Nonprofit · EIN 94-2719281
GILROY FOUNDATION
Tax-exempt · GILROY, CA 95021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,577,194 | $2,263,401 | $313,793 | $16,122,335 | $2,527,291 | $13,595,044 |
| December 31, 2023 | 990 | $3,617,821 | $1,503,199 | $2,114,622 | $15,670,623 | $2,389,372 | $13,281,251 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,139,692
- Program service revenue
- $0
- Investment income
- $1,146,835
- Net rental income
- $8,100
- Net income from fundraising events
- $85,611
- Other revenue
- $290,667
Expenses
- Grants and similar amounts paid
- $1,563,024
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $197,812
- Salaries, compensation and benefits (total)
- $213,315
- Professional fundraising fees
- $0
- Accounting fees
- $26,285
- Occupancy
- $23,442
- Program services (functional)
- $1,601,427
- Management and general (functional)
- $661,974
Balance sheet and other
- Total assets, start of year
- $15,670,623
- Total assets, end of year
- $16,122,335
- Total liabilities, end of year
- $2,527,291
- Net assets, end of year
- $13,595,044
- Land, buildings and equipment
- $1,391
- Publicly traded securities
- $14,372,613
- Net assets without donor restrictions
- $1,455,591
- Net assets with donor restrictions
- $12,139,453
- Gross receipts
- $2,791,484
- Employees
- 4
- Volunteers
- 150
- Year formed
- 1980
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RIGO VARGAS | Vice President Trustee or director, Officer | 1 | $0 |
| VITO MERCADO | President Trustee or director, Officer | 2 | $0 |
| CARLOS PINEDA | Director Trustee or director | 1 | $0 |
| YESENIA GONZALEZ | Director Trustee or director | 1 | $0 |
| DON DELORENZO | Director Trustee or director | 1 | $0 |
| GINA ANDERSON | Director Trustee or director | 1 | $0 |
| JENNIFER SPENO | Treasurer Trustee or director, Officer | 2 | $0 |
| LEE BLAETTLER | Secretary Trustee or director, Officer | 1 | $0 |
| LAUREN MANTANI | Director Trustee or director | 1 | $0 |
| ERICKA DAVIS | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RIGO VARGAS | Vice President Trustee or director, Officer | 1 | $0 |
| VITO MERCADO | President Trustee or director, Officer | 2 | $0 |
| CARLOS PINEDA | Director Trustee or director | 1 | $0 |
| YESENIA GONZALEZ | Director Trustee or director | 1 | $0 |
| DON DELORENZO | Director Trustee or director | 1 | $0 |
| GINA ANDERSON | Director Trustee or director | 1 | $0 |
| JENNIFER SPENO | Treasurer Trustee or director, Officer | 2 | $0 |
| LEE BLAETTLER | Secretary Trustee or director, Officer | 1 | $0 |
| LAUREN MANTANI | Director Trustee or director | 1 | $0 |
| ERICKA DAVIS | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 774, GILROY, CA 95021-0774
- Principal officer (990 for 2024)
- VITO MERCADO, PO BOX 774, GILROY, CA 95021
- Signed the 990
- VITO MERCADO, President
- Phone
- (408) 842-3727
- Website
- WWW.GILROYFOUNDATION.ORG
- Return prepared by
- Blaettler Accountancy
California records
California keeps its own records of charities and corporations. Search them by EIN 94-2719281 or by the name GILROY FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
FOUNDED IN 1980, THE GILROY FOUNDATION WAS ORGANIZED SPECIFICALLY TO HELP THE NEEDS OF THE COMMUNITY IN THE AREAS OF HEALTH, EDUCATION, RECREATION, CULTURE AND CIVIC SERVICES.
Program accomplishments
- CHARITABLE GRANTSExpenses $1,139,884 · grants $1,139,884
- VARIOUS SCHOLARSHIPSExpenses $423,140 · grants $423,140
- VARIOUS COMMUNITY PROGRAMS AND PROJECTS.Expenses $38,403 · grants $38,403
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-2719281
- 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
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $16,122,335
- Income (IRS master file)
- $2,791,484
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,577,194 | $2,263,401 | $16,122,335 | IRS |
| 990 | December 2023 | $3,617,821 | $1,503,199 | $15,670,623 | XML |
| 990 | December 2022 | $935,058 | $3,357,199 | $13,429,147 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 94-2719281).
Questions about GILROY FOUNDATION
- What is the EIN of GILROY FOUNDATION?
- The employer identification number (EIN) of GILROY FOUNDATION is 94-2719281.
- Is GILROY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to GILROY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GILROY 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 GILROY FOUNDATION 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 GILROY FOUNDATION 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 GILROY FOUNDATION?
- The 990 for the year ended December 31, 2024 names VITO MERCADO.
- Who are the officers and directors of GILROY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does GILROY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,577,194, expenses of $2,263,401 and total assets of $16,122,335 at year end.
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- COMMUNITY SOLUTIONS FOR CHILDREN FAMILIES AND INDIVIDUALS EIN 23-7351215 · last filed 990 for 2025
- INDEPENDENT ORDER OF ODD FELLOWS EIN 94-1167402 · last filed 990 for 2025
- GILROY GARDENS FAMILY THEME PARK EIN 31-1574450 · last filed 990 for 2024
- SOUTH COUNTY COMMUNITY SERVICES EIN 03-0391775 · last filed 990 for 2026
- PACIFIC POINT CHRISTIAN SCHOOLS EIN 45-1806224 · last filed 990 for 2025
- OPERATION FREEDOM PAWS EIN 45-2566382 · last filed 990 for 2025
- SOUTH COUNTY COMPASSION CENTER EIN 45-2189365 · last filed 990 for 2025