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Nonprofit · EIN 16-6050287

GEBBIE FOUNDATION INC

Tax-exempt · JAMESTOWN, NY 14701

Financials

$2.9M$4.5M2023$3.9M$4M2024
Revenue Expenses · by fiscal year end
Financials of GEBBIE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,854,087$3,959,946-$105,859$79,237,972$3,298,487$75,939,485
December 31, 2023990-PF$2,885,877$4,491,878-$1,606,001$75,226,464$3,581,953$71,644,511
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,557,207
Interest
$2,487
Net rental income
$3,968
Net gain from sales of assets
$2,011,384
Other income
$260,209

Expenses

Grants and similar amounts paid
$2,959,468
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$335,483
Disbursements for charitable purposes
$3,709,312
Excise tax on investment income
$53,620

Balance sheet and other

Total assets, start of year
$75,226,464
Total assets, end of year
$79,237,972
Total liabilities, end of year
$3,298,487
Net assets, end of year
$75,939,485
Fair market value of assets
$79,237,972
Qualifying distributions
$3,709,312
Net investment income
$4,335,126

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GREGORY J EDWARDS
215 CHERRY STREET, JAMESTOWN, NY 14701
CEO
Highest-paid employee
35$189,399$9,470
KATHY BURCH
215 CHERRY STREET, JAMESTOWN, NY 14701
FINANCIAL OFFICER
Highest-paid employee
35$86,084$4,304
STEPHANIE BURDO
215 CHERRY STREET, JAMESTOWN, NY 14701
ADMINISTRATION
Highest-paid employee
35$60,000$2,750
DEREK WATKINS
215 CHERRY STREET, JAMESTOWN, NY 14701
PRESIDENT5$0$0
SIMONE SELLSTROM
215 CHERRY STREET, JAMESTOWN, NY 14701
VICE-PRESIDENT5$0$0
JACQEILINE PHELPS
215 CHERRY STREET, JAMESTOWN, NY 14701
TREASURER5$0$0
JEROME LEE YAW
215 CHERRY STREET, JAMESTOWN, NY 14701
SECRETARY5$0$0
ELIZABETH BAUMAN
215 CHERRY STREET, JAMESTOWN, NY 14701
DIRECTOR5$0$0
DR LYNN DUNHAM
215 CHERRY STREET, JAMESTOWN, NY 14701
DIRECTOR5$0$0
NANCY GLEASON
215 CHERRY STREET, JAMESTOWN, NY 14701
DIRECTOR5$0$0
THOMAS HOLT
215 CHERRY STREET, JAMESTOWN, NY 14701
DIRECTOR5$0$0
ROBERT WHITE
215 CHERRY STREET, JAMESTOWN, NY 14701
DIRECTOR5$0$0
990-PF for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
GREGORY J EDWARDS
215 CHERRY STREET, JAMESTOWN, NY 14701
CEO
Highest-paid employee
35$181,171$9,019
KATHY BURCH
215 CHERRY STREET, JAMESTOWN, NY 14701
FINANCIAL OFFICER
Highest-paid employee
35$86,084$4,304
NANCY GLEASON
215 CHERRY STREET, JAMESTOWN, NY 14701
PRESIDENT5$0$0
DEREK WATKINS
215 CHERRY STREET, JAMESTOWN, NY 14701
VICE-PRESIDENT5$0$0
SIMONE SELLSTROM
215 CHERRY STREET, JAMESTOWN, NY 14701
TREASURER5$0$0
JACQEILINE PHELPS
215 CHERRY STREET, JAMESTOWN, NY 14701
SECRETARY5$0$0
ELIZABETH BAUMAN
215 CHERRY STREET, JAMESTOWN, NY 14701
DIRECTOR5$0$0
DR LYNN DUNHAM
215 CHERRY STREET, JAMESTOWN, NY 14701
DIRECTOR5$0$0
THOMAS HOLT
215 CHERRY STREET, JAMESTOWN, NY 14701
DIRECTOR5$0$0
JEROME LEE YAW
215 CHERRY STREET, JAMESTOWN, NY 14701
DIRECTOR5$0$0
ROBERT WHITE
215 CHERRY STREET, JAMESTOWN, NY 14701
DIRECTOR5$0$0

Address and contacts

Address (IRS master file)
215 CHERRY ST, JAMESTOWN, NY 14701-5203
Signed the 990-PF
GREGORY J EDWARDS, CEO
Phone
(716) 487-1062
Return prepared by
JOHN S TRUSSALO CPA PC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
16-6050287
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
1965
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$79,237,972
Income (IRS master file)
$10,925,285

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,854,087$3,959,946$79,237,972XML
990-PFDecember 2023$2,885,877$4,491,878$75,226,464XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 16-6050287).

Questions about GEBBIE FOUNDATION INC

What is the EIN of GEBBIE FOUNDATION INC?
The employer identification number (EIN) of GEBBIE FOUNDATION INC is 16-6050287.
Is GEBBIE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to GEBBIE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GEBBIE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GEBBIE FOUNDATION 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 GEBBIE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of GEBBIE FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 12 people; 3 received compensation from the organization, the highest $189,399 (GREGORY J EDWARDS, CEO).
How much revenue does GEBBIE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,854,087, expenses of $3,959,946 and total assets of $79,237,972 at year end.

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