Source

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
85-2888716
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
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$693,673
Income (IRS master file)
$801,348

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,362$322,963$693,673XML
990-PFDecember 2023$8,439$621,759$1,015,274XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 85-2888716).

Questions about FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS

What is the EIN of FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS?
The employer identification number (EIN) of FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS is 85-2888716.
Is FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS file?
Form 990-PF. Private foundations file every year.
When is the next return of FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS 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 FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS 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 FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS?
The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $73,984 (Rob Sinn, EXECUTIVE DIRECTOR).
How much revenue does FOUNDATION FOR THE ERADICATION OF DEMENTIA AND MENTAL ILLNESS have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,362, expenses of $322,963 and total assets of $693,673 at year end.

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