Nonprofit · EIN 88-1340802
MERCHANTS FOUNDATION INC
Tax-exempt · CARMEL, IN 46032
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $449,520 | $449,520 | $0 | $500 | $0 | $500 |
| December 31, 2023 | 990-PF | $106,773 | $106,273 | $500 | $500 | $0 | $500 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $449,520
Expenses
- Grants and similar amounts paid
- $449,520
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $449,520
Balance sheet and other
- Total assets, start of year
- $500
- Total assets, end of year
- $500
- Total liabilities, end of year
- $0
- Net assets, end of year
- $500
- Fair market value of assets
- $500
- Qualifying distributions
- $449,520
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIA L KAERCHER 410 MONON BOULEVARD, CARMEL, IN 46032 | EXEC DIRECTOR, PRESIDENT | 28 | $0 |
| MICHAEL DURY 410 MONON BOULEVARD, CARMEL, IN 46032 | DIRECTOR | 1 | $0 |
| MICHAEL PETRIE 410 MONON BOULEVARD, CARMEL, IN 46032 | DIRECTOR | 1 | $0 |
| MICHAEL DUNLAP 410 MONON BOULEVARD, CARMEL, IN 46032 | DIRECTOR | 1 | $0 |
| TERRY OZNICK 410 MONON BOULEVARD, CARMEL, IN 46032 | SECRETARY | 1 | $0 |
| JOHN MACKE 410 MONON BOULEVARD, CARMEL, IN 46032 | TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Julia Kaercher 410 Monon Boulevard, Carmel, IN 46032 | Executive Director & President | 28 | $0 |
| Terry Oznick 410 Monon Boulevard, Carmel, IN 46032 | Secretary | 0.25 | $0 |
| Michael F Petrie 410 Monon Boulevard, Carmel, IN 46032 | Director | 0.25 | $0 |
| Michael Dury 410 Monon Boulevard, Carmel, IN 46032 | Director | 1 | $0 |
| Michael Dunlap 410 Monon Boulevard, Carmel, IN 46032 | Director | 1 | $0 |
| John Macke 410 Monon Boulevard, Carmel, IN 46032 | Treasurer | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 410 MONON BLVD, CARMEL, IN 46032-2345
- In care of
- % JOHN MACKE
- Signed the 990-PF
- JULIA KAERCHER, EXEC DIRECTOR, PRESIDENT
- Phone
- (317) 663-5030
- Website
- WWW.MERCHANTSFOUNDATION.ORG
- Return prepared by
- KPMG LLP
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 88-1340802
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $500
- Income (IRS master file)
- $449,520
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $449,520 | $449,520 | $500 | XML |
| 990-PF | December 2023 | $106,773 | $106,273 | $500 | XML |
| 990-PF | December 2022 | – | – | – | 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 88-1340802).
Questions about MERCHANTS FOUNDATION INC
- What is the EIN of MERCHANTS FOUNDATION INC?
- The employer identification number (EIN) of MERCHANTS FOUNDATION INC is 88-1340802.
- Is MERCHANTS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to MERCHANTS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MERCHANTS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MERCHANTS 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 MERCHANTS FOUNDATION INC 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 MERCHANTS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does MERCHANTS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $449,520, expenses of $449,520 and total assets of $500 at year end.
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