Nonprofit · EIN 04-3168434
SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC
Tax-exempt · SALEM, MA 01970
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $190,007 | $39,929 | $150,078 | $1,275,925 | $0 | $1,275,925 |
| June 30, 2023 | 990 | $126,356 | $36,763 | $89,593 | $1,125,846 | $0 | $1,125,846 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $39,250
- Program service revenue
- $0
- Investment income
- $27,930
- Other revenue
- $122,827
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $39,929
Balance sheet and other
- Total assets, start of year
- $1,125,847
- Total assets, end of year
- $1,275,925
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,275,925
- Publicly traded securities
- $1,275,925
- Net assets without donor restrictions
- $1,275,925
- Gross receipts
- $190,007
- Employees
- 0
- Year formed
- 1992
- 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 June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER T CASEY | CLERK Trustee or director, Officer | 2 | $0 |
| TIMOTHY CLARK | DIRECTOR Trustee or director | 2 | $0 |
| JOHN P FISHER | DIRECTOR Trustee or director | 2 | $0 |
| ROB LUTTS | TREASURER Trustee or director, Officer | 2 | $0 |
| BRUCE WHEAR | PRESIDENT Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE WHEAR | PRESIDENT Trustee or director, Officer | – | $0 |
| ROBERT LUTTS | TREASURER Trustee or director, Officer | – | $0 |
| CHRISTOPHER T CASEY | CLERK Trustee or director, Officer | – | $0 |
| TIMOTHY CLARK | DIRECTOR Trustee or director | – | $0 |
| JOHN P FISHER | DIRECTOR Trustee or director | – | $0 |
| ADRIA DUIJVESTEIJN | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- CHRISTOPHER CASEY 71 WASHINGTON ST, SALEM, MA 01970-0000
- In care of
- % CHRISTOPHER CASEY
- Mailing address (990-N for 2017)
- Christopher Casey 71 Washington St, Salem MA 01970
- Principal officer (990 for 2023)
- CHRISTOPHER T CASEY, 71 WASHINGTON STREET, SALEM, MA 01970
- Principal officer (990-N for 2017)
- Christopher Casey, 71 Washington Street, Salem MA 01970
- Signed the 990
- CHRISTOPHER T CASEY, CLERK
- Phone
- (978) 741-3888
- Return prepared by
- NEAL A PRICE & COMPANY
Mission
PROVIDE SCHOLARSHIPS
Program accomplishments
- SCHOLARSHIPS PROVIDED TO NUMEROUS QUALIFIED LOCAL HIGH SCHOOL GRADUATESExpenses $39,929
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3168434
- 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
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B84Z)
- Assets (IRS master file)
- $1,275,925
- Income (IRS master file)
- $190,007
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $190,007 | $39,929 | $1,275,925 | IRS |
| 990 | June 2023 | $126,356 | $36,763 | $1,125,846 | XML |
| 990 | June 2022 | $74,177 | $225,522 | $1,036,254 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990-N for 2017 Officer: Christopher Casey | June 30, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 04-3168434).
Questions about SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC
- What is the EIN of SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC is 04-3168434.
- Is SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC 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 SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended June 30, 2024 names CHRISTOPHER T CASEY.
- Who are the officers and directors of SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended June 30, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SALEM ROTARY CLUB VANCE M SMITH III SCHOLARSHIP FOUNDATION INC have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $190,007, expenses of $39,929 and total assets of $1,275,925 at year end.
Other nonprofits in SALEM
- SALEM STATE UNIVERSITY ALUMNI ASSOCIATION AND FOUNDATION INC EIN 04-2620632 · last filed 990 for 2025
- LEAP FOR EDUCATION INC EIN 47-1445061 · last filed 990 for 2025
- SALEM ACADEMY CHARTER SCHOOL FOUNDATION INC EIN 83-0368169 · last filed 990 for 2025
- OLIVER KILLAM PRIVATE FOUNDATION TRUST EIN 05-0566794 · last filed 990-PF for 2024
- PROPRIETORS OF THE SALEM ATHENAEUM EIN 04-1802590 · last filed 990 for 2025
- EXPLORERS LIFELONG LEARNING INSTITUTE OF SSC INC EIN 75-3112187 · last filed 990-EZ for 2025
- THE GREENHOUSE SCHOOL INC EIN 04-2801463 · last filed 990 for 2024
- ZERO BALANCING TOUCH FOUNDATION INC EIN 46-2286012 · last filed 990-EZ for 2025