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Nonprofit · EIN 33-1013709

CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC

Tax-exempt · CHERRY HL VLG, CO 80113

Financials

$65K$341K2023$1.2M$350K2024
Revenue Expenses · by fiscal year end
Financials of CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,152,444$349,957$802,487$1,066,172$0$1,066,172
December 31, 2023990$65,276$341,188-$275,912$263,685$0$263,685
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,117,128
Program service revenue
$0
Investment income
$35,316
Other revenue
$0

Expenses

Grants and similar amounts paid
$343,916
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$343,916
Management and general (functional)
$6,041

Balance sheet and other

Total assets, start of year
$263,685
Total assets, end of year
$1,066,172
Total liabilities, end of year
$0
Net assets, end of year
$1,066,172
Net assets without donor restrictions
$1,066,172
Gross receipts
$1,152,444
Employees
0
Volunteers
5
Year formed
2001
State of legal domicile
CO

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAVID PACKERCHAIRMAN
Trustee or director, Officer
1$0
TODD GERVASINIVICE CHAIRMAN
Trustee or director, Officer
1$0
PAUL WIESNERSECRETARY & TREASURER
Trustee or director, Officer
1$0
WAYNE HUTCHENSTRUSTEE
Trustee or director
1$0
GEORGE SOLICHTRUSTEE
Trustee or director
1$0
CORY ROSSTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
TODD GERVASINICHAIRMAN
Trustee or director, Officer
1$0
DAVID PACKERVICE CHAIRMAN
Trustee or director, Officer
1$0
PAUL WIESNERSECRETARY & TREASURER
Trustee or director, Officer
1$0
WAYNE HUTCHENSTRUSTEE
Trustee or director
1$0
GEORGE SOLICHTRUSTEE
Trustee or director
1$0
CORY ROSSTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
4125 S UNIVERSITY BLVD, CHERRY HL VLG, CO 80113-4904
In care of
% STEPHEN KLEMENZ
Principal officer (990 for 2024)
DAVID PACKER, 4125 S UNIVERSITY BLVD, CHERRY HILLS VILLAGE, CO 80113
Signed the 990
DAVID PACKER, VICE CHARIMAN
Phone
(303) 350-5200
Return prepared by
CONDON O'MEARA MCGINTY & DONNELLY LLP

Mission

TO AWARD SCHOLARSHIP ASSISTANCE TO DESERVING STUDENT-EMPLOYEES OF CHERRY HILLS COUNTRY CLUB AND ASSIST IN FURTHERING EDUCATIONAL PLANS OF THOSE STUDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO AWARD SCHOLARSHIP ASSISTANCE TO ELIGIBLE STUDENTS.
    Expenses $343,916 · grants $343,916

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 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
33-1013709
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
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$1,066,172
Income (IRS master file)
$1,152,444

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,152,444$349,957$1,066,172XML
990December 2023$65,276$341,188$263,685XML
990December 2022$336,521$268,919$542,697IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––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 33-1013709).

Questions about CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC

What is the EIN of CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC?
The employer identification number (EIN) of CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC is 33-1013709.
Is CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHERRY HILLS PALMER 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 CHERRY HILLS PALMER SCHOLARSHIP 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 CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC?
The 990 for the year ended December 31, 2024 names DAVID PACKER.
Who are the officers and directors of CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,152,444, expenses of $349,957 and total assets of $1,066,172 at year end.

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