Nonprofit · EIN 04-6031813
ISABEL BABSON MEMORIAL INCORPORATED
Tax-exempt · GLOUCESTER, MA 01930
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $207,642 | $222,902 | -$15,260 | $4,324,240 | $0 | $4,324,240 |
| December 31, 2024 | 990-PF | $683,186 | $212,902 | $470,284 | $4,314,809 | $0 | $4,314,809 |
| December 31, 2023 | 990-PF | $21,608 | $196,439 | -$174,831 | $3,858,356 | $0 | $3,858,356 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $17,799
- Interest
- $147,265
- Net gain from sales of assets
- $42,578
Expenses
- Grants and similar amounts paid
- $40,000
- Compensation of officers, directors and key employees
- $70,339
- Salaries, compensation and benefits (total)
- $42,803
- Disbursements for charitable purposes
- $218,963
- Excise tax on investment income
- $2,886
Balance sheet and other
- Total assets, start of year
- $4,314,809
- Total assets, end of year
- $4,324,240
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,324,240
- Fair market value of assets
- $4,324,240
- Qualifying distributions
- $218,963
- Net investment income
- $207,642
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gary C Brackett 12 Meadowview Road, West Chesterfield, NH 03466 | President & Trustee | 40 | $53,531 |
| Margaret Quinn 48 Pineswamp Rd, Ipswich, MA 01938 | Treasurer Secretary | 10 | $13,607 |
| Sandra J Andreson 3 Deer Path Unit 3, Maynard, MA 01754 | Trustee | 1 | $1,600 |
| Louise Quinn 21 Wedgewood Rd, Stow, MA 01775 | Trustee | 1 | $1,600 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gary C Brackett 12 Meadowview Road, West Chesterfield, NH 03466 | President & Trustee | 40 | $52,250 |
| Margaret Quinn 48 Pineswamp Rd, Ipswich, MA 01938 | Treasurer Secretary | 10 | $13,300 |
| Sandra J Andreson 3 Deer Path Unit 3, Maynard, MA 01754 | Trustee | 1 | $1,600 |
| Louise Quinn 21 Wedgewood Rd, Stow, MA 01775 | Trustee | 1 | $1,600 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gary C Brackett 12 Meadowview Road, West Chesterfield, NH 03466 | President & Trustee | 30 | $51,000 |
| Margaret R Quinn 48 Pineswamp Road, Ipswich, MA 01938 | Treasurer Secretary | 5 | $13,000 |
| G Kevin Quinn 21 Wedgewood Rd, Stow, MA 01775 | Trustee | 10 | $1,600 |
| Sandra J Andreson 3 Deer Path Unit 3, Maynard, MA 01754 | Trustee | 2 | $1,600 |
| Louise C Quinn 21 Wedgewood Rd, Stow, MA 01775 | Trustee | 1 | $1,600 |
Address and contacts
- Address (IRS master file)
- 69 MAIN ST, GLOUCESTER, MA 01930-5752
- In care of
- % JOHN J SWEENEY
- Signed the 990-PF
- Gary C Brackett, President
- Phone
- (978) 283-5624
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 | 990-PF 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
- 04-6031813
- 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
- 1963
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $4,324,240
- Income (IRS master file)
- $3,411,064
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $207,642 | $222,902 | $4,324,240 | IRS |
| 990-PF | December 2024 | $683,186 | $212,902 | $4,314,809 | XML |
| 990-PF | December 2023 | $21,608 | $196,439 | $3,858,356 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 04-6031813).
Questions about ISABEL BABSON MEMORIAL INCORPORATED
- What is the EIN of ISABEL BABSON MEMORIAL INCORPORATED?
- The employer identification number (EIN) of ISABEL BABSON MEMORIAL INCORPORATED is 04-6031813.
- Is ISABEL BABSON MEMORIAL INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to ISABEL BABSON MEMORIAL INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ISABEL BABSON MEMORIAL INCORPORATED file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ISABEL BABSON MEMORIAL INCORPORATED 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 ISABEL BABSON MEMORIAL INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of ISABEL BABSON MEMORIAL INCORPORATED?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $53,531 (Gary C Brackett, President & Trustee).
- How much revenue does ISABEL BABSON MEMORIAL INCORPORATED have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $207,642, expenses of $222,902 and total assets of $4,324,240 at year end.
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