Skip to main content

Nonprofit · EIN 87-4152098

PASSUMPSIC BANK CHARITABLE FUND INC

Tax-exempt · ST JOHNSBURY, VT 05819

Financials

$94K$33K2023$369K$81K2024$140K$62K2025
Revenue Expenses · by fiscal year end
Financials of PASSUMPSIC BANK CHARITABLE FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$139,979$62,356$77,623$859,434$0$859,434
December 31, 2024990-PF$369,489$80,878$288,611$748,912$0$748,912
December 31, 2023990-PF$93,968$33,253$60,715$530,852$0$530,852
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$102,779
Dividends
$5,809
Interest
$6,495
Net gain from sales of assets
$24,896

Expenses

Grants and similar amounts paid
$50,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$50,875
Excise tax on investment income
$434

Balance sheet and other

Total assets, start of year
$748,912
Total assets, end of year
$859,434
Total liabilities, end of year
$0
Net assets, end of year
$859,434
Fair market value of assets
$859,434
Qualifying distributions
$50,875
Net investment income
$37,200

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.

NameTitleHours / weekCompensation
Richard Lyon
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Roena Whitehill
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Daniel Kimbell
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Jeffrey Gilman
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Elaine Bixby
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Jim Kisch
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Richard Lyon
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Roena Whitehill
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Daniel Kimbell
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Jeffrey Gilman
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Elaine Bixby
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Jim Kisch
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Richard Lyon
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Roena Whitehill
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Daniel Kimbell
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Bradley Gebbie
1242 Memorial Drive, St Johnsbury, VT 05819
Director (end July 2023)1$0
Jeffrey Gilman
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Elaine Bixby
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0
Jim Kisch
1242 Memorial Drive, St Johnsbury, VT 05819
Director1$0

Address and contacts

Address (IRS master file)
1242 MEMORIAL DR, ST JOHNSBURY, VT 05819-9801
In care of
% RICHARD LYON
Signed the 990-PF
Richard Lyon, Director
Phone
(802) 748-3196
Return prepared by
Baker Newman & Noyes

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-4152098
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
2022
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$859,434
Income (IRS master file)
$482,143

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$139,979$62,356$859,434IRS
990-PFDecember 2024$369,489$80,878$748,912XML
990-PFDecember 2023$93,968$33,253$530,852XML
990-PFDecember 2022–––IRS
990-PFDecember 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 87-4152098).

Questions about PASSUMPSIC BANK CHARITABLE FUND INC

What is the EIN of PASSUMPSIC BANK CHARITABLE FUND INC?
The employer identification number (EIN) of PASSUMPSIC BANK CHARITABLE FUND INC is 87-4152098.
Is PASSUMPSIC BANK CHARITABLE FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to PASSUMPSIC BANK CHARITABLE FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PASSUMPSIC BANK CHARITABLE FUND INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PASSUMPSIC BANK CHARITABLE FUND 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 PASSUMPSIC BANK CHARITABLE FUND 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 PASSUMPSIC BANK CHARITABLE FUND INC?
The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does PASSUMPSIC BANK CHARITABLE FUND INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $139,979, expenses of $62,356 and total assets of $859,434 at year end.

Other nonprofits in ST JOHNSBURY

All nonprofits in ST JOHNSBURY · Vermont · Philanthropy, voluntarism and grantmaking foundations