Nonprofit · EIN 35-7343724
GERALD K MEIER CHARITABLE TRUST
Tax-exempt · FREEPORT, IL 61032
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $91,832 | $356,428 | -$264,596 | $6,191,221 | $0 | $6,191,221 |
| December 31, 2024 | 990 | $165,886 | $374,211 | -$208,325 | $5,873,141 | $0 | $5,873,141 |
| December 31, 2023 | 990 | $151,762 | $306,653 | -$154,891 | $5,456,205 | $0 | $5,456,205 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $91,832
- Net gain from sales of assets
- -$55,992
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $294,557
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,275
- Program services (functional)
- $294,557
- Management and general (functional)
- $61,871
Balance sheet and other
- Total assets, start of year
- $5,873,141
- Total assets, end of year
- $6,191,221
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,191,221
- Publicly traded securities
- $5,807,787
- Net assets with donor restrictions
- $6,191,221
- Gross receipts
- $277,171
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- IL
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHERYL LESSMAN | AVP & TO Institutional trustee | 2 | $0 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHERYL LESSMAN | AVP & TO Institutional trustee | 2 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHERYL LESSMAN | AVP & TO Institutional trustee | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 223 W STEPHENSON ST, FREEPORT, IL 61032-4358
- In care of
- % UNION SAVINGS BANK
- Principal officer (990 for 2025)
- CHERYL LESSMAN, 223 W STEPHENSON ST, FREEPORT, IL 61032
- Signed the 990
- CHERYL LESSMAN, AVP & TO
- Phone
- (815) 235-0800
- Return prepared by
- WIPFLI ADVISORY LLC
Mission
AS SPECIFIED IN THE CHARITABLE TRUST DOCUMENT, THE ORGANIZATION SUPPORTS SEVEN NAMED 501(C)(3) ORGANIZATIONS BY MAKING ANNUAL DISTRIBUTIONS FROM THE RESTRICTED ENDOWMENT FUND PROVIDED BY THE GRANTOR.
Program accomplishments
- ANNUAL PAYMENTS TO SEVEN SUPPORTED 501(C)(3) ORGANIZATIONS.Expenses $294,557 · grants $294,557
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-7343724
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type III functionally integrated
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,191,221
- Income (IRS master file)
- $277,171
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $91,832 | $356,428 | $6,191,221 | XML |
| 990 | December 2024 | $165,886 | $374,211 | $5,873,141 | IRS |
| 990 | December 2023 | $151,762 | $306,653 | $5,456,205 | XML |
| 990 | December 2022 | – | – | – | 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 35-7343724).
Questions about GERALD K MEIER CHARITABLE TRUST
- What is the EIN of GERALD K MEIER CHARITABLE TRUST?
- The employer identification number (EIN) of GERALD K MEIER CHARITABLE TRUST is 35-7343724.
- Is GERALD K MEIER CHARITABLE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to GERALD K MEIER CHARITABLE TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does GERALD K MEIER CHARITABLE TRUST 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 GERALD K MEIER CHARITABLE TRUST 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 GERALD K MEIER CHARITABLE TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GERALD K MEIER CHARITABLE TRUST?
- The 990 for the year ended December 31, 2025 names CHERYL LESSMAN.
- Who are the officers and directors of GERALD K MEIER CHARITABLE TRUST?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does GERALD K MEIER CHARITABLE TRUST have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $91,832, expenses of $356,428 and total assets of $6,191,221 at year end.
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