Nonprofit · EIN 20-3319727
DANVILLE REGIONAL FOUNDATION
Tax-exempt · DANVILLE, VA 24541
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $16,358,419 | $11,820,038 | $4,538,381 | $281,905,646 | $14,501,284 | $267,404,362 |
| December 31, 2023 | 990-PF | $13,320,686 | $16,560,686 | -$3,240,000 | $266,334,754 | $19,004,066 | $247,330,688 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,051
- Dividends
- $5,179,068
- Net gain from sales of assets
- $10,839,477
- Other income
- $334,823
Expenses
- Grants and similar amounts paid
- $6,599,005
- Compensation of officers, directors and key employees
- $544,341
- Salaries, compensation and benefits (total)
- $561,376
- Disbursements for charitable purposes
- $13,391,127
- Excise tax on investment income
- $191,094
Balance sheet and other
- Total assets, start of year
- $266,334,754
- Total assets, end of year
- $281,905,646
- Total liabilities, end of year
- $14,501,284
- Net assets, end of year
- $267,404,362
- Fair market value of assets
- $281,905,646
- Qualifying distributions
- $13,391,127
- Net investment income
- $16,214,778
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CLARK CASTEEL 512 BRIDGE ST 100, DANVILLE, VA 24541 | PRESIDENT AND CEO | 40 | $318,226 | $58,338 |
| JON C SELLS 512 BRIDGE ST 100, DANVILLE, VA 24541 | CFO AND TREASURER | 40 | $155,738 | $21,743 |
| LORI MERRICK 512 BRIDGE ST 100, DANVILLE, VA 24541 | DIR.-MARKETING & COM Highest-paid employee | 40 | $109,620 | $18,587 |
| SUSANNE BELL 512 BRIDGE ST 100, DANVILLE, VA 24541 | SR. PROG. OFFICER Highest-paid employee | 40 | $95,090 | $16,736 |
| JOSHUA HEARN 512 BRIDGE ST 100, DANVILLE, VA 24541 | SR. PROG. OFFICER Highest-paid employee | 40 | $91,241 | $25,291 |
| STEPHANIE BLEVINS 512 BRIDGE ST 100, DANVILLE, VA 24541 | ACCOUNTANT Highest-paid employee | 40 | $80,430 | $34,760 |
| SHIRLEY JOO HITE 512 BRIDGE ST 100, DANVILLE, VA 24541 | SECRETARY & EXECUTIVE ASSISTANT | 35 | $70,377 | $34,328 |
| WILLIE JONES 512 BRIDGE ST 100, DANVILLE, VA 24541 | SR. PROG. OFFICER Highest-paid employee | 40 | $66,679 | $10,822 |
| ALEXIS EHRHARDT 512 BRIDGE ST 100, DANVILLE, VA 24541 | CHAIR | 1 | $0 | $0 |
| PAUL IRWIN 512 BRIDGE ST 100, DANVILLE, VA 24541 | VICE CHAIR | 1 | $0 | $0 |
| CHARLES MAJORS 512 BRIDGE ST 100, DANVILLE, VA 24541 | DIRECTOR | 1 | $0 | $0 |
| MARTHA A WALKER 512 BRIDGE ST 100, DANVILLE, VA 24541 | DIRECTOR | 1 | $0 | $0 |
| JIM BEBEAU 512 BRIDGE ST 100, DANVILLE, VA 24541 | DIRECTOR | 1 | $0 | $0 |
| MAGGY GREGORY 512 BRIDGE ST 100, DANVILLE, VA 24541 | DIRECTOR | 1 | $0 | $0 |
| MAURICE FERRELL 512 BRIDGE ST 100, DANVILLE, VA 24541 | DIRECTOR | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL ASHWORTH 512 BRIDGE ST 100, DANVILLE, VA 24541 | DIRECTOR | 1 | $0 |
| GREG HAIRSTON 512 BRIDGE ST 100, DANVILLE, VA 24541 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Clark Casteel 512 Bridge St 100, Danville, VA 24541 | President & CEO | 40 | $303,899 | $54,457 |
| Jon C Sells 512 Bridge St 100, Danville, VA 24541 | Treasurer & CFO | 40 | $137,567 | $20,630 |
| Lori Merrick 512 Bridge St 100, Danville, VA 24541 | Dir.-Marketing & Com Highest-paid employee | 40 | $106,427 | $17,904 |
| Susanne Bell 512 Bridge St 100, Danville, VA 24541 | Sr. Prog. Officer Highest-paid employee | 40 | $88,023 | $15,702 |
| Willie Jones 512 Bridge St 100, Danville, VA 24541 | Sr. Prog. Officer Highest-paid employee | 40 | $85,439 | $14,679 |
| Hearn 512 Bridge St 100, Danville, VA 24541 | Sr. Prog. Officer Highest-paid employee | 40 | $84,460 | $24,130 |
| Stephanie Blevins 512 Bridge St 100, Danville, VA 24541 | Accountant Highest-paid employee | 40 | $78,088 | $33,049 |
| Shirley Jo Hite 512 Bridge St 100, Danville, VA 24541 | Secretary | 35 | $68,327 | $32,704 |
| Alexis I Ehrhardt 512 Bridge St 100, Danville, VA 24541 | Chair | 1 | $0 | $0 |
| Paul Erwin 512 Bridge St 100, Danville, VA 24541 | Vice Chair | 1 | $0 | $0 |
| Carolyn Evans 512 Bridge St 100, Danville, VA 24541 | Director | 1 | $0 | $0 |
| Charles Majors 512 Bridge St 100, Danville, VA 24541 | Director | 1 | $0 | $0 |
| Martha A Walker 512 Bridge St 100, Danville, VA 24541 | Director | 1 | $0 | $0 |
| Tammy Wright-Warren left 2023 512 Bridge St 100, Danville, VA 24541 | Director | 1 | $0 | $0 |
| Jim Bebeau 512 Bridge St 100, Danville, VA 24541 | Director | 1 | $0 | $0 |
| Maggy Gregory 512 Bridge St 100, Danville, VA 24541 | Director | 1 | $0 | $0 |
| Chris R Eastwood left 2023 512 Bridge St 100, Danville, VA 24541 | Director | 1 | $0 | $0 |
| Maurice Ferrell 512 Bridge St 100, Danville, VA 24541 | Director | 1 | $0 | $0 |
| Paul Ashworth 512 Bridge St 100, Danville, VA 24541 | Director | 1 | $0 | $0 |
| Greg Hairston 512 Bridge St 100, Danville, VA 24541 | Director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 512 BRIDGE ST, DANVILLE, VA 24541-1406
- In care of
- % GARY WALDMAN
- Signed the 990-PF
- JON C SELLS, CFO
- Phone
- (434) 799-2176
- Website
- WWW.DRFONLINE.ORG
- Return prepared by
- CBIZ ADVISORS LLC
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 | Not 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
- 20-3319727
- 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
- 2006
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $281,905,646
- Income (IRS master file)
- $114,134,087
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $16,358,419 | $11,820,038 | $281,905,646 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $13,320,686 | $16,560,686 | $266,334,754 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | 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 20-3319727).
Questions about DANVILLE REGIONAL FOUNDATION
- What is the EIN of DANVILLE REGIONAL FOUNDATION?
- The employer identification number (EIN) of DANVILLE REGIONAL FOUNDATION is 20-3319727.
- Is DANVILLE REGIONAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to DANVILLE REGIONAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DANVILLE REGIONAL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DANVILLE REGIONAL 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 DANVILLE REGIONAL FOUNDATION 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 DANVILLE REGIONAL FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 17 people; 8 received compensation from the organization, the highest $318,226 (CLARK CASTEEL, PRESIDENT AND CEO).
- How much revenue does DANVILLE REGIONAL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $16,358,419, expenses of $11,820,038 and total assets of $281,905,646 at year end.
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