Nonprofit · EIN 37-1339718
FIRST BANCSHARES INC
Tax-exempt · MATTOON, IL 61938
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $324,357 | $341,808 | -$17,451 | $592,595 | $0 | $592,595 |
| December 31, 2024 | 990-PF | $626,613 | $452,095 | $174,518 | $610,046 | $0 | $610,046 |
| December 31, 2023 | 990-PF (amended) | -$17,465 | $633,830 | -$651,295 | $435,528 | $0 | $435,528 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $300,000
- Dividends
- $27,957
- Net gain from sales of assets
- -$3,600
Expenses
- Grants and similar amounts paid
- $332,333
- Compensation of officers, directors and key employees
- $7,316
- Disbursements for charitable purposes
- $335,666
- Excise tax on investment income
- $303
Balance sheet and other
- Total assets, start of year
- $610,046
- Total assets, end of year
- $592,595
- Total liabilities, end of year
- $0
- Net assets, end of year
- $592,595
- Fair market value of assets
- $652,181
- Qualifying distributions
- $335,666
- Net investment income
- $27,957
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 |
|---|---|---|---|
| FIRST MID WEALTH MANAGEMENT COMPANY 1515 CHARLESTON AVE, MATTOON, IL 61938 | TRUSTEE | 1 | $7,316 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FIRST MID WEALTH MANAGEMENT COMPANY 1515 CHARLESTON AVE, MATTOON, IL 61938 | TRUSTEE | 1 | $12,093 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FIRST MID WEALTH MANAGEMENT COMPANY 1515 CHARLESTON AVE, MATTOON, IL 61938 | TRUSTEE | 1 | $9,457 |
Address and contacts
- Address (IRS master file)
- PO BOX 529, MATTOON, IL 61938-0529
- Signed the 990-PF
- FIRST MID WEALTH MGMT, TRUSTEE
- Phone
- (217) 234-7454
- Return prepared by
- WEST & COMPANY 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 | 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
- 37-1339718
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $592,595
- Income (IRS master file)
- $489,131
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $324,357 | $341,808 | $592,595 | IRS |
| 990-PF | December 2024 | $626,613 | $452,095 | $610,046 | IRS |
| 990-PF | December 2023 | -$17,465 | $633,830 | $435,528 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 37-1339718).
Questions about FIRST BANCSHARES INC
- What is the EIN of FIRST BANCSHARES INC?
- The employer identification number (EIN) of FIRST BANCSHARES INC is 37-1339718.
- Is FIRST BANCSHARES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to FIRST BANCSHARES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FIRST BANCSHARES INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FIRST BANCSHARES INC 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 FIRST BANCSHARES INC 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 FIRST BANCSHARES INC?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $7,316 (FIRST MID WEALTH MANAGEMENT COMPANY, TRUSTEE).
- How much revenue does FIRST BANCSHARES INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $324,357, expenses of $341,808 and total assets of $592,595 at year end.
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