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Nonprofit · EIN 85-3449732

WOLLASTON LUTHERAN FOUNDATION INC

Tax-exempt · QUINCY, MA 02169

Financials

$996K$44K2023$1.2M$672K2024
Revenue Expenses · by fiscal year end
Financials of WOLLASTON LUTHERAN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,202,819$671,564$531,255$19,710,331$7,000$19,703,331
December 31, 2023990$996,308$44,182$952,126$19,176,452$0$19,176,452
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$231,547
Program service revenue
$0
Investment income
$971,272
Net gain from sales of assets
$37,105
Other revenue
$0

Expenses

Grants and similar amounts paid
$666,064
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,500
Program services (functional)
$666,064
Management and general (functional)
$5,500

Balance sheet and other

Total assets, start of year
$19,176,452
Total assets, end of year
$19,710,331
Total liabilities, end of year
$7,000
Net assets, end of year
$19,703,331
Publicly traded securities
$15,782,879
Net assets without donor restrictions
$19,703,331
Gross receipts
$9,339,147
Employees
0
Year formed
2020
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
TIMOTHY WISMARPRESIDENT/TR
Trustee or director, Officer
0.25$0$380,117$63,950
REV STEVE LAWDIRECTOR/VIC
Trustee or director, Officer
0.25$0$273,398$21,595
MARCIA BAILEYDIRECTOR
Trustee or director
–$0$0$0
REV LESLEY CHENDIRECTOR
Trustee or director
–$0$0$0
REV JAMES KIMMELLDIRECTOR
Trustee or director
–$0$0$0
REV RICHARD LAWDIRECTOR
Trustee or director
–$0$0$0
KOMBORERO SHOKODIRECTOR
Trustee or director
–$0$0$0
LOLA TOMDIRECTOR / C
Trustee or director, Officer
–$0$0$0
BARBARA WISMARDIRECTOR
Trustee or director
–$0$0$0
REV ADOLPH WISMARDIRECTOR
Trustee or director
–$0$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TIMOTHY WISMARPRESIDENT/TR
Trustee or director, Officer
4$0$191,214$55,732
MARCIA BAILEYDIRECTOR
Trustee or director
0.5$0$0$0
REV LESLEY CHENDIRECTOR
Trustee or director
0.5$0$0$0
REV JAMES KIMMELLDIRECTOR
Trustee or director
0.5$0$0$0
REV STEVE LAWDIRECTOR/VIC
Trustee or director, Officer
0.5$0$0$0
REV RICHARD LAWDIRECTOR
Trustee or director
0.5$0$0$0
KOMBORERO SHOKODIRECTOR
Trustee or director
0.5$0$0$0
LOLA TOMDIRECTOR / C
Trustee or director, Officer
0.5$0$0$0
BARBARA WISMARDIRECTOR
Trustee or director
0.5$0$0$0
REV ADOLPH WISMARDIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
45 BRACKETT STREET, QUINCY, MA 02169-4646
Principal officer (990 for 2024)
TIMOTHY WISMAR, 45 BRACKETT ST, QUINCY, MA 02169
Signed the 990
TIMOTHY WISMAR, PRESIDENT/TREAS/DIR
Phone
(617) 479-0248
Return prepared by
BRENT RICHARDSON CPA

Mission

HOLD, INVEST, MANAGE, AND DEPLOY FUNDS FOR THE CHARITABLE PURPOSES OF SUPPORTING PROGRAMS AND ACTIVITIES THAT BENEFIT INDIVIDUALS WHO RESIDE IN AND AROUND QUINCY, MASSACHUSETTS. SUPPORT FOUR NAMED NON-PROFITS, AND OTHERS, WHICH DO THE SAME.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION MADE SEVERAL DONATIONS TO THE WOLLASTON LUTHERAN CHURCH OF QUINCY, MA TO SUPPORT THEIR EFFORTS TO PROVIDE A PARSONAGE FOR CHURCH STAFF AND ONGOING PROGRAMS. A SMALLER DONATION WAS GIVEN FOR THE SUPPORT OF A CHURCH IN ZIMBABWE.
    Expenses $666,064 · grants $666,064

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-3449732
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,710,331
Income (IRS master file)
$9,339,147

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,202,819$671,564$19,710,331XML
990December 2023$996,308$44,182$19,176,452XML
990December 2022$1,258,656$281,123$18,164,170IRS
990December 2021–––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 85-3449732).

Questions about WOLLASTON LUTHERAN FOUNDATION INC

What is the EIN of WOLLASTON LUTHERAN FOUNDATION INC?
The employer identification number (EIN) of WOLLASTON LUTHERAN FOUNDATION INC is 85-3449732.
Is WOLLASTON LUTHERAN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to WOLLASTON LUTHERAN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does WOLLASTON LUTHERAN FOUNDATION 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 WOLLASTON LUTHERAN FOUNDATION INC 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 WOLLASTON LUTHERAN FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WOLLASTON LUTHERAN FOUNDATION INC?
The 990 for the year ended December 31, 2024 names TIMOTHY WISMAR.
Who are the officers and directors of WOLLASTON LUTHERAN FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does WOLLASTON LUTHERAN FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,202,819, expenses of $671,564 and total assets of $19,710,331 at year end.

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