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Nonprofit · EIN 92-2138720

WAYLAND COMMUNITY FUND INC

Tax-exempt · WAYLAND, MA 01778

Financials

$258K$43K2023$13K$75K2024
Revenue Expenses · by fiscal year end
Financials of WAYLAND COMMUNITY FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$13,179$74,656-$61,477$188,834$0$188,834
December 31, 2023990$258,188$42,820$215,368$250,311$0$250,311
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,741
Program service revenue
$0
Investment income
$438
Other revenue
$0

Expenses

Grants and similar amounts paid
$72,999
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$226
Program services (functional)
$72,999
Management and general (functional)
$1,657

Balance sheet and other

Total assets, start of year
$250,311
Total assets, end of year
$188,834
Total liabilities, end of year
$0
Net assets, end of year
$188,834
Gross receipts
$13,179
Employees
0
Volunteers
0
Year formed
2023
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 / weekCompensation
LYNN DOWDPRESIDENT
Officer
1$0
BECCA TIPTONTREASURER
Officer
1$0
JODI CHASECLERK
Officer
1$0
ELIZA MOSURICKDIRECTOR
Officer
1$0
RUTH BACKMANDIRECTOR
Officer
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
LYNN DOWDPRESIDENT
Officer
1$0
BECCA TIPTONTREASURER
Officer
1$0
JODI CHASECLERK
Officer
1$0
JANE PURSERDIRECTOR
Officer
1$0
RUTH BACKMANDIRECTOR
Officer
1$0

Address and contacts

Address (IRS master file)
297 BOSTON POST RD 196, WAYLAND, MA 01778-1827
In care of
% LYNN DOWD
Principal officer (990 for 2024)
LYNN DOWD, 9 LODGE RD, WAYLAND, MA 01778
Signed the 990
LYNN DOWD, PRESIDENT
Phone
(781) 531-5435
Return prepared by
HOWELL & MINCHELLO LLP

Mission

TO PROVIDE SHORT-TERM EMERGENCY FINANCIAL ASSISTANCE TO ELIGIBLE WAYLANDRESIDENTS. ELIGIBLE RESIDENTS WILL 1) BE CURRENT RESIDENTS OF WAYLAND, MA; 2) HAVE MAINTAINED THEIR PRIMARY RESIDENCE IN WAYLAND, MA FOR AT LEAST ONE YEAR; AND 3) HAVE A DEMONSTRATED FINANCIAL NEED. FUNDING IS PROVIDED FOR BASIC NEEDS SUCH AS UTILITIES, RENT, FOOD, MEDICAL BILLS, AND OTHER LIVING EXPENSES. FUNDS ARE NOT PROVIDED DIRECTLY TO THE APPLICANT, BUT DISBURSED TO THE VENDOR OF THE OUTSTANDING BILL

990 for the year ended December 31, 2024

Program accomplishments

  • ELECTRICITY : $5,243.36 TO 9 RESIDENTS.
    Expenses $5,244 · grants $5,244
  • HOUSING: $31,882.00 TO 16 RESIDENTS. THIS INCLUDED RENT AND MORTGAGE PAYMENTS.
    Expenses $31,882 · grants $31,882
  • HEAT(GAS AND OIL): $6,897.02 TO 8 RESIDENTS.
    Expenses $6,897 · grants $6,897
  • ALL OTHER SMALL SUPPORT PAYMENTS
    Expenses $28,976 · grants $28,976
  • ELECTRICITY : $5,243.36 TO 9 RESIDENTS.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
92-2138720
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P60)
Assets (IRS master file)
$188,834
Income (IRS master file)
$13,179

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$13,179$74,656$188,834XML
990December 2023$258,188$42,820$250,311XML

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 92-2138720).

Questions about WAYLAND COMMUNITY FUND INC

What is the EIN of WAYLAND COMMUNITY FUND INC?
The employer identification number (EIN) of WAYLAND COMMUNITY FUND INC is 92-2138720.
Is WAYLAND COMMUNITY FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to WAYLAND COMMUNITY FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WAYLAND COMMUNITY FUND INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of WAYLAND COMMUNITY FUND 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 WAYLAND COMMUNITY FUND 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 WAYLAND COMMUNITY FUND INC?
The 990 for the year ended December 31, 2024 names LYNN DOWD.
Who are the officers and directors of WAYLAND COMMUNITY FUND INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does WAYLAND COMMUNITY FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $13,179, expenses of $74,656 and total assets of $188,834 at year end.

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