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Nonprofit · EIN 45-2976901

STATE BANK FOUNDATION

Tax-exempt · FREEPORT, IL 61032

Financials

$52K$19K2023$60K$21K2024
Revenue Expenses · by fiscal year end
Financials of STATE BANK FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$60,127$21,245$38,882$356,758–$356,758
June 30, 2024990-EZ$51,861$18,725$33,136$317,876–$317,876
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$15,095
Investment income
$10,476
Net gain from sales of assets
$14,385
Net income from fundraising events
$20,171

Expenses

Grants and similar amounts paid
$20,500
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$720
Other expenses
$25
Program services (functional)
$20,500

Balance sheet and other

Total assets, start of year
$317,876
Total assets, end of year
$356,758
Total liabilities, end of year
–
Net assets, end of year
$356,758
Cash, savings and investments
$16,139
Gross receipts
$78,617

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CARSTEN BRANDTPRESIDENT0$0
SARAH STUCKEYTREASURER0$0
AMY RUSHVICE PRESIDE0$0
PETE NORMANDIRECTOR0$0
CORAL LAMMDIRECTOR0$0
TRAVIS HOWELLDIRECTOR0$0
CHRIS SCHNEIDERMANSECRETARY0$0
BRIANNA BURKEDIRECTOR0$0
DREY ABBOTTDIRECTOR0$0
990-EZ for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
CARSTEN BRANDTPRESIDENT0$0
SARAH STUCKEYDIRECTOR0$0
BETH BASTIANTREASURER0$0
PETE NORMANDIRECTOR0$0
TROY LESSMANDIRECTOR0$0
TRAVIS HOWELLDIRECTOR0$0
CHRIS SCHNEIDERMANSECRETARY0$0
BRIANNA BURKEDIRECTOR0$0
DREY ABBOTTDIRECTOR0$0

Address and contacts

Address (IRS master file)
1713 S DIRCK DR, FREEPORT, IL 61032-6707
In care of
% MARY M HARTMAN
Signed the 990-EZ
SARAH STUCKEY, TREASURER
Phone
(815) 297-0900
Return prepared by
LUCAS GROUP CPAS ADVISORS PLLC

Mission

TO PROVIDE ADDITIONAL MONETARY RESOURCES FOR THE SUPPORT OF CHARITABLE, RELIGIOUS, SCIENTIFIC, AND EDUCATIONAL PROGRAMS THAT MAKE A POSITIVE DIFFERENCE AND ENCOURAGE MEANINGFUL AND SUSTAINABLE CHANGE WITHIN THE COMMUNITIES WE SERVE. WE STRIVE TO ENHANCE THE LIVES OF THOSE IN OUR GEOGRAPHIC REGION BY SUPPORTING THE AGENCIES THAT SERVE THEM. WE RAISE MONEY BY UNDERTAKING PROJECTS AND ACCEPTING CONTRIBUTIONS, GIFTS, DONATIONS, BEQUESTS AND DEVISES OF MONEY AND PROPERTY EXCLUSIVELY FOR THE FOREGOING CHARITABLE AND EDUCATIONAL PURPOSES.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE ADDITIONAL MONETARY RESOURCES FOR SUPPORT OF CHARITABLE, RELIGIOUS, SCIENTIFIC, AND EDUCATIONAL PROGRAMS THAT MAKE A POSITIVE DIFFERENCE AND ENCOURAGE MEANINGFUL AND SUSTAINABLE CHANGE WITHIN THE COMMUNITY.
    Expenses $20,500 · grants $20,500

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

File the 2025 990-EZ for STATE BANK FOUNDATION

Due November 16, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
45-2976901
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
2011
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$356,758
Income (IRS master file)
$78,617

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$60,127$21,245$356,758XML
990-EZJune 2024$51,861$18,725$317,876XML
990-EZJune 2023–––IRS
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 2019–––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 45-2976901).

Questions about STATE BANK FOUNDATION

What is the EIN of STATE BANK FOUNDATION?
The employer identification number (EIN) of STATE BANK FOUNDATION is 45-2976901.
Is STATE BANK FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to STATE BANK FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STATE BANK FOUNDATION 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 STATE BANK FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STATE BANK FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of STATE BANK FOUNDATION?
The 990-EZ for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does STATE BANK FOUNDATION have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $60,127, expenses of $21,245 and total assets of $356,758 at year end.

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