Nonprofit · EIN 51-6578571
HERB BAILEY SCHOLARSHIP FUND
Also known as BANGOR SAVINGS BANK TTEE
Tax-exempt · BANGOR, ME 04402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $9,642 | $7,540 | $2,102 | $95,226 | $0 | $95,226 |
| December 31, 2024 | 990-PF | $6,972 | $6,894 | $78 | $93,122 | $0 | $93,122 |
| December 31, 2023 | 990-PF | $5,674 | $12,257 | -$6,583 | $93,032 | $0 | $93,032 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $3,920
- Net gain from sales of assets
- $5,722
Expenses
- Grants and similar amounts paid
- $5,000
- Compensation of officers, directors and key employees
- $737
- Disbursements for charitable purposes
- $5,789
- Excise tax on investment income
- $115
Balance sheet and other
- Total assets, start of year
- $93,122
- Total assets, end of year
- $95,226
- Total liabilities, end of year
- $0
- Net assets, end of year
- $95,226
- Fair market value of assets
- $118,092
- Qualifying distributions
- $5,789
- Net investment income
- $9,640
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 |
|---|---|---|---|
| Bangor Savings Bank PO BOX 656, BANGOR, ME 044029934 | TRUSTEE | 1 | $737 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bangor Savings Bank PO BOX 656, BANGOR, ME 044029934 | TRUSTEE | 1 | $736 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bangor Savings Bank PO BOX 656, BANGOR, ME 044029934 | TRUSTEE | 1 | $755 |
Address and contacts
- Address (IRS master file)
- PO BOX 656, BANGOR, ME 04402-0656
- Signed the 990-PF
- MICHAEL ADAMS, VP
- Phone
- (207) 248-4373
- Return prepared by
- ERNST & YOUNG US LLP
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
- 51-6578571
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $95,226
- Income (IRS master file)
- $21,060
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $9,642 | $7,540 | $95,226 | IRS |
| 990-PF | December 2024 | $6,972 | $6,894 | $93,122 | IRS |
| 990-PF | December 2023 | $5,674 | $12,257 | $93,032 | 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 51-6578571).
Questions about HERB BAILEY SCHOLARSHIP FUND
- What is the EIN of HERB BAILEY SCHOLARSHIP FUND?
- The employer identification number (EIN) of HERB BAILEY SCHOLARSHIP FUND is 51-6578571.
- Is HERB BAILEY SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt.
- Which annual return does HERB BAILEY SCHOLARSHIP FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HERB BAILEY SCHOLARSHIP FUND 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 HERB BAILEY SCHOLARSHIP FUND 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 HERB BAILEY SCHOLARSHIP FUND?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $737 (Bangor Savings Bank, TRUSTEE).
- How much revenue does HERB BAILEY SCHOLARSHIP FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $9,642, expenses of $7,540 and total assets of $95,226 at year end.
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