Nonprofit · EIN 30-6081202
BUD H BABCOCK TR
Also known as MERHAR GERALD & RICK HART TTEE
Tax-exempt · WILLOUGHBY, OH 44094
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $131,699 | $35,859 | $95,840 | $1,378,715 | $492,158 | $886,557 |
| December 31, 2024 | 990-PF | $117,758 | $43,216 | $74,542 | $1,313,914 | $534,329 | $779,585 |
| December 31, 2023 | 990-PF | $94,502 | $53,859 | $40,643 | $1,250,479 | $545,436 | $705,043 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $11,995
- Interest
- $152
- Net gain from sales of assets
- $119,552
Expenses
- Grants and similar amounts paid
- $16,400
- Compensation of officers, directors and key employees
- $11,817
- Disbursements for charitable purposes
- $16,400
- Excise tax on investment income
- $1,733
Balance sheet and other
- Total assets, start of year
- $1,313,914
- Total assets, end of year
- $1,378,715
- Total liabilities, end of year
- $492,158
- Net assets, end of year
- $886,557
- Fair market value of assets
- $1,248,711
- Qualifying distributions
- $16,400
- Net investment income
- $131,699
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 |
|---|---|---|---|
| GERALD MERHAR 4077 CLARK AVE, WILLOUGHBY, OH 44094 | TRUSTEE | 5 | $5,909 |
| VICKI MORLEY 4077 CLARK AVE, WILLOUGHBY, OH 44094 | TRUSTEE | 5 | $2,954 |
| ROBIN HOPKINS 4077 CLARK AVE, WILLOUGHBY, OH 44094 | TRUSTEE | 5 | $2,954 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GERALD MERHAR 4077 CLARK AVE, WILLOUGHBY, OH 44094 | TRUSTEE | 5 | $5,706 |
| VICKI MORLEY 4077 CLARK AVE, WILLOUGHBY, OH 44094 | TRUSTEE | 5 | $2,713 |
| LORI KLONOWSKI 4077 CLARK AVE, WILLOUGHBY, OH 44094 | TRUSTEE | 5 | $2,713 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gerald Merhar 4077 Clark Ave, Willoughby, OH 44094 | Trustee | 5 | $5,556 |
| Vicki Morley 4077 Clark Ave, Willoughby, OH 44094 | Trustee | 5 | $2,639 |
| Robin Hopkins 4077 Clark Ave, Willoughby, OH 44094 | Trustee | 5 | $2,638 |
Address and contacts
- Address (IRS master file)
- 4077 CLARK AVE, WILLOUGHBY, OH 44094-6141
- Signed the 990-PF
- GERALD MERHAR, TRUSTEE
- Phone
- (440) 946-2040
- Return prepared by
- Dr James E Racic CPA Ltd
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
- 30-6081202
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,378,715
- Income (IRS master file)
- $226,693
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $131,699 | $35,859 | $1,378,715 | XML |
| 990-PF | December 2024 | $117,758 | $43,216 | $1,313,914 | XML |
| 990-PF | December 2023 | $94,502 | $53,859 | $1,250,479 | 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 30-6081202).
Questions about BUD H BABCOCK TR
- What is the EIN of BUD H BABCOCK TR?
- The employer identification number (EIN) of BUD H BABCOCK TR is 30-6081202.
- Is BUD H BABCOCK TR tax-exempt?
- Yes. The IRS lists it as tax-exempt.
- Which annual return does BUD H BABCOCK TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BUD H BABCOCK TR 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 BUD H BABCOCK TR 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 BUD H BABCOCK TR?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $5,909 (GERALD MERHAR, TRUSTEE).
- How much revenue does BUD H BABCOCK TR have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $131,699, expenses of $35,859 and total assets of $1,378,715 at year end.
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