Nonprofit · EIN 85-3458068
WATERSTONE REAL ESTATE FOUNDATION
Tax-exempt · COLORADO SPGS, CO 80921
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $6,822,755 | $343,005 | $6,479,750 | $31,696,386 | $61,654 | $31,634,732 |
| March 31, 2024 | 990 | $5,375,460 | $601,613 | $4,773,847 | $18,689,554 | $412,616 | $18,276,938 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $6,353,224
- Program service revenue
- $0
- Investment income
- $448
- Net rental income
- $469,083
- Other revenue
- $469,083
Expenses
- Grants and similar amounts paid
- $92,057
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $30,000
- Salaries, compensation and benefits (total)
- $32,295
- Professional fundraising fees
- $0
- Legal fees
- $51,697
- Occupancy
- $85,066
- Travel
- $21,487
- Depreciation
- $13,448
- Program services (functional)
- $327,014
- Management and general (functional)
- $15,991
Balance sheet and other
- Total assets, start of year
- $18,689,554
- Total assets, end of year
- $31,696,386
- Total liabilities, end of year
- $61,654
- Net assets, end of year
- $31,634,732
- Land, buildings and equipment
- $31,213,391
- Net assets without donor restrictions
- $31,634,732
- Gross receipts
- $7,386,835
- Employees
- 0
- Year formed
- 2020
- State of legal domicile
- CO
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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Ken Harrison | CEO Trustee or director, Officer | 1 | $0 | $528,071 | $30,506 |
| Richard von Gnechten | Director Trustee or director, Officer | 1 | $0 | $326,459 | $19,195 |
| Chris Start | Treasurer Trustee or director, Officer | 1 | $0 | $275,300 | $27,230 |
| Ruthann Witkop | Assistant Sec. Officer | 1 | $0 | $84,799 | $21,093 |
| Rich Lavinski | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended March 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Ken Harrison | CEO Trustee or director, Officer | 1 | $0 | $481,119 | $47,050 |
| Richard von Gnechten | Director Trustee or director, Officer | 1 | $0 | $282,820 | $31,636 |
| Chris Start | Treasurer Trustee or director, Officer | 1 | $0 | $234,558 | $42,008 |
| Ruthann Witkop | Assistant Sec. Officer | 1 | $0 | $72,993 | $34,223 |
| Rich Lavinski | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10807 NEW ALLEGIANCE DR STE 240, COLORADO SPGS, CO 80921-3803
- Signed the 990
- Chris Start, Treasurer
Mission
Encourage and Facilitate Donors to Achieve Christ-Centered Objectives by Providing Excellence in Personalized Charitable Giving Services and Education Resources
Program accomplishments
- The Foundation is organized and operated to support the Christian Community Foundation DBA WaterStone and other public charities whose work furthers WaterStone's purpose by receiving and managing charitable contributions to support those ministries.Expenses $327,014 · grants $92,057
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 85-3458068
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2021
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $31,696,386
- Income (IRS master file)
- $7,386,835
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $6,822,755 | $343,005 | $31,696,386 | XML |
| 990 | March 2024 | $5,375,460 | $601,613 | $18,689,554 | XML |
| 990 | March 2023 | $3,726,457 | $3,086,673 | $13,520,512 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 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 85-3458068).
Questions about WATERSTONE REAL ESTATE FOUNDATION
- What is the EIN of WATERSTONE REAL ESTATE FOUNDATION?
- The employer identification number (EIN) of WATERSTONE REAL ESTATE FOUNDATION is 85-3458068.
- Is WATERSTONE REAL ESTATE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to WATERSTONE REAL ESTATE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does WATERSTONE REAL ESTATE FOUNDATION 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 WATERSTONE REAL ESTATE FOUNDATION due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERSTONE REAL ESTATE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who are the officers and directors of WATERSTONE REAL ESTATE FOUNDATION?
- The 990 for the year ended March 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does WATERSTONE REAL ESTATE FOUNDATION have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $6,822,755, expenses of $343,005 and total assets of $31,696,386 at year end.
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- THE NEW HORIZONS FOUNDATION INC EIN 84-1123082 · last filed 990 for 2024
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- WATERSTONE SUPPORT FOUNDATION INC EIN 84-1430063 · last filed 990 for 2025
- COLORADO SPRINGS HEALTH FOUNDATION EIN 46-1076026 · last filed 990 for 2025
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- NATIONAL FOUNDATION INC EIN 54-1230512 · last filed 990 for 2025
All nonprofits in COLORADO SPGS · Colorado · Philanthropy, voluntarism and grantmaking foundations