Skip to main content

Nonprofit · EIN 99-3906172

SPRING BANK PROPERTY LLC

Also known as JUDITH RILEY SOLE MBR

Tax-exempt · FREDERICK, MD 21701

Financials

$1.3M$23K2025
Revenue Expenses · by fiscal year end
Financials of SPRING BANK PROPERTY LLC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,263,320$22,500$1,240,820$1,240,820$0$1,240,820
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,263,109
Program service revenue
$0
Investment income
$211
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Management and general (functional)
$22,500

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$1,240,820
Total liabilities, end of year
$0
Net assets, end of year
$1,240,820
Land, buildings and equipment
$1,100,504
Net assets without donor restrictions
$1,240,820
Gross receipts
$1,263,320
Employees
0
Volunteers
3
Year formed
2022
State of legal domicile
MD

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
GALEN CLAGETTPRESIDENT
Trustee or director, Officer
2$0
MARK LANCASTERTREASURER
Trustee or director, Officer
2$0
MAUREEN CONNORSSECRETARY
Trustee or director, Officer
2$0
JOSEPH WELTYDIRECTOR
Trustee or director
1$0
DANIEL M RYANDIRECTOR
Trustee or director
1$0
ANDREW JEANERRETDIRECTOR
Trustee or director
1$0
J D SHUMANDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
20 WEST THIRD STREET, FREDERICK, MD 21701-6077
Principal officer (990 for 2025)
GALEN CLAGETT, 20 WEST THIRD STREET, SUITE 1-A, FREDERICK, MD 21701
Signed the 990
MARK LANCASTER, TREASURER
Phone
(240) 575-9665
Return prepared by
JOHN T CECIL JR PA

Mission

THE MISSION OF THE SPRING BANK SENIOR RESOURCE CENTER IS TO CREATE A CENTRALIZED, WELCOMING HUB THAT CONNECTS OLDER ADULTS AND THEIR CAREGIVERS WITH TRUSTED NON-PROFIT PARTNERS, ESSENTIAL SERVICES, AND PRACTICAL RESOURCES IN ONE CONVENIENT LOCATION.

990 for the year ended December 31, 2025

Program accomplishments

  • SPRING BANK SENIOR RESOURCE CENTER IS BEING CREATED TO GIVE FREDERICK COUNTY, MARYLAND SENIORS AND THEIR CAREGIVERS ONE TRUSTED PLACE TO FIND SUPPORT, SERVICES, AND PRACTICAL HELP TO AGE WITH DIGNITY, INDEPENDENCE, AND CONNECTION.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-3906172
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P81)
Assets (IRS master file)
$1,240,820
Income (IRS master file)
$1,263,320

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,263,320$22,500$1,240,820XML

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 99-3906172).

Questions about SPRING BANK PROPERTY LLC

What is the EIN of SPRING BANK PROPERTY LLC?
The employer identification number (EIN) of SPRING BANK PROPERTY LLC is 99-3906172.
Is SPRING BANK PROPERTY LLC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to SPRING BANK PROPERTY LLC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SPRING BANK PROPERTY LLC 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 SPRING BANK PROPERTY LLC 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 SPRING BANK PROPERTY LLC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SPRING BANK PROPERTY LLC?
The 990 for the year ended December 31, 2025 names GALEN CLAGETT.
Who are the officers and directors of SPRING BANK PROPERTY LLC?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does SPRING BANK PROPERTY LLC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,263,320, expenses of $22,500 and total assets of $1,240,820 at year end.

Other nonprofits in FREDERICK

All nonprofits in FREDERICK · Maryland · Human services